Seller's Agent in 2025
Kylie Keenan
Dickson Realty
(775) 846-9726
2 in this area
213 Total Sales
2285 Patton Dr Reno, NV 89512
Northeast Reno Neighborhood
--
Bed
--
Bath
3,432
Sq Ft
7,405
Sq Ft Lot
About This Home
As of May 2025Turnkey 4-Plex Investment Opportunity – 6% CAP Rate! Don’t miss this renovated 4-plex, featuring four 2-bed, 1-bath units, all updated in 2024. Situated in a prime central location, this property is fully leased and generating strong cash flow, offering a rare 6% CAP rate in today’s market., The concrete block exterior ensures low-maintenance durability, while ample front and street parking adds convenience for tenants. Additionally, a detached laundry facility—currently not in operation—presents an opportunity to add even more value and amenities. This is a fantastic turnkey investment, don’t miss out on this income-producing property!
Last Agent to Sell the Property
Dickson Realty - Caughlin License #S.179311 Listed on: 02/27/2025
Last Buyer's Agent
Non MLS Agent
Non MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,714
Year Built
- Built in 1963
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Flat Roof Shape
- Brick or Stone Mason
- Slab Foundation
- Masonry
Interior Spaces
- 3,432 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Kitchen
- Oven
- Gas Range
Laundry
- Laundry in unit
- Washer Hookup
Parking
- 6 Parking Spaces
- Common or Shared Parking
Schools
- Cannan Elementary School
- Traner Middle School
- Hug High School
Utilities
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Electric Water Heater
- Phone Available
Community Details
- 4 Units
- Net Operating Income $52,930
Listing and Financial Details
- Assessor Parcel Number 00409306
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $640,000 | -8.4% | $186 / Sq Ft |
| 02/27/2025 02/27/25 | For Sale | $699,000 | -- | $204 / Sq Ft |
Source: Northern Nevada Regional MLS
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 | $1,382 | $92,478 | $57,750 | $34,728 |
| 2025 | $1,714 | $89,152 | $54,740 | $34,412 |
| 2024 | $1,714 | $88,837 | $54,250 | $34,587 |
| 2023 | $1,817 | $79,152 | $49,000 | $30,152 |
| 2022 | $1,472 | $66,645 | $41,825 | $24,820 |
| 2021 | $1,363 | $60,162 | $35,420 | $24,742 |
| 2020 | $1,288 | $59,775 | $35,000 | $24,775 |
| 2019 | $2,461 | $58,289 | $35,000 | $23,289 |
| 2018 | $1,164 | $44,140 | $21,350 | $22,790 |
| 2017 | $1,131 | $42,890 | $20,300 | $22,590 |
| 2016 | $1,098 | $42,643 | $20,300 | $22,343 |
| 2015 | $554 | $36,910 | $14,700 | $22,210 |
| 2014 | $1,063 | $33,429 | $11,900 | $21,529 |
| 2013 | -- | $28,236 | $7,700 | $20,536 |
Source: Public Records
Agents Affiliated with this Home
-
Kylie Keenan
-
N
Buyer's Agent in 2025
Non MLS Agent
Non MLS Office
Map
Source: Northern Nevada Regional MLS
MLS Number: 250002432
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