$599,500
Active
1522 Kirman Avenue #1520 / 1522
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
About This Property
Two homes on one lot. Perfect for investors and owner-occupants alike. Rent both houses to maximize rental income or live in one and rent the other to offset living cost. Sought after neighborhood with high walkability. Close proximity to Midtown Reno, Reno Public Market, Reno Experience District, etc. Each home offers 2 bedrooms and 1 bathroom, 826 sq.ft. of living space, private / fenced yards, washer & dryer hookups, and individual utility meters for gas, electricity, and water. The property has been lovingly cared for by local owners. Sewer line was completely replaced in 2026. This property is turn-key and ready to go! Call listing broker for Cashflow Analysis.
Listed by Chris McCain — DL Realty
Listing Details
Status
Active
MLS #
260001031
Property History
Jul 16, 2026
Listed for sale
$599,500
Property Overview
Beds
4
Lot Size
0.16 acres
Stories
1
Year Built
1957
Property Type
Duplex
Subdivision
Morton 1
STR Jurisdiction
Washoe County
APN
013-421-41
Parking
Total Parking
3
Parking Features
Varies by Unit
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front
Construction
Brick, Concrete, Glass, Unknown
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Pool & Spa
Pool
No
Utilities & Systems
Heating
Wall Furnace
Cooling
Evaporative Cooling, Wall/Window Unit(s), Varies By Unit
Financial
Annual Tax
$1,477
Schools
Elementary School
Veterans
Middle School
Vaughn
High School
Wooster
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% ($119,900)
Home price
$599,500
Loan details
30-yr fixed, 6.5%
