Modern and immaculate duplex built in 2020 with strong rental history and a high cap rate. Both units are mostly furnished and leased, offering stable, long-term income. Tenants have expressed intent to stay, creating a seamless transition for investors. Each unit features private balconies, solar panels, and private carport parking with garage door openers. Prime location near UNR and downtown amenities makes this property ideal for long-term rental or future Airbnb potential. Located just minutes from the university, downtown, shopping, dining, and parks — this is one of the most sought-after areas for both long-term tenants and short-term rental potential. Walkable, bike-friendly, and close to key commuter routes. Whether you're looking for a plug-and-play investment or long-term portfolio growth, this rare, turn-key duplex offers both flexibility and prime location appeal.
Active
$697,000
442 E 7th St #1 & 2, Reno, NV 89512
--beds
0baths
1,474sqft
Est.:
Duplex
Built in 2020
-- sqft lot
$688,300 Zestimate®
$473/sqft
$-- HOA
What's special
- 183 days |
- 777 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 01:30pm
Listed by:
Sage Ball S.187877 775-790-0249,
LPT Realty, LLC
Source: NNRMLS,MLS#: 250055789
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Smart Appliance(s), Washer
- Laundry: In Unit
Features
- Loft, Smart Thermostat
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows, Low Emissivity Windows, Vinyl Frames
- Has fireplace: No
Interior area
- Total structure area: 1,474
- Total interior livable area: 1,474 sqft
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Assigned, Attached, Carport, Garage Door Opener
- Has attached garage: Yes
- Has carport: Yes
Features
- Levels: One
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: Full
Lot
- Size: 1,306.8 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: 00723306
- Zoning: MD-ID
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Foundation: Slab
- Roof: Asphalt,Composition,Pitched
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Centralized Data Panel, Water Meter Installed
Green energy
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Security: Security Gate, Security System Owned, Smoke Detector(s)
- Subdivision: Evans Northeast Addition
Location
- Region: Reno
Financial & listing details
- Price per square foot: $473/sqft
- Tax assessed value: $309,771
- Annual tax amount: $3,572
- Date on market: 3/12/2026
- Cumulative days on market: 184 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Total actual rent: 3800
- Tenant pays: Internet, Water, Sewer, Gas, Electricity
Estimated market value
$688,300
$654,000 - $723,000
$2,061/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Price change | $697,000-2.5%$473/sqft |
Source:  NNRMLS #250055789 Report a problem | ||
| 10/10/2025 | Price change | $715,000-1.4%$485/sqft |
Source: NNRMLS #250055789 Report a problem | ||
| 9/12/2025 | Listed for sale | $725,000+14.2%$492/sqft |
Source: NNRMLS #250055789 Report a problem | ||
| 2/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/13/2024 | Listed for rent | $2,000+14.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/14/2023 | Listed for rent | $1,750-2.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/30/2023 | Price change | $1,800-2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2023 | Price change | $1,850-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Listed for rent | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2023 | Sold | $635,000+2.4%$431/sqft |
Source: NNRMLS #230004930 Report a problem | ||
| 5/21/2023 | Pending sale | $619,950$421/sqft |
Source: NNRMLS #230004930 Report a problem | ||
| 5/17/2023 | Listed for sale | $619,950+55%$421/sqft |
Source: NNRMLS #230004930 Report a problem | ||
| 11/24/2020 | Sold | $400,000+300%$271/sqft |
Source: Public Record Report a problem | ||
| 5/30/2018 | Sold | $100,000$68/sqft |
Source: Agent Provided Report a problem | ||
| 5/11/2018 | Listed for sale | $100,000$68/sqft |
Source: Keller Williams Group One Inc. #180006275 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,310 +8% | $108,420 -2% |
| 2024 | $3,066 +8% | $110,596 +15.4% |
| 2023 | $2,839 +10.7% | $95,852 +21.7% |
| 2022 | $2,564 +1232.4% | $78,789 +72.1% |
| 2021 | $192 -21.3% | $45,780 +368.5% |
| 2020 | $245 +27.1% | $9,772 |
| 2019 | $192 -21.3% | $9,772 +104.5% |
| 2018 | $245 +11.5% | $4,778 -41.8% |
| 2017 | $219 | $8,209 +1.3% |
| 2016 | $219 | $8,101 +12.6% |
| 2015 | $219 +3.4% | $7,197 +8.2% |
| 2014 | $212 | $6,651 +18.3% |
| 2013 | $212 | $5,623 |
| 2012 | -- | $5,623 -2.9% |
| 2011 | -- | $5,791 -4.2% |
| 2010 | -- | $6,043 -10.4% |
| 2009 | -- | $6,744 -48.3% |
| 2008 | -- | $13,048 |
| 2007 | -- | $13,048 +32.5% |
| 2006 | -- | $9,849 +7.9% |
| 2005 | -- | $9,125 +22.9% |
| 2004 | -- | $7,423 -0.7% |
| 2003 | -- | $7,473 +0.4% |
| 2002 | -- | $7,442 |
| 2001 | -- | $7,442 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,674/mo
Principal & interest
$3418
Property taxes
$256
More affordability tools
Climate risks
Neighborhood: East 4th Street
Nearby schools
GreatSchools rating
- 1/10Libby C Booth Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 89512
