1012 Ralston St, Unit 1010 1010 1/2 1012

Reno, NV 89503

$615,000
Last Sold Price
5
Beds
5
Baths
2,038 Sq. Ft.
$302 / Sq. Ft.
2,038
Sq. Ft.
$302
per Sq. Ft.
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Closed 5/21/24
Closed 5/21/24
a front view of a house with garden and patio
a house that has a tree in front of it
a front view of a house with garden

Description

Welcome to this fantastic 3-unit property strategically positioned in the vicinity of UNR, offering a lucrative investment opportunity. The main building is a well-maintained duplex, each unit boasting 2 spacious bedrooms & 1 bathroom. Adding to the allure of this property is the converted garage nestled in the rear alley. This additional unit offers 1 bedroom & 1 bathroom, providing supplementary rental income potential. While unpermitted, this unit presents a unique opportunity for investors to...Welcome to this fantastic 3-unit property strategically positioned in the vicinity of UNR, offering a lucrative investment opportunity. The main building is a well-maintained duplex, each unit boasting 2 spacious bedrooms & 1 bathroom. Adding to the allure of this property is the converted garage nestled in the rear alley. This additional unit offers 1 bedroom & 1 bathroom, providing supplementary rental income potential. While unpermitted, this unit presents a unique opportunity for investors to maximize, their returns with minimal investment. All units have been upgraded with new windows, paints, flooring and more within the last 6 months. Mini-split heating/AC unit installed in one of the duplex units. All units feature ample living space, functional kitchens, and comfortable bedrooms, ensuring tenants enjoy a cozy living experience. With separate entrances for each unit, privacy and convenience are paramount for occupants.
  1. Listed by Lacie Carl • Clark Real Estate & Inv.
    P: (775)-544-6897 lacie@clarkrealestatenv.com
  2. Listed by Charles Clark • Clark Real Estate & Inv.
    P: (775)-828-3355 cork@clarkrealestatenv.com

Property Details for 1012 Ralston Street, Unit 1010 1010 1/2 1012

Zoning
Nc
LISTING CLOSED: 05/21/2024 12:00 AM

Property Details for 1012 Ralston Street, Unit 1010 1010 1/2 1012

StatusClosed
MLS #240004457
Days on Compass28
Taxes$1,102 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.16 AC / 6,969 SF
CountyWashoe County
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Location

Listing Courtesy of Clark Real Estate & Inv., Lacie Carl, License #S.184410; Clark Real Estate & Inv., Charles Clark, License #B.17093

Sold By NextHome Yourpickettfence Group, Tayona Tate, License #B.146206

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Building Information for 1012 Ralston Street, Unit 1010 1010 1/2 1012

Stories1Residences3Year Built1946Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

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$3,156 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,065

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1012 Ralston Street, Unit 1010 1010 1/2 1012

Summary
Location and General Information
  • Directions: Ralston between 10th and 11th Street
  • Address:Parcel Number: 00714412
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,102
  • Tax Legal:Elementary School: Elmcrest
  • Tax Legal:Middle Or Junior School: Clayton
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $1,102
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: Nc
  • Tax Legal:Directions: Ralston between 10th and 11th Street
  • AssociationCommunity:Number Of Buildings: 2.0
Parking
  • Attached Garage YN: No
  • Parking Features: Alley Access, Common, None
  • Parking Total: 0.0
  • Parking Information:Parking Total: 0.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Common: Yes
  • Parking Features:None: Yes
School Information
  • Elementary School: Elmcrest
  • High School: Reno
  • Middle Or Junior School: Clayton
Property
Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2038.0
  • Lot:Lot Size Acres: 0.16
  • Lot:Lot Size Square Feet: 6969.6
Property and Assessments
  • Parcel Number: 00714412
  • Possession: Subject To Tenant Rights
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1946
  • Number Of Buildings: 2
  • Possession:Subject To Tenant Rights: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Separate Water Meters YN: Yes
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: No
Interior and Exterior Features
Exterior Features
  • Stories: 1
  • Construction Materials: Frame, Masonry Veneer
  • Fencing: Back Yard, Front Yard, Full, Partial
  • Foundation Details: Crawl Space
  • Other Structures: Shed(s), Storage
  • Roof: Composition, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 1.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Masonry Veneer: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Front Yard: Yes
  • Fencing:Full: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Crawl Space: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Storage: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
Interior Features
  • Cooling: Wall/Window Unit(s), Varies By Unit
  • Cooling YN: Yes
  • Flooring: Carpet, Laminate
  • Heating: Forced Air, Natural Gas, Varies By Unit
  • Heating YN: Yes
  • Laundry Features: None
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Disposal, Gas Range, Refrigerator
  • Interior:Building Area Total: 2038.0
  • Interior:Building Area Source: Assessor
  • Cooling:Varies By Unit: Yes
  • Cooling:Wall/Window Unit(s): Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Varies By Unit: Yes
  • Appliances:Disposal: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:None: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $4,996
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $39,404
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $44,400
  • Income and Expenses:Net Operating Income: $39,404
  • Income and Expenses:Total Annual Expenses: $4,996
  • Income and Expenses:Vacancy Allowance: $0
Multi Family Information
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 1012 Ralston Street, Unit 1010 1010 1/2 1012

DateEvent & SourcePriceAppreciation
May 21, 2024

Sold

NNRMLS #240004457

$615,000—
Apr 25, 2024

Pending

NNRMLS #240004457

—
Apr 24, 2024

Listed (Active)

NNRMLS #240004457

$650,000—
DateEvent & SourcePrice
05/21/2024

Sold

NNRMLS #240004457

$615,000
04/25/2024

Pending

NNRMLS #240004457

—
04/24/2024

Listed (Active)

NNRMLS #240004457

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1012 Ralston Street, Unit 1010 1010 1/2 1012

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Peavine Elementary School
Public - PK to 5
Archie Clayton Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Washoe Innovations Academy
Public - PK to 12
Rating
School
Distance
Peavine Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Clark Real Estate & Inv., Lacie Carl, License #S.184410; Clark Real Estate & Inv., Charles Clark, License #B.17093

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.