$995,000

629 Sinclair St Reno, NV 89501

MidTown Neighborhood

Estimated payment $5,396/month

Total Views 3,936
-- Bed
-- Bath
2,700 Sq Ft
$369 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Wood Flooring
  • Landscaped
  • Fenced

About This Home

629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offers charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units near the highest rates in Reno. 3 of the 5 units have been renovated in recent years., With an adjustment in rental rates the property could have an address income (net monthly income) of $1,429/mo with an Annual Return (cap) of 6.69%. This assumes the market 7% for full property management. Please request a complete financial analysis of this investment. If the property was renovated the investor could possibly receive a 13% upside from the current cash flow.

Listing Agent

Trevor Richardson

Address Income License #B.1002905 Listed on: 07/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 7,013 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 5 Units
  • Gross Income $88,464

Listing and Financial Details

  • Assessor Parcel Number 011-233-07

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,706

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.161
  • Building Stories: 2
  • Year Built: 1918
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Partially Carpeted, Tile, Vinyl
  • Living Area: 2700.0

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Exterior Features: Fence, Landscaping
  • 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: Natural Gas, Baseboard, Electric, Gas, Other
  • Heating Yn: Yes

Lot Info

  • Parcel #: 011-233-07

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 88464.0

Tax Info

  • Tax Annual Amount: 1706.0

Map

Range of Values:

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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 $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

Property History

Date Event Price Change Sq Ft Price
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: Incline Village REALTORS®

Purchase History

Date Type Sale Price Title Company
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
Open $460,000 New Conventional
Closed $231,177 Unknown
Closed $45,000 Unknown
Closed $202,500 Unknown
Closed $135,000 Unknown
Closed $20,000 Unknown
Closed $0 Unknown
Previous Owner $200,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $224,500 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Source: Incline Village REALTORS®

MLS Number: 1018369

Incline Village REALTORS®

APN: 011-233-07

Nevada Washoe County Reno 89501 MidTown

629 Sinclair St, Reno, NV

This home is located at 629 Sinclair St, Reno, NV 89501 and is currently priced at $995,000, approximately $368 per square foot. This property was built in 1918. 629 Sinclair St 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.

Incline Village REALTORS® 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.

Nearby Homes
Listing Agent
Trevor Richardson
Section Image
Address Income
(775) 233-0754