$129,000 $145,000 ↓ $16,000 reduced Active
3865 E Leonesio Drive #B2
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
696 Sq Ft

About This Property

Priced to Sell! Upstairs corner condominium located in Clear Acre Gardens in North Reno with convenient access to I-80, shopping, dining, entertainment, and public transportation. This 1-bedroom, 1-bath home features a bright, open floor plan with carpet and vinyl flooring throughout. The kitchen includes an electric range, built-in dishwasher, and adjacent dining area overlooking the living room with access to the private balcony. The spacious bedroom offers a large closet.The private balcony provides additional outdoor living space with pleasant views. The desirable corner-unit location offers added privacy. Includes one assigned covered carport parking space just steps from the unit, ample guest parking, and access to the community pool. Ideal for low-maintenance living, a first-time homebuyer, or an investment opportunity.

Listed by Chante Hargrove — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260008567
Days on Market 45
Price/Sq Ft $185

Property History

Jul 04, 2026
Listed for sale
$129,000
Aug 13, 2026
Price changed
$129,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 696
Lot Size 0.02 acres
Stories 1
Year Built 1983
Property Type Condominium
Subdivision Clearacre Garden 2
STR Jurisdiction Washoe County
APN 035-143-02
Parking
Total Parking 1
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Roof Composition, Pitched, Shingle
Foundation None
Utilities & Systems
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Financial
Annual Tax $379
HOA Fee $300 / Monthly
HOA / Community Clearacre Gardens No2
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Barbecue, Clubhouse, Landscaping, Parking, Pool
📊

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% ($25,800)
Home price
$129,000
Loan details
30-yr fixed, 6.5%
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