3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple—ask us for it.
Property Details
Price:
$940,000
MLS #:
250054938
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Listed Date:
Aug 22, 2025
Total Sq Ft:
3,720
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1994
Units:
4
See this Listing
Schools
Elementary School:
Empire
Middle School:
Eagle Valley
High School:
Carson
Interior
Appliances
Oven, ENERGY STAR Qualified Appliances, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Cooling
Wall/Window Unit(s)
Flooring
Carpet, Luxury Vinyl, Vinyl
Heating
Forced Air
Laundry Features
In Kitchen
Exterior
Construction Materials
Frame, Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
Common
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial
Taxes
$3,963
Map
Community
- Address3905 Pheasant Drive Carson City NV
- CityCarson City
- CountyCarson City
- Zip Code89701
Market Summary
Current real estate data for Multi Family in Carson City as of Oct 28, 2025
4
Multi Family Listed
168
Avg DOM
$869,475
Avg List Price
Property Summary
- 3905 Pheasant Drive Carson City NV is a Multi Family for sale in Carson City, NV, 89701. It is listed for $940,000
Similar Listings Nearby
Courtesy of Address Income. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Northern Nevada Regional MLS. All rights reserved. 3905 Pheasant Drive
Carson City, NV