5 months on rocket

1101 E Taylor St, Reno, NV, 89502

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1101 E Taylor St, Reno$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDesignated Parking
Year Built1962
HeatingElectric, Forced Air, Wall Furnace
CoolingAir Unit
MLS #240008564
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 1101 E Taylor St

Charming Turn-Key Multifamily Investment Near Midtown Reno and Renown Hospital. Welcome to an excellent investment opportunity in the heart of Reno. This listing features a well-maintained, fully renovated multifamily property with six spacious 2 bed/1 bath units, ideal for investors looking for hassle-free ownership. Built in 1962, this property has a total of 4,760 square feet, with a solid gross annual income of $111,744 and 4.5% cap rate with upside potential.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: Address Income
  • Office Phone: (775) 233-0754
  • Listing Agent: Trevor Richardson

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Flooring Type: Laminate
  • Interior: Smoke Detector

Exterior Features

Parking Information:

  • Parking: Designated Parking

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Wall Furnace
  • Cooling: Air Unit

Other

Directions Information:

  • Directions: Yori Ave & E Taylor St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $2,285
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Reno, NV.

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Reno, NV

City

Med. Sold Price

$573.8K

Med. Price/SqFt

$326

Avg. Days On Market

90

# of Sold Homes

240

1101 E Taylor St vs Reno

163 DAYS ON ROCKET

+73 Days

$1,900,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240008564

Listing Office:

  • Office Name: Address Income
  • Office Phone: (775) 233-0754
  • Listing Agent: Trevor Richardson

IDX Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 29, 2020Home Sold
$1,220,000
Feb 05, 2020Home Sold
$900,000
Jul 17, 2001Home Sold
$310,000
Jul 25, 2000Home Sold
$290,000
Dec 23, 1998Home Sold
$351,500
Sep 28, 1993Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,285$75,881
2019$1,739$71,662
2018$1,693$62,231
2017$1,656$62,072

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-80411
3
/10

  • Libby C. Booth Elementary School

  • 1450 Stewart St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-80412
5
/10

  • Veterans Memorial STEM Academy

  • 1200 Locust St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-80413
4
/10

  • Roger Corbett Elementary School

  • 1901 Villanova Dr

  • 0.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,199. Typical income of Reno, NV residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89502›1101 E Taylor St

This home is located at 1101 E Taylor St in Reno, NV and zip code 89502. This home, which was built in 1962, sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $1,900,000.

In November 2024, from all listings sold in Reno, NV there were more than 43 sold above asking price, over 131 sold below and more than 66 were sold right at the asked price. In November 2024 in Reno, NV there were 3.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $573,827, while the average time on the real estate market was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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