$787,500
SOLD MAY 15, 2025
-- Bed
-- Bath
2,592 Sq Ft
0.97 Acres

Recently Sold

$304 Per Sq Ft

5% Below List Price

171 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Double Pane Windows
  • Marce Herz Middle School Rated A-
  • Fireplace
  • Refrigerated Cooling System

About This Home

As of May 2025

This is a terrific opportunity to own a triplex of income units in Washoe Valley. All 3 units have 2 bedrooms & 1 bath, laundry area, wood-burning fireplaces, a pantry/storage room, back patios and separate storage sheds. There is a variety of laminate, carpet and tile flooring. All units include refrigerators, washers & dryers, dishwashers, microwaves and ovens. Separately metered and air conditioned. This property is nearly an acre of low-maintenance peacefulness, and it's zoned for horses, too!, All the units have nice window blinds, ceiling fans, granite counters in the bathrooms, tile tub surrounds, etc. Washer and dryer areas in the bathrooms of each. There is a storage shed for each unit, about 8' x 10'. Lots of room for extra parking, too. This property is zoned for horses, and there is room for corrals, as well as extra water and power out front for them. These units are in high-demand when they turn-over, so vacancy will be low. Carpet, power outlets, doors and lighting have been updated as units turned over, so they all look very nice. The tenants are all really great, and would love to stay. Lots of big trees and shade all around. Automatic sprinkler and drip systems. There are great valley views from the side patio and yard. This property is on one well. It has a large holding tank in an outbuilding that feeds the 3 units. The owners pay for the well power separately, and that ranges between $10-20 per month. Tenants pay gas, power and internet separately. Spectrum internet is available for high-speed connections! No sewer cost, as it does have a septic system. This is a very affordable property to maintain. Call agent for questions or tours!

Last Agent to Sell the Property

Keith Andrews

RE/MAX Prime Properties License #S.183481 Listed on: 10/11/2024

Last Buyer's Agent

Chante Hargrove

RE/MAX Professionals-Reno License #S.74753

RE/MAX Professionals-Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1979

Lot Details

  • 0.97 Acre Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 9 Parking Spaces
  • Carport
  • Common or Shared Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Pleasant Valley Elementary School
  • Marce Herz Middle School
  • Galena High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • 3 Units
  • Net Operating Income $48,000

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 05025103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Type: Residential Income
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear, Other
  • Lot Size Acres: 0.97
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 630014476-o
  • Co List Office Phone: 775-470-8900
  • Directions: Eastlake
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Tax Legal Zoning4: LDS
  • Building Stories5: 1
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Sewer Septic Tank: Yes
  • Sprinklers Automatic: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Pleasant Valley
  • Tax Legal High School2: Galena
  • Lot Lot Size Acres4: 0.97
  • Lot Lot Size Square Feet4: 42253.2
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 2135.63
  • Sprinklers Drip System: Yes
  • Incomeand Expenses Net Operating Income: 48000.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Marce Herz
  • Other Structures Shed(s): Yes
  • Other Structures Storage4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies
  • Number Of Buildings: 1
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Laminate: Yes
  • Interior Fireplace Y N3: Yes
  • Interior Building Area Total3: 2592.0
  • Laundry Features Washer Hookup: Yes
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio, Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport, Common, RV Access/Parking
  • Total Parking Spaces: 9.0
  • Parking Features R V Access Parking: Yes
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 9.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Private, Well
  • Laundry Features: In Unit, Washer Hookup
  • Cooling: Central Air, Refrigerated
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Heating Fireplace(s): Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 05025103
  • Fencing: Partial
  • Lot Size Sq Ft: 42253.2
  • Zoning: LDS

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 4500.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2135.63

MLS Schools

  • Elementary School: Pleasant Valley
  • HighSchool: Galena

Range of Values:

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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
05/15/2025 05/15/25 Sold $787,500 -4.5% $304 / Sq Ft
03/31/2025 03/31/25 For Sale $824,900 0.0% $318 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
11/14/2024 11/14/24 Price Changed $824,900 -2.9% $318 / Sq Ft
10/10/2024 10/10/24 For Sale $849,900 -- $328 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240013055

Northern Nevada Regional MLS