$400,000 Active
1680 Lehigh Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,008 Sq Ft

About This Property

Recently renovated and move-in ready, this charming 3-bedroom, 1-bath home offers the perfect blend of comfort and convenience. Located close to town and just minutes from schools, shopping, and bus lines, this home features fresh interior and exterior paint, a new roof, beautiful hardwood floors, and luxury vinyl tile in the kitchen and bathroom. The updated kitchen and bath boast all-new appliances, cabinetry, and fixtures, while a newly added laundry closet provides space for a stackable washer and dryer. Don't miss this opportunity—call today to schedule your private viewing. Most recent appraisal met list price.

Listed by Barbara Robinson-Ramirez — Ballard Realty, Inc.

Listing Details

Status Active
MLS # 260004876
Days on Market 20
Price/Sq Ft $397

Property History

Apr 22, 2026
Listed for sale
$400,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,008
Lot Size 0.14 acres
Stories 1
Year Built 1958
Property Type Single Family Residence
Subdivision Academy Manor 2
APN 015-154-05
Parking
Garage Spaces 1
Total Parking 4
Parking Features Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
View Mountain(s)
Construction Asbestos
Roof Composition, Flat
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $605
Schools
Elementary School Corbett
Middle School Vaughn
High School Wooster
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373