$899,000

Estimated payment $4,928/month

6 Beds
3 Baths
2,592 Sq Ft
$347 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Brick or Stone Mason
  • Forced Air Heating System
  • Double Pane Windows
  • Refrigerated and Evaporative Cooling System
  • Ceiling Fan

About This Home

***Seller Financing Available*** This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a **4th UNIT** and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings

Listing Agent

Bradley Wass

Coldwell Banker Select Reno License #S.191397 Listed on: 05/02/2026

Coldwell Banker Select Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1977

Lot Details

  • 7,013 Sq Ft Lot
  • Dog Run
  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Aluminum Window Frames
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 3 Parking Spaces Included
  • Alley Access

Schools

  • Veterans Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Master Meter
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 013-226-13

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Reno Community
  • Mccormick Addition Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Trash Expense $60
  • Vacancy Allowance $972
  • Net Operating Income $41,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,931

Year Built

Built in 1977

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Year Built: 1977
  • Property Sub Type: Income
  • Property Type: Residential Income
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.161
  • Is Senior Community?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 341-o
  • Co List Office Phone: 775-688-4800
  • Special Conditions: None
  • Subdivision Name: Mccormick Addition
  • Directions: 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Special Information Covenants Conditions Restrictions Y N: No
  • Contract Rent Control 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: Reno
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer, Oven
  • Flooring: Carpet, Luxury Vinyl, Linoleum
  • Number Of Buildings: 2
  • Owner Pays: Sewer, Trash Collection, Water
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Vinyl Frames, Aluminum Frames, Blinds, Drapes, Double Pane Windows, Rods
  • Unit1 Furnished3: Unfurnished

Exterior Features

  • Exterior Features: Balcony, Dog Run, Rain Gutters
  • Roof: Pitched, Asphalt
  • Construction Type: Brick, Frame, Wood Siding
  • Foundation Details: Crawl Space, Full Perimeter
  • Other Structures: None

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Detached, Garage
  • Total Parking Spaces: 8.0
  • Unit1 Garage Attached Y N: No
  • Unit1 Garage Spaces3: 1.0
  • Unit1 Parking Capacity Per Unit: 3.0
  • Unit2 Parking Capacity Per Unit2: 3.0
  • Unit3 Parking Capacity Per Unit3: 3.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer

Fee Information

  • Trash Expense: 60.0

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 013-226-13
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 7013.0
  • Zoning: MF40

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 48600.0
  • Number Of Units Total: 3
  • Number of Month to Month Units: 2
  • Total Actual Rent: 3250.0
  • Income And Expenses Vacancy Allowance: 972
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1930.98

MLS Schools

  • Elementary School: Veterans
  • HighSchool: Wooster

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
2026 $1,433 $100,196 $62,598 $37,598
2024 $1,875 $98,425 $59,500 $38,925
2023 $1,821 $97,300 $61,670 $35,630
2022 $1,772 $79,316 $48,650 $30,666
2021 $1,759 $65,542 $35,420 $30,122
2020 $1,649 $61,972 $31,395 $30,577
2019 $1,562 $59,556 $29,960 $29,596
2018 $1,512 $47,234 $18,375 $28,859
2017 $1,466 $47,299 $18,375 $28,924
2016 $1,430 $45,680 $16,275 $29,405
2015 $1,433 $43,952 $14,175 $29,777
2014 $1,393 $38,180 $9,660 $28,520
2013 -- $35,914 $7,665 $28,249
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2026 05/02/26 For Sale $899,000 -- $347 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 260005476

Northern Nevada Regional MLS

APN: 013-226-13

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