$550,000 Active Under Contract
1432 W 7th Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·

About This Property

Great Investment Opportunity! Priced to sell and full of potential, this duplex at 1430/1432 W 7th St offers an excellent income-producing opportunity. Currently tenant occupied with month-to-month leases: Unit 1430 rents for 1,500/month and Unit 1432 rents for 1,600/month. Washoe County Assessor shows 1,868 sq ft total; garage for Unit 1430 has been converted into a 3rd bedroom. Units have individual gas and electric meters, with a shared water heater and water meter. Great lot size with backyard space. Please do not disturb tenants. Drive-by only. If a prospective buyer would like to view the property, listing agent will do her best to coordinate showings, as both units are tenant occupied. No lockbox. Property is being sold as-is; seller will make no repairs. Buyers and Buyer's agent to verify all information.

Listed by Tonirose Calimlim — Fathom Realty

Listing Details

Status Active Under Contract
MLS # 260004989
Days on Market 42

Property History

Apr 24, 2026
Listed for sale
$550,000
Current
Pending
$550,000
Property Overview
Beds 5
Lot Size 0.18 acres
Stories 1
Year Built 1959
Property Type Duplex
STR Jurisdiction Washoe County
APN 006-162-14
Parking
Parking Features Attached, Common, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot
Construction Asbestos
Roof Composition, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,206
Schools
Elementary School Elmcrest
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
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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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