Well-maintained 4plex with an excellent income stream. Pro-forma Cap rate of 6.0%, (4.9% as is). Large rooms, Laundry hookups, air conditioning, parking.
Sold for $755,000 on 11/21/24
$755,000
3964 Neil Rd, Reno, NV 89502
6beds
3,700sqft
MultiFamily
Built in 1978
-- sqft lot
$-- Zestimate®
$204/sqft
$4,908 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,908/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,700 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 3,920 sqft
Details
- Parcel number: 02033210
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1978
Community & neighborhood
Location
- Region: Reno
Other
Other facts
- Cooling System: Air Conditioning
- Garbage included in rent
- Laundry: In Unit
- Sewage included in rent
- Water included in rent
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2024 | Sold | $755,000$204/sqft |
Source: Public Record | ||
| 7/10/2023 | Sold | $755,000-5.5%$204/sqft |
Source: Public Record | ||
| 4/12/2023 | Price change | $799,000-3.2%$216/sqft |
Source:  NNRMLS #220014161 | ||
| 1/30/2023 | Listed for sale | $825,000$223/sqft |
Source: NNRMLS #220014161 | ||
| 1/16/2023 | Pending sale | $825,000$223/sqft |
Source: NNRMLS #220014161 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,240 +8% | $93,082 -2.7% |
| 2024 | $2,075 +8.5% | $95,638 +4.2% |
| 2023 | $1,912 +7.4% | $91,779 +15.8% |
Find assessor info on the county website
Neighborhood: Smithridge
Nearby schools
GreatSchools rating
- 4/10Smithridge Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Edward L Pine Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Damonte Ranch High SchoolGrades: 9-12Distance: 5.7 mi
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