Active

Price cut: $5K (12/2)

$765,000

1170 Forest St, Reno, NV 89509

--beds

0baths

2,239sqft

Est.:

Triplex

Built in 1941

-- sqft lot

$719,500 Zestimate^®

$342/sqft

$-- HOA

What's special

Price Improvement!! Investment Opportunity! Live in the front 2 bedroom unit and have the rent from the other 2 back units. Discover this fantastic 3 unit investment property in the heart of vibrant Midtown, perfect for seasoned investors or those starting their real estate portfolio. Featuring a spacious 2-bedroom, 1-bath front unit and two cozy 1-bedroom, 1-bath rear units, this triplex offers a versatile unit mix to attract diverse tenants. Ideally located just steps from trendy shopping, dining and the lively pulse of Midtown. Whether you're looking for steady cash flow, a live-in investment, or a value-add opportunity, this well-positioned gem is your chance to own a piece of Midtown's dynamic lifestyle. Don't miss out- schedule a viewing today and seize this rare find!

110 days

413

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Radiant

Cooling

Evaporative Cooling

Appliances

Included: Dryer, Electric Oven, Electric Range, Microwave, Washer
Laundry: In Unit

Features

Flooring: Carpet, Laminate, Tile, Wood
Windows: Blinds, Double Pane Windows, Vinyl Frames, Window Coverings
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 2,239
Total interior livable area: 2,239 sqft

Property

Parking

Total spaces: 3
Parking features: Parking Pad

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: None
Pool features: None
Spa features: None
Fencing: Back Yard

Lot

Size: 3,920.4 Square Feet
Features: Level

Details

Additional structures: None
Parcel number: 01405517
Zoning: MU-RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Vinyl Siding
Foundation: Concrete Perimeter, Slab
Roof: Composition,Pitched

Condition

Year built: 1941

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Marshall`S Addition

Location

Region: Reno

Financial & listing details

Price per square foot: $342/sqft
Tax assessed value: $259,544
Annual tax amount: $1,626
Date on market: 9/7/2025
Cumulative days on market: 110 days
Listing terms: 1031 Exchange,Cash
Tenant pays: Cable TV

Estimated market value

$719,500

$684,000 - $755,000

$1,970/mo

Price history

Date	Event	Price
12/2/2025	Price change	$765,000-0.6%$342/sqft
Source: NNRMLS #250055571 Report a problem
11/11/2025	Price change	$770,000-2.5%$344/sqft
Source: NNRMLS #250055571 Report a problem
10/28/2025	Price change	$790,000-0.6%$353/sqft
Source: NNRMLS #250055571 Report a problem
9/7/2025	Listed for sale	$795,000+502.3%$355/sqft
Source: NNRMLS #250055571 Report a problem
3/31/1995	Sold	$132,000$59/sqft
Source: Public Record Report a problem