$599,900 Active Under Contract
1317 Powell Lane
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Versatile Duplex Opportunity in Reno! Discover this well-maintained duplex offering flexibility for both investors and owner-occupants. Each unit features 2 bedrooms and approximately 1,170 sq. ft. of comfortable living space. Thoughtful updates include newer bathroom remodels that add modern appeal while maintaining long-term durability. Convenience is built in with separate gas, water, and sewer meters plus in-unit washer/dryer hookups—ideal for easy management and tenant independence. The property sits in a central location that's close to shopping, dining, and everyday essentials. One unit is currently owner-occupied, while the other is on a month-to-month lease, creating immediate income with the option for flexibility—perfect for an investor or owner-occupant looking to live in one unit and rent the other.

Listed by Cesar Salmoran — XLNT Properties

Listing Details

Status Active Under Contract
MLS # 260006774
Days on Market 8

Property History

May 28, 2026
Listed for sale
$599,900
Current
Pending
$599,900
Property Overview
Lot Size 0.11 acres
Stories 2
Year Built 2004
Property Type Duplex
Subdivision Sun Acres 2
STR Jurisdiction Washoe County
APN 020-450-10
Parking
Total Parking 4
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot
Construction Wood Siding
Roof Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,700
Schools
Elementary School Smithridge
Middle School Pine
High School Wooster
📊

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% ($119,980)
Home price
$599,900
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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