Drive By Only! Please Do Not Disturb Tenants! All Viewings Can Take Place Within 3 Days Of Accepted Offer. Investment Opportunity in Reno! This multi-family property features four separate units on one parcel, making it a prime option for investors or owner-occupiers seeking rental income. The property includes one studio, two 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, offering a versatile mix to attract a variety of tenants. Conveniently located near UNR, Downtown Reno, shopping, restaurants, and everything this vibrant city has to offer, the property also boasts easy access to major thoroughfares. 4 Separate Units On One Parcel With Same APN. Roof, Windows and A/C Recently Replaced. Cap Rate At 7.5% Studio - 616sqft, 1 Bed/1 Bath - 600sqft, 1 Bed/1 Bath - 336sqft and 2 Bed/1 Bath 750sqft. Partial Utilities - Owner Pays: Water, Trash and Sewer
Sold
$450,000
1461 E 7th St, Reno, NV 89512
4beds
3baths
1,640sqft
MultiFamily
Built in 1932
-- sqft lot
$451,400 Zestimate®
$274/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 02:51pm
Listed by:
Alan Hoffman 775-826-9696,
HomeGate Realty of Reno
Bought with:
Tim Lambdin
NextHome Yourpickettfence Group
Source: NNRMLS,MLS#: 240015069
Originating MLS: Sierra Nevada Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Electric, Forced Air, Wall Furnace
Cooling
- Central Air, Evaporative Cooling, Separate Water Heaters, Separate Heating/Cooling
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer
- Laundry: Separate
Features
- Flooring: Carpet, Sheet Vinyl
- Windows: Blinds/Shades, Skylight(s), Double Pane Windows, Vinyl Frame
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,640 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Attached, Common
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio/Deck
- Fencing: Back Yard
Lot
- Size: 0.33 Acres
- Features: Fully Landscaped
Details
- Parcel number: 00833203
- Zoning: MU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood Siding, Asbestos, Fiber Cement Siding, Wood Frame
- Foundation: Concrete/Crawl Space, Concrete Slab, Stone
- Roof: Composition/Shingle,Pitched
Condition
- Year built: 1932
Utilities & green energy
- Electric: Separate Meters-Electric
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Meter Installed, Internet Available, Cellular Coverage Avail, Separate Meters-Water
Green energy
- Energy efficient items: Double Pane Windows, Fiber Cement Siding
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: BBQ/Picnic Area, Storage Shed
Location
- Region: Reno
- Subdivision: NV
Other
Other facts
- Available date: 12/05/2024
- Listing terms: 1031 Exchange,Conventional,Cash
Services availability

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