Zoned multifamily and ideally located just minutes from Midtown Reno, 755 Balzar presents a compelling investment opportunity. The property features a 2-bedroom, 1-bath main home offering 983 sq ft, plus a detached 480 sq ft ADU with 1 bedroom and 1 bath perfect for rental income, multigenerational living, or house hacking. Recent updates provide added peace of mind, including a new sewer line on main house and boiler system in February 2022. The main home roof was replaced in 2023, and the ADU roof was completed in 2025. With multifamily zoning and proximity to Midtown's dining, shopping, and entertainment, this property offers strong rental potential and long-term upside in one of Reno's most desirable areas.
Closed
$540,000
755 Balzar Cir, Reno, NV 89502
3beds
1,463sqft
Single Family Residence
Built in 1943
8,276 Square Feet Lot
$539,000 Zestimate®
$369/sqft
$2,399 Estimated rent
Home value
$539,000
$496,000 - $588,000
$2,399/mo
Zestimate® history
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$3,181/mo
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Zillow last checked:
Listing updated:
Listed by:
Eric Crosby B.1887 775-544-0808,
RE/MAX Gold
Bought with:
Gabriela De Leon Carreto, S.189334
Realty One Group Eminence
Source: NNRMLS,MLS#: 260002500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant
Appliances
- Included: Additional Refrigerator(s), Refrigerator
- Laundry: In Kitchen
Features
- Flooring: Laminate, Wood
- Windows: Single Pane Windows
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,463
- Total interior livable area: 1,463 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Detached, Garage, Garage Door Opener
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Spa features: None
- Fencing: Full
Lot
- Size: 8,276 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: 01324201
- Zoning: MF14
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos
- Foundation: Concrete Perimeter, Crawl Space
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Mountain View
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $223,987
- Annual tax amount: $935
- Date on market: 3/6/2026
- Cumulative days on market: 49 days
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $540,000-4.4%$369/sqft |
Source:  NNRMLS #260002500 Report a problem | ||
| 3/11/2026 | Contingent | $565,000$386/sqft |
Source: NNRMLS #260002500 Report a problem | ||
| 3/6/2026 | Listed for sale | $565,000$386/sqft |
Source: NNRMLS #260002500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $935 +2.8% | $78,395 +0.2% |
| 2025 | $910 +2.9% | $78,235 +0.4% |
| 2024 | $884 +2.2% | $77,950 -0.7% |
| 2023 | $865 +2.6% | $78,490 +25.2% |
| 2022 | $843 +3.3% | $62,706 +30.4% |
| 2021 | $816 +2.9% | $48,092 |
| 2020 | $793 -2.8% | -- |
| 2019 | $816 +2.9% | $41,197 +31.5% |
| 2018 | $793 +9% | $31,318 +0.8% |
| 2017 | $727 | $31,066 +7% |
| 2016 | $727 | $29,036 +17.2% |
| 2015 | $727 +270.8% | $24,779 +8.3% |
| 2014 | $196 -72.3% | $22,883 +10.6% |
| 2013 | $708 | $20,698 |
| 2012 | -- | $20,698 +2.6% |
| 2011 | -- | $20,170 -1% |
| 2010 | -- | $20,380 -37.7% |
| 2009 | -- | $32,708 +2.6% |
| 2006 | -- | $31,888 +4.1% |
| 2005 | -- | $30,624 +3.8% |
| 2004 | -- | $29,496 -0.6% |
| 2003 | -- | $29,673 +0.4% |
| 2002 | -- | $29,564 |
| 2001 | -- | $29,564 |
Find assessor info on the county website
Neighborhood: East Reno
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Nearby schools
GreatSchools rating
- 2/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 0.9 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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Estimated market value
$539,000
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Estimated market value
$539,000
- Nevada
- Washoe County
- Reno
- 89502
- East Reno
- 755 Balzar Cir
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