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  • $864,000

    175 Wonder St, Reno, NV 89502

    6beds
    3baths
    2,592sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $333/sqft
    $1,584 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,584/mo

    Zestimate® history
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    What's special

    Functional layoutsDetached garagePrivate yardNew paint
    ***Seller Financing Available*** This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a **4th UNIT** and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Wass S.191397 775-742-3438,

    Coldwell Banker Select Reno

    Bought with:

    Brent Vaulet, S.179290

    RE/MAX Professionals-Reno

    Source: NNRMLS,MLS#: 260005476MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Oven, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
    • Laundry: Varies By Unit
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Aluminum Frames, Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
    • Has fireplace: No
    Interior area
    • Total structure area: 2,592
    • Total interior livable area: 2,592 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Alley Access, Detached, Garage
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony, Dog Run, Rain Gutters
    • Fencing: Back Yard,Full
    Lot
    • Size: 6,969 sqft
    • Features: Level, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: None
    • Parcel number: 01322613
    • Zoning: MF40

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Frame
    • Foundation: Full Perimeter, Crawl Space
    • Roof: Asphalt,Pitched
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Reno
    • Subdivision: Mccormick Addition

    HOA & financial

    Other financial information
    • Total actual rent: 3250

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,Owner May Carry,VA Loan

    Price history

    DateEventPrice
    6/10/2026Sold$864,000-3.9%$333/sqft
    Source: NNRMLS #260005476 Report a problem
    5/20/2026Contingent$899,000$347/sqft
    Source: NNRMLS #260005476 Report a problem
    5/20/2026Listed for sale$899,000$347/sqft
    Source: NNRMLS #260005476 Report a problem
    5/6/2026Contingent$899,000$347/sqft
    Source: NNRMLS #260005476 Report a problem
    5/2/2026Listed for sale$899,000$347/sqft
    Source: NNRMLS #260005476 Report a problem
    11/6/2024Listing removed$1,000
    Source: Zillow Rentals Report a problem
    11/3/2024Listed for rent$1,000
    Source: Zillow Rentals Report a problem
    6/13/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/11/2024Listed for rent$1,000+48.1%
    Source: Zillow Rentals Report a problem
    12/2/2014Listing removed$675
    Source: Zillow Rental Network Report a problem
    11/16/2014Listed for rent$675
    Source: Zillow Rental Network Report a problem
    6/15/2014Listing removed$675
    Source: Zillow Rental Network Report a problem
    6/6/2014Price change$675-12.9%
    Source: Zillow Rental Network Report a problem
    6/5/2014Listed for rent$775+24%
    Source: Zillow Rental Network Report a problem
    6/14/2013Listing removed$625
    Source: Zillow Rental Network Report a problem
    5/8/2013Listed for rent$625
    Source: Zillow Rental Network Report a problem
    11/2/2011Listing removed$625
    Source: Reno Rental Finders Report a problem
    9/10/2011Listed for rent$625
    Source: Reno Rental Finders Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,931 +3%$100,196 +2.8%
    2025$1,875 +2.9%$97,428 -1%
    2024$1,821 +2.8%$98,425 +1.2%
    2023$1,772 +0.7%$97,300 +22.7%
    2022$1,759 +6.7%$79,316 +21%
    2021$1,649 +5.6%$65,542
    2020$1,562 -5.3%--
    2019$1,649 +5.6%$59,556 +26.1%
    2018$1,562 +9.2%$47,234 -0.1%
    2017$1,430 $47,299 +3.5%
    2016$1,430 $45,680 +3.9%
    2015$1,430 +2.6%$43,952 +15.1%
    2014$1,393 $38,180 +6.3%
    2013$1,393 $35,914
    2012-- $35,914 -0.9%
    2011-- $36,233 -3.5%
    2010-- $37,555 -17.1%
    2009-- $45,287 -21.2%
    2008-- $57,481
    2007-- $57,481 +22.7%
    2006-- $46,833 +4.8%
    2005-- $44,697 -5%
    2004-- $47,067 -1.3%
    2003-- $47,706 +0.5%
    2002-- $47,461
    2001-- $47,461

    Find assessor info on the county website

    Neighborhood: East Reno

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Veterans
    • 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.

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