100 percent occupied. 5.56 percent CAP Rate on actuals. 4-unit investment located near Downtown Reno. This is a prime investment opportunity located near the Truckee River in the heart of downtown Reno. The asset includes One - one bed/one-bath unit; Two - two bed/one and a half bath units; and One - two bed/one bath unit totaling 2,940 square feet. All four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances, new bathroom vanities, brushed nickel finishes and more. Each unit offers a stackable washer and dryer. Common area amenities feature professional management, fenced yard, close to bus line, on-site parking.
Closed
$860,000
29 Park St, Reno, NV 89502
--beds
0baths
2,940sqft
Quadruplex
Built in 1928
-- sqft lot
$-- Zestimate®
$293/sqft
$1,509 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,509/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 15, 2026 at 03:03pm
Listed by:
Chris McCain S.183923 775-225-1144,
DL Realty
Bought with:
Linda Christensen, S.184713
RE/MAX Gold
Source: NNRMLS,MLS#: 250057414
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Luxury Vinyl, Tile, Varies
- Windows: Blinds, Varies
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One,Two
- Stories: 2
- Exterior features: None
- Fencing: Partial
Lot
- Size: 5,227 sqft
- Features: Corner Lot, Landscaped, Level
Details
- Additional structures: None
- Parcel number: 01201505
- Zoning: MD-RD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Unknown
- Foundation: Pillar/Post/Pier, Slab, Stone
- Roof: Pitched,Shingle
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
HOA & financial
Other financial information
- Total actual rent: 68168
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $860,000-4.4%$293/sqft |
Source:  NNRMLS #250057414 Report a problem | ||
| 12/18/2025 | Contingent | $900,000$306/sqft |
Source: NNRMLS #250057414 Report a problem | ||
| 10/23/2025 | Listed for sale | $900,000-18.2%$306/sqft |
Source: NNRMLS #250057414 Report a problem | ||
| 7/22/2022 | Sold | $1,100,000+124.5%$374/sqft |
Source: Public Record Report a problem | ||
| 2/6/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,014 +6.2% | $104,306 +0.3% |
| 2024 | $2,839 +12% | $104,026 +1.9% |
| 2023 | $2,534 +9% | $102,100 +24.6% |
Find assessor info on the county website
Neighborhood: Ryland
Nearby schools
GreatSchools rating
- 1/10Libby C Booth Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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