1045 Riverside Dr

Reno, NV 89503

$4,100,000
Price
8
Beds
9,679 Sq. Ft.
$424 / Sq. Ft.
9,679
Sq. Ft.
$424
per Sq. Ft.

Description

Welcome to Loomis Manor at 1045 Riverside Dr, a prime multifamily investment property located in one of Reno’s most sought-after areas, across from the picturesque Truckee River. This building offers an exceptional location within walking distance of Downtown Reno, the Riverwalk district, and the scenic parks along the river. It's surrounded by numerous restaurants, retail shops, and recreational opportunities, making it an ideal choice for renters looking to live in a vibrant and convenient neighborhood.Welcome to Loomis Manor at 1045 Riverside Dr, a prime multifamily investment property located in one of Reno’s most sought-after areas, across from the picturesque Truckee River. This building offers an exceptional location within walking distance of Downtown Reno, the Riverwalk district, and the scenic parks along the river. It's surrounded by numerous restaurants, retail shops, and recreational opportunities, making it an ideal choice for renters looking to live in a vibrant and convenient neighborhood.

Property Details for 1045 Riverside Drive

Zoning Actual
MF30
Total Parking Capacity
20
LISTING UPDATED: 04/01/2025 11:12 PM

Property Details for 1045 Riverside Drive

StatusActive
MLS #250003918
Days on Compass272
Taxes$8,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1934
Lot Size0.44 AC / 19,166 SF
CountyWashoe County

Location

Listing Courtesy of Marmot Properties, LLC, Christopher Moton, License #12768; Marmot Properties, LLC, Batuhan Zadeh, License #11311
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Building Information for 1045 Riverside Drive

Stories2Residences-Year Built1934Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$20,979 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,260

Property Taxes

$719

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1045 Riverside Drive

Summary
Location and General Information
  • Geo Latitude: 39.520779
  • Geo Longitude: -119.82549
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 1045 Riverside Dr
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1045 Riverside Dr
  • County: Washoe
  • Elementary School: Hunter Lake
  • Middle School: Swope
  • High School: Reno
  • Xstreet/Directions: Keystone Ave
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: Yes
  • Taxes $: $8,630.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common, Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1934.0
  • Acreage: 0.44
  • Type of Property: Apartment Complex
  • Parcel #: 01108210
  • Complex Name: Loomis Manor
  • Gross Square Footage: 9679.0
Property and Assessments
  • Documents On File: Financial Statements, Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Wood Frame
  • HUD: No
  • Automated Valuation: No
  • Associated Document Count: 0
  • LVT Date: 03-28-2025
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Natural Gas, Radiator
  • Water Heater: Natural Gas
  • Windows: Double Pane, Single Pane, Varies by Unit
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Primary Meter-Water, Central Water Heaters, Primary Heating/Cooling
  • Common Features: None
  • Unit Features: Smoke Detector
  • Appliances: Refrigerator, Oven/Range, Varies Per Unit
  • Laundry: Common
  • Flooring: Ceramic Tile, Carpet, Laminate, Varies by Unit
Exterior Features
  • Foundation: Basement/Finished
  • Exterior: Stucco
  • Roof: Flat
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail
  • Landscaped: Fully Landscaped
  • Sprinklers: Front, Yes
  • Fenced: Partial
Room
  • Studio - # Baths: 1
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 8
  • 1 Bedroom - SqFt/Unit: 625
  • 1 Bedroom - Avg Rent/Unit: 1371
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 10
  • Studio - SqFt/Unit: 468
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 1201
  • # Buildings: 1
  • # Units: 18
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $281,352.00
  • Net Operating Income: $.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 5
  • DOMLS: 5
  • Cumulative DOM: 5
  • Cumulative DOMLS: 5
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Chris Moton
  • Contact Phone: 775-870-7142
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Leases

Property History for 1045 Riverside Drive

DateEvent & SourcePriceAppreciation
Mar 27, 2025

Listed (Active)

NNRMLS #250003918

$4,100,000—
Sep 23, 2021

Sold (Public Record)

Public Record #1475871515

$2,570,000—
Dec 16, 2001

Sold

NNRMLS #107992

$895,000—
Dec 16, 2001

Pending

NNRMLS #107992

—
Sep 23, 2001

Listed (Active)

NNRMLS #107992

$895,000—
DateEvent & SourcePrice
03/27/2025

Listed (Active)

NNRMLS #250003918

$4,100,000
09/23/2021

Sold (Public Record)

Public Record #1475871515

$2,570,000
12/16/2001

Sold

NNRMLS #107992

$895,000
12/16/2001

Pending

NNRMLS #107992

—
09/23/2001

Listed (Active)

NNRMLS #107992

$895,000

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

Public Records for 1045 Riverside Drive

Taxable ValueLand$144,900Additions$112,982Total$257,882
Tax Record2024$7,921 ($660 / month)
Home Facts
Baths18Total Finished SqFt12,130 SqFtAbove Grade Finished SqFt9,679 SqFtFinished Basement SqFt2,451 SqFtStories2Lot Size13,286 SqFtStyleMulti-Family Dwelling (2-4)Year Built1934ZoningMF30CountyWASHOEAPN011-082-10

Schools near 1045 Riverside Drive

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Hunter Lake Elementary School
Public - K to 6
Darrell C Swope Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Innovations High School - 16510
Public - 9 to 12
Rating
School
Distance
Hunter Lake Elementary School
PublicK to 6

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Innovations High School - 16510
Public9 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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More information about 1045 Riverside Drive, Reno, NV 89503

1045 Riverside Drive is a multi-family home for sale in Reno, NV 89503. This property was listed for sale on March 28, 2025 by Marmot Properties, LLC, it's currently listed at $4,100,000. It has been on the market for a total of 272 days and was last sold on September 23, 2021. This listing's school district is Washoe County School District. Nearby schools include Hunter Lake Elementary School, Darrell C Swope Middle School and Reno High School. 1045 Riverside Drive is a 8-bed, 2-bath, 9,679 sqft multi-family home built in 1934.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marmot Properties, LLC, Christopher Moton, License #12768; Marmot Properties, LLC, Batuhan Zadeh, License #11311

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.