13 days on rocket

1461 E 7th St, Reno, NV, 89512

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi

Location

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1461 E 7th St, Reno$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Common, Garage
Attached GarageYes
Year Built1932
HeatingBaseboard, Electric, Forced Air, Wall Furnace
CoolingCentral Air, Evaporative Cooling
MLS #240015069
Lot Size0.33 Acres
StatusActive
(Under Contract-No Show)

About 1461 E 7th St

Drive By Only! Please Do Not Disturb Tenants! All Viewings Can Take Place Within 3 Days Of Accepted Offer. Investment Opportunity in Reno! This multi-family property features four separate units on one parcel, making it a prime option for investors or owner-occupiers seeking rental income. The property includes one studio, two 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, offering a versatile mix to attract a variety of tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 1

Listing Office:

  • Office Name: HomeGate Realty of Reno
  • Office Phone: (775) 856-4663
  • Listing Agent: Alan Hoffman

Interior Features

Interior Information:

  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Flooring Type: Carpet, Sheet Vinyl
  • Interior: Skylight, Smoke Detector

Exterior Features

Exterior Information:

  • Exterior: Patio/Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Common, Garage

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Forced Air, Wall Furnace
  • Cooling: Central Air, Evaporative Cooling

Other

Directions Information:

  • Directions: Sutro St - E. 7th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $1,900
  • 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

1461 E 7th St vs Reno

13 DAYS ON ROCKET

-77 Days

$450,000

-$123.8K Less

KEY TAKEAWAY

This property is $123.8K less than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240015069

Listing Office:

  • Office Name: HomeGate Realty of Reno
  • Office Phone: (775) 856-4663
  • Listing Agent: Alan Hoffman

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, 5:21:07 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

Apr 07, 2020Home Sold
$46,829
Oct 31, 2012Home Sold
$48,000
Nov 16, 2010Home Sold
$11,483
Aug 30, 1996Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,900$51,833
2019$1,698$49,862
2018$1,652$54,423
2017$1,608$47,501

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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-60491
3
/10

  • Glenn Duncan STEM Academy

  • 1200 Montello St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-60492
3
/10

  • Bernice Mathews Elementary School

  • 2750 Elementary Dr

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-60493
9
/10

  • Coral Academy Elementary School

  • 1701 Valley Rd

  • 0.93 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,197. Most Reno, NV residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89512›1461 E 7th St

This home is located at 1461 E 7th St in Reno, NV and zip code 89512. This home, which was built in 1932, sits on a 0.33 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $450,000.

Over 43 listings were sold over their listed price in November 2024 in Reno, NV. In the same period over 131 listings were sold below the listed price and 66 listings were sold for the listed price. The number of homes for sale in Reno, NV decreased by 3.6% between October 2024 and November 2024. In November 2024 median list price was $573,827 and the average listing age was 90 days.

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

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