$2,365 Active
8406 Vermilion Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,306 Sq Ft

About This Property

Be the first to call this beautiful new construction home yours! This thoughtfully designed home features an open-concept floor plan with luxury vinyl plank flooring throughout the main living areas, a modern kitchen with stainless steel appliances and plenty of natural light. The spacious primary suite is conveniently located on the main floor and includes a private bath and walk-in closet. Upstairs you'll find a the other bedrooms, full bathroom, and laundry area. Enjoy the low-maintenance backyard, attached one-car garage, and all the benefits of a brand-new home in the growing Lemmon Valley community. Conveniently located near shopping, dining, parks, and easy freeway access. Move-in ready! This is a NON SMOKING property. Pets allowed on approval. Dogs only under 40 lbs. 2 dog max. 300.00 per pet additional security deposit. Pet rent of 50.00 per month. Shown by appointment. 45.00 per adult application fee.

Listed by Tamara Eifert — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260010042
Price/Sq Ft $2

Property History

Aug 04, 2026
Listed for sale
$2,365
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,306
Lot Size 0.05 acres
Stories 2
Property Type Duplex
Subdivision Legacy Village Townhomes - Unit 1
STR Jurisdiction Washoe County
APN 552-463-05
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($473)
Home price
$2,365
Loan details
30-yr fixed, 6.5%
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