Investor alert! Fully leased 3 plex in high demand rental area just a few blocks from UNR. Updates since 2019 include new kitchens & bathrooms, new cabinetry & countertops, new vinyl plank & carpet flooring, interior & exterior paint, Pella windows, updated electrical & plumbing, sewer line, new mini split AC & heat in all rooms & living areas, new appliances & laundry in all units, new front porch & landscaping. 7.2% cap rate. Please do not disturb tenants., All units are currently leased. Layout is a 2 bedroom, 2 bathroom unit on the main floor of the main house. A 2 bedroom 1.5 bathroom in the basement of the main house, and a studio in the east facing stand alone.
Closed
$683,100
609 W 11th St, Reno, NV 89503
--beds
0baths
1,990sqft
Multi Family
Built in 1924
-- sqft lot
$700,300 Zestimate®
$343/sqft
$2,035 Estimated rent
Home value
$700,300
$651,000 - $749,000
$2,035/mo
Zestimate® history
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What's special
Zillow last checked: 11 hours ago
Listing updated: May 13, 2025 at 02:11pm
Listed by:
Jeff Haas B.144390 PatsTeam@ERA-RC.com,
ERA - Realty Central
Bought with:
Chris Sieben, S.0179059
Realty One Group Eminence
Source: NNRMLS,MLS#: 230010413
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Varies By Unit
Features
- Smart Thermostat
- Flooring: Carpet
- Windows: Double Pane Windows, Low Emissivity Windows
- Has basement: No
Interior area
- Total structure area: 1,990
- Total interior livable area: 1,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Varies by Unit
Features
- Stories: 1
- Fencing: Partial
Lot
- Size: 5,662 sqft
- Features: Landscaped, Other
Details
- Parcel number: 00737403
- Zoning: Mf14
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Masonite
- Foundation: Slab, Crawl Space
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
- Subdivision: University Terrace
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $683,100-8.9%$343/sqft |
Source:  NNRMLS #230010413 | ||
| 3/13/2024 | Pending sale | $750,000$377/sqft |
Source: NNRMLS #230010413 | ||
| 3/11/2024 | Price change | $750,000-6%$377/sqft |
Source: NNRMLS #230010413 | ||
| 3/4/2024 | Price change | $798,000-6.8%$401/sqft |
Source: NNRMLS #230010413 | ||
| 2/17/2024 | Price change | $856,000-4.4%$430/sqft |
Source: NNRMLS #230010413 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,012 +7.9% | $78,449 +33.4% |
| 2024 | $937 +7.9% | $58,825 +4.5% |
| 2023 | $869 +7.9% | $56,302 +24.6% |
Find assessor info on the county website
Neighborhood: Old Northwest - West University
Nearby schools
GreatSchools rating
- 6/10Peavine Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Peavine
- Middle: Clayton
- High: Reno
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
$700,300
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
$700,300