$539,000 Active
1061 Whitaker Drive
Reno, NV 89503

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STR Status Unknown
5 Beds
·
2.0 Baths
·
2,270 Sq Ft

Our data on this home

About This Property

OPEN HOUSE SUNDAY 11/8 10AM-12PM!! Located in the desirable University Terrace area, this centrally located home offers a wonderful combination of character, thoughtful updates, and investment potential. Featuring 3 bedrooms on the main level, original oak hardwood floors, an updated kitchen and bathrooms, and vinyl double-pane windows, this property has plenty to offer. An additional 1,135 square feet of basement space features 2 rooms currently utilized as bedrooms, a full bathroom, a separate living room, laundry room, and abundant storage. The basement also offers a great game room and additional gathering space, making it an attractive setup for student rentals, graduate students, roommates, or multigenerational living. With two separate entrances, the flexible layout offers excellent potential for separate upstairs and downstairs living arrangements, further enhancing the property's investment appeal. The property has previously been used as a long-term rental and Airbnb, offering an opportunity for buyers interested in continuing its use as an income-producing property. The owner is also willing to sell the home furnished, creating the potential for a turnkey rental opportunity. The spacious, rock-landscaped backyard and low-maintenance, desert-inspired front yard provide renter-friendly outdoor spaces with minimal landscaping upkeep. The home is also conveniently located just three blocks from a grocery store, with easy access to UNR, shopping, dining, and downtown Reno. Property Disclosure: Please note that the home is listed as a 3-bedroom, 1-bathroom property on the assessor's records. The two basement rooms are currently utilized as bedrooms, and the basement also includes a full bathroom.

Listed by Samuel Dykstra — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260013810
Days on Market 1
Price/Sq Ft $237

Property History

Nov 03, 2026
Listed for sale
$539,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2023 $515,000 Michael KavnerChase International-Sparks Michael KavnerChase International-Sparks

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 2.0
Sq. Ft. 2,270
Lot Size 0.17 acres
Stories 1
Year Built 1949
Property Type Single Family Residence
Subdivision New Sunnyside Addition
APN 006-081-29
Parking
Garage Spaces 1
Total Parking 3
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Oil
Cooling Central Air
Financial
Annual Tax $1,243
Schools
Elementary School Peavine
Middle School Clayton
High School Reno
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$3,200 – $4,800/yr
about $333/mo
Est. Rebuild Cost (Coverage A)
$953,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$3,162 per month
Principal & interest
$2,725/mo
Property taxes
$104/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$333/mo
Estimated ~$3,200–$4,800/yr — get a local broker quote for accuracy.
Down payment
20% ($107,800)
Home price
$539,000
Loan details
30-yr fixed, 6.5%
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