$620,000 Active
5461 Morning Star Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,021 Sq Ft
Virtual Tour

About This Property

Discover the perfect blend of space and convenience in this inviting 4-bedroom, 3-bathroom home nestled on a quiet street in Northwest Reno! The flexible floor plan includes a main-level bedroom and full bath, ideal for guests, multigenerational living, or a private home office. Large cathedral ceilings in the living room. Kitchen and Family room combined with east access to the rear patio. Designed for everyday living, this charming two-story home features generous living spaces, a two-car garage, and the efficiency of a tankless water heater. Enjoy a location that's hard to beat—just a five-minute drive to Sarah Winnemucca Elementary, Billinghurst Middle School, and McQueen High School. Grocery stores, shopping, restaurants, parks, and other everyday conveniences are all just minutes away, with easy freeway access. The back yard is private and shaded for comfortable entertaining. A paver patio, mature landscape, water feature and adorable shed make the back patio a place to lounge and host family and friends. Whether you're looking for room to grow or a home in one of Northwest Reno's most convenient neighborhoods, this property delivers exceptional value. Seller is open to offering a buyer credit, providing added flexibility to help make this home your own.

Listed by Andrew Wulf — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260008234
Price/Sq Ft $307

Property History

Jun 26, 2026
Listed for sale
$620,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,021
Lot Size 0.18 acres
Stories 2
Year Built 1997
Property Type Single Family Residence
Subdivision Morning Star At Northgate 1
STR Jurisdiction Washoe County
APN 204-161-06
Parking
Garage Spaces 2
Total Parking 5
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,874
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
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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
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% ($124,000)
Home price
$620,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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