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  • $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

    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

    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#: 240015069MLS LogoOriginating 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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