$785,000 Active Under Contract
307 Moran Street
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·

About This Property

A rare opportunity to own a piece of Midtown history, thoughtfully reimagined for modern living. Originally built in the 1920s, and remodeled as a duplex in 2011, this character-rich property blends timeless charm with today's essential upgrades. Recent improvements include a new roof, HVAC, water heater, appliances, blinds, garbage disposal, and fresh interior and exterior paint, all completed within the past four years. The property features a spacious studio on the lower level and a well-appointed two bedroom, two bath residence upstairs, offering flexibility for investors or owner-occupants seeking additional income. The lower unit lives large, while the upper unit provides comfortable, light-filled living. Ideally located just moments from Midtown's vibrant dining, shopping, and year-round events, this is a compelling opportunity to own a versatile and turnkey property in one of Reno's most desirable neighborhoods.

Listed by Ryan Kane — RE/MAX Professionals-Reno

Listing Details

Status Active Under Contract
MLS # 260004733
Days on Market 48

Property History

Apr 18, 2026
Listed for sale
$785,000
Current
Pending
$785,000
Property Overview
Beds 2
Lot Size 0.06 acres
Stories 2
Year Built 1920
Property Type Duplex
Subdivision Wells Addition
STR Jurisdiction Washoe County
APN 013-012-15
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front
Construction Brick, Wood Siding
Roof Composition, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Wall Furnace
Cooling Central Air
Financial
Annual Tax $1,635
Schools
Elementary School Booth
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
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% ($157,000)
Home price
$785,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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