$599,950 Active Under Contract
840 Brookfield Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,840 Sq Ft

About This Property

Seller to offer a $10k credit towards buyers closing costs with acceptable offer. Welcome to this spacious, fully updated home in one of Northwest Reno's most desirable neighborhoods, just minutes from UNR and centrally located for easy access to everything Reno has to offer. With over 2,800 square feet of living space and two levels designed with separate access and distinct living areas, this property offers exceptional flexibility for multi-generational living, student housing, or rental income. The main level includes three generously sized bedrooms, 1.5 baths, and an updated kitchen featuring granite countertops, ample cabinetry, detailed tile work, and a cozy breakfast nook. The upstairs living room centers around a beautifully tiled fireplace, creating a warm and inviting space. Each bedroom is equipped with its own climate-controlled mini-split system for personalized comfort. The lower level has a private entrance and functions as a complete secondary living space, offering a bedroom, full bath, office or bonus room, living area, and kitchenette—well suited for extended family, guests, or tenants. Additional features include a wood-burning fireplace, fresh interior paint, a deep garage with excellent storage, and a fenced yard with mature landscaping and fruit trees. Side yard access provides the opportunity to create RV parking, and the backyard benefits from new underground drainage connected to the gutter system. Previously operated as a high-performing rental, the home consistently attracted quality tenants due to its spacious layout, private downstairs suite, and proximity to UNR. Whether you're seeking a primary residence, a multi-generational setup, or a proven investment property, this home offers a rare combination of space, versatility, and location in the heart of Reno.

Listed by Cameron Meals — Blue Sierra Realty

Listing Details

Status Active Under Contract
MLS # 260000428
Days on Market 114
Price/Sq Ft $211

Property History

Jan 13, 2026
Listed for sale
$599,950
Current
Pending
$599,950
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,840
Lot Size 0.20 acres
Stories 2
Year Built 1957
Property Type Single Family Residence
Subdivision Amphitheater 2
APN 002-343-03
Parking
Garage Spaces 1
Total Parking 1
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Level, Sprinklers In Front
Construction Brick Veneer
Roof Asphalt, Pitched
Foundation Slab
Financial
Annual Tax $2,067
Schools
Elementary School Peavine
Middle School Clayton
High School Reno
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,990)
Home price
$599,950
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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