$544,000 Active
1215 Colusa Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,176 Sq Ft
Virtual Tour

About This Property

Like fine wine, this beautifully aged, and finished in American oak, with warm rich tones will please your palate. You will find this Sproul Brothers built home with the intent to house wonderful memories. And after 62 years, it is ready to be opened. This home sits in the heart of an old northwest neighborhood. Provides subtle tree-lined streets with notes and the aroma of seasonal flowers and rose & lilac perfumes here. With a lovely, remodeled kitchen, and shaded backyard, this home is waiting to be uncorked for you and your friends' and family's experience. Less than 5 miles to the airport, Midtown, and Downtown Reno. You'll want to put down roots here. Showings begin Monday. Contact listing agent for disclosures.

Listed by Raymond Solorzano — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260010250
Price/Sq Ft $463

Property History

Aug 08, 2026
Listed for sale
$544,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,176
Lot Size 0.14 acres
Stories 1
Year Built 1964
Property Type Single Family Residence
Subdivision Sierra Heights 3A
STR Jurisdiction Washoe County
APN 001-351-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Gentle Sloping, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Unknown
Roof Composition, Pitched, Shingle
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $826
Schools
Elementary School Towles
Middle School Clayton
High School McQueen
📊

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% ($108,800)
Home price
$544,000
Loan details
30-yr fixed, 6.5%
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