The Sherman Four Plex in Carson City, NV is a unique opportunity to acquire to contiguous duplex buildings in one transaction. The 4-plex offers all 2 bedroom 2 bathroom units, secured 2 car garage parking for each unit, in unit laundry hookups, and fenced yards. All these are very attractive features for potential tenants and the current rents are below market leaving upside to the next Buyer. Each duplex is on its own APN and the legal addresses are 4240 & 4264 Sherman Lane. Carson City is a popular rental submarket and is the state capital of Nevada and houses many government buildings, legislative meetings, and is a short distance to Tahoe Reno Industrial Center (the largest industrial park in the world) and South Lake Tahoe. The area sees many residences and visitors seeking both employment, recreation and business.
Property Details
Price:
$1,350,000
MLS #:
260010400
Status:
Active
Beds:
8
Baths:
1106
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Empire Terrace
Listed Date:
Aug 12, 2026
Total Sq Ft:
4,400
Lot Size:
7,405 sqft / 0.38 acres (approx)
Year Built:
1992
Units:
4
See this Listing
Schools
Elementary School:
Mark Twain
Middle School:
Eagle Valley
High School:
Carson
Interior
Appliances
Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Gas Range, Refrigerator
Cooling
Evaporative Cooling
Flooring
Carpet, Ceramic Tile, Vinyl
Heating
Forced Air, Natural Gas
Laundry Features
In Unit, Washer Hookup
Levels
One
Exterior
Construction Materials
Frame, Wood Siding
Exterior Features
None
Fencing
Back Yard
Lot Features
Landscaped
Other Structures
None
Parking Features
Garage
Parking Spots
8
Parking Total
8
Roof
Composition, Pitched, Shingle
Security Features
Smoke Detector(s)
Stories
1
Window Features
Double Pane Windows, Vinyl Frames
Financial
Taxes
$3,047
Map
Community
- Address4240 Sherman Lane Carson City NV
- SubdivisionEmpire Terrace
- CityCarson City
- CountyCarson City
- Zip Code89706
Subdivisions in Carson City
- Alpine View Estates
- Andersen Heights
- Andersen Ranch, Common Open Space Dev
- Arbor Villas Phase 1
- Arbor Villas Phase 2
- Blackstone Ranch
- Carson Park Condominium
- Clear Creek Tahoe
- Corbett Addition
- Cottages At Indian Hills
- Country Village
- Eagle Highlands
- East Addition Eagle Valley Vista
- Empire Estates #1
- Empire Estates #2
- Empire Terrace
- Evans North Addition
- Floral Grove @ Timberline
- Freedom Ranch
- Frontier Deluxe
- Greenridge #4
- Heritage Park Ph 2 P.U.D
- Heritage Park Ph 6 P.U.D.
- Hidden Meadow Estates #2
- Hidden Meadow P.U.D.
- Highland Estates
- Indian Hills Plaza
- Industrial Air Park
- Jackson Village
- Kings Canyon
- Kings Canyon Park #1
- Lahontan Unit #1
- Lake Glen Manor P.U.D.
- Lakeview
- Lakeview Knolls
- Lakeview Meadows
- Lewis #3
- Little Lane Village
- Little Lane Village Phase 2
- Lompa Estates #1
- Longview
- Manzanita Heights
- Mark Twain #2
- Meyer
- Millennium @ State Street
- Mills Landing Townhouses Phase 2
- Minden Town Of
- Mountain Park
- Mountain Park #2
- Mountain Park #8
- Mountain View
- Musser Division
- North Dc
- Northridge Phase 4
- Park Terrace
- Park Terrace Unit 2-D
- Pennington
- Phillips Addition
- Proctor & Green Division
- Rice & Peters Addition
- Riverview Terrace P.U.D.
- Ross #2
- Schulz Ranch
- Schwartz
- Sears, Thompson & Sears Division
- Sheffield Manor
- Sierra View Estates
- Silver Bell
- Silver Oak
- Silverado Heights
- Stonegate Estates
- Sunridge Heights
- Tanstaafl Unit #2
- The Commons South
- University Heights
- Valley Knolls
- Valley Park Addition
- Valley View
- Valley Vista Estates
- Valley Vista Ii
- Valley Vista Village P.U.D
- Vista Grande
Market Summary
Current real estate data for Multi Family in Carson City as of Nov 04, 2026
13
Multi Family Listed
94
Avg DOM
$903,215
Avg List Price
Property Summary
- Located in the Empire Terrace subdivision, 4240 Sherman Lane Carson City NV is a Multi Family for sale in Carson City, NV, 89706. It is listed for $1,350,000
Similar Listings Nearby
Courtesy of RE/MAX Gold. 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 2026. Northern Nevada Regional MLS. All rights reserved. 4240 Sherman Lane
Carson City, NV