Closed

$740,000

3589 Mazzone Ave, Reno, NV 89502

--beds

0baths

3,008sqft

Multi Family

Built in 1984

-- sqft lot

$-- Zestimate^®

$246/sqft

$1,229 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,229/mo

Zestimate^® history

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$4,302/mo

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$4,302/mo

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What's special

3589 Mazzone Ave is a 4-plex located in Reno, Nevada near the Reno Tahoe International Airport. The complex is a total of 4 units, each consisting of 2 bedrooms, 1 bathroom and includes ample on-site parking. Interiors features approximately 752 sq feet with in-unit laundry, dishwashers, and air conditioning. Opportunity to increase cashflow by renovating units and increasing rents to market. New1 year lease on all 4 units in place., The property is located near the Reno Tahoe International Airport, Highway 580, and Moana Lane offering tenants easy access to all of Reno. Investors buying in Nevada benefit from competitive cap rates, rising rental rates, landlord friendly laws, and Nevada’s lack of a state income tax

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Electric, Natural Gas

Cooling

Electric, Wall/Window Unit(s)

Appliances

Included: Oven, Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Laundry: In Kitchen, Washer Hookup

Features

Flooring: Carpet, Laminate, Vinyl
Windows: Double Pane Windows, Metal Frames

Interior area

Total structure area: 3,008
Total interior livable area: 3,008 sqft

Property

Parking

Total spaces: 10
Parking features: Common

Features

Stories: 2
Fencing: Partial

Lot

Size: 6,534 Square Feet
Features: Landscaped

Details

Parcel number: 02031139
Zoning: MF30

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Crawl Space
Roof: Composition,Pitched,Shingle

Condition

Year built: 1984

Utilities & green energy

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

Community & HOA

Location

Region: Reno

Financial & listing details

Price per square foot: $246/sqft
Tax assessed value: $261,587
Annual tax amount: $1,606
Date on market: 7/15/2024
Cumulative days on market: 65 days
Listing terms: 1031 Exchange,Cash,Conventional
Tenant pays: All Utilities

Price history

Date	Event	Price
9/18/2024	Sold	$740,000-4.5%$246/sqft
Source: NNRMLS #240008951 Report a problem
8/19/2024	Pending sale	$775,000$258/sqft
Source: NNRMLS #240008951 Report a problem
7/16/2024	Listed for sale	$775,000+124.6%$258/sqft
Source: NNRMLS #240008951 Report a problem
7/3/2017	Sold	$345,000-8%$115/sqft
Source: NNRMLS #170004468 Report a problem
5/11/2017	Price change	$374,900-6.3%$125/sqft
Source: HomeGate Realty of Nevada #170004468 Report a problem
4/13/2017	Listed for sale	$399,900+86%$133/sqft
Source: HomeGate Realty of Nevada #170004468 Report a problem
6/26/2013	Sold	$215,000-13%$71/sqft
Source: Public Record Report a problem
4/5/2013	Listed for sale	$247,000$82/sqft
Source: Coldwell Banker Select Real Estate #130003593 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$1,653 +2.9%	$91,555 +0.1%
2025	$1,607 +2.9%	$91,420 -2.1%
2024	$1,561 +3.1%	$93,407 +4.8%
2023	$1,515 +3.1%	$89,123 +16.1%
2022	$1,470 +4.2%	$76,740 +20.6%
2021	$1,411 +5%	$63,646 +5.7%
2020	$1,343 -4.8%	$60,215
2019	$1,411 +5%	$60,215 +14.8%
2018	$1,343 +10.2%	$52,432 +0.5%
2017	$1,219	$52,172 +3.6%
2016	$1,219	$50,373 +3.5%
2015	$1,219 +3.2%	$48,666 -2.9%
2014	$1,182	$50,116 +19%
2013	$1,182	$42,112
2012	--	$42,112 +42.9%
2011	--	$29,478 -22.9%
2010	--	$38,236 -28.9%
2009	--	$53,814 +1.7%
2008	--	$52,907
2007	--	$52,907 +5.1%
2006	--	$50,333 +5.6%
2005	--	$47,674 +1.6%
2004	--	$46,914 -1.6%
2003	--	$47,668 +0.7%
2002	--	$47,337
2001	--	$47,337