$414,500 Active
9070 Reservoir Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,008 Sq Ft
Virtual Tour

About This Property

Welcome to this well-maintained 3-bedroom, 1-bath home situated on a spacious .34-acre lot in the heart of Lemon Valley, offering the perfect blend of comfort, updates, and functionality for first-time buyers or anyone seeking extra space for vehicles, toys, and outdoor living. This property features an attached 1-car garage plus an additional 1-car carport (just 2 years old), a pull-through side gate, and a large dedicated area for RV parking, trailers, recreational vehicles, or extra storage. An additional backyard outbuilding provides flexible space for hobbies, workshop use, or storage. Inside, the home offers fresh new carpet throughout, brand-new smoke and CO detectors, and all appliances are included — stove, refrigerator, washer, and dryer — making this home truly move-in ready. Major system updates provide peace of mind, including: newer septic system (installed 2000), new windows throughout (approximately 12 years ago), HVAC system (10 years old), roof (10 years old), and water heater (5 years old). Enjoy fully fenced front and back yards, a front storm door, and a patio cover freshly repainted, creating inviting outdoor spaces to relax and entertain. One of this property's standout features is its direct backing to undeveloped BLM land, offering quick and easy access to hiking, open space, and the natural Nevada lifestyle right from your backyard. Conveniently located in central Lemon Valley with quick access to shopping, dining, schools, and everyday amenities, this property offers exceptional value, versatility, and location. A fantastic opportunity for first-time buyers, outdoor enthusiasts, or anyone looking for space, updates, and room to grow.

Listed by Sheena Brooks — Real Broker LLC

Listing Details

Status Active
MLS # 260005705
Price/Sq Ft $411

Property History

May 07, 2026
Listed for sale
$414,500
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,008
Lot Size 0.39 acres
Stories 1
Year Built 1970
Property Type Single Family Residence
Subdivision Lemmon Valley Estates
APN 080-585-08
Parking
Garage Spaces 1
Total Parking 2
Parking Features Additional Parking, Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Desert, Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space, Full Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax $638
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

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% ($82,900)
Home price
$414,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373