$475,000 Active Under Contract
3848 Bexley Square
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
·
1,262 Sq Ft
Virtual Tour

About This Property

Situated in an elevated setting, this property offers city and mountain views that can be enjoyed from the expansive deck, enclosed sunroom, kitchen, and main living areas. The home's position provides broad outlooks toward downtown Reno and the surrounding foothills. Recent updates include quartz kitchen countertops, new stainless-steel stove, dishwasher, and microwave, updated lighting, and fresh interior paint. New vinyl plank flooring is installed in the main living areas, with new carpeting in the bedrooms. The living and dining areas include a fireplace and connect directly to the deck and sunroom, allowing for convenient access between interior and exterior spaces. The enclosed sunroom features a gas stove and provides year-round usability. Bathrooms have been updated with new quartz vanity countertops and new toilets. Additional features include RV parking, a partial finished two-car garage, zero-scape front yard landscaping, and generous deck space. The property is located with access to downtown Reno, shopping, and major roadways, and offers a combination of elevated views, outdoor living space, and recent interior updates.

Listed by Kenneth Cronin — BHG Drakulich Realty

Listing Details

Status Active Under Contract
MLS # 250059262
Days on Market 138
Price/Sq Ft $376

Property History

Dec 21, 2025
Listed for sale
$475,000
Current
Pending
$475,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,262
Lot Size 0.21 acres
Stories 1
Year Built 1980
Property Type Single Family Residence
Subdivision Sierra Hills
APN 001-182-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Down
View City, Mountain(s)
Roof Asphalt
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,020
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($95,000)
Home price
$475,000
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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