This 4-plex has been completely remolded about 7 years ago from LVP flooring, cabinets, baseboards heaters, appliance, ac wall units, new Pella windows. The property is fully occupied and brings in 5000 plus 236 a month for utility reimbursement for sewer and trash every month. The gross cap rate is 7.3 percent before expenses. (pictures of the units are before tenants occupied)
Property Details
Price:
$850,000
MLS #:
250057485
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Sun Acres 1
Listed Date:
Oct 24, 2025
Total Sq Ft:
3,712
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1978
Units:
4
See this Listing
Schools
Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte
Interior
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer
Cooling
Wall/Window Unit(s)
Flooring
Vinyl
Heating
Forced Air
Laundry Features
Varies By Unit
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
Assigned
Roof
Composition, Pitched, Shingle
Security Features
Smoke Detector(s)
Financial
Taxes
$2,074
Map
Community
- Address3976 Neil Road Reno NV
- SubdivisionSun Acres 1
- CityReno
- CountyWashoe
- Zip Code89502
Market Summary
Current real estate data for Multi Family in Reno as of Nov 05, 2025
25
Multi Family Listed
100
Avg DOM
$893,676
Avg List Price
Property Summary
- Located in the Sun Acres 1 subdivision, 3976 Neil Road Reno NV is a Multi Family for sale in Reno, NV, 89502. It is listed for $850,000
Similar Listings Nearby
Courtesy of Chase International-Damonte. 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. 3976 Neil Road
Reno, NV