Seller's Agent in 2025
Trevor Richardson
Address Income
(775) 413-9874
16 in this area
59 Total Sales
629 Sinclair St Reno, NV 89501
MidTown Neighborhood
--
Bed
--
Bath
2,700
Sq Ft
7,013
Sq Ft Lot
Highlights
- Wood Flooring
- Cooling Available
- Wood Siding
- Double Pane Windows
- Baseboard Heating
About This Home
As of November 2025629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offer charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units at the highest rates in Reno. Three of the five units have been renovated in recent years. With an adjustment in rental rates, the property could have an address income net monthly income of 5,323 dollars per mo with an Annual Return cap of 6.42 percent. This assumes the market is 7 percent for full property management. Please request a complete financial analysis of this investment. If the property were renovated, the investor could possibly receive a 13 percent upside from the current cash flow.
Last Agent to Sell the Property
Address Income License #B.1002905 Listed on: 02/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,707
Year Built
- Built in 1918
Lot Details
- 7,013 Sq Ft Lot
- Back Yard Fenced
Home Design
- Quadruplex
- Stone Foundation
- Slab Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
- Stick Built Home
- Stucco
- Stone
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Alley Access
- Assigned Parking
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Wall Furnace
- Baseboard Heating
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Central Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for all utilities
- Assessor Parcel Number 011-233-07
Community Details
Overview
- 3 Buildings
- 4 Units
- Reno Community
- New Southside Addition Subdivision
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Net Operating Income $59,528
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Nov 5, 2025
Sold by
Abc Investors Group Inc
Bought by
Mbld Holdings Llc
Seller's Agent
Trevor Richardson
Address Income
Buyer's Agent
Tiffany Grimes
RE/MAX Gold-Incline Village
List Price
$1,095,000
Sold Price
$975,000
Premium/Discount to List
-$120,000
-10.96%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.67%
Purchase Details
Closed on
Dec 29, 2011
Sold by
Rinaldi Louis V and Rinaldi Margaret I
Bought by
Abc Investors Group Inc
Purchase Details
Closed on
Mar 15, 2010
Sold by
Rinaldi Louis V
Bought by
Rinaldi Louis V and Rinaldi Margaret I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.94%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $975,000 | First Centennial Title | |
| Bargain Sale Deed | $170,000 | First Centennial Reno | |
| Interfamily Deed Transfer | -- | Western Title Inc Ridge |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $975,000 | -2.0% | $361 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $995,000 | -7.4% | $369 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $1,075,000 | -1.8% | $398 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $1,095,000 | -- | $406 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $1,363 | $103,797 | $70,000 | $33,797 |
| 2025 | $1,707 | $98,169 | $64,750 | $33,419 |
| 2024 | $1,707 | $96,496 | $63,000 | $33,496 |
| 2023 | $1,582 | $95,782 | $65,835 | $29,947 |
| 2022 | $1,471 | $76,497 | $51,625 | $24,872 |
| 2021 | $1,365 | $64,375 | $40,250 | $24,125 |
| 2020 | $1,290 | $59,691 | $35,840 | $23,851 |
| 2019 | $2,466 | $56,634 | $34,230 | $22,404 |
| 2018 | $1,165 | $45,981 | $24,500 | $21,481 |
| 2017 | $1,118 | $45,536 | $24,500 | $21,036 |
| 2016 | $1,097 | $42,420 | $21,700 | $20,720 |
| 2015 | $557 | $39,642 | $18,900 | $20,742 |
| 2014 | $1,027 | $31,552 | $12,880 | $18,672 |
| 2013 | -- | $28,163 | $10,220 | $17,943 |
Source: Public Records
Agents Affiliated with this Home
-
Trevor Richardson
-
Andrew Johnson
Seller Co-Listing Agent in 2025
Andrew Johnson
eXp Realty, LLC
(775) 409-5611
1 in this area
40 Total Sales
-
Tiffany Grimes
Buyer's Agent in 2025
Tiffany Grimes
RE/MAX
(916) 801-3044
1 in this area
59 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 250001710
APN: 011-233-07
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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.
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