Marissa Phillips
Dickson Realty - Damonte Ranch
(775) 451-2846
151 Total Sales
1 in Northeast Reno
$310,000 Price
2285 Patton Dr Reno, NV 89512
Northeast Reno Neighborhood
8
Beds
--
Baths
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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Reno, NV
-
Marissa Phillips
-
Tim Lambdin
Tim Lambdin
NextHome Yourpickettfence Group
(775) 204-6744
86 Total Sales
1 in Northeast Reno
$145,000 Price
-
The Rasner Team
The Rasner Team
Reno/Tahoe Realty Group, LLC
(775) 204-7136
70 Total Sales
2 in Northeast Reno
$157K - $319K Price Range
-
Sierra Sheppard
Sierra Sheppard
Chase International Carson Cit
(775) 546-0429
37 Total Sales
2 in Northeast Reno
$248K - $249K Price Range
-
Sandra Gabrielli
Sandra Gabrielli
RE/MAX Professionals-Sparks
(775) 204-4035
177 Total Sales
2 in Northeast Reno
$145K - $175K Price Range
-
Debbie Logan
Debbie Logan
Equity Nevada RE-Excellence
(775) 227-4446
48 Total Sales
2 in Northeast Reno
$247K - $435K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $640,000 | First Centennial Title | ||
| Golden State Homes Llc | $400,000 | First American Title | |
| Narayan Jai Parkash | $362,500 | Reliant Title | |
| Hirschy Jeannette E | $265,000 | Reliant Title | |
| Hirschy Jeanette E | -- | Reliable Title | |
| Rodgers Theresa A | -- | Attorney Only | |
| Chavez Jake L | -- | -- | |
| Chavez Jake L | $180,000 | Stewart Title Northern Nevad | |
| Yacuk Peter J | -- | First American Title | |
| Hud | -- | First American Title | |
| Mortgage Electronic Registration Systems | $117,752 | First American Title | |
| Stanisic Shandell Mia | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $480,000 | ||
| Previous Owner | Golden State Homes Llc | $262,500 | |
| Previous Owner | Narayan Jai Parkash | $257,250 | |
| Previous Owner | Hirschy Jeannette E | $198,750 | |
| Previous Owner | Chavez Jake L | $125,000 | |
| Previous Owner | Yacuk Peter J | $126,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2025
Kylie Keenan
Dickson Realty
(775) 846-9726
2 in this area
210 Total Sales
-
NA
Buyer's Agent in 2025
Non MLS Agent
Non MLS Office
Map
Source: Northern Nevada Regional MLS
MLS Number: 250002432
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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