$825,000

Estimated payment $4,620/month

Total Views 6,905
-- Bed
-- Bath
1,836 Sq Ft
$449 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Brick or Stone Mason
  • Mount Rose K-8 School of Languages Rated A-
  • Double Pane Windows
  • Patio

About This Home

Welcome to 1001 Lander St, nestled in the charming old southwest of Midtown Reno! This unique duplex presents an incredible investment opportunity for those looking to diversify their portfolio with a property that boasts steady rental income. Each side of the duplex features 2 cozy bedrooms, 1 bathroom, and individual laundry/work rooms, perfect for tenants seeking convenience and privacy.

With a total land size of 0.147 acres and dedicated 1 car garage space per unit, this well-maintained property ensures ample room and parking for residents. The desirability of 1001 Lander St is unmatched—situated within walking distance to the vibrant heart of Midtown, where parks, restaurants, bars, and shops create an engaging and lively community atmosphere.

Investors will appreciate the attractive average rent of $2,022/month per unit, offering a robust return on investment. Whether you're looking to occupy one side while earning from the other or fully capitalize on Reno's rental market, this duplex is a rare find. Seize the opportunity to own a piece of Reno's sought-after Midtown district.

Listing Agent

Joseph Wieczorek

Dickson Realty - Downtown License #S.169283 Listed on: 05/23/2025

Dickson Realty - Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1951

Lot Details

  • 6,403 Sq Ft Lot
  • Back Yard Fenced
  • Drip System Landscaping

Home Design

  • Duplex
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 2 Parking Spaces Included
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Mt. Rose Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • Master Meter
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for trash collection, telephone, snow removal, common area maintenance
  • The owner pays for water
  • Assessor Parcel Number 011-314-03

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Reno Community
  • Park Lawn Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,593

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.15
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1961-o
  • Co List Office Phone: 775-324-7000
  • Subdivision Name: Park Lawn
  • Has Cooling?: No
  • Has Fireplace?: No
  • Tax Legal Zoning4: MF14
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Construction Materials Brick: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Mt. Rose
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.147
  • Lot Lot Size Square Feet4: 6403.32
  • Pet Information Pets Allowed Y N: Yes
  • Owner Pays Water3: Yes
  • Tax Legal Tax Annual Amount3: 1592.84
  • Sprinklers Drip System: Yes
  • Lot Spa Y N4: No
  • Appliances Electric Oven: Yes
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 2.0
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Swope
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Reno
  • Levels Two: Yes
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Incomeand Expenses Total Actual Rent: 4050.0
  • Meter Information Number Of Separate Electric Meters: 2
  • Unit Details Number Of Units Leased: 2
  • Lot Features Xeriscape: Yes
  • Building Home Warranty Y N4: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Washer
  • Flooring: Laminate, Wood
  • Number Of Buildings: 2
  • Owner Pays: Water
  • Window Features: Double Pane Windows
  • Window Features Double Pane Windows: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1836.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Garage, Garage Door Opener
  • Parking Features Garage Door Opener: Yes
  • Parking Features Garage: Yes
  • Unit1 Garage Attached Y N: Yes
  • Unit1 Garage Spaces3: 1.0
  • Unit1 Parking Capacity Per Unit: 2.0
  • Unit2 Garage Attached Y N2: Yes
  • Unit2 Garage Spaces6: 1.0
  • Unit2 Parking Capacity Per Unit2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Water Connected, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Unit
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Internet Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011-314-03
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6403.32
  • Zoning: MF14

Rental Info

  • Tenant Pays: Trash Collection, Telephone, Snow Removal, Common Area Maintenance

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2
  • Total Actual Rent: 4050.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 1592.84

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,593 $90,088 $65,625 $24,463
2024 $1,593 $90,343 $65,625 $24,718
2023 $1,476 $87,016 $65,625 $21,391
2022 $1,369 $68,260 $50,155 $18,106
2021 $1,270 $56,897 $39,130 $17,767
2020 $1,195 $52,508 $35,000 $17,508
2019 $1,135 $50,112 $33,390 $16,722
2018 $1,677 $41,255 $25,200 $16,055
2017 $1,041 $40,164 $24,500 $15,664
2016 $1,015 $41,804 $26,250 $15,554
2015 $994 $31,123 $16,100 $15,023
2014 $965 $28,964 $14,700 $14,264
2013 -- $25,517 $11,900 $13,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $825,000 -- $449 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Woodburn And Wedge
Bargain Sale Deed -- Woodburn And Wedge
Bargain Sale Deed $685,000 First American Title Reno
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $289,000 None Available
Bargain Sale Deed -- None Available
Trustee Deed $197,000 None Available
Joint Tenancy Deed -- Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $513,750 New Conventional
Previous Owner $231,200 New Conventional
Previous Owner $33,000 Stand Alone Second
Previous Owner $245,700 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250050327

Northern Nevada Regional MLS

APN: 011-314-03