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
- Map ViewExplore the area around 1461 E 7th St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
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
1461 E 7th St, Reno, NV 89512 is a studio, 1,640 sqft multi-family in East 4th Street, built in 1932. It last sold for the $450,000 asking price on Jan 30, 2025. It is currently off market. The Trulia Estimate is $459,000, with a rent estimate of $1,241/month.
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 4 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 |
Market trends in Reno
Last updated June 2026
Avg. sale price
$569K
$8.33KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$331
$6MoM
Available listings
1105
26MoM
- Results are loading
Property Tax and Assessment
| Year | 2026 |
|---|---|
| Tax | $2,232 |
| Assessment | $236,822 |
Home facts updated by county records
Comparable Sales for 1461 E 7th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.76 | Multi-Family Home | $400,000 | 05/27/26 | 4 | 3 | 1,640 | |
0.74 | Multi-Family Home | $675,000 | 12/12/25 | - | 1,921 | ||
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 | |
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 | ||
1.12 | Multi-Family Home | $615,000 | 06/01/26 | 4 | 2 | 1,862 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALE0.33 ACRESMarmot Properties, LLC, Active
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SOLDOCT 24, 2025RE/MAX Realty Affiliates, Closed
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Assigned Schools
These are the assigned schools for 1461 E 7th St.
- E Otis Vaughn Middle School
- 6-8
- Public
- 554 Students
4/10GreatSchools RatingParent Rating AverageJust moved to town I wish my kids never attended here worst ever my kids never experience so much pointless drama that the staff act like they can’t control the staff in the office gave me a hard time about my daughter’s shot records when they could’ve easily called previous school to get them me and the old school had to do the footwork. It’s just ridiculous.Parent Review11mo ago - Earl Wooster High School
- 9-12
- Public
- 1338 Students
4/10GreatSchools RatingParent Rating AverageThe new Admin have bought in a (First 10 and last 10 extra assignment) for every class. On top of your normal class work and assignments. If you are representing your School for a Sport and miss this your grade immediately drops by 10 percent. No one knows why they are doing it. It lowers students GPA. And no study hall to make it up because they don't offer that.A friend of my Students grades dropped horribly because of this and failed numerous classes. My Student nearly failed also. Maybe to stop kids from skipping class but it punishes everyone. There is huge room for error and students grades dropping by huge percentages. They also lock bathrooms at the School. Which makes it hard for children to access bathrooms which is a basic human rights need. They have Awesome Sports Coaches and Teachers. And then there are the gangster kids. Unfortunately they are there. There were times when I felt unsafe. There are normal kids and IB kids also who are great.Parent Review1y ago - Libby C Booth Elementary School
- PK-5
- Public
- 321 Students
1/10GreatSchools RatingParent Rating AverageThis school is great! The teachers and staff truly care about students and my children have been getting a great education at this school. I could not be more happy about their achievement! Thank you Libby Booth!Parent Review11y ago 
Check out schools near 1461 E 7th St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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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