$469,000 Active Under Contract
1075 University Terrace
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,160 Sq Ft

About This Property

Welcome home to this charming single-story Reno property offering 3 bedrooms, 1 bathroom, and 1,160 square feet of living space on a generous 0.19-acre lot. Built in 1947, this home offers character and a comfortable layout with plenty of opportunity to make it your own. Enjoy cozy evenings by the fireplace and take advantage of the spacious backyard and covered patio—perfect for outdoor entertaining, relaxing, gardening, or simply enjoying the extra space. A convenient one-car garage provides parking and additional storage. The location is a standout, with easy access to the University of Nevada, Reno, downtown Reno, shopping, Reno-Tahoe International Airport, and Interstate 80. Whether you're a first-time homebuyer, an investor, or looking to downsize, this property offers an excellent opportunity in a convenient Reno location. Come see the possibilities and envision your next chapter here! Please read private remarks.

Listed by Adele Senft — RE/MAX Gold

Listing Details

Status Active Under Contract
MLS # 260011412
Days on Market 10
Price/Sq Ft $404

Property History

Sep 03, 2026
Listed for sale
$469,000
Sep 10, 2026
Pending
$469,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,160
Lot Size 0.19 acres
Stories 1
Year Built 1947
Property Type Single Family Residence
Subdivision New Sunnyside Addition
STR Jurisdiction Washoe County
APN 006-083-21
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air, Oil
Cooling Electric, Evaporative Cooling
Financial
Annual Tax $876
Schools
Elementary School Peavine
Middle School Clayton
High School Reno
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($93,800)
Home price
$469,000
Loan details
30-yr fixed, 6.5%
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