$725,000

442 E 7th St Unit 1 & 2 Reno, NV 89512

Downtown Reno Neighborhood

Estimated payment $4,127/month

Total Views 762
-- Bed
-- Bath
1,474 Sq Ft
$492 Price per Sq Ft

Highlights

  • Loft
  • 1 Car Attached Garage
  • Refrigerated Cooling System
  • Balcony
  • Double Pane Windows
  • Courtyard

About This Home

Modern and immaculate duplex built in 2020, fully occupied, with strong rental history at an actual 5 percent cap rate. Each unit comes mostly furnished and is leased through December 2025 and February 2026 by tenants with an intention to stay, ensuring secure income for the next owner. Both units feature private balconies, solar power, and private carport parking with garage door openers. Located in a prime area close to the college and downtown, this property offers excellent future potential as either a long-term rental or Airbnb investment. A rare, turn-key opportunity in a sought-after location. This property and the neighboring house at 440 E 7th Street present the perfect portfolio opportunity! At 442 E 7th Street, you have the flexibility to expand your investment and transform the existing home also for sale at 440 E 7th St into a duplex or mirror the same concept as this duplex. An excellent option for investors looking to maximize rental income or grow their portfolio in one location.

Listing Agent

Sage Ball

LPT Realty, LLC License #S.187877 Listed on: 09/12/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 2020

Lot Details

  • 1,394 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Loft

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Smart Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Smart Thermostat
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Carport
  • 1 Parking Space Included
  • Alley Access
  • Garage Door Opener
  • Assigned Parking

Eco-Friendly Details

  • Xeriscape Landscape

Outdoor Features

  • Balcony
  • Courtyard
  • Patio

Schools

  • Booth Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter: 2
  • Electric Water Heater
  • Internet Available
  • Centralized Data Panel
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for internet, water, sewer, gas, electricity
  • Assessor Parcel Number 007-233-06

Community Details

Overview

  • 2 Units
  • Reno Community
  • Evans Northeast Addition Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Year Built: 2020
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Level
  • Lot Size Acres: 0.03
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Security Gate, Security System Owned, Smoke Detector(s)
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Subdivision Name: Evans Northeast Addition
  • Directions: Access through the alley behind the property or the gate off of E 7th St.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: MD-ID
  • Building Stories5: 2
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Security Features Security System Owned: Yes
  • Construction Materials Frame: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Wooster
  • Lot Lot Size Acres4: 0.032
  • Lot Lot Size Square Feet4: 1393.92
  • Pet Information Pets Allowed Y N: No
  • Tax Legal Tax Annual Amount3: 3572.64
  • Lot Spa Y N4: No
  • Appliances Electric Oven: Yes
  • Security Features Security Gate: Yes
  • Appliances Smart Appliance(s): Yes
  • Green Water Conservation Water- Smart Landscaping: Yes
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • 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
  • Tax Legal Middleor Junior School: Vaughn
  • Building Accessibility Features Y N5: No
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Incomeand Expenses Total Actual Rent: 3800.0
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Unit Details Number Of Units Leased: 2
  • Lot Features Xeriscape: Yes
  • Meter Information Number Of Separate Water Meters: 2
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Smart Appliance(s), Washer
  • Flooring: Carpet, Laminate
  • Number Of Buildings: 1
  • Interior Amenities: Loft, Smart Thermostat
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Low- Emissivity Windows: Yes
  • Flooring Laminate: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1474.0
  • Interior Features Smart Thermostat: Yes
  • Interior Features Loft2: Yes
  • Laundry Features In Unit: Yes
  • Unit1 Furnished3: Partially
  • Unit2 Furnished6: Partially

Exterior Features

  • Exterior Features: Balcony
  • Roof: Asphalt, Composition, Pitched
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Asphalt3: Yes
  • Exterior Features Balcony: Yes
  • Exterior Features Courtyard: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: Yes
  • Parking Features: Alley Access, Assigned, Attached, Carport, Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 2.0
  • Parking Features Assigned: Yes
  • Parking Features Alley Access: Yes
  • Unit1 Garage Attached Y N: Yes
  • Unit1 Garage Spaces3: 1.0
  • Unit1 Parking Capacity Per Unit: 1.0
  • Unit2 Garage Attached Y N2: Yes
  • Unit2 Garage Spaces6: 1.0
  • Unit2 Parking Capacity Per Unit2: 1.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Centralized Data Panel, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Utilities Centralized Data Panel: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Internet Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 007-233-06
  • Fencing: Full
  • Lot Size Sq Ft: 1393.92
  • Zoning: MD-ID

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Rental Info

  • Tenant Pays: Internet, Water, Sewer, Gas, Electricity

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: Varies By Unit
  • Number Of Units Leased: 2
  • Total Actual Rent: 3800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 3572.64

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

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

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
2025 $3,310 $108,420 $34,132 $74,288
2024 $3,310 $110,596 $34,132 $76,464
2023 $3,066 $95,852 $29,400 $66,452
2022 $2,839 $80,546 $23,380 $57,166
2021 $2,564 $75,632 $20,160 $55,472
2020 $192 $45,887 $20,160 $25,727
2019 $245 $9,772 $9,772 $0
2018 $234 $4,778 $4,778 $0
2017 $225 $8,209 $2,888 $5,321
2016 $219 $8,101 $2,765 $5,336
2015 $218 $7,197 $1,904 $5,293
2014 $212 $6,651 $1,680 $4,971
2013 -- $5,623 $742 $4,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $725,000 +14.2% $492 / Sq Ft
06/21/2023 06/21/23 Sold $635,000 +2.4% $431 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $619,950 -- $421 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $635,000 First American Title
Bargain Sale Deed $400,000 First Centennial Title 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 $574,887 FHA
Previous Owner $469,597 New Conventional
Previous Owner $392,755 FHA
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250055789

Northern Nevada Regional MLS

APN: 007-233-06

Nevada Washoe County Reno 89512 Downtown Reno

442 E 7th St Unit 1 & 2, Reno, NV

This home is located at 442 E 7th St Unit 1 & 2, Reno, NV 89512 and is currently priced at $725,000, approximately $491 per square foot. This property was built in 2020. 442 E 7th St Unit 1 & 2 is a home located in Washoe County with nearby schools including Libby C Booth Elementary School, Vaughn Middle School, and Earl Wooster High School.

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
Sage Ball
Listing Agent
Sage Ball
Section Image
LPT Realty, LLC
(775) 380-3361