$789,000
UNDER CONTRACT

Estimated payment $4,392/month

Total Views 1,319
5 Beds
6 Baths
3,576 Sq Ft
$221 Price per Sq Ft

Highlights

  • Balcony
  • Patio
  • Landscaped
  • Double Pane Windows
  • Outdoor Storage
  • Forced Air Heating System

About This Home

Well-maintained 4-plex in Carson City featuring two 2BD/1BA units and two 3BD/2BA units. The two 2BD units are single level with private front yards. One 3BD/2BA unit is ground level with a private yard, and the second is an upper-level unit with a balcony. All units are currently month-to-month, offering flexibility for rent adjustments. One unit is owner-occupied. Based on pro-forma market rents and estimated expenses the property offers an attractive 7.5 percent CAP rate. Excellent opportunity for investors seeking strong cash flow and upside potential.

Listing Agent

Miranda Vaulet

RE/MAX Professionals-Reno License #S.63604 Listed on: 03/14/2026

RE/MAX Professionals-Reno

Co-Listing Agent

Donal Minihan

RE/MAX Professionals-Reno License #S.174259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,576 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 2 Parking Spaces Included
  • Common or Shared Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Schools

  • Empire Elementary School
  • Eagle Valley Middle School
  • Carson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 008-351-11

Community Details

Overview

  • 4 Units
  • Carson City Community
  • Park Terrace Subdivision

Amenities

  • No Laundry Facilities

Building Details

  • 1 Vacant Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Vacancy Allowance $2,250
  • Net Operating Income $58,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,510

Year Built

Built in 1973

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Year Built: 1973
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Special Conditions: None
  • Subdivision Name: Park Terrace
  • Directions: Fairway Dr/N Edmonds Dr
  • Has Cooling?: No
  • Has Fireplace?: No
  • Special Information Covenants Conditions Restrictions Y N: No
  • Contract Rent Control Y N: No
  • 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 One Primary Water Meter Y N: Yes
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Carson City
  • Special Features: UnderContract

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Other Equipment: Varies by Unit
  • Owner Pays: Sewer, Water
  • Total Bedrooms: 5
  • Window Features: Vinyl Frames, Double Pane Windows
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition, Shingle
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 2.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 1.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public
  • Laundry Features: None
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Eagle Valley

Lot Info

  • Parcel Number: 008-351-11
  • Fencing: Partial
  • Lot Size Sq Ft: 10019.0
  • Zoning: MFA

Rental Info

  • Tenant Pays: Electricity, Gas, Hot Water, Trash Collection

Multi Family

  • Gross Scheduled Income: 75000.0
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number of Month to Month Units: 3
  • Number Of Units Vacant: 1
  • Income And Expenses Vacancy Allowance: 2250
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 2510.39

MLS Schools

  • Elementary School: Empire
  • HighSchool: Carson

Map

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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 $2,510 $73,289 $39,200 $34,089
2024 $2,364 $76,824 $42,000 $34,824
2023 $2,296 $72,071 $42,000 $30,071
2022 $2,229 $63,777 $34,650 $29,127
2021 $2,064 $60,873 $31,500 $29,373
2019 $1,933 $60,151 $29,276 $30,875
2018 $1,844 $57,047 $26,641 $30,406
2017 $1,791 $57,029 $26,641 $30,388
2016 $1,746 $54,365 $22,750 $31,615
2015 $1,742 $51,815 $19,005 $32,810
2014 $1,691 $47,810 $16,538 $31,272
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2026 03/14/26 For Sale $789,000 -- $221 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 260002910

Northern Nevada Regional MLS
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