$725,000 Active
1440 Allen Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,780 Sq Ft

About This Property

Moving is an exciting thought with this stunning Reno find. Located just minutes away from Idlewild Park and sitting on just shy of .2 acres, 1440 Allen St blends modern upgrades and functional space. Features begin with the eye-catching ceiling beaming that greets you as soon as you enter. Luxury vinyl plank flooring installed in 2021 adds a smooth feel throughout the living spaces. The kitchen combines warmth and style with butcher block countertops and a quartz-topped island perfect for gathering, meal prep, and entertaining. Major system updates provide peace of mind, including a new AC and furnace installed in 2025. A radiant hallway bathroom remodel done in 2024 leads you to the spacious primary room suite. Here in your private oasis, you will be pampered with a spa-like retreat. A beautifully remodeled bathroom completed in 2021 features an elegant rainfall shower and clawfoot tub. With the one-of-a-kind ceiling in the bedroom and a gorgeous scenic background, home is where you will always want to be. Additional highlights include solar, a sunroom addition, backyard shed, and a close proximity to parks, dining, and all that Reno has to offer. this move-in ready home is one you won't want to miss!

Listed by Cassandra Hodges — Real Broker LLC

Listing Details

Status Active
MLS # 260006741
Days on Market 7
Price/Sq Ft $407

Property History

May 28, 2026
Listed for sale
$725,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,780
Lot Size 0.20 acres
Stories 1
Year Built 1950
Property Type Single Family Residence
Subdivision Sierra View
STR Jurisdiction Washoe County
APN 010-161-10
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $1,390
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
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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% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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