$839,000 Active Under Contract
1355 Charles Drive
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
·
1,960 Sq Ft

About This Property

"COMPLETELY REBUILT FROM THE STUDS OUT WITH A STUNNING NEW ADDITION" Set on a spacious, level 0.3-acre lot room for RV and boat parking, this meticulously reimagined single-level home offers 4 bedrooms and 3 full bathrooms, dual purpose laundry/office and mudroom. Fully updated electrical, plumbing, sewer and HVAC are complemented by high performance exterior of new windows, doors, siding and gutters. Restored hardwood and contemporary LVP creates a seamless flow. Light filled kitchen features high end cabinetry and countertops and new appliances. The masonry fireplace is ready for your personal touch! Ideally suited for a modern gas or electric insert conversion, this architectural centerpiece adds timeless character to the primary living space. Garage provides ample space for storage. Large xeriscape front yard, new driveway and endless possibilities. With no HOA and MF14 zoning the lot offers additional possibilities and ADU potential.

Listed by Allyson Edgington — Ferrari-Lund Real Estate South

Listing Details

Status Active Under Contract
MLS # 260002820
Days on Market 59
Price/Sq Ft $428

Property History

Mar 13, 2026
Listed for sale
$839,000
Current
Pending
$839,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,960
Lot Size 0.30 acres
Stories 1
Year Built 1951
Property Type Single Family Residence
Subdivision West Reno Heights
APN 010-252-12
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Insulation - Blown-In, Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $1,201
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
📊

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% ($167,800)
Home price
$839,000
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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