$615,000
Active
1313 Powell Lane
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
Rare opportunity to assume at 2.25 percent loan for qualified Buyers! This centrally located Reno Duplex is fully rented, offering immediate rental income and excellent investment potential. Conveniently located near shopping, dining, schools, and major commuter routes, this turnkey property is great for a live and rent the other unit or for an investment portfolio. Each side features 2 bedrooms and 2 full bathrooms with one car garage and fenced backyard.
Listed by Amanda Mueller — NextHome Yourpickettfence Group
Listing Details
Status
Active
MLS #
260009880
Days on Market
1
Property History
Jul 31, 2026
Listed for sale
$615,000
Property Overview
Beds
4
Lot Size
0.09 acres
Stories
2
Year Built
2004
Property Type
Duplex
Subdivision
Sun Acres 2
STR Jurisdiction
Washoe County
APN
020-450-09
Parking
Total Parking
4
Parking Features
Assigned, Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Level
Construction
Frame, Vinyl Siding
Roof
Composition, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$3,051
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
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% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
