$725,000

Estimated payment $3,901/month

Total Views 17,312
4 Beds
3 Baths
1,103 Sq Ft
$657 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Deck
  • Wood Flooring
  • RV Access or Parking
  • Vaulted Ceiling
  • 3-minute walk to Dick Taylor Memorial Park

About This Home

Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.

Listing Agent

Angela Beard

RE/MAX Gold License #S.48237 Listed on: 04/06/2026

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1948

Lot Details

  • 8,451 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Shake Siding
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 1,103 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Blinds

Kitchen

  • Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Attached Garage
  • 2 Parking Spaces Included
  • Common or Shared Parking
  • RV Access or Parking

Schools

  • Lemelson Stem Academy Elementary School
  • Traner Middle School
  • Hug High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Mini Split Heat Pump
  • Master Meter
  • Electric Water Heater
  • Internet Available

Additional Features

  • Deck
  • Additional Residence on Property

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 007-061-09

Community Details

Overview

  • 3 Units
  • Reno Community
  • University Park Subdivision

Building Details

  • 2 Leased Units
  • Trash Expense $280
  • Vacancy Allowance $1,500
  • Net Operating Income $42,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$679

Year Built

Built in 1948

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub Type: Income
  • Property Type: Residential Income
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.19
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Subdivision Name: University Park
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: SF8
  • Building Stories5: 1
  • Fencing Back Yard: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Automatic: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Lemelson Stem Academy
  • Tax Legal High School2: Hug
  • Lot Lot Size Acres4: 0.194
  • Lot Lot Size Square Feet4: 8451.0
  • Appliances Electric Range: Yes
  • Appliances Oven: Yes
  • Tax Legal Tax Annual Amount3: 678.84
  • Lot Spa Y N4: No
  • Incomeand Expenses Net Operating Income: 42440.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 3.0
  • Meter Information Separate Meters Y N: No
  • Meter Information One Primary Electric Meter Y N: Yes
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Traner
  • Other Structures Second Residence: Yes
  • Building Accessibility Features Y N5: No
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Security Features Carbon Monoxide Detector(s): Yes
  • Incomeand Expenses Total Actual Rent: 50400.0
  • Incomeand Expenses Trash Expense: 280.0
  • Outdoor Living Spaces Features Uncovered Deck: Yes
  • Unit Details Number Of Units Leased: 2
  • Cooling Mini Split(s): Yes
  • Typeof Construction Site Stick- Built2: Yes
  • Construction Materials Hardi Plank Type: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Concrete, Varies, Wood
  • Number Of Buildings: 1
  • Owner Pays: All Utilities
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Flooring Wood: Yes
  • Window Features Low- Emissivity Windows: Yes
  • Flooring Concrete3: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1103.0
  • Laundry Features In Unit: Yes
  • Interior Features Vaulted Ceiling(s): Yes
  • Unit1 Furnished3: Partially
  • Unit2 Furnished6: Partially
  • Unit3 Furnished7: Furnished

Exterior Features

  • Exterior Features: RV Hookup
  • Roof: Composition, Shingle
  • Stories: 1
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: HardiPlank Type, Shake Siding
  • Foundation Details: Slab
  • Other Structures: Second Residence
  • Patio And Porch Features: Deck
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Exterior Features R V Hookup: Yes
  • Lot Pool Private Y N4: No
  • Construction Materials Shake Siding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Common, RV Access/Parking
  • Total Parking Spaces: 6.0
  • Parking Features R V Access Parking: Yes
  • Parking Information Parking Total4: 6.0
  • Parking Features Common: Yes
  • Unit1 Garage Attached Y N: Yes
  • Unit1 Parking Capacity Per Unit: 2.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 2.0
  • Unit3 Garage Attached Y N3: No
  • Unit3 Parking Capacity Per Unit3: 2.0

Utilities

  • Utilities: Electricity Connected, Internet Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: In Unit, Varies By Unit
  • Cooling: Central Air, Varies By Unit
  • Heating: Forced Air, Heat Pump, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Heating Heat Pump2: Yes
  • Owner Pays All Utilities: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Internet Connected: Yes
  • Heating Mini Split(s)2: Yes

Fee Information

  • Trash Expense: 280.0

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 007-061-09
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8451.0
  • Zoning: SF8

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Scheduled Income: 50400.0
  • Number Of Units Total: 3
  • Number Of Units Furnished: All Units
  • Number Of Units Leased: 2
  • Total Actual Rent: 50400.0
  • Income And Expenses Vacancy Allowance: 1500
  • Income And Expenses Vacancy Allowance: 1500

Tax Info

  • Tax Annual Amount: 678.84

MLS Schools

  • Elementary School: Lemelson Stem Academy
  • HighSchool: Hug

Map

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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
2026 -- $43,961 $30,660 $13,301
2025 $589 $43,578 $30,310 $13,269
2024 $589 $40,361 $28,455 $11,906
2023 $548 $41,790 $30,765 $11,025
2022 $2,585 $33,147 $24,150 $8,997
2021 $520 $24,717 $15,960 $8,757
2020 $487 $23,534 $14,945 $8,589
2019 $466 $23,290 $15,155 $8,135
2018 $441 $18,045 $10,255 $7,790
2017 $425 $15,824 $8,365 $7,459
2016 $416 $14,769 $7,280 $7,489
2015 $414 $12,969 $5,635 $7,334
2014 $401 $11,284 $4,375 $6,909
2013 -- $10,367 $3,605 $6,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2026 04/06/26 For Sale $725,000 +153.9% $657 / Sq Ft
08/03/2023 08/03/23 Sold $285,500 -4.8% $345 / Sq Ft View Prior Sale
06/23/2023 06/23/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $300,000 -- $362 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $285,500 First American Title
Bargain Sale Deed -- Johnson Law Practice Pllc
Quit Claim Deed $52,500 None Available
Bargain Sale Deed $110,000 Western Title Inc
Grant Deed $83,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,900 No Value Available
Previous Owner $82,669 FHA
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 260003996

Northern Nevada Regional MLS

APN: 007-061-09

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