$940,000

Estimated payment $5,338/month

Total Views 10,064
-- Bed
-- Bath
3,720 Sq Ft
$253 Price per Sq Ft

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple—ask us for it.

Listing Agent

Trevor Richardson

Address Income License #B.1002905 Listed on: 08/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Pitched Roof
  • Shingle Roof
  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Fire and Smoke Detector

Flooring

  • Partially Carpeted
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Gross Income $75,660

Listing and Financial Details

  • Assessor Parcel Number 010-351-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,963

Year Built

Built in 1994 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Living Area: 3720.0

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Landscaping, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Pitched, Shingle, Wood

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Wall/Window Unit(s), 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 010-351-32

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 75660.0

Tax Info

  • Tax Annual Amount: 3963.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/22/2025 08/22/25 For Sale $940,000 +24.5% $253 / Sq Ft
05/17/2023 05/17/23 Sold $755,000 +0.7% $203 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $750,000 -- $202 / Sq Ft
Source: Incline Village REALTORS®

Source: Incline Village REALTORS®

MLS Number: 1018423

Incline Village REALTORS®

APN: 010-351-32