$622,000
SOLD AUG 16, 2024

1111 Strand Place Unit A, B, C Reno, NV 89503

West University Neighborhood
-- Bed
-- Bath
2,241 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Landscaped
  • Reno High School Rated A
  • Patio
  • Forced Air Heating System

About This Home

As of August 2024

This triplex offers a great investment opportunity, featuring three unique units, each designed for comfort and convenience. Recently upgraded with a brand-new 30-year roof, this property is located a couple block from UNR! Unit C: A cozy 2-bedroom, 1-bath unit that boasts a blend of modern laminate flooring and plush carpet. The spacious layout is perfect for small families or roommates, providing ample living space and comfort. Unit A: This charming 1-bedroom, 1-bath unit is very spacious and features, Unit A (cont.): new laminate flooring in the main living area and carpet in the bedroom. Unit B: A spacious studio with a full kitchen and 1 bathroom, perfect for individuals seeking a blend of convenience and efficiency. The new heat pump ensures a comfortable climate year-round, providing warmth in the winter and cool air in the summer. There is plenty of room for both a living room and bedroom set up. Each unit in this triplex is thoughtfully designed to cater to diverse living needs, making it an excellent investment opportunity or a perfect home for multi-generational living. Don't miss out on this unique property with versatile living options!

Last Agent to Sell the Property

Brenda Aucutt

RE/MAX Professionals-Sparks License #S.66743.LLC Listed on: 06/26/2024

RE/MAX Professionals-Sparks

Last Buyer's Agent

Lauren Addi

Dickson Realty - Damonte Ranch License #S.198603

Dickson Realty - Damonte Ranch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • 3 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,241 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Net Operating Income $39,501

Listing and Financial Details

  • Assessor Parcel Number 00711211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,496

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Type: Residential Income
  • Road Frontage Type: Public
  • Co List Office Mls Id: 2096-o
  • Co List Office Phone: 775-446-7200
  • Directions: Sierra, 11th, R Codel, R Strand
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Number Of Buildings: 1
  • Other Equipment: Varies By Unit
  • Window Features: Blinds, Varies

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00711211
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 6534.0
  • Zoning: MF14

Multi Family

  • Gross Scheduled Income: 44400.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1496.22

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

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

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $622,000 -2.8% $278 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $639,900 -- $286 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 240008015

Northern Nevada Regional MLS