NOT LISTED FOR SALE

Estimated Value: $520,000 - $725,000

4 Beds
2 Baths
2,240 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $590,000 $263 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,604/month

33 Days on Market

Highlights

  • Fireplace
  • Double Pane Windows
  • Ceramic Tile Flooring
  • Reno High School Rated A
  • Patio
  • Drip System Landscaping

About This Home

As of February 2023

Meticulously maintained duplex (two 2 bed/1 bath units) just 4 blocks from the UNR campus. Recently renovated, totally turnkey, and ready for new owners / tenants. Occupy with tenants of your choice at market rents (historically high in the area) for optimal cashflow or move your student into one unit and rent the other to offset expenses. Excellent rental property that will ALWAYS be in high demand due to the close proximity to the University. Separate spacious fenced yards for each unit. Easy to show!!

Last Listed By

Chris McCain

DL Realty License #S.183923 Listed on: 11/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Property is Fully Fenced
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector
  • Oven or Range
  • Finished Basement

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Elmcast Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Water Meter
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 00711305

Community Details

Overview

  • 2 Units
  • Unr Duplex Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $35,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: The two units are individually metered for gas & electricity and have separate water heaters and separate heating systems. Tenants pay gas & electricity, property owner pays water, sewer, & trash. 1 block from Reno Fire Department station (insurance companies love this). Agents - see private remarks for showing instructions.
  • Lvt Date: 11/14/2022
  • Year Built: 1925
  • Access Type: Public
  • Xstreet Directions: Corner of Codel Way & W 11th St.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Water Heater: Electric
  • Flooring: Ceramic Tile, Laminate, Varies by Unit
  • Price Per Sq Ft: 263.39
  • Sold Price Per Sq Ft: 263.39
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 2240

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Brick
  • Fenced: Full
  • Foundation: Basement/Finished
  • Landscaped: Fully Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 2 Story

Utilities

  • Sprinklers: Automatic, Drip-Full, Full Sprinklers
  • Heating Cooling: Baseboard, Electric, Natural Gas, Fireplace, Forced Air, Varies by Unit
  • Internet: Yes
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Varies by Unit, Internet Available, Cellular Coverage Avail
  • Facility Features: Landlord Pays Utilities, Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Water Heaters, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Common

Condo/Co-op/Association

  • Complex Name: UNR Duplex

Schools

  • Elementary School: Elmcast
  • Middle School: Clayton
  • High School: Reno

Lot Info

  • Acreage: 0.15
  • Parcel Number: 00711305
  • Zoning Actual: MF14

Green Features

  • Green Features: Double Pane Windows

Tax Info

  • Taxes Dollar: 1126

Multi Family

  • Annual Expenses: 6896
  • APOD Available: Yes
  • Gross Scheduled Income: 42000
  • Number Units: 2
  • Unit Features: Blinds/Shades, Drapes/Curtains, Patio/Deck, Smoke Detector, Varies Per Unit

MLS Schools

  • Elementary School: Elmcast
  • HighSchool: Reno
  • Middle School: Clayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 19, 2023
Sold by
Mcguire Family Trust
Bought by
Mazur Stephen J and Mazur Cheryl A
Seller's Agent
Chris McCain
DL Realty
Buyer's Agent
Brenda Novak-Allen
RE/MAX Gold-Midtown
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%
Total Days on Market
33
Views
34
Current Estimated Value
$628,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,396
Avg. Annual Appreciation
2.93%
Original Mortgage
$430,000
Outstanding Balance
$418,836
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$209,560

Purchase Details

Closed on
Feb 3, 2022
Sold by
Irish Green Lands Llc
Bought by
Mcguire Family Trust

Purchase Details

Closed on
Nov 18, 2009
Sold by
Mcguire Neil Kenneth and Mcguire Teresa Rawlins
Bought by
Irish Green Lands Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Rovira Brian A and Tinker Rovira P
Bought by
Mcguire Neil K and Mcguire Teresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.98%

Purchase Details

Closed on
Oct 22, 1993
Sold by
Rovira Brian A and Tinker Rovira P
Bought by
Rovira Brian A and Tinker Rovira P

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mazur Stephen J $590,000 First American Title
Mcguire Family Trust -- None Listed On Document
Irish Green Lands Llc -- None Available
Mcguire Neil Kenneth -- None Available
Mcguire Neil K $135,000 Stewart Title Northern Nevad
Rovira Brian A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazur Stephen J $430,000
Previous Owner Mcguire Neil K $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $590,000 -6.2% $263 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $629,000 0.0% $281 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $629,000 -- $281 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

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 $1,438 $78,235 $52,710 $25,525
2024 $1,438 $77,250 $51,450 $25,800
2023 $1,335 $74,363 $51,450 $22,913
2022 $1,126 $61,709 $45,500 $16,209
2021 $1,086 $51,984 $36,400 $15,584
2020 $1,053 $50,559 $35,000 $15,559
2019 $1,022 $43,710 $28,700 $15,010
2018 $993 $34,391 $19,950 $14,441
2017 $964 $32,341 $18,025 $14,316
2016 $940 $29,797 $15,820 $13,977
2015 $938 $27,906 $14,000 $13,906
2014 $913 $24,707 $11,550 $13,157
2013 -- $24,250 $11,550 $12,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Reno, NV

  • 785 Aitken St, Reno, NV 89502

    $665,000

    • 4 Beds
    • 2 Baths
    • 1,921 Sq Ft
    • 785 Aitken St
    • Reno, NV

    Both units were remodeled in 2010 including roofs and have been updated and maintained constantly by the Owners. Unit one on 785 Aitken is charming 928SF with stucco exterior, new fences and gates, shade trees, raised flower beds and DG xeriscape front yard with drip system. The main living area is open to the kitchen in an open concept with beautiful wood vinyl flooring, Bali wood blinds and

    Jason Norris Solid Source Realty

    Section Image
  • 1180 Arnold Dr, Reno, NV 89512

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 1180 Arnold Dr
    • Reno, NV

    Centrally located Reno Duplex, each 2 bedrooms, 1 bath, attached 1 car garage and fully fenced front and back yard. One unit has swamp cooler and the other window units. Currently renting at $1250 and $1300 per month.Current leases for both units end April, 2025 so increased rent opportunity possible. Drive by only, please do not disturb tenants. Call listing agent to schedule showing with at

    Robert Sweifach Reno Country Properties

    Section Image
  • 1372 & 1370 E 11th St, Reno, NV 89512

    $545,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 1372 & 1370 E 11th St
    • Reno, NV

    Brick duplex featuring hardwood floors, with each unit offering 2 bedrooms, 1 bathroom, and a fenced yard. Both units are tenant-occupied with long-term tenants on month-to-month leases. Current rents are below market, presenting an opportunity for increased rental income. The property includes both on-street and off-street parking and is conveniently located near the Washoe County Facility,

    Nanette Fink-Eaton Real Estate in Nevada

    Section Image
  • 760 Balzar Cir, Reno, NV 89502

    $595,000

    • 3 Beds
    • 2 Baths
    • 1,305 Sq Ft
    • 760 Balzar Cir
    • Reno, NV

    Welcome to an exceptional investment opportunity in the heart of Midtown Reno. This versatile duplex sits on a generous, highly desirable corner lot, offering ample space and endless potential. Ideally located in one of Reno’s most dynamic neighborhoods, this property is perfectly positioned just minutes from local amenities and key community institutions. Whether you’re an investor seeking

    Henry Huang Sierra Nevada Properties-Reno

    Section Image
  • 369 Broadway Blvd, Reno, NV 89502

    $600,000

    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • 369 Broadway Blvd
    • Reno, NV

    This well-maintained brick duplex perfectly blends classic charm with modern updates. A complete remodel with all new electricity, plumbing & water. New sewer line, new dual pane windows, refinished hardwood floors throughout, new kitchen appliances, washer/dryer, flash water heaters added. All new bathrooms, completed in 2021. Situated in a prime Midtown location, the property is within walking

    Catherine Lima Engel & Völkers Reno

    Section Image
  • 2541 Orovada St, Reno, NV 89512

    $470,000

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 2541 Orovada St
    • Reno, NV

    Excellent investment opportunity in Reno! This split duplex features two 2-bed, 1-bath units—each with a fully fenced front and back yard, single-car garage, and extra parking in a shared driveway. Tenants are in place with 6-month leases, offering immediate rental income. Don't miss this chance to own a versatile property in a growing market!

    Ryan Montoya eXp Realty

    Section Image
  • 541 Colorado River Blvd, Reno, NV 89502

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,221 Sq Ft
    • 541 Colorado River Blvd
    • Reno, NV

    There was the third unit but it was required to be removed by the city because of no permits. New owner is asked to take the property in current condition. Call listing agent for information on that middle unit. Possible more units to be added. Cash only.

    Karen Walker-Hill Ferrari-Lund Real Estate Reno

    Section Image
  • 2117 Tara Ridge Trail, Reno, NV 89523

    $739,000

    • 4 Beds
    • 3 Baths
    • 2,330 Sq Ft
    • 2117 Tara Ridge Trail
    • Reno, NV

    Welcome to this immaculate home in the gated Vue, within Somerset. The four bedroom home has a number of recent upgrades starting with the front porch with pavers and then in 2024 the kitchen remodel includes new cabinets, sink counters, microwave and an induction stove; Hardwood floors and bathroom tiles throughout the home; entire home painted in 2024. Since January 2024, Seller has spent

    Valerie Flynn Coldwell Banker Select

    Section Image

Source: Northern Nevada Regional MLS

MLS Number: 220016225

Northern Nevada Regional MLS

APN: 007-113-05