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  • $740,000

    1320 Buena Vista Ave, Reno, NV 89503

    --beds
    0baths
    2,849sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $2,985 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,985/mo

    Zestimate® history
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    What's special

    Laundry facilityHot waterEasy access to shoppingShared gas meterShared courtyardOutdoor space
    Investment Opportunity Alert! Welcome to this fantastic triplex strategically positioned near the University of Nevada, offering a lucrative blend of convenience and income potential. In process of getting a new roof installed. Perfectly located for student housing or rental income, this property promises a smart investment for the savvy investor. Property has off-street parking for added convenience. The upstairs units benefit from a shared laundry setup in the garage, while the downstairs unit enjoys, its own laundry facility in the utility room.This thoughtful arrangement maximizes tenant convenience and minimizes maintenance hassle. Utility management is a breeze with two electric meters and a shared gas meter, all units are serviced by a multi-zone boiler that handles heat and hot water for all three units. Current rental agreements are month to month and include electric and gas expenses, ensuring a hassle-free experience for both tenants and landlord. Beyond the practical amenities, this property features a charming, shared courtyard and a backyard, offering outdoor space for relaxation and recreation. Residents will appreciate the walking distance to the University of Nevada, Reno (UNR), and the nearby Rancho San Rafael Park, making it an attractive location for students and renters alike. Plus, its proximity to downtown adds to its appeal, providing easy access to shopping, dining, and entertainment options. Whether you're an experienced investor looking to expand your portfolio or a newcomer to real estate investment seeking a promising opportunity, this triplex is a must-see. Don't miss out on the chance to capitalize on this prime location and excellent income potential. Showings will be approved based on an accepted offer. Property is tenant occupied. Please do not disturb the tenants. Interior photos are prior to tenants occupying.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Wood S.65411 775-250-2007,

    RE/MAX Professionals-Reno

    Bought with:

    Ken Zimmerman, S.37701

    Ferrari-Lund Real Estate Reno

    Source: NNRMLS,MLS#: 240004020MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Hot Water, Natural Gas
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
    • Laundry: In Garage, Varies By Unit
    Features
    • Flooring: Carpet, Laminate, Varies, Wood
    • Windows: Blinds, Double Pane Windows, Vinyl Frames
    Interior area
    • Total structure area: 2,849
    • Total interior livable area: 2,849 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Common, Garage
    • Has attached garage: Yes
    Features
    • Stories: 1
    • Fencing: Back Yard
    Lot
    • Size: 6,098 sqft
    • Features: Landscaped
    Details
    • Parcel number: 00710411
    • Zoning: MF14
    • Other equipment: Varies by Unit

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Masonry Veneer
    • Foundation: Crawl Space
    • Roof: Composition,Pitched,Shingle
    Condition
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage

    Community & neighborhood

    Location
    • Region: Reno
    • Subdivision: University Terrace

    Other

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

    Price history

    DateEventPrice
    5/24/2024Sold$740,000-1.3%$260/sqft
    Source: NNRMLS #240004020 Report a problem
    4/22/2024Pending sale$750,000$263/sqft
    Source: NNRMLS #240004020 Report a problem
    4/15/2024Listed for sale$750,000+200%$263/sqft
    Source: NNRMLS #240004020 Report a problem
    4/2/2009Sold$250,000-2.2%$88/sqft
    Source: Public Record Report a problem
    10/16/2008Sold$255,622-38%$90/sqft
    Source: Public Record Report a problem
    8/8/2005Sold$412,500+153.1%$145/sqft
    Source: Public Record Report a problem
    1/26/1996Sold$163,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,635 +2.9%$92,265 +2.4%
    2025$1,589 +7.9%$90,122 +2%
    2024$1,472 +7.9%$88,315 +3.6%
    2023$1,364 +2.8%$85,286 +18.5%
    2022$1,326 +3.2%$71,990 +15.3%
    2021$1,285 +1.3%$62,425 +11.1%
    2020$1,269 -1.3%$56,175
    2019$1,285 +1.3%$56,175 +30.3%
    2018$1,269 +11.9%$43,127 +6.2%
    2017$1,134 $40,600 +9.2%
    2016$1,134 $37,194 +9.2%
    2015$1,134 +3.4%$34,049 +14.1%
    2014$1,097 $29,835 +3.1%
    2013$1,097 $28,937
    2012-- $28,937 -1.8%
    2011-- $29,463 -1.4%
    2010-- $29,884 -25.3%
    2009-- $39,982 -5.5%
    2008-- $42,322
    2007-- $42,322 +10%
    2006-- $38,479 +4%
    2005-- $37,009 +7.9%
    2004-- $34,305 -0.8%
    2003-- $34,579 +0.5%
    2002-- $34,410
    2001-- $34,410

    Find assessor info on the county website

    Neighborhood: Old Northwest - West University

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elmcrest
    • 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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