$1,075,000
$194K PRICE DROP

3260 Gypsum Rd Reno, NV 89503

West University Neighborhood

Estimated payment $6,011/month

Total Views 3,464
-- Bed
-- Bath
4,608 Sq Ft
$233 Price per Sq Ft

Highlights

  • 4 Fireplaces
  • Brick or Stone Mason
  • Laundry Room
  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

Welcome to 3260 Gypsum Road, Reno, NV, a remarkable investment opportunity near UNR and Rancho San Rafael. Assumable financing available. This expansive 4-unit multi-family property boasts a total of 4,608 square feet, offering an exceptional living experience across its eight bedrooms and eight bathrooms. Each unit is thoughtfully designed to maximize space and comfort, ensuring a welcoming environment for all residents., The heart of each unit features a modern kitchen adorned with easy to clean countertops, providing both style and functionality. With laundry facilities conveniently located within the building, residents enjoy added convenience and ease of living. The property also includes ample parking, a valuable asset in this bustling area. Set on a generous 8,712 square foot lot, this property offers a blend of indoor and outdoor living spaces, allowing for a harmonious lifestyle. Whether you're looking to expand your investment portfolio or seeking a property that offers both convenience and practicality, 3260 Gypsum Road is a compelling choice. Its prime location combined with its well-appointed features makes it a standout property in the Reno area. Don't miss the opportunity to own this exceptional multi-family residence that promises both comfort and potential for excellent returns.

Listing Agent

Mark Hugret

Compass License #S.183143 Listed on: 03/27/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Landscaped

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick or Stone Mason
  • Brick Foundation
  • Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,608 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Carport
  • Tuck Under Parking
  • 1 Parking Space Included

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Mcqueen High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter: 5
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for common area maintenance
  • Assessor Parcel Number 003-273-18

Community Details

Overview

  • 4 Units
  • Reno Community
  • Reno Foothills 1 Subdivision
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Vacancy Allowance $3,840
  • Net Operating Income $54,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,383

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Other
  • Lot Size Acres: 0.3
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 2939-o
  • Co List Office Phone: 775-404-7650
  • Subdivision Name: Reno Foothills 1
  • Directions: North Virginina to Moraine Way
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Tax Legal Zoning4: MF30
  • Building Stories5: 3
  • Lot Features Landscaped: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Appliances Dishwasher: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Foundation Details Brick Mortar: Yes
  • Construction Materials Stone: Yes
  • Fireplace Features Gas4: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Elmcrest
  • Tax Legal High School2: McQueen
  • Lot Lot Size Acres4: 0.3
  • Lot Lot Size Square Feet4: 13068.0
  • Pet Information Pets Allowed Y N: Yes
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Owner Pays Common Area Maintenance: Yes
  • Tax Legal Tax Annual Amount3: 2383.0
  • Lot Spa Y N4: No
  • Incomeand Expenses Net Operating Income: 54072.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • 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: Yes
  • 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: Clayton
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Reno
  • Levels Two: Yes
  • Incomeand Expenses Total Actual Rent: 76800.0
  • Meter Information Number Of Separate Electric Meters: 5
  • Meter Information Number Of Separate Gas Meters: 5
  • Unit Details Number Of Units Leased: 3
  • Meter Information Number Of Separate Water Meters: 5
  • Unit Details Number Of Units Vacant: 1
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oven, Dishwasher, Gas Range, Microwave, Refrigerator
  • Flooring: Ceramic Tile, Varies
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Window Features: Blinds, Double Pane Windows
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Flooring Ceramic Tile: Yes
  • Cooling Wall Window Unit(s): Yes
  • Interior Fireplace Y N3: Yes
  • Interior Building Area Total3: 4608.0
  • Laundry Features Common Area2: Yes
  • Interior Fireplaces Total4: 4.0
  • Flooring Plank: Yes
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished
  • Unit3 Furnished7: Unfurnished
  • Unit4 Furnished8: Unfurnished

Exterior Features

  • Exterior Features: None
  • Roof: Flat, Membrane
  • Stories: 3
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame, Stone, Wood Siding
  • Foundation Details: Brick/Mortar, Crawl Space
  • Other Structures: None
  • Construction Materials Wood Siding: Yes
  • Roof Flat: Yes
  • Roof Membrane: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport, Under Building
  • Total Parking Spaces: 4.0
  • Parking Features Under Building: Yes
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 4.0
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 1.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 1.0
  • Unit3 Garage Attached Y N3: No
  • Unit3 Parking Capacity Per Unit3: 1.0
  • Unit4 Garage Attached Y N4: No
  • Unit4 Parking Capacity Per Unit4: 1.0

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 003-273-18
  • Fencing: None
  • Lot Size Sq Ft: 13068.0
  • Zoning: MF30

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 76800.0
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Total Actual Rent: 76800.0
  • Income And Expenses Vacancy Allowance: 3840
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Income And Expenses Vacancy Allowance: 3840

Tax Info

  • Tax Annual Amount: 2383.0

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: McQueen

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/25/2025 06/25/25 Price Changed $1,075,000 -15.3% $233 / Sq Ft
03/27/2025 03/27/25 For Sale $1,269,000 -- $275 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 250003845

Northern Nevada Regional MLS
Nevada Washoe County Reno 89503 West University

3260 Gypsum Rd, Reno, NV

This home is located at 3260 Gypsum Rd, Reno, NV 89503 and is currently priced at $1,075,000, approximately $233 per square foot. This property was built in 1964. 3260 Gypsum Rd is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

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.

Northern Nevada Regional MLS 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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes
Mark Hugret
Listing Agent
Mark Hugret
Section Image
Compass
(775) 405-6191