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  • $545,000

    2035 Fife Dr, Reno, NV 89512

    5beds
    2,426sqft
    Single Family Residence
    Built in 1950
    0.45 Acres Lot
    $547,900 Zestimate®
    $225/sqft
    $2,999 Estimated rent

    Home value

    $547,900

    $499,000 - $603,000

    $2,999/mo

    Zestimate® history
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    What's special

    Calling all investors! Great rental opportunity or house hack residence. This dual-structure triplex is ready for new ownership. Bring your crew, give it a little elbow grease and you have yourself a multi-family income generator. The main house is a two bedroom, one bathroom unit at 1045 SF. There is an attached single-room studio with another bathroom, adding an additional 421 SF. The second structure is a two bedroom, one bathroom 960 SF property with a screened in porch and independent backyard., With three residence doors and nearly 1/2 acre of land, the options are truly endless. Located just above the Event Center and within a mile from the University, opportunities await. The rear landscaping was once an entertainers dream. Enjoy the greenery, decks and plethora of storage options. NOTE: The square footage/bath & bed count has been taken from a prior appraisal report and is slightly varying from the county assessor. The floor plans in each are spacious, tethered in with a few additional updates over the years. You'll enjoy the newer flooring in the main house as well as the wood burning fireplace to provide a cold night some warmth. The bedrooms recently had new carpet installed and the bathroom went through a refresh. The attached studio makes you feel like you are nestled in the middle of the pines, yet offers modern amenities and ample storage. The entrance is separate from the house so no need to bother your tenant. The second cottage is intricate in details at every turn you take. There's abundant natural lighting and a roomy galley kitchen with open shelving throughout. New carpet has been laid and the interior walls received a fresh coat of paint! The rear entrance on the second unit brings you into an enclosed patio that leads to your own fenced in backyard. The exterior has grown sunflowers, beans, grapes and apples. You can tell it was once loved and has potential to grow beautifully again. The front porch is spacious and the parking is plentiful with a horseshoe gravel driveway. There are 5 sheds total and an oversized partially covered deck to entertain on. Low property taxes and no HOA! The studio apartment is currently rented at $850/mo, the detached cottage will be rented at $1650/mo and the main house is now rented at $1700/month, making this a triplex with immediate income potential! Agents: Please see private remarks. This is an as-is sale.

    Zillow last checked: 8 hours ago

    Listing updated: May 14, 2025 at 04:00am

    Listed by:

    Shauna McArthur S.179447 775-530-7294,

    Keller Williams Group One Inc.,

    Jessica Asay S.187005 775-297-5719,

    Keller Williams Group One Inc.

    Bought with:

    Johnathan Valenciaga, S.194995

    LPT Realty, LLC

    Source: NNRMLS,MLS#: 230011208MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Electric, Fireplace(s), Natural Gas
    Cooling
    • Electric, Evaporative Cooling
    Appliances
    • Included: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
    • Laundry: Common Area, In Kitchen, Laundry Area
    Features
    • Breakfast Bar
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Windows: Blinds, Double Pane Windows, Drapes, Metal Frames, Single Pane Windows, Vinyl Frames, Wood Frames
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,426
    • Total interior livable area: 2,426 sqft

    Property

    Parking
    • Parking features: Attached, RV Access/Parking
    • Has attached garage: Yes
    Features
    • Stories: 1
    • Patio & porch: Patio, Deck
    • Fencing: Back Yard,Full
    Lot
    • Size: 0.45 Acres
    • Features: Landscaped, Level
    Details
    • Additional structures: Barn(s), Outbuilding
    • Parcel number: 00433113
    • Zoning: Sf3
    • Special conditions: Court Approval

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Crawl Space
    • Roof: Composition,Pitched,Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Water Available, Cellular Coverage, Water Meter Installed

    Community & neighborhood

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

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    1/24/2025Sold$545,000-9.2%$225/sqft
    Source: NNRMLS #230011208
    1/7/2025Pending sale$599,999$247/sqft
    Source: NNRMLS #230011208
    9/25/2024Price change$599,999-4%$247/sqft
    Source: NNRMLS #230011208
    7/19/2024Price change$625,000-3.8%$258/sqft
    Source: NNRMLS #230011208
    11/5/2023Price change$650,000-3.7%$268/sqft
    Source: NNRMLS #230011208

    Public tax history

    YearProperty taxesTax assessment
    2025$1,124 +3.3%$72,779 +1%
    2024$1,088 +2.9%$72,085 +12.6%
    2023$1,058 +2.9%$64,000 +20.8%

    Find assessor info on the county website

    Neighborhood: East University

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cannan
    • Middle: Traner
    • High: Hug

    Source: NNRMLS. 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

    $547,900

    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

    $547,900