$401,000
Active Under Contract
1515 Radcliffe Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
1.0
Baths
·
1,060
Sq Ft
About This Property
Perfect for investor or first time buyer, well taken care of. Has been a productive rental since purchased by current owners. Close to shopping and restaurants with proximity to freeway access. Could use a little TLC but priced accordingly. Buyer and Buyers agent to do their due diligence. Professional photos coming soon. Please contact LA with questions.
Listed by Marvin Parker — Chase International-Damonte
Listing Details
Status
Active Under Contract
MLS #
260011291
Days on Market
12
Price/Sq Ft
$378
Property History
Sep 01, 2026
Listed for sale
$401,000
Sep 06, 2026
Pending
$401,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,060
Lot Size
0.14 acres
Stories
1
Year Built
1956
Property Type
Single Family Residence
Subdivision
Academy Manor 1
STR Jurisdiction
Washoe County
APN
013-442-06
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sprinklers In Front
Construction
Asbestos
Roof
Asphalt, Composition, Pitched, Shingle
Foundation
Crawl Space, Full Perimeter
Utilities & Systems
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax
$699
Schools
Elementary School
Corbett
Middle School
Vaughn
High School
Wooster
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($80,200)
Home price
$401,000
Loan details
30-yr fixed, 6.5%
