$799,000 Active
1208 Charles Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,014 Sq Ft

About This Property

Rare Find - Two Properties in One! Charming and impeccably maintained 1957 home offering 1,014 square feet of comfortable living in the heart of Reno. This adorable residence blends timeless character with everyday functionality, featuring beautiful wood floors, a light-filled interior, and a cozy living room highlighted by a stunning full brick fireplace wall. Beautiful composite deck in back yard for leisure, BBQ's and entertaining. The efficient floor plan lives larger than expected, and pride of ownership is evident throughout. What sets this property apart is the included separate .20 vacant lot—an uncommon opportunity to build, expand, or hold as an investment. Whether you're looking to create additional living space, develop, or simply enjoy the extra room, the flexibility here is hard to find. A perfect fit for buyers seeking charm, condition, and long-term investment potential in a central location.

Listed by Brenda Collings — Dickson Realty - Carson City

Listing Details

Status Active
MLS # 260004917
Days on Market 14
Price/Sq Ft $788

Property History

Apr 23, 2026
Listed for sale
$799,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,014
Lot Size 0.15 acres
Stories 1
Year Built 1957
Property Type Single Family Residence
Subdivision Jonada Heights Addition
APN 010-282-55
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Masonite
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $895
Schools
Elementary School Hunter Lake
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($159,800)
Home price
$799,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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