UNDER CONTRACT
$40K PRICE DROP
440 E 7th St Reno, NV 89512
Downtown Reno NeighborhoodEstimated payment $1,935/month
Total Views
319,311
3
Beds
2
Baths
775
Sq Ft
$465
Price per Sq Ft
Highlights
- Above Ground Spa
- Double Pane Windows
- Back and Front Yard Fenced
- No HOA
- Laundry Room
- Level Lot
About This Home
Investor special in an Opportunity Zone! Zoned MD-ID with potential for rezoning and ability to split into a duplex. Buyers and buyer's agent to verify all information. Property offers excellent upside with multiple strategies—rehab and hold, redevelop, or reposition for cash flow. Prime central location near downtown, schools, and amenities. Needs some TLC but has great bones and flexibility for an investor or developer. Don't miss this chance to secure a property with strong future potential in a growth area! Great location for University of Reno Rental.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $987
Year Built
- Built in 1950
Lot Details
- 2,178 Sq Ft Lot
- Back and Front Yard Fenced
- Level Lot
- Property is zoned MD-ID
Parking
- 2 Parking Spaces
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 775 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Drapes & Rods
- Blinds
- Crawl Space
Kitchen
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- No Cooling
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Above Ground Spa
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Reno Community
- Evans Northeast Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 007-233-07
Map
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Home Values in the Area
Average Home Value in this Area
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 | -- | $40,865 | $27,090 | $13,775 |
| 2025 | $593 | $39,575 | $25,862 | $13,713 |
| 2024 | $593 | $39,449 | $25,862 | $13,587 |
| 2023 | $550 | $37,025 | $24,507 | $12,518 |
| 2022 | $7 | $29,645 | $19,436 | $10,210 |
| 2021 | $12 | $23,132 | $13,230 | $9,902 |
| 2020 | $449 | $23,058 | $13,230 | $9,828 |
| 2019 | $423 | $20,267 | $10,994 | $9,273 |
| 2018 | $343 | $15,447 | $8,600 | $6,847 |
| 2017 | $326 | $11,931 | $5,198 | $6,733 |
| 2016 | $315 | $11,698 | $4,977 | $6,721 |
| 2015 | $315 | $10,888 | $4,284 | $6,604 |
| 2014 | $306 | $9,984 | $3,780 | $6,204 |
| 2013 | -- | $7,762 | $1,670 | $6,092 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $360,000 | -4.0% | $465 / Sq Ft | |
| 10/31/2025 10/31/25 | Price Changed | $375,000 | -6.3% | $484 / Sq Ft | |
| 09/13/2025 09/13/25 | For Sale | $400,000 | +46.0% | $516 / Sq Ft | |
| 06/26/2019 06/26/19 | Sold | $274,000 | +1.9% | $282 / Sq Ft | View Prior Sale |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- | |
| 05/23/2019 05/23/19 | For Sale | $269,000 | +169.0% | $277 / Sq Ft | |
| 05/29/2018 05/29/18 | Sold | $100,000 | 0.0% | $129 / Sq Ft | View Prior Sale |
| 05/13/2018 05/13/18 | Pending | -- | -- | -- | |
| 05/10/2018 05/10/18 | For Sale | $100,000 | -- | $129 / Sq Ft |
Source: Northern Nevada Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $274,000 | First Centennial Reno | |
| Interfamily Deed Transfer | -- | First Centennial Reno | |
| Interfamily Deed Transfer | -- | First Centennial Reno | |
| Bargain Sale Deed | $165,000 | First Centennial Reno |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,000 | VA |
Source: Public Records
About the Listing Agent
In her youth, Kristi's strong work ethic and self-belief were shaped by financial challenges. At 15, she moved out and became a workaholic, juggling multiple jobs to achieve financial stability. Managing restaurants by day and waiting tables by night, Kristi was driven to provide stability for her first child. By 23, she saved enough to buy her first home, thanks to her grandfather's help. This milestone marked the culmination of years of hard work.
Kristi's passion for helping others
Kristi's Other Listings
Source: Northern Nevada Regional MLS
MLS Number: 250055873
APN: 007-233-07
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