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Off market
  • $688,600

    1114 The Strand, Reno, NV 89503

    5beds
    0baths
    2,388sqft
    MultiFamily
    Built in 1939
    -- sqft lot
    $688,600 Zestimate®
    $288/sqft
    $1,893 Estimated rent

    Home value

    $688,600

    $640,000 - $744,000

    $1,893/mo

    Zestimate® history
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    What's special

    Turnkey 5-unit property near UNR that's completely remodeled with 2 full bathrooms, a common kitchen and living room areas including furnishings, an additional kitchenette downstairs with refrigerator, and common laundry area with washer and dryer. Lots of improvements and upgrades including newer furnace, air conditioned, rebuilt water heater, additional parking developed, additional access to downstairs bedrooms, and custom storm window inserts installed for better insulation. Great cash flow possible. Fantastic opportunity for safe compliant units near UNR! Property meticulously maintained. Leasing for $900 per month for each of 4 units and $850 for one who looks after the property ($4450 total per month). All utilities except cable are paid by owner. To be sold As-Is with no repairs. Seller is providing the Sellers Real Property Disclosure and, RE/MAX Disclosure. See additional information on leases and upgrades in Documents Tab. Drive-by only. Do not bother tenants or attempt to enter property. Subject to visual inspection after offer is accepted. Seller may consider exceptions for private showings and is open to paying down loan points on Buyers behalf.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: cabinets, Laundry Sink, Shelves
    Features
    • Bonus Room, Rec Room, Office-Den(not incl bdrm), Study-Library
    • Flooring: Tile, Carpet, Concrete, Hardwood
    • Windows: Double Pane Windows, Storm Window(s), Drapes, Metal Frame
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: One, Fireplace, yes
    Interior area
    • Total interior livable area: 2,388 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Patio & porch: Deck, Patio, Yes, Uncovered
    • Exterior features: Other, Brick
    • Fencing: Full, Back Yard, Front Yard
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 6,098 sqft
    • Features: Fully Landscaped
    • Topography: Level
    Details
    • Additional structures: Storage Shed
    • Parcel number: 00711514
    • Zoning: Mf14
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Connected, Electricity Connected, Phone Connected, Cable Connected, Water Connected, Internet Available, Water Meter Installed, Cellular Coverage Avail
    Green energy
    • Energy efficient items: Double Pane Windows

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Reno

    Other

    Other facts
    • Flooring: Wood, Carpet, Ceramic Tile, Concrete
    • ViewYN: true
    • Sewer: Public Sewer
    • Heating: Forced Air, Natural Gas, Fireplace(s)
    • Topography: Level
    • FireplaceYN: true
    • ExteriorFeatures: Deck, None - NA
    • Utilities: Natural Gas Connected, Electricity Connected, Phone Connected, Cable Connected, Water Connected, Internet Available, Water Meter Installed, Cellular Coverage Avail
    • PatioAndPorchFeatures: Deck, Patio, Yes, Uncovered
    • OtherStructures: Storage Shed
    • FireplaceFeatures: One, Fireplace, yes
    • RoomsTotal: 3
    • ConstructionMaterials: Other, Brick
    • WindowFeatures: Double Pane Windows, Storm Window(s), Drapes, Metal Frame
    • ElectricOnPropertyYN: True
    • SpecialListingConditions: Standard
    • Cooling: Central Air
    • Appliances: Dryer, Washer, Refrigerator in Kitchen, Gas Range - Oven, Refrigerator in Other rm
    • Roof: Pitched, Composition - Shingle
    • SecurityFeatures: Smoke Detector(s)
    • Fencing: Full, Back Yard, Front Yard
    • View: Mountain(s), Peek View
    • RoomKitchenFeatures: Pantry, Breakfast Bar, Garbage Disposal, Built-In Dishwasher, Microwave Built-In, Single Oven Built-in
    • RoomMasterBedroomFeatures: Walk-In Closet(s)
    • RoadResponsibility: Public Maintained Road
    • InteriorFeatures: Bonus Room, Rec Room, Office-Den(not incl bdrm), Study-Library
    • FoundationDetails: Concrete Slab
    • RoomMasterBathroomFeatures: Shower Stall
    • LaundryFeatures: cabinets, Laundry Sink, Shelves
    • Zoning: Mf14
    • GreenEnergyEfficient: Double Pane Windows
    • LotFeatures: Fully Landscaped
    • RoomDiningRoomFeatures: Separate/Formal
    • RoomFamilyRoomFeatures: Firplce-Woodstove-Pellet, Living Rm Combo
    • RoomLivingRoomFeatures: Fireplce/Woodstove/Pellet, Family Rm Combo
    • AssociationAmenities: Addl Parking
    • MlsStatus: Active/Pending-Call
    • AvailabilityDate: 2020-05-20
    • Available date: 05/20/2020

    Price history

    DateEventPrice
    8/13/2022Listing removed--
    Source: RE/MAX International
    6/20/2022Price change$799,000-3.6%$335/sqft
    Source: NNRMLS #220005890
    5/21/2022Price change$829,000-2.4%$347/sqft
    Source: NNRMLS #220005890
    4/9/2022Listed for sale$849,000+69.8%$356/sqft
    Source: NNRMLS #220004512
    7/24/2020Sold$500,000+1%$209/sqft
    Source: NNRMLS #200006386

    Public tax history

    YearProperty taxesTax assessment
    2025$1,514 +8%$74,859 +0.9%
    2024$1,402 +8.1%$74,160 +5.4%
    2023$1,297 +3%$70,364 +24.8%

    Find assessor info on the county website

    Neighborhood: Old Northwest - West University

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Peavine
    • Middle: Clayton
    • High: Reno

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $688,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $688,600