$2,495 Active
5900 Promontory Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,741 Sq Ft

About This Property

This 2-story townhome in Northwest Reno offers a bright, open layout with luxury vinyl plank (LVP) flooring throughout the main living areas and tons of natural light. The kitchen features granite countertops and opens directly to the dining area, making the space feel connected and functional. A powder room is conveniently located downstairs for guests. Upstairs, the primary suite includes double sinks, a large walk-in shower, garden tub, spacious closet, and separate linen closet. The two additional bedrooms are nicely sized, filled with natural light, and share a full bathroom with a shower/tub combo. The upstairs laundry room includes a washer and dryer for tenant use. Outside, you'll find a private paver patio and fenced, low-maintenance yard area, plus an attached tandem 2-car garage. Pets are welcome with owner approval. Located off of W 7th Street, this home is close to shopping, restaurants, and outdoor recreation. Don't miss this great opportunity — schedule your tour today! Tenant Responsibilities & Fees Utilities: Garbage and Sewer: 89 Water, and Power: tenants are responsible Rent: 2,495 Security Deposit: 2,595 One Time Administrative Fee: 195 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500 minimum per pet Pet Rent -35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260006411
Price/Sq Ft $1

Property History

May 21, 2026
Listed for sale
$2,495
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,741
Lot Size 0.07 acres
Stories 2
Year Built 2012
Property Type Single Family Residence
Subdivision Highland Place
APN 204-561-14
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage Door Opener, Attached, Garage, Tandem
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric, Refrigerated
Financial
HOA Fee $110 / Monthly
Schools
Elementary School Winnemucca Grammar
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($499)
Home price
$2,495
Loan details
30-yr fixed, 6.5%
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