$3,995 Active
1490 Foster Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,720 Sq Ft

About This Property

Welcome to a storybook escape tucked into one of Reno's most coveted pockets—Old Southwest—where this SINGLE LEVEL, FULLY FURNISHED & PET FRIENDLY home. This home blends timeless charm with a touch of playful magic and everyday livability; this home feels like it was pulled from the pages of a classic tale, with its ORIGINAL BRICK ACCENTS, cozy WOOD-BURNING FIREPLACE, and warm, inviting spaces that make you want to settle in and stay awhile; step inside and discover TWO SPACIOUS LIVING AREAS—perfect for gathering, hosting, or simply unwinding after a long day—while the kitchen blends vintage character with modern ease, featuring a sleek INDUCTION COOKTOP that makes cooking feel effortless (and maybe even a little enchanting); every corner of the home balances function and comfort, giving you a layout that truly works for real life; out back, the magic continues with a COVERED PATIO—an ideal setting to fire up the BBQ, string up some lights, and create your own backyard retreat—overlooking a FULLY FENCED YARD that offers privacy, room to play, and is perfectly suited for pets to roam freely; the 2-CAR GARAGE adds everyday convenience, while the LOCATION seals the deal—just minutes to Downtown Reno, MidTown's vibrant dining and shops, the University of Nevada, Reno, Idlewild Park, and quick freeway access, putting everything right at your fingertips; homes like this don't come around often—this is truly a gem to be seen. Tenant paying utilities with 6 months or more lease. Owner would also consider renting the home unfurnished for minimum 1-year. Call for more detail. Pets considered upon approval. The security deposit is equal to one month's rent. Approved pets require a 1,000 refundable deposit and 50 per month, per animal. A 400 non-refundable cleaning fee applies. A 250 non-refundable administration fee is due at lease signing, along with a 50 non-refundable application fee per applicant. Owner is a licensed Real Estate Broker.

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 260000794
Days on Market 583
Price/Sq Ft $2

Property History

Jan 23, 2026
Listed for sale
$3,995
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,720
Lot Size 0.14 acres
Stories 1
Property Type Single Family Residence
APN 010-151-39
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage Door Opener, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Pool & Spa
Pool No
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities None
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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% ($799)
Home price
$3,995
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373