$535,000 Active Under Contract
1385 Tioga Way
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,354 Sq Ft
Virtual Tour

About This Property

Situated on an oversized quarter-acre lot in Old Northwest, this property offers space and flexibility that's hard to find at this pricepoint. With RV gate access and side-yard parking, there's room for all your toys, trailers, or additional vehicles. The backyard is the crown gem and has been thoughtfully designed as a pollinator garden with mature mulberry, apple, ash, and cedar trees, raised planting beds, and multiple storage options including a shed and chicken coop (both included). Whether you're hosting a summer BBQ or winding down at the end of the day, it's a private outdoor retreat with endless potential. Inside, the home features 3 bedrooms, 2 bathrooms, and 1,354 sq. ft., with an open kitchen that flows into the living room creating a comfortable, connected living space. The home blends midcentury charm, highlighted by original hardwood oak flooring, with thoughtful updates including recent exterior paint and major system improvements. The roof, sewer line, A/C condenser, and water heater have all been replaced within the last 7 years, offering added peace of mind. Located in a charming Old Northwest neighborhood close to the University and Downtown Reno, this home combines character, functionality, and a rare lot size. Appliances included for buyer convenience: washer, dryer, refrigerator, dishwasher, garage freezer, and mobile kitchen island.

Listed by Wesley Pittman — TrueNest Properties

Listing Details

Status Active Under Contract
MLS # 260004657
Days on Market 25
Price/Sq Ft $395

Property History

Apr 17, 2026
Listed for sale
$535,000
Current
Pending
$535,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,354
Lot Size 0.25 acres
Stories 1
Year Built 1966
Property Type Single Family Residence
Subdivision Sierra Heights 5A
APN 001-133-20
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped
Construction Asbestos, Frame
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,068
Schools
Elementary School Towles
Middle School Clayton
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% ($107,000)
Home price
$535,000
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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