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    • $265,000

    1985 Valley Rd, Reno, NV 89512

    2beds
    1,407sqft
    Single Family Residence
    Built in 1946
    7,405 Square Feet Lot
    $265,000 Zestimate®
    $188/sqft
    $1,985 Estimated rent

    Home value

    $265,000

    $244,000 - $286,000

    $1,985/mo

    Zestimate® history
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    What's special

    Partial siding replacementNew windowsNewer roof
    Investor opportunity! This property offers tremendous potential for investors, flippers, and contractors. This property boasts MF30 zoning allowing for potentially up to 4 units (buyer to verify). Originally a 2-bedroom, 1-bath home, the seller began redesigning the layout with a plan to create a duplex with a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. The proposed redesign would add approximately 400 square feet to the existing 1,407 square feet. The property features a newer roof, new windows, and partial siding replacement. Bring your vision and unlock this property's potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wesley Pittman B.1003065 775-908-7775,

    TrueNest Properties,

    Grecia Cardona S.198982 775-722-8672,

    TrueNest Properties

    Bought with:

    Kyla Bevel, B.146350

    Key Collective

    Source: NNRMLS,MLS#: 260007538MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • None
    Cooling
    • Central Air
    Appliances
    • Included: None
    • Laundry: None
    Features
    • Master Downstairs
    • Flooring: Luxury Vinyl, Wood
    • Windows: Double Pane Windows, Vinyl Frames
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,407
    • Total interior livable area: 1,407 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None, Patio
    • Exterior features: None
    • Spa features: None
    • Fencing: Back Yard
    Lot
    • Size: 7,405 Square Feet
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00704002
    • Zoning: MF30

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Crawl Space
    • Roof: Composition,Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

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

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $142,321
    • Annual tax amount: $738
    • Date on market: 6/12/2026
    • Cumulative days on market: 26 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    7/8/2026Sold$265,000$188/sqft
    Source: NNRMLS #260007538 Report a problem
    6/22/2026Contingent$265,000$188/sqft
    Source: NNRMLS #260007538 Report a problem
    6/12/2026Listed for sale$265,000+6%$188/sqft
    Source: NNRMLS #260007538 Report a problem
    9/16/2025Sold$250,000+2.9%$178/sqft
    Source: Public Record Report a problem
    1/13/2021Sold$243,000$173/sqft
    Source: NNRMLS #200006182 Report a problem
    6/17/2020Price change$243,000-8.3%$173/sqft
    Source: Miner Realty of Nevada LLC #200006182 Report a problem
    5/16/2020Listed for sale$265,000+4%$188/sqft
    Source: Miner Realty of Nevada LLC #200006182 Report a problem
    2/1/2020Listing removed$254,845$181/sqft
    Source: Auction.com Report a problem
    12/14/2019Price change$254,8450%$181/sqft
    Source: Auction.com Report a problem
    12/8/2019Price change$254,897+0%$181/sqft
    Source: Auction.com Report a problem
    12/7/2019Price change$254,845+0.1%$181/sqft
    Source: Auction.com Report a problem
    12/4/2019Price change$254,569+8.7%$181/sqft
    Source: Auction.com Report a problem
    12/1/2019Price change$234,119+0.1%$166/sqft
    Source: Auction.com Report a problem
    11/29/2019Price change$233,885+0.5%$166/sqft
    Source: Auction.com Report a problem
    11/25/2019Price change$232,747+0%$165/sqft
    Source: Auction.com Report a problem
    11/24/2019Price change$232,681+0.2%$165/sqft
    Source: Auction.com Report a problem
    11/21/2019Price change$232,242+0.3%$165/sqft
    Source: Auction.com Report a problem
    11/18/2019Price change$231,514+0%$165/sqft
    Source: Auction.com Report a problem
    11/17/2019Price change$231,448-2.3%$164/sqft
    Source: Auction.com Report a problem
    11/14/2019Price change$236,829-0.1%$168/sqft
    Source: Auction.com Report a problem
    11/13/2019Price change$237,026+0.1%$168/sqft
    Source: Auction.com Report a problem
    11/12/2019Price change$236,8250%$168/sqft
    Source: Auction.com Report a problem
    11/10/2019Price change$236,856+0%$168/sqft
    Source: Auction.com Report a problem
    11/9/2019Price change$236,803-0.2%$168/sqft
    Source: Auction.com Report a problem
    11/6/2019Price change$237,264+0%$169/sqft
    Source: Auction.com Report a problem
    11/4/2019Price change$237,240-0.1%$169/sqft
    Source: Auction.com Report a problem
    11/3/2019Listed for sale$237,524+131.7%$169/sqft
    Source: Auction.com Report a problem
    7/30/1999Sold$102,500$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$729 +2.7%$49,812 +0.9%
    2025$709 +2.7%$49,353 +4.5%
    2024$690 +3.3%$47,209 -1.9%
    2023$668 +3.6%$48,116 +25.6%
    2022$645 -53.9%$38,298 +28.8%
    2021$1,398 +133.9%$29,739 +6.1%
    2020$598 -57.2%$28,024
    2019$1,398 +133.9%$28,024 +24%
    2018$598 +30%$22,599 +26%
    2017$460 $17,934 +6.3%
    2016$460 $16,866 +11.4%
    2015$460 +3.3%$15,135 +13.6%
    2014$445 $13,326 +11.9%
    2013$445 $11,906
    2012-- $11,906 +4.7%
    2011-- $11,370 -4.5%
    2010-- $11,908 -37.1%
    2009-- $18,921 -9.2%
    2008-- $20,837 -24.2%
    2007-- $27,491 +38.7%
    2006-- $19,820 +4.4%
    2005-- $18,993 +29.1%
    2004-- $14,714 -0.6%
    2003-- $14,808 +0.4%
    2002-- $14,750
    2001-- $14,750
    Find assessor info on the county website

    Neighborhood: East University

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sierra Vista
    • Middle: Traner
    • High: Hug

    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
    $265,000
    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
    $265,000

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