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Sold on 01/30/2025

1461 E 7th St, Reno, NV 89512

  • $450,000

    Last sold 01/30/2025 after 56 Days

  • —

    bed

  • —

    bath

  • 1,640

    Sqft ($274/Sqft)

Multi-family not for sale
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About 1461 E 7th St

Property type Multi-family
Neighborhood
Year built 1932
HOA fee $0/month
Lot size 0.33 Acre
Rental estimate
Property description
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
Listed by
Listing Agent - Alan Hoffman
Listing Agent Contact: 775-856-4663
Listing Office - HomeGate Realty of Reno
Source: NNRMLS mls logo
MLS#240015069 • last updated 1 year ago
Movoto checked NNRMLS for data 18 minutes ago
Overview
Cooling/AC Central Air, Electric, Evaporative Cooling, Refrigerated
Heating Baseboard, Electric, Forced Air, Wall Furnace
Levels/Style 1
MLS # 240015069
SubType Multi Family
SqFt 1640
Status Closed
Lot Size (Sqft) 14374.8
Property Tax 2157.43
Year Built 1932
Interior
Laundry In Unit
Flooring Carpet, Vinyl
Appliances Oven, Dryer, Gas Range, Refrigerator, Washer
Exterior
Roof Composition, Pitched, Shingle
Foundation Slab, Stone, Crawl Space
Construction Asbestos, Fiber Cement, Frame, Wood Siding
# of Parking Spaces 6
Parking Attached, Common, Garage
Patio/Porch Patio, Deck
Other Structures Shed(s), Storage
Fencing Back Yard
Lot Features Landscaped
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Utilities Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
HOA Amenities Barbecue
Security Features Smoke Detector(s)
Location
County Washoe
Elementary School Booth
Middle School Vaughn
High School Wooster
APN 833203
Zoning MU
Directions Sutro St - E. 7th St
Multifamily Details
Total # of Units 4
Total # of Buildings 4
Lot/ Land Details
Road Responsibility Public Maintained Road
Road Frontage Public
We are not permitted to show value estimates for this property.
  • Jan 2025
    mls logo MLS # 240015069
  • Jan 30, 2025 Sold
    $450,000
  • Dec 8, 2024 Under Contract-No Show
    —
  • Dec 5, 2024 Listed
    $450,000 (+839.5%)
  • Oct 2012
    mls logo MLS # 120011178
  • Oct 30, 2012 Sold
    $47,900
  • Sep 11, 2012 Listed
    $47,900
  • 1461 E 7th St
    $450K
  • Governor's Bowl
    $315K -3% y/y
  • 89512
    $480K +37% y/y
  • Reno
    $660K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Libby C Booth Elementary School
public Grades PK, K-5
Washoe County School District
3/10
E Otis Vaughn Middle School
public Grades 6-8
Washoe County School District
4/10
Earl Wooster High School
public Grades 9-12
Washoe County School District
Source: GreatSchools.org © 2026. All rights reserved.

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