$324,900 Active
3301 Smith Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Prime development opportunity in the heart of Reno. With mixed-use (MU) zoning, the property allows for a wide range of potential uses, including multi-family housing. Located conveniently off of Moana Lane, close to shopping, restaurants, and the new Moana Springs Pool.

Listed by Jessica Stanger — RE/MAX Traditions

Listing Details

Status Active
MLS # 250055437
Days on Market 274

Property History

Sep 04, 2025
Listed for sale
$324,900
Property Overview
Lot Size 0.21 acres
Property Type Land
Subdivision Smith
STR Jurisdiction Washoe County
APN 019-371-01
Exterior & Lot
Lot Features Corner Lot, Level, Open Lot
Financial
Annual Tax $722
Schools
Elementary School Anderson
Middle School Swope
High School Galena
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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% ($64,980)
Home price
$324,900
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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