$1,050,000
Original price: $950,000
7 Beds
4 Baths
3,340 sqft
462 Laurel St, Reno, NV 89512
Est. Mortgage $6,099/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1918
$314/sqft
3 Parking Spaces
Local Information
- Map ViewExplore the area around 462 Laurel St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.
Last check for updates: about 19 hours ago
Listing courtesy of Victoria Palladino S.178436, (775) 250-5561
Dickson Realty - Caughlin
Source: NNRMLS, MLS#250000365
Also Listed on NNRMLS.
Home Details for 462 Laurel St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter InstalledAppliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, WasherDishwasherDisposalDryerLaundry: In Kitchen,In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Blinds, Double Pane Windows, Vinyl FramesFlooring: Carpet, Concrete, Laminate |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Concrete, Laminate |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: FlatFencing: FullFoundation: Slab |
Parking & Garage No CarportNo Attached GarageParking Spaces: 3Parking: Alley Access,Assigned |
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: 572Days on Market: 180+ |
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Year Built Year Built: 1918 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Construction Materials: Frame, Stucco |
Property Information Parcel Number: 00719304 |
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Price List Price: $1,050,000Price Per Sqft: $314 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: RenoCommunity: Edmonds |
School Information Elementary School: Lemelson Stem AcademyJr High / Middle School: TranerHigh School: Hug |
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Listing Agent Listing ID: 250000365 |
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Building Area Building Area: 3340 Square Feet |
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Not Senior Community |
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Lot Area: 6969.6 sqft |
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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: Water |
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Mls Number: 250000365 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East University
At least 62 Trulia users voted on each feature.
86 % Say car is needed
78 % Say there are sidewalks
69 % Say it's dog friendly
62 % Say yards are well-kept
62 % Say there's holiday spirit
60 % Say parking is easy
56 % Say kids play outside
55 % Say streets are well-lit
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
42 % Say they plan to stay for at least 5 years
41 % Say people would walk alone at night
41 % Say it's quiet
36 % Say neighbors are friendly
31 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Reno
Last updated August 2026
Avg. sale price
$584K
$4KMoM
Sale-to-List Price
99.7%
Price per sq ft
$338
$3MoM
Available listings
1077
8MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $505,000 | 01/21/26 | 6 | 3 | 2,097 | |
0.56 | Multi-Family Home | $1,065,000 | 06/18/26 | 7 | 4 | 3,293 | |
0.48 | Multi-Family Home | $770,000 | 01/22/26 | 4 | 4 | 2,858 | |
0.28 | Multi-Family Home | $659,755 | 04/21/26 | 5 | 4 | 396 | |
0.67 | Multi-Family Home | $799,000 | 04/10/26 | 3 | 2,796 | ||
0.74 | Multi-Family Home | $690,000 | 04/27/26 | 3 | 1 | 2,241 | |
0.19 | Multi-Family Home | $910,000 | 12/23/25 | - | 3,507 | ||
0.22 | Multi-Family Home | $745,000 | 12/29/25 | - | 2,165 | ||
1.22 | Multi-Family Home | $975,000 | 11/10/25 | 3 | 5 | 2,700 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $505,000 | 6 | 3 | 2,097 | Recently Sold | |
0.12 | $431,200 | 2 | 1 | 1,073 | Off Market | |
0.16 | $453,100 | 4 | 2 | 1,250 | Off Market | |
0.19 | $173,100 | 1 | 1 | 540 | Off Market | |
0.14 | $605,600 | Studio | - | 1,820 | Off Market | |
0.19 | $910,000 | Studio | - | 3,507 | Recently Sold | |
0.15 | $300,000 | 2 | 1 | 816 | Recently Sold | |
0.19 | - | Studio | - | 2,030 | Off Market | |
0.21 | - | Studio | - | 2,117 | Off Market | |
0.22 | $745,000 | Studio | - | 2,165 | Recently Sold | |
0.21 | $425,000 | 3 | 1 | 1,440 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 9, 2025 Source: Zillow Rentals | ListingRemoved | $2,450 |
Oct 26, 2025 Source: Zillow Rentals | PriceChange | $2,450 Price increased by 11% |
Oct 17, 2025 Source: Zillow Rentals | PriceChange | $2,200 Price decreased by 12% |
Sep 26, 2025 Source: Zillow Rentals | PriceChange | $2,500 Price decreased by 17% |
Sep 25, 2025 Source: Zillow Rentals | Listed For Rent | $3,000 |
Mar 31, 2025 Source: NNRMLS #250000365 | PriceChange | $1,050,000 Price increased by 11% |
Jan 10, 2025 Source: NNRMLS #250000365 | Listed For Sale | $950,000 |
Jul 8, 2013 Source: N/A | Sold | $190,000 |
May 29, 1998 Source: N/A | Sold | $81,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $3,402 | $378,315 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Victoria Palladino, Dickson Realty - Caughlin
Agent Phone: (775) 250-5561
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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Frequently asked questions about 462 Laurel St
- What is the estimated monthly payment for 462 Laurel St?Based on a $1,050,000 list price with 20% down at today's rates, the estimated monthly payment for 462 Laurel St in Reno, NV is approximately $6,173 (about $5,713 principal & interest, $385 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 462 Laurel St compare to homes in Reno?462 Laurel St in Reno, NV is listed at $1,050,000, about 80% above the $584K median sale price in Reno.
- What do residents say about the East University neighborhood?Residents describe the East University neighborhood in Reno, NV as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in East University, Reno.
- What are the closest schools to 462 Laurel St?The closest schools to 462 Laurel St in Reno, NV are Dorothy Lemelson STEM Academy Elementary School (Pre-K, rated 4/10), Fred W Traner Middle School (rated 5/10), Procter R Hug High School (rated 2/10).
- Does 462 Laurel St have air conditioning?Yes, 462 Laurel St in Reno, NV has air conditioning.
- Does 462 Laurel St have laundry facilities?Yes, 462 Laurel St in Reno, NV has in-unit laundry.
462 Laurel St, Reno, NV 89512 is a 7 bedroom, 4 bathroom, 3,340 sqft multi-family built in 1918. 462 Laurel St is located in East University, Reno. This property is currently available for sale and was listed by NNRMLS on Jan 10, 2025. The MLS # for this home is MLS# 250000365.