901 Wheeler Ave, Reno, NV 89502
SOLDAPR 3, 2024

901 Wheeler Ave
Reno, NV 89502

East Reno
  • 3 Beds
  • 2 Baths
  • 1,945 sqft
  • 3 Beds
  • 2 Baths
  • 1,945 sqft

$375,000

Last Sold: Apr 3, 2024
25% below list $499K
$193/sqft
Est. Refi. Payment $2,200/mo*

Homes for Sale Near 901 Wheeler Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 03, 2024
901 Wheeler Ave consists of 2 houses on 1 lot near Reno's MidTown District. This is a value-add deal with the potential to either rehab both houses and significantly increase rents or taking advantage of the MF-30 zoning which may allow for upwards of 4.83+/- units on the parcel. The 1st house is a 1275 sqft 2 bed 1 bath that has a 575 unfinished basement per the assessor that is not included in the square footage. This building is currently vacant. The 2nd house is a 1 bed 1 bath that is 670 sqft with an unfinished 270 sqft basement per the assessor that is not included in the square footage. This is currently leased at $800 a month on a month to month lease. The owner will also carry paper on approved credit of Buyer. Inspection repairs available upon request. Don't miss out on this incredible opportunity!

Home Highlights

Parking
None
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$193/sqft
Listed
73 days ago

Home Details for 901 Wheeler Ave

Active Status

MLS Status: SOLD

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1945 Square Feet
Appliances & Utilities
Utilities: Water Connected, Electricity Connected, Natural Gas Connected, Separate Meters-WaterAppliances: Oven/Range, Refrigerator, Varies Per UnitLaundry: SeparateRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced AirAir Conditioning: Separate Heating/Cooling,Separate Water HeatersHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Separate Meters-ElectricHas Electric on Property
Windows, Doors, Floors & Walls
Window: Single PaneFlooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Wood

Exterior Features

Exterior Home Features
Roof: Composition Shingle PitchedPatio / Porch: Patio/DeckFencing: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential Income
Building
Construction Materials: Wood Siding, Wood Frame
Property Information
Parcel Number: 01316105

Price & Status

Price
List Price: $499,000Price Per Sqft: $193/sqft
Status Change & Dates
Off Market Date: Wed Apr 03 2024Possession Timing: Negotiable

Location

Direction & Address
City: RenoCommunity: NV
School Information
Elementary School: VeteransJr High / Middle School: VaughnHigh School: Wooster

Community

Community Features: Alley Access

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Owner Carry 1st

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: All Utilities

Rental

Owner Pays: All Utilities

Miscellaneous

BasementMls Number: 240001572

Additional Information

Alley Access
Last check for updates: about 23 hours ago
Listed by Tyler M Cornu S.184421
LPT Realty, LLC
Bought with: Tina Honea S.178512, RE/MAX Gold-Genoa
Source: NNRMLS, MLS#240001572

Price History for 901 Wheeler Ave

DatePriceEventSource
04/03/2024$375,000Sold
NNRMLS #240001572
03/19/2024$499,000PendingNNRMLS #240001572
03/13/2024$499,000PendingToActiveNNRMLS #240001572
02/27/2024$499,000PendingNNRMLS #240001572
02/16/2024$499,000Listed For SaleNNRMLS #240001572
01/10/2024ListingRemovedNNRMLS #230009675
11/13/2023$549,000PendingNNRMLS #230009675
11/02/2023$549,000PendingToActiveNNRMLS #230009675
09/07/2023$549,000PendingNNRMLS #230009675
08/19/2023$549,000Listed For SaleNNRMLS #230009675
09/17/2010$145,000ListingRemovedAgent Provided
08/20/2010$145,000Listed For SaleAgent Provided
02/09/2006$90,000Sold
N/A

Property Taxes and Assessment

Year2024
Tax$1,383
Assessment$237,357
Home facts updated by county records

Comparable Sales for 901 Wheeler Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Multi-Family Home
$325,000
09/26/23
2
2
2,189
0.32
Multi-Family Home
$610,000
11/27/23
4
2
1,420
0.35
Multi-Family Home
$580,000
07/07/23
5
2
2,146
0.38
Multi-Family Home
$360,000
11/17/23
2
2
2,304
0.37
Multi-Family Home
$560,000
04/26/24
4
2
2,106
0.45
Multi-Family Home
$574,500
03/28/24
3
2
2,168

Assigned Schools

These are the assigned schools for 901 Wheeler Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Reno

  • Trulia User
    "Wells Avenue is a very busy street and has poor lighting at night. there have been a number of pedestrians hit over the last few years so please be mindful of your children, pets and yourself when walking along it. "
    1
    Flag
  • Trulia User
    "Great stretches of sidewalks, crosswalks have lights at some intersections. There are also places where they have poop disposal for the owners!"
    0
    Flag
  • Colleen
    "Close to downtown and within 5 minutes to the freeways. Good for bicycles and walking. Lots of street parking."
    2
    Flag
  • Stephanie W.
    "It's close enough to everything that it takes very little time to go anywhere. Midtown, downtown, sparks, the hospital, school, a park. Anywhere "
    11
    Flag
  • Robmadry
    "We aren’t far from the annual Sparks rib contest and we really enjoy the art walks along the river and some of the events that are related to Burning Man."
    3
    Flag
  • Sherry P.
    "I've been in this neighborhood for almost 15 years. Love Shoppers Square stores. Has a pharmacy, grocery store, fast food, hair salon, Ice cream shops and banks."
    10
    Flag
  • Sherry P.
    "My neighborhood is made up of a very diverse people. Old, young, single, married, etc. Owners and renters. I've lived in this area over 10 years. I use the same bank, stores, pharmacies, restaurants, hairdresser, ect since I moved to the area. I can do everything I need to within a one mile radius. I love my neighborhood !"
    2
    Flag
  • jrcoleman007
    "Quiet Cul-de-sac end property located off one-way street (Kirman southbound). Good neighbors and above average surrounding properties. Convenient central Reno location only one mile from airport with easy access to Plumb Lane, and So. Virginia Street. Only 1 1/2 blocks to Reno Veterans Hospital!"
    1
    Flag

LGBTQ Local Legal Protections

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. © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 901 Wheeler Ave

Off Market Homes Near 901 Wheeler Ave

901 Wheeler Ave, Reno, NV 89502 is a 3 bedroom, 2 bathroom, 1,945 sqft multi-family built in 1920. 901 Wheeler Ave is located in East Reno, Reno. This property is not currently available for sale. 901 Wheeler Ave was last sold on Apr 3, 2024 for $375,000 (25% lower than the asking price of $499,000). The current Trulia Estimate for 901 Wheeler Ave is $376,500.