This listing includes one parcel with ALL of the following: one stick built home with a detached in-law suite, three manufactured homes on eight-point foundations, two RV spaces with 5th wheels, AND a coin-op laundry. Gross rents are $9650 per month. These long-term tenants are wonderful; please do disturb. Proof of funds are required to view this property and listing agent must attend showings. Units are individually sub-metered. Act fast and 4bd/2bth unit can be delivered vacant for buyer to occupy!, Addresses included in this listing at this price: 1930 Carolyn Way + 1950, 1970, and 1990. The income being generated from this property is huge and has been verified. Long term leases are in hand. The property is adjacent to undeveloped private land with quiet solitude and beautiful views. Net taxes on property are approximately $1600 per year in current configuration. Owner-occupied loan programs may apply with 20% down.
Property Details
Price:
$895,000
MLS #:
240010529
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Rolling Hills Ranchos 4
Listed Date:
Aug 17, 2024
Finished Sq Ft:
7,500
Total Sq Ft:
7,500
Lot Size:
46,174 sqft / 1.06 acres (approx)
Year Built:
1980
Units:
4
See this Listing
Schools
Elementary School:
Smith, Alice
Middle School:
OBrien
High School:
North Valleys
Interior
Appliances
Oven, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Cooling
Electric, Varies By Unit
Flooring
Varies
Heating
Baseboard, Electric, Forced Air, Natural Gas, Varies By Unit
Laundry Features
Varies By Unit
Exterior
Construction Materials
Stone, Stucco, Masonry Veneer
Parking Features
Carport, Tandem, Varies by Unit
Parking Spots
12
Roof
Composition, Flat, Pitched, Shingle
Financial
Taxes
$1,600
Map
Community
- Address1950 Carolyn Way Reno NV
- SubdivisionRolling Hills Ranchos 4
- CityReno
- CountyWashoe
- Zip Code89506
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Market Summary
Current real estate data for Multi Family in Reno as of Aug 12, 2025
41
Multi Family Listed
95
Avg DOM
392
Avg $ / SqFt
$913,171
Avg List Price
Property Summary
- Located in the Rolling Hills Ranchos 4 subdivision, 1950 Carolyn Way Reno NV is a Multi Family for sale in Reno, NV, 89506. It is listed for $895,000
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Similar Listings Nearby
Courtesy of Dickson Realty – Downtown. 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. 1950 Carolyn Way
Reno, NV
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