$635,000 Active
1768 Tolica Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
1,627 Sq Ft
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About This Property

Rare Turnkey Oasis in Old Southwest Reno - Fully Remodeled with Stunning Natural Light! Nestled in the highly coveted 89509 zip code at the premier corner of Plumas and Plum, this beautifully remodeled 1948 charmer has been completely reimagined with luxurious, modern finishes from top to bottom. Offering approximately 1,627 sq. ft. of living space, every inch has been meticulously upgraded to deliver the perfect blend of classic Southwest character and effortless contemporary living. This home is just minutes from downtown, the Truckee River, and some of the city's best dining and nightlife. The moment you step inside, you are greeted by massive windows that flood the home with gorgeous natural light. Every room offers picturesque views of the fully landscaped grounds, framed by magnificent mature trees that provide privacy and a serene nature-filled backdrop. The light-filled interior features a newly remodeled kitchen with new appliances, premium luxury vinyl plank flooring throughout, and modern updates that blend seamlessly with timeless charm. Step into the spectacular sunroom—an incredible 195 sq. ft. of additional flex space not included in the assessor's square footage (buyer to verify). This bright retreat is perfect for a premium home office, creative studio, or peaceful morning lounge overlooking the lush backyard. The massive 300 sq. ft. master bedroom oasis is an exceptionally rare find for the neighborhood, complete with two spacious closets and abundant natural light. No detail has been overlooked: enjoy a fully updated kitchen, double-stack laundry setup, and a powerful gas furnace attached to excellent pre-existing ductwork—making future central A/C integration a breeze. Outside, the property boasts pristine professional landscaping, mature trees, and a newly constructed low-maintenance side-by-side two-car driveway, eliminating the tight alleyways or tandem parking struggles typical of the area. A finished 117 sq. ft. shed provides additional storage or a functional workspace. Furniture is negotiable with the sale, making this home even more move in ready. This turnkey gem offers a rare opportunity to own a sun-drenched, worry-free historic home with zero work required. Experience the best of Midtown living—schedule your showing today before it's gone!

Listed by Lauren Addi — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260010537
Price/Sq Ft $390

Property History

Aug 14, 2026
Listed for sale
$635,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2023 $450,000 Casey McDermottClark Real Estate & Inv. Janice McElroyRE/MAX Gold

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,627
Lot Size 0.15 acres
Stories 1
Year Built 1948
Property Type Single Family Residence
Subdivision Hamlin
STR Jurisdiction Washoe County
APN 014-203-08
Parking
Total Parking 2
Parking Features Parking Pad
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $928
Schools
Elementary School Mt. Rose
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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($127,000)
Home price
$635,000
Loan details
30-yr fixed, 6.5%
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