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Active
    • $1,050,000

    462 Laurel St, Reno, NV 89512

    7beds
    4baths
    3,340sqft
    : 
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    Triplex
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $314/sqft
    $-- HOA

    What's special

    Contemporary finishesWell-maintained interiors
    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.
    556 days
    |
    319
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Victoria Palladino S.178436 775-250-5561,

    Dickson Realty - Caughlin

    Source: NNRMLS,MLS#: 250000365MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
      • Laundry: In Kitchen, In Unit
      Features
      • Flooring: Carpet, Concrete, Laminate
      • Windows: Blinds, Double Pane Windows, Vinyl Frames
      • Has fireplace: No
      Interior area
      • Total structure area: 3,340
      • Total interior livable area: 3,340 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Alley Access, Assigned
      Features
      • Stories: 1
      • Fencing: Full
      Lot
      • Size: 6,969 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: 00719304
      • Zoning: Mu

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Frame, Stucco
      • Foundation: Slab
      • Roof: Flat
      Condition
      • Year built: 1918

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Edmonds
      Location
      • Region: Reno

      Financial & listing details

      • Price per square foot: $314/sqft
      • Tax assessed value: $378,315
      • Annual tax amount: $3,305
      • Date on market: 1/10/2025
      • Cumulative days on market: 557 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Total actual rent: 3200
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/9/2025Listing removed$2,450$1/sqft
        Source: Zillow Rentals Report a problem
        10/26/2025Price change$2,450+11.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/17/2025Price change$2,200-12%$1/sqft
        Source: Zillow Rentals Report a problem
        9/26/2025Price change$2,500-16.7%$1/sqft
        Source: Zillow Rentals Report a problem
        9/25/2025Listed for rent$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        3/31/2025Price change$1,050,000+10.5%$314/sqft
        Source: NNRMLS #250000365 Report a problem
        1/10/2025Listed for sale$950,000+400%$284/sqft
        Source: NNRMLS #250000365 Report a problem
        7/8/2013Sold$190,000+134.6%$57/sqft
        Source: Public Record Report a problem
        5/29/1998Sold$81,000$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,402 +2.9%$132,410 +2.3%
        2025$3,305 +8%$129,492 -0.2%
        2024$3,061 +3%$129,744 +10.9%
        2023$2,973 +3.2%$117,041 +19.9%
        2022$2,881 +3.1%$97,598 +6.4%
        2021$2,796 +5%$91,692 +4.5%
        2020$2,663 -4.8%$87,707
        2019$2,796 +5%$87,707 +15.5%
        2018$2,663 +8.9%$75,921 +3.7%
        2017$2,444 $73,197 -1.6%
        2016$2,444 $74,405 +254.5%
        2015$2,444 +340.8%$20,987 +26.9%
        2014$555 $16,536 +13.9%
        2013$555 $14,521
        2012-- $14,521 -2.1%
        2011-- $14,825 +4.4%
        2010-- $14,202 -39.5%
        2009-- $23,465 -28.7%
        2008-- $32,891
        2007-- $32,891 +40.7%
        2006-- $23,381 +3.1%
        2005-- $22,681 +25.4%
        2004-- $18,091 -0.6%
        2003-- $18,194 +0.3%
        2002-- $18,131
        2001-- $18,131
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East University

        Getting around

        75 / 100
        Very Walkable
        58 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lemelson Stem Academy
        • Middle: Traner
        • High: Hug

        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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