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531 Mill St, Reno, NV, 89052

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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531 Mill St, Reno$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport, Varies Per Unit
Year Built1932
HeatingNatural Gas, Forced Air, Varies By Unit
CoolingCentral Air, Varies By Unit
MLS #240013036
Lot Size0.16 Acres
StatusActive
(Under Contract-Show)

About 531 Mill St

3-Unit Brick Investment Property Minutes Away from Reno’s Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 2

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 391-9076
  • Listing Agent: Laura Kirsch

Interior Features

Interior Information:

  • Appliances: Oven/Range, Refrigerator
  • Flooring Type: Laminate, Varies by Unit, Wood
  • Interior: Smoke Detector

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Varies Per Unit

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Varies By Unit
  • Cooling: Central Air, Varies By Unit

Other

Directions Information:

  • Directions: High St & Mill St

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $1,449
  • 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

$570.6K

Med. Price/SqFt

$323

Avg. Days On Market

78

# of Sold Homes

304

531 Mill St vs Reno

38 DAYS ON ROCKET

-40 Days

$950,000

+$379.3K More

KEY TAKEAWAY

This property is $379.3K more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240013036

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 391-9076
  • Listing Agent: Laura Kirsch

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: 11/18/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 23, 2019Home Sold
$489,000
Apr 17, 2007Home Sold
$345,000
Sep 05, 2000Home Sold
$942,500
Dec 31, 1998Home Sold
$300,000
Jun 11, 1998Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,449$59,862
2019$1,326$57,245
2018$1,296$45,015
2017$1,244$40,089

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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-715104
3
/10

  • Libby C. Booth Elementary School

  • 1450 Stewart St

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-715105
5
/10

  • Veterans Memorial STEM Academy

  • 1200 Locust St

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-715106
9
/10

  • Mount Rose Elementary School

  • 915 Lander St

  • 0.95 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 $19,797. Residents of Reno, NV typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89052›531 Mill St

This home is located at 531 Mill St in Reno, NV and zip code 89052 in the Downtown Reno Regional Center neighborhood. This home, which was built in 1932, sits on a 0.16 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $950,000.

Over 51 listings were sold over their listed price in October 2024 in Reno, NV. In the same period over 165 listings were sold below the listed price and 88 listings were sold for the listed price. In October 2024 in Reno, NV there were 1.9% more homes for sale than in September 2024. In October 2024 median list price was $570,655 and the average listing age was 78 days.

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

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