$845,000 Active Under Contract
8101 Leroy Street
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.5 Baths
·
2,812 Sq Ft

About This Property

Introducing 8101 Leroy, a rare Reno retreat offering quintessential Nevada mountain views stretching across Hunter Creek, the Mt. Rose Wilderness, and out toward Verdi. Set on a full acre just 10 minutes from downtown, this property blends the ease of city access with the space, privacy, and freedoms of rural living. The property includes two separate, private dwelling units: a standalone 1 bedroom, 1 bathroom cottage with a kitchen, and a 4 bedroom, 2.5 bathroom ranch-style rambler. Both residences were completely renovated over the past two years by a high-end Lake Tahoe and Martis Camp general contractor, bringing luxury-level craftsmanship and thoughtful design throughout. Significant upgrades deliver comfort, efficiency, and long-term peace of mind, including a new metal roof on the cottage, mini-split heat pump systems for zone-controlled heating and cooling, a new a/c condenser, and new tankless water heaters. Inside, the homes feature beautifully tiled bathrooms with bold contemporary black-and-gold finishes, along with kitchens appointed with marble and quartz countertops and stainless steel appliances. The expansive yard is a blank slate ready for your vision, and the property also includes RV hookups for added flexibility. The yard offers many options for additional expansion such as a shop, garage, equestrian facilities or other outbuildings. Both homes offer well insulated from outside noise that helps create a quiet, serene living experience. With two distinct living spaces, the property provides a wide range of optionsâ€"from multi-generational living to a dedicated office or studio, guest accommodations, or opportunities for additional long-term or short-term rental income.

Listed by Wesley Pittman — TrueNest Properties

Listing Details

Status Active Under Contract
MLS # 260001065
Days on Market 97
Price/Sq Ft $300

Property History

Jan 30, 2026
Listed for sale
$845,000
Current
Pending
$845,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,812
Lot Size 1.08 acres
Stories 1
Year Built 1944
Property Type Single Family Residence
Subdivision Mesa Park
APN 039-137-06
Parking
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features RV Hookup
Lot Features Gentle Sloping, Landscaped, Level
View Mountain(s)
Construction Frame
Roof Metal
Foundation Crawl Space, Slab
Utilities & Systems
Heating Electric, Forced Air, Heat Pump, Propane
Cooling Central Air, Electric, Heat Pump
Financial
Annual Tax $2,374
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($169,000)
Home price
$845,000
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