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Sold for $1,350,000
  • $1,350,000

    9981 S River St, Truckee, CA 96161

    6beds
    2baths
    2,340sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $1,354,500 Zestimate®
    $577/sqft
    $3,228 Estimated rent

    Home value

    $1,354,500

    $1.21M - $1.53M

    $3,228/mo

    Zestimate® history
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    What's special

    Rare investment opportunity in the heart of downtown Truckee! This spacious duplex features two well-appointed units, each offering 3 bedrooms, 1 bathroom, and 1,170 sq ft of living space (2,340 sq ft total). Both units feature front and back decks with stunning mountain and river views. Located just steps from the Truckee River and a short walk to downtown shops, restaurants, and trails, this property offers an unbeatable mix of natural beauty and convenience. An oversized 8-car garage provides ample space for vehicles, toys, or a workshop, with plenty of extra outdoor parking as well. Additional features include a separate storage shed on the property and a billboard that generates steady monthly income, adding even more value to this versatile property. Whether you're looking for a full-time residence, a rental investment, or a mountain retreat, this duplex delivers space, income potential, and a prime location in one of Truckee’s most desirable areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Annika Gelso 530-670-0018,

    Engel & Volkers Truckee

    Bought with:

    Annika Gelso, DRE #02029805

    Engel & Volkers Truckee

    Source: TSMLS,MLS#: 20252231MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Interior area
    • Total structure area: 2,340
    • Total interior livable area: 2,340 sqft

    Property

    Parking
    • Parking features: Black Top
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.67 Acres
    • Features: STREET
    Details
    • Parcel number: 019140021
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: MOUNTAIN
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District

    Community & HOA

    Community
    • Subdivision: Truckee River
    Location
    • Region: Truckee

    Financial & listing details

    • Price per square foot: $577/sqft
    • Tax assessed value: $299,763
    • Annual tax amount: $5,764
    • Price range: $1.4M - $1.4M
    • Date on market: 9/30/2025

    Price history

    DateEventPrice
    6/28/2026Listing removed$3,600$2/sqft
    Source: Zillow Rentals Report a problem
    4/21/2026Listed for rent$3,600+2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    12/3/2025Listing removed$3,500$1/sqft
    Source: Zillow Rentals Report a problem
    10/31/2025Listed for rent$3,500$1/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Sold$1,350,000$577/sqft
    Source: TSMLS #20252231 Report a problem
    10/1/2025Pending sale$1,350,000$577/sqft
    Source: TSMLS #20252231 Report a problem
    9/30/2025Listed for sale$1,350,000$577/sqft
    Source: TSMLS #20252231 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,764 +4%$299,763 +2%
    2024$5,543 +3.2%$293,886 +2%
    2023$5,370 +5.4%$288,124 +2%
    2022$5,094 +6%$282,476 +2%
    2021$4,804 +1.3%$276,938 +1%
    2020$4,744 +1%$274,099 +2%
    2019$4,696 +20.1%$268,725 +2%
    2018$3,910 +3.3%$263,457 +2%
    2017$3,787 +1.4%$258,292 +2%
    2016$3,735 +3.9%$253,229 +1.5%
    2015$3,595 +3.7%$249,427 +2%
    2014$3,466 $244,542 +0.5%
    2013-- $243,438 +2%
    2012-- $238,666 +2%
    2011-- $233,987
    Find assessor info on the county website

    Neighborhood: 96161

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,354,500
    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
    $1,354,500