$175,000 Active
3870 E Leonesio Drive #B1
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

CONVENIENT TO UNR! Looking for an affordable, low-maintenance home near the University of Nevada, Reno? This updated ground-floor condo in Clear Acre Garden II offers easy, stair-free living and a convenient central Reno location near UNR, freeway access, shopping, and dining. Inside, enjoy fresh interior paint, updated lighting, laminate and tile flooring, a refreshed kitchen with ample storage, and a bright living area with a newer sliding glass door. The generously sized bedroom features a walk-in closet, while the oversized bathroom offers additional storage and an updated vanity. Ideally located just steps from the community pool and laundry facilities, the home also includes convenient covered carport and guest parking. The HOA provides low-maintenance living with partial utilities included. Move-in ready and well suited for students, faculty, first-time buyers, investors, or anyone looking for value and convenience near UNR.

Listed by Heidi Somhegyi — RE/MAX Gold-Midtown

Listing Details

Status Active
MLS # 260008595
Days on Market 64
Price/Sq Ft $251

Property History

Jul 06, 2026
Listed for sale
$175,000
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 035-142-02
Parking
Total Parking 1
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard
Cooling Wall/Window Unit(s)
Financial
Annual Tax $286
HOA Fee $280 / Monthly
HOA / Community Clear Acre Garden 2
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Landscaping, 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% ($35,000)
Home price
$175,000
Loan details
30-yr fixed, 6.5%
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