$435,000 Active
9240 Fremont Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,296 Sq Ft

About This Property

Completely remodeled 3-bedroom, 1-bathroom single-family home on a 0.36-acre corner lot in the Lemmon Valley Estates neighborhood of Reno, Nevada. The kitchen was fully redone in 2024 with new cabinetry, countertops, and all-new kitchen appliances, opening into freshly updated living space with new flooring throughout and fresh interior paint. Additional 2024-2025 updates include a new roof, new exterior siding, fresh exterior paint, a new furnace, and a new water heater — leaving major systems and finishes essentially new from the studs out. The septic system was pumped within the past year. Outside, the property offers a detached outbuilding suited for use as a workshop or hobby space, a backyard gazebo for shaded outdoor living, and landscaped front grounds that set a clean first impression from the street. The 0.36-acre lot provides generous side and rear yard space with room for RVs, trailers, or equipment storage, and gated rear access adds functional flexibility for owners who need it. No HOA. Located in Lemmon Valley Estates in Reno, Nevada, this move-in-ready home combines a rebuilt kitchen, new systems throughout, and usable outdoor space including a workshop and gazebo — a rare combination of updates at this price point in Reno, Nevada.

Listed by Cory Coombes — Engel & Volkers Reno

Listing Details

Status Active
MLS # 260010754
Price/Sq Ft $336

Property History

Aug 20, 2026
Listed for sale
$435,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2025 $410,000 Kinney and RenwickChase International-Damonte Maria WigginsEngel & Volkers Reno

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,296
Lot Size 0.36 acres
Stories 1
Year Built 1970
Property Type Single Family Residence
Subdivision Lemmon Valley Estates
STR Jurisdiction Washoe County
APN 080-592-01
Parking
Total Parking 5
Parking Features Additional Parking, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Level
View Mountain(s)
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Pellet Stove
Cooling Central Air
Financial
Annual Tax $752
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($87,000)
Home price
$435,000
Loan details
30-yr fixed, 6.5%
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