1461 E 7th St
Reno, NV 89512
East 4th Street- Studio
- 1,640 sqft (on 0.33 acres)
Studio
1,640 sqft
(on 0.33 acres)
Local Information
© Google
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Description
Drive By Only! Please Do Not Disturb Tenants! All Viewings Can Take Place Within 3 Days Of Accepted Offer. Investment Opportunity in Reno! This multi-family property features four separate units on one parcel, making it a prime option for investors or owner-occupiers seeking rental income. The property includes one studio, two 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, offering a versatile mix to attract a variety of tenants., Conveniently located near UNR, Downtown Reno, shopping, restaurants, and everything this vibrant city has to offer, the property also boasts easy access to major thoroughfares. 4 Separate Units On One Parcel With Same APN. Roof, Windows and A/C Recently Replaced. Cap Rate At 7.5% Studio - 616sqft, 1 Bed/1 Bath - 600sqft, 1 Bed/1 Bath - 336sqft and 2 Bed/1 Bath 750sqft. Partial Utilities - Owner Pays: Water, Trash and Sewer
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 14, 2025
Home Highlights
Parking
Attached Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1461 E 7th St
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MLS Status: Closed |
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Appliances & Utilities Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter InstalledAppliances: Oven, Dryer, Gas Range, Refrigerator, WasherDryerLaundry: In UnitRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,Electric,Forced Air,Wall FurnaceHas CoolingAir Conditioning: Central Air,Electric,Evaporative Cooling,RefrigeratedHas HeatingHeating Fuel: Baseboard |
Windows, Doors, Floors & Walls Window: Blinds, Double Pane Windows, Skylight(s), Vinyl FramesFlooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Vinyl |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Composition Pitched ShinglePatio / Porch: Patio, DeckFencing: Back YardOther Structures: Shed(s), StorageFoundation: Slab, Stone, Crawl Space |
Parking & Garage No CarportGarageHas an Attached GarageParking Spaces: 6Parking: Attached,Common,Garage |
Frontage Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 56 |
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Year Built Year Built: 1932 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Asbestos, Fiber Cement, Frame |
Property Information Parcel Number: 00833203 |
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Price List Price: $450,000 |
Status Change & Dates Off Market Date: Thu Jan 30 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Reno |
School Information Elementary School: BoothJr High / Middle School: VaughnHigh School: Wooster |
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Building Area Building Area: 1640 Square Feet |
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Lot Area: 0.33 acres |
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Listing Terms: 1031 Exchange, Cash, Conventional |
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Expense Tenant Pays: All Utilities |
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Owner Pays: All Utilities |
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Mls Number: 240015069 |
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HOA Amenities: Barbecue |
Last check for updates: about 2 hours ago
Listed by Alan Hoffman B.26300, (775) 826-9696
HomeGate Realty of Reno
Bought with: Tim Lambdin BS.7450, (775) 813-3414, NextHome Yourpickettfence Group
Source: NNRMLS, MLS#240015069

Price History for 1461 E 7th St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/30/2025 | $450,000 | Sold | NNRMLS #240015069 |
| 12/08/2024 | $450,000 | Pending | NNRMLS #240015069 |
| 12/05/2024 | $450,000 | Listed For Sale | NNRMLS #240015069 |
| 04/07/2020 | $140,000 | Sold | N/A |
| 10/31/2012 | $48,000 | Sold | N/A |
| 10/17/2012 | $47,900 | PriceChange | Agent Provided |
| 09/12/2012 | $72,900 | Listed For Sale | Agent Provided |
| 11/10/2011 | $59,982 | Sold | N/A |
| 08/30/1996 | $145,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,157 |
| Assessment | $215,580 |
Home facts updated by county records
Comparable Sales for 1461 E 7th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.75 | Multi-Family Home | $500,000 | 11/07/25 | - | 1,450 | ||
0.64 | Multi-Family Home | $745,000 | 12/29/25 | - | 2,165 | ||
0.81 | Multi-Family Home | $505,000 | 01/21/26 | 6 | 3 | 2,097 | |
0.82 | Multi-Family Home | $705,000 | 06/18/25 | - | 2,208 | ||
0.85 | Multi-Family Home | $675,000 | 07/11/25 | - | 1,812 | ||
1.11 | Multi-Family Home | $620,000 | 04/28/26 | 4 | 4 | 1,792 | |
0.77 | Multi-Family Home | $860,000 | 01/15/26 | - | 2,940 | ||
0.82 | Multi-Family Home | $910,000 | 12/23/25 | - | 3,507 | ||
1.01 | Multi-Family Home | $720,000 | 11/26/25 | - | 3,456 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1461 E 7th St.
What Locals Say about East 4th Street
At least 53 Trulia users voted on each feature.
75 % Say there are sidewalks
74 % Say car is needed
74 % Say it's dog friendly
63 % Say yards are well-kept
62 % Say it's walkable to restaurants
62 % Say there's holiday spirit
62 % Say parking is easy
62 % Say streets are well-lit
53 % Say people would walk alone at night
45 % Say kids play outside
42 % Say it's quiet
40 % Say it's walkable to grocery stores
36 % Say neighbors are friendly
34 % Say there's wildlife
29 % Say they plan to stay for at least 5 years
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for rent near 1461 E 7th St
1461 E 7th St, Reno, NV 89512 is a studio, 1,640 sqft multi-family built in 1932. 1461 E 7th St is located in East 4th Street, Reno. This property is not currently available for sale. 1461 E 7th St was last sold on Jan 30, 2025 for $450,000 (0% higher than the asking price of $450,000). The current Trulia Estimate for 1461 E 7th St is $458,200.

