$1,045,000 Active
2240 S Arlington Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,067 Sq Ft
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About This Property

Tucked away at the end of a private driveway in the heart of Old Southwest Reno, this updated 3-bedroom, 2.5-bath home offers a rare combination of privacy, character, outdoor living, and everyday convenience. Built in 1985 and meaningfully newer than many neighboring homes, the property features 2,067 square feet of living space on a spacious, level 0.27-acre lot with no HOA. Thoughtful updates throughout the home include quartz countertops, soft-close cabinetry, doors and drawers, porcelain tile flooring, a new energy-efficient induction stove, and a new washer/dryer. Vaulted ceilings enhance the main living area, while the indoor fireplace adds warmth and character. A new roof provides an important additional upgrade. The outdoor setting is equally appealing, with mature fruit trees, climbing wisteria, an established grapevine, multiple covered porches and decks, and space to gather around a firepit. The two-car garage is complemented by generous driveway and parking with room for a smaller RV, boat, or trailer, along with a large custom storage shed. One of the home's greatest advantages is its location within one of Reno's most established and distinctive neighborhoods. Enjoy tree-lined streets and convenient access to local restaurants, coffee shops, parks, pilates, tennis, pickleball, Washoe Golf Course, and nearby schools. The bike-friendly location is just minutes from Midtown and Downtown Reno, with the planned Reno Pro Soccer stadium adding even more excitement to the area's future. The expansive lot may also offer potential for an accessory dwelling unit (ADU), providing possibilities for extended family, guest accommodations or additional rental income. For buyers who value privacy, thoughtful updates, mature landscaping, expansive outdoor living, and room for recreational vehicles, 2240 S Arlington Ave is a rare find in the heart of Reno.

Listed by Mirie Linton — LPT Realty, LLC

Listing Details

Status Active
MLS # 260009397
Price/Sq Ft $506

Property History

Jul 23, 2026
Listed for sale
$1,045,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,067
Lot Size 0.27 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 019-081-11
Parking
Garage Spaces 2
Total Parking 6
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Peek
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,366
Schools
Elementary School Beck
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% ($209,000)
Home price
$1,045,000
Loan details
30-yr fixed, 6.5%
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