$1,580,000 Active Under Contract
1030 La Rue Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
3,562 Sq Ft
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About This Property

Located on one of Reno's most beloved Newlands Historic District, one of Reno's most iconic and established neighborhoods. Known for: tree-lined streets, historic architecture, and proximity to Midtown and the Truckee River. 1030 La Rue Avenue blends timeless charm with the comfort and convenience of single-level living in the heart of Old Southwest Reno. This beautifully maintained home offers a spacious and open floor plan designed for both everyday living and effortless entertaining. Warm hardwood floors throughout the main living areas, abundant natural light from large windows, and three inviting wood-burning fireplaces create a welcoming and comfortable atmosphere. Multiple gathering spaces—including a formal living room and generous family room—provide flexibility for relaxing or hosting guests. The kitchen combines style and functionality with travertine tile flooring, granite countertops, modern recessed lighting, extensive cabinetry, and a large island that flows naturally into the dining and living areas. Culinary enthusiasts will appreciate the brand-new double KitchenAid wall ovens installed in 2025, along with a new dishwasher and refrigerator added in 2024. The home's thoughtful layout made it a favorite place for the current owners to host large gatherings with friends and family, where the open design and multiple living areas easily accommodate celebrations, holidays, and relaxed evenings together. The primary suite serves as a private retreat, featuring its own wood-burning fireplace, creating a cozy and romantic getaway. The suite also includes a Carrie Bradshaw-style walk-in closet and elegant double-door entry into a spacious primary bathroom, complete with a soaking tub and generous space for relaxation. Additional bedrooms and flexible rooms provide ideal options for guests, home office space, or creative pursuits. Outside, the property truly shines. Mature trees and established landscaping create a peaceful setting rarely found today. The backyard offers a tranquil oasis with paved pathways, paver patios, and a concrete sitting bench, providing the perfect space to enjoy Reno's beautiful seasons. Significant recent upgrades completed in 2024 include: Two new furnace and A/C systems, Navien high-efficiency tankless water heater, New backyard fencing, Updated pavers and outdoor improvements, New kitchen dishwasher and refrigerator. One of the homeowner's favorite aspects of the property is its exceptional location, just minutes from Midtown, the Truckee River, museums, farmers markets, and some of Reno's best restaurants and cultural destinations. A rare opportunity to own a classic Old Southwest property combining character, comfort, and modern updates in one of Reno's most desirable neighborhoods. Note; Price reflects current appraisal report.

Listed by Virginia Marphis — Fathom Realty

Listing Details

Status Active Under Contract
MLS # 260002645
Days on Market 47
Price/Sq Ft $444

Property History

May 01, 2026
Listed for sale
$1,580,000
Current
Pending
$1,580,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,562
Lot Size 0.26 acres
Stories 1
Year Built 1950
Property Type Single Family Residence
Subdivision Newlands Manor
APN 011-291-37
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Frame
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,602
Schools
Elementary School Beck
Middle School Swope
High School Reno
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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% ($316,000)
Home price
$1,580,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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