1052 Watt Street

Closed 5/31/19

Last Sold Price

$870,000

8 beds16 baths4,344 sqft$200/sqft

1052 Watt St, Reno, NV 89509

Description

Modern construction investment property located in the heart of Midtown. Amazing and rare opportunity in one of the most sought after parts of Reno! Great cap rate, designated parking & fire sprinklers. 4 units, each with 2 Bedrooms and a Full Bathroom. Do not disturb tenants, showing upon accepted offer only.Modern construction investment property located in the heart of Midtown. Amazing and rare opportunity in one of the most sought after parts of Reno! Great cap rate, designated parking & fire sprinklers. 4 units, each with 2 Bedrooms and a Full Bathroom. Do not disturb tenants, showing upon accepted offer only.

LISTING CLOSED: 05/31/2019 12:00 AM

Listed by Magda Martinez • HomeGate Realty of Reno
P: (775) 284-2615 magda@homegaterealty.com

Property Details for 1052 Watt Street

Status

Closed

MLS #

190004701

Days on Compass

Taxes

$5,148 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Residential Income

Year Built

2010

Lot Size

0.16 AC / 6,969 SF

County

Washoe County

Zoning

MUSV

Recent comparable sales

Median sold price

$840,000

Avg days on market

112

Sale-to-list ratio

92.0%

1/11

$640,000

Sold 05/06/25

8
Bedrooms: 16
Bathrooms: 3,432
Square Feet: 0.17
Acres

2285 Patton Drive, Reno, NV 89512

1/31

$1,000,000

Sold 04/16/25

8
Bedrooms: 8
Bathrooms: 4,445
Square Feet: 0.33
Acres

1003-1011 South Arlington Avenue, Reno, NV 89509

1/17

$2,590,000

Sold 10/25/24

8
Bedrooms: 1
Bathrooms: 4,212
Square Feet: 0.16
Acres

635 Plumas Street, Reno, NV 89509

a view of a car parked in front of a house

1/7

$820,000

Sold 04/28/25

8
Bedrooms: 32
Bathrooms: 3,280
Square Feet: 0.20
Acres

1955 Villanova Drive, Reno, NV 89502

1/13

$740,000

Sold 09/18/24

8
Bedrooms: 4
Bathrooms: 3,008
Square Feet: 0.15
Acres

3589 Mazzone Avenue, Reno, NV 89502

a view of a house with a snow in the yard

1/31

$840,000

Sold 06/10/25

8
Bedrooms: Unavailable
Bathrooms: 2,438
Square Feet: 0.15
Acres

2017 Valley Road, Reno, NV 89512

1/3

$920,000

Sold 04/24/26

8
Bedrooms: 4
Bathrooms: 3,250
Square Feet: 0.11
Acres

540 Monroe Street, Reno, NV 89509

1/12

$650,000

Sold 11/14/25

8
Bedrooms: 4
Bathrooms: 3,600
Square Feet: 0.14
Acres

3590 Carlos Lane, Reno, NV 89502

1/50

$1,015,000

Sold 05/01/26

8
Bedrooms: 4
Bathrooms: 2,928
Square Feet: 0.3
Acres

1081 Brinkby Avenue, Reno, NV 89509

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Location

Listing Courtesy of HomeGate Realty of Reno, Magda Martinez, License #S.44936

Sold By RE/MAX Professionals-Reno, Donal Minihan, License #S.174259

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Building Information for 1052 Watt Street

Stories2Residences4Year Built2010Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

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$4,851 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,422

Property Taxes

$429

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 1052 Watt Street

Summary

Location and General Information

Directions: Mary & Watt
Address:Parcel Number: 01406222

Taxes and HOA

Association Fee: $0
Tax Annual Amount: $5,148

Tax Legal:Tax Annual Amount: $5,148
Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
Tax Legal:Zoning: MUSV
Tax Legal:Directions: Mary & Watt
AssociationCommunity:Number Of Buildings: 1.0

Parking

Attached Garage YN: No
Parking Features: Assigned

Parking Total: 4.0
Parking Information:Parking Total: 4.0
Parking Features:Assigned: Yes

Property

Lot Information

Lot Features: Landscaped, Other
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: 4344.0
Lot:Lot Size Acres: 0.16
Lot:Lot Size Square Feet: 6969.6
Lot Features:Landscaped: Yes
Lot Features:Other: Yes

Property and Assessments

Parcel Number: 01406222
Possession: Subject To Tenant Rights

Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Property Type: Residential Income
Year Built: 2010
Number Of Buildings: 1
Possession:Subject To Tenant Rights: Yes
Road Frontage Type:Public: Yes
Road Responsibility:Public Maintained Road: Yes

Utilities

Sewer: Public Sewer
Utilities: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed

Utilities:Heating YN: 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
Utilities:Water Meter Installed: 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: No
Meter Information:Separate Water Heaters YN: No
Meter Information:One Primary Electric Meter YN: No
Meter Information:One Primary Gas Meter YN: No
Meter Information:One Primary Water Meter YN: Yes

Interior and Exterior Features

Exterior Features

Patio And Porch Features: Patio, Deck
Stories: 2

Construction Materials: Frame, Stucco
Fencing: None
Foundation Details: Crawl Space
Other Equipment: Varies By Unit
Roof: Composition, Pitched, Shingle
Security Features: Fire Sprinkler System
Window Features: Double Pane Windows
Building:Number Of Units Total: 4.0
Building:Stories: 2.0
Construction Materials:Frame: Yes
Construction Materials:Stucco: Yes
Fencing:None: Yes
Foundation Details:Crawl Space: Yes
Other Equipment:Varies By Unit: Yes
Outdoor Living Spaces:Deck: Yes
Outdoor Living Spaces:Patio: Yes
Roof:Composition: Yes
Roof:Pitched: Yes
Roof:Shingle: Yes
Security Features:Fire Sprinkler System: Yes
Window Features:Double Pane Windows: Yes

Interior Features

Flooring: Carpet, Ceramic Tile, Laminate
Heating: Natural Gas

Heating YN: Yes
Laundry Features: Washer Hookup
Bathrooms Total Integer: 0
Bathrooms Total Decimal: 0.0
Bathrooms Total Notational: 0.0
Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
Interior:Building Area Total: 4344.0
Interior:Building Area Source: Assessor
Flooring:Carpet: Yes
Flooring:Ceramic Tile: Yes
Flooring:Laminate: Yes
Heating:Natural Gas: Yes
Appliances:Dishwasher: Yes
Appliances:Disposal: Yes
Appliances:Dryer: Yes
Appliances:Gas Range: Yes
Appliances:Oven: Yes
Appliances:Refrigerator: Yes
Appliances:Washer: Yes
Laundry Features:Washer Hookup: Yes

Multi Family

Income & Expenses

Total Annual Operating Expenses: $21,712
Gross Scheduled Income: $53,626

Net Operating Income: $31,914
Income and Expenses:Income Info Withheld YN: No
Income and Expenses:Annual Debt Service: 0.0
Income and Expenses:Gross Scheduled Income: $53,626
Income and Expenses:Net Operating Income: $31,914
Income and Expenses:Total Annual Expenses: $21,712
Income and Expenses:Vacancy Allowance: $0

Multi Family Information

Number Of Units Total: 4

Property History for 1052 Watt Street

Date	Event & Source	Price	Appreciation
May 31, 2019	Sold (Public Record) Public Record #645610327	$870,000	+10.2% / yr
May 31, 2019	Sold NNRMLS #190004701	$870,000	—
Apr 16, 2019	Pending NNRMLS #190004701		—
Apr 11, 2019	Listed (Active) NNRMLS #190004701	$825,000	—
Aug 1, 2014	Sold NNRMLS #140007844	$545,000	—
Jul 31, 2014	Sold (Public Record) Public Record #421174819	$545,000	+24.7% / yr
Jun 26, 2014	Pending NNRMLS #140007844		—
Jun 9, 2014	Listed (Active) NNRMLS #140007844	$599,000	—
Sep 26, 2008	Sold (Public Record) Public Record #254776821	$150,000	—

Date	Event & Source	Price
05/31/2019	Sold (Public Record) Public Record #645610327	$870,000 +10.2% / yr
05/31/2019	Sold NNRMLS #190004701	$870,000
04/16/2019	Pending NNRMLS #190004701	—
04/11/2019	Listed (Active) NNRMLS #190004701	$825,000
08/01/2014	Sold NNRMLS #140007844	$545,000
07/31/2014	Sold (Public Record) Public Record #421174819	$545,000 +24.7% / yr
06/26/2014	Pending NNRMLS #140007844	—
06/09/2014	Listed (Active) NNRMLS #140007844	$599,000
09/26/2008	Sold (Public Record) Public Record #254776821	$150,000

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

Public Records for 1052 Watt Street

Taxable ValueLand$84,000Additions$170,723Total$254,723

Tax Record2025$7,925 ($660 / month)

Home Facts

Baths4Total Finished SqFt4,344 SqFtAbove Grade Finished SqFt4,344 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built2010ZoningMU-MCCountyWASHOEAPN014-062-22

Schools near 1052 Watt Street

This home is within Washoe County School District.


Rating	School	Type	Grades	Distance
9/10	Mount Rose Elementary School	Public - Serves this home	K to 8	0.4 mi
6/10	Darrell C Swope Middle School	Public - Serves this home	6 to 8	2.0 mi
7/10	Reno High School	Public - Serves this home	9 to 12	1.1 mi
NR	Washoe Innovations Academy	Public - Nearby school	PK to 12	1.1 mi
1/10	Innovations High School - 16510	Public - Nearby school	9 to 12	1.1 mi
3/10	Encompass Academy	Charter - Choice school	9 to 12	1.3 mi
NR	Our Lady of the Snows Catholic School	Private - Nearby school	K to 8	0.3 mi
NR	Our Lady Of The Snows School	Private - Nearby school	K to 8	0.3 mi


Rating	School	Distance
9/10	Mount Rose Elementary School PublicK to 8 Serves this home	0.4 mi
6/10	Darrell C Swope Middle School Public6 to 8 Serves this home	2.0 mi
7/10	Reno High School Public9 to 12 Serves this home	1.1 mi
NR	Washoe Innovations Academy PublicPK to 12 Nearby school	1.1 mi
1/10	Innovations High School - 16510 Public9 to 12 Nearby school	1.1 mi
3/10	Encompass Academy Charter9 to 12 Choice school	1.3 mi
NR	Our Lady of the Snows Catholic School PrivateK to 8 Nearby school	0.3 mi
NR	Our Lady Of The Snows School PrivateK to 8 Nearby school	0.3 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1052 Watt Street, Reno, NV 89509	$870,000	8	16	4,344	6,969
1046 Watt Street, Reno, NV 89509	$344,900	2	1	903	3,484
1054 Watt Street, Reno, NV 89509	$170,000	2	1	1,028	6,969
1048-1050 Watt Street, Reno, NV 89509	$218,000	2	4	476	24,524,280
1032 Watt Street, Reno, NV 89509	–	–	1	936	6,970
1058 Watt Street, Reno, NV 89509	–	–	12	6,834	10,193
1045 Watt Street, Reno, NV 89509	–	–	–	–	5,924
1026 Watt Street, Reno, NV 89509	–	–	1	928	6,970
1039 Watt Street, Reno, NV 89509	–	2	1	853	3,944
1041 Watt Street, Reno, NV 89509	$125,000	–	–	–	12,632
1045 Watt Street, Unit A, Reno, NV 89509	–	–	12	8,268	13,960
1027 Haskell Street, Reno, NV 89509	$238,000	2	1	882	6,969
139 1/2 Caliente Street, Reno, NV 89509	$97,500	1	1	420	2,500
1021 Haskell Street, Reno, NV 89509	$1,300,000	6	1	4,380	6,969
1053 Haskell Street, Reno, NV 89509	–	2	1	874	6,970
1024 Watt Street, Reno, NV 89509	–	–	1	898	6,970

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Listing Courtesy of HomeGate Realty of Reno, Magda Martinez, License #S.44936

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.

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