3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple—ask us for it.
Closed
$900,000
3905 Pheasant Dr, Carson City, NV 89701
--beds
0baths
3,720sqft
Quadruplex
Built in 1994
-- sqft lot
$-- Zestimate®
$242/sqft
$2,397 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,397/mo
Zestimate® history
Owner options
List your home for rent
$2,397/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,397/mo
Rent Zestimate®
Refinance and save
$5,179/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,179/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Trevor Richardson B.1002905 775-233-0754,
Address Income
Bought with:
Trevor Richardson, B.1002905
Address Income
Source: NNRMLS,MLS#: 250054938
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, ENERGY STAR Qualified Appliances, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Kitchen
Features
- Ceiling Fan(s)
- Flooring: Carpet, Luxury Vinyl, Vinyl
- Windows: Blinds, Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 3,720
- Total interior livable area: 3,720 sqft
Property
Parking
- Parking features: Common
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Back Yard,Partial
Lot
- Size: 8,276 Square Feet
- Features: Landscaped, Level, Sprinklers In Front
Details
- Additional structures: None
- Parcel number: 01035132
- Zoning: MFA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Crawl Space
- Roof: Composition,Shingle
Condition
- Year built: 1994
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 & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Carson City
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $324,759
- Annual tax amount: $3,963
- Date on market: 8/22/2025
- Cumulative days on market: 161 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $900,000-3.2%$242/sqft |
Source:  NNRMLS #250054938 Report a problem | ||
| 1/2/2026 | Contingent | $930,000$250/sqft |
Source: NNRMLS #250054938 Report a problem | ||
| 11/24/2025 | Price change | $930,000-1.1%$250/sqft |
Source: NNRMLS #250054938 Report a problem | ||
| 10/14/2025 | Listed for sale | $940,000$253/sqft |
Source:  INCMLS #1018423 Report a problem | ||
| 9/17/2025 | Contingent | $940,000$253/sqft |
Source: NNRMLS #250054938 Report a problem | ||
| 9/17/2025 | Pending sale | $940,000$253/sqft |
Source: INCMLS #1018423 Report a problem | ||
| 9/15/2025 | Listed for sale | $940,000$253/sqft |
Source: INCMLS #1018423 Report a problem | ||
| 9/14/2025 | Pending sale | $940,000$253/sqft |
Source: INCMLS #1018423 Report a problem | ||
| 9/11/2025 | Contingent | $940,000$253/sqft |
Source: NNRMLS #250054938 Report a problem | ||
| 8/22/2025 | Listed for sale | $940,000+24.5%$253/sqft |
Source: NNRMLS #250054938 Report a problem | ||
| 5/17/2023 | Sold | $755,000+0.7%$203/sqft |
Source: Public Record Report a problem | ||
| 4/13/2023 | Pending sale | $750,000$202/sqft |
Source: NNRMLS #230003185 Report a problem | ||
| 4/10/2023 | Listed for sale | $750,000$202/sqft |
Source: NNRMLS #230003185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,963 -0.3% | $113,666 -5.4% |
| 2024 | $3,974 +16% | $120,108 +7.9% |
| 2023 | $3,427 +3% | $111,277 +16.5% |
| 2022 | $3,327 +3% | $95,508 +4.8% |
| 2021 | $3,230 | $91,093 +1.9% |
| 2019 | $3,230 +7.5% | $89,410 +4% |
| 2018 | $3,005 +4.8% | $86,003 +1.5% |
| 2017 | $2,868 +4.2% | $84,771 +1.2% |
| 2016 | $2,752 +2.6% | $83,765 +3.1% |
| 2015 | $2,683 +3.4% | $81,276 +5% |
| 2014 | $2,595 +0.2% | $77,378 +9.4% |
| 2013 | $2,589 +3% | $70,738 -5.4% |
| 2012 | $2,514 +2.2% | $74,804 -8.1% |
| 2011 | $2,461 +3% | $81,427 -4.8% |
| 2010 | $2,390 +7.8% | $85,501 -3.2% |
| 2009 | $2,217 +3% | $88,355 -3.5% |
| 2008 | $2,152 +7.2% | $91,520 +2.4% |
| 2007 | $2,008 | $89,399 +9.6% |
| 2006 | -- | $81,549 +14.7% |
| 2005 | -- | $71,111 +0.4% |
| 2004 | -- | $70,852 +4.8% |
| 2003 | -- | $67,614 -2% |
| 2002 | -- | $68,980 +1.2% |
| 2001 | $1,739 | $68,189 |
Find assessor info on the county website
Neighborhood: 89701
Nearby homes
- $332,5002 bd2 ba900 sqft3905 Pheasant Dr UNIT 2, Carson City, NV 89701Off Market
- $--2 bd2 ba-- sqft3905 Pheasant Dr UNIT 3, Carson City, NV 89701Off Market
- $--2 bd2 ba-- sqft3905 Pheasant Dr #1, Carson City, NV 89701Off Market
- $--2 bd1 ba905 sqft3907 Pheasant Dr #2B, Carson City, NV 89701Off Market
- $446,2002 bd2 ba905 sqft3907 Pheasant Dr UNIT 1, Carson City, NV 89701Off Market
- $322,636-- bd-- ba3.7k sqft3907 Pheasant Dr, Carson City, NV 89701Off Market
- $--2 bd2 ba905 sqft3907 Pheasant Dr #3C, Carson City, NV 89701Off Market
- $815,0009 bd4 ba3.7k sqft3913 Pheasant Dr, Carson City, NV 89701Sold
Nearby schools
GreatSchools rating
- 5/10Empire Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Eagle Valley Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Carson High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Empire
- Middle: Eagle Valley
- High: Carson
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Nevada
- Carson City
- Carson City
- 89701
- 3905 Pheasant Dr
Nearby cities
Nearby zip codes
Other Carson City Topics
