$385,000 Active
815 N Maddux Drive
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
960 Sq Ft

About This Property

Step inside and discover a home where charm, character, and opportunity come together. Nestled in a desirable central location near the University, this inviting single-story home welcomes you with original hardwood floors that tell a story and create a warm, timeless feel throughout. The thoughtfully designed floor plan offers three bedrooms, including a versatile third bedroom just off the living room—perfect for a home office, guest room, hobby space, or creative retreat. Outside, the backyard is a gardener's dream and a private escape all its own. Imagine summer afternoons picking ripe plums from your mature fruit tree, tending fresh herbs and vegetables in the raised garden beds, or simply relaxing beneath the shade. Multiple storage sheds provide plenty of room for tools, toys, and projects, while a hidden bonus awaits beyond the ivy-lined fence: additional storage and coveted RV access. Lovingly maintained and move-in ready, this home also features solar panels, air conditioning, fresh interior and exterior paint, and a lush grassy yard. Whether you're searching for your first home, a college-area investment, or a place to put down roots, this property offers comfort, character, and room to grow. Come see for yourself why this is the one you've been waiting for. **Please note, there is landscape clean up in process on the upper lot**

Listed by Margaret Finel — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260007828
Price/Sq Ft $401

Property History

Jun 18, 2026
Listed for sale
$385,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 960
Lot Size 0.15 acres
Stories 1
Year Built 1948
Property Type Single Family Residence
Subdivision Hillview Terrace
STR Jurisdiction Washoe County
APN 004-191-01
Parking
Total Parking 2
Parking Features Additional Parking, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sloped Down, Sloped Up, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Financial
Annual Tax $692
Schools
Elementary School Lemelson Stem Academy
Middle School Traner
High School Hug
📊

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% ($77,000)
Home price
$385,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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