$525,000
Active
447 Vine Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Exceptional investment opportunity in the heart of Reno! Conveniently located just minutes from Downtown Reno, the University of Nevada, Reno, shopping, dining, and major commuter routes. This property offers tremendous potential for investors, flippers, or buyers looking to add value in a highly desirable location. Being sold AS-IS, providing the perfect opportunity to renovate, update, or customize to your vision. The property is currently vacant, making it easy to show and ready for immediate possession. Don't miss this chance to own an investment property in an area with strong demand and excellent long-term potential.
Listed by Polet De Anda — Key Collective
Listing Details
Status
Active
MLS #
260006942
Days on Market
4
Property History
Jun 01, 2026
Listed for sale
$525,000
Property Overview
Lot Size
0.16 acres
Stories
1
Year Built
1930
Property Type
Duplex
Subdivision
Western Addition
STR Jurisdiction
Washoe County
APN
006-187-03
Parking
Total Parking
2
Parking Features
Assigned
Exterior & Lot
Exterior Features
None
Lot Features
Other
Construction
Brick
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Utilities & Systems
Heating
Oil
Financial
Annual Tax
$1,500
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
Reno
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
