Sold
Last Sold Price
7 beds3,613 sqft$180/sqft
131 W Arroyo St, Reno, NV 89509
Multi FamilyProperty Type
6,969 sq ftLot Size
1973Year Built
$180/sq ftPrice per sq ft
9 carsParking Spaces

Description

Make offers subject to inspection and tenants rights. The five one bedroom units are all furnished and the rents are low. There are four units @ $425 & one @$450. New paint and carpet in the five one bedroom units within the last few years, pride of ownership! You won't find nicer units for the money! Property is sold "as is". Sellers are related to listing broker. Owner may carry with substantial down.Make offers subject to inspection and tenants rights. The five one bedroom units are all furnished and the rents are low. There are four units @ $425 & one @$450. New paint and carpet in the five one bedroom units within the last few years, pride of ownership! You won't find nicer units for the money! Property is sold "as is". Sellers are related to listing broker. Owner may carry with substantial down.
  • Listed by: Ruth Ward-Emmil • Eagle Realty of Nevada
Listing closed: 07/10/2005 05:00 PM • Source: NNRMLS, MLS#: 50008716

Recent comparable sales

Median sold price

$850,000

Avg days on market

75

Sale-to-list ratio

92.4%

Reno, NV

9 comparable properties found

a view of entrance of the house
1/20
1

$695,000

Sold 06/17/25

2
Bedrooms
6
Bathrooms
1,530
Square Feet
0.07
Acres
a view of a house with a yard
1/21
2

$900,000

Sold 11/07/25

6
Bedrooms
6
Bathrooms
3,101
Square Feet
0.12
Acres
a view of a house with a yard
1/21
3

$900,000

Sold 11/07/25

6
Bedrooms
6
Bathrooms
3,101
Square Feet
0.13
Acres
a view of a brick house next to a yard
1/30
4

$1,170,000

Sold 10/24/24

7
Bedrooms
5
Bathrooms
4,093
Square Feet
0.16
Acres
a view of a car parked in front of a house
1/7
5

$820,000

Sold 04/28/25

8
Bedrooms
32
Bathrooms
3,280
Square Feet
0.20
Acres
a view of a house with a yard and garden
1/16
6

$850,000

Sold 10/16/24

6
Bedrooms
4
Bathrooms
3,500
Square Feet
0.16
Acres
$640,000 | 2285 Patton Drive, Reno, NV 89512
1/11
7

$640,000

Sold 05/06/25

8
Bedrooms
16
Bathrooms
3,432
Square Feet
0.17
Acres
a view of a house with a street
1/41
8

$840,000

Sold 09/30/24

7
Bedrooms
9
Bathrooms
4,077
Square Feet
0.2
Acres
a view of a white house next to a yard with many windows
1/15
9

$1,425,000

Sold 06/16/25

6
Bedrooms
18
Bathrooms
3,728
Square Feet
0.14
Acres

Location

Listing Courtesy of Eagle Realty of Nevada, Ruth Ward-Emmil, License #1257

Sold By RE/MAX Realty Professionals, Shawn Minassian, License #593

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Payment Calculator

$3,503 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$199

HOA Dues

$0

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Property Information for 131 West Arroyo Street

Property Details
  • Taxes: $2,388 / year
  • MLS Type: Multi-Family / Apartment Complex
  • Zoning Actual: MF30
  • Total Parking Capacity: 9
Building Information
  • Stories: 2
  • Year Built: 1973
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89502
  • Geo Latitude: 39.5118103
  • Geo Longitude: -119.8087616
  • Geo Quality: 0.95
  • Geo Zoom Level: 16.0
  • Geo Address Line: 131 W Arroyo St
  • Geo Primary City: Reno
  • Geo Secondary City: Washoe Co.
  • Geo Subdivision: NV
  • Geo Postal Code: 89509
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 131 W ARROYO STREET
  • County: Washoe
  • Xstreet/Directions: WATT STREET & HASKELL
  • Vertical: 7
  • Horizontal: M
Taxes and HOA Information
  • Map: 1
  • CC/R Restrictions: Yes
  • Sliding Scale: Yes
  • Taxes $: $2,388.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Attached, Designated Parking, Garage
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1973.0
  • Acreage: 0.16
  • Type of Property: Apartment Complex
  • Parcel #: 01412212
  • Complex Name: LA LOMA APARTMENTS
  • Gross Square Footage: 3613.0
Property and Assessments
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: No
  • Tax Database ID: 5
  • Tax Property ID: 01412212
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 0
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Forced Air, Natural Gas, Wall Heater
  • Water Heater: Electric
  • Windows: Metal Frame, Single Pane
  • Facility Features: Master Meter-Water, Pet Restrictions, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Alley Access, Security Lighting, Storage Shed
  • Unit Features: Balcony, Drapes/Curtains, Furnished, Patio/Deck, Smoke Detector
  • Appliances: Disposal, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry: Common, Separate
  • Flooring: Carpet, Sheet Vinyl, Wood
Exterior Features
  • Foundation: Basement/Finished, Basement/Unfinished, Concrete Slab
  • Exterior: Asbestos, Masonry Veneer, Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City Sewer, City/County Water, Electricity, map to 20, Natural Gas, Telephone, Water Meter Installed
  • Landscaped: Fully Landscaped, Yes-Full
  • Sprinklers: None
  • Fenced: Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 5
  • 1 Bedroom - # Units: 5
  • 1 Bedroom - SqFt/Unit: 640
  • 1 Bedroom - Avg Rent/Unit: 425
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 1
  • 2 Bedroom - SqFt/Unit: 1000
  • 2 Bedroom - Avg Rent/Unit: 800
  • 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: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 2
  • # Units: 6
  • Stories: 2 Story
Income & Expenses
  • Income Info w/h: No
  • Annual Debt Service: $.00
  • Annual Expenses: $6,400.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $35,400.00
  • Net Operating Income: $27,938.00
Agent
Showing and Remarks
  • Days to Contract: 3
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 51
  • DOMLS: 51
  • Cumulative DOM: 51
  • Cumulative DOMLS: 51
  • Possession: COE
  • Real Estate Directory: Publish
  • Sale/Lease: For Sale
  • Contact Name: RUTH A. WARD-EMMIL
  • Contact Phone: 775-685-7767
Rental
Rent Information
  • Annual Vacancy: $1,062.00
  • Current Lease: Month to Month

Property History for 131 West Arroyo Street

DateEvent & SourcePriceAppreciation
Jul 10, 2005

Sold

NNRMLS #50008716

$650,000
Jul 7, 2005

Sold (Public Record)

Public Record #161401614

$650,000
May 23, 2005

Pending

NNRMLS #50008716

DateEvent & SourcePrice
07/10/2005

Sold

NNRMLS #50008716

$650,000
07/07/2005

Sold (Public Record)

Public Record #161401614

$650,000
05/23/2005

Pending

NNRMLS #50008716

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

Public Records for 131 West Arroyo Street

Taxable ValueLand$99,750Additions$52,475Total$152,225
Tax Record2025$3,968 ($331 / month)
Home Facts
Baths6Total Finished SqFt1,053 SqFtAbove Grade Finished SqFt1,053 SqFtUnfinished Basement SqFt729 SqFtStories1Lot Size7,013 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningMU-RESCountyWASHOEAPN014-122-12

Schools near 131 West Arroyo Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Mount Rose Elementary School
PublicK to 8

Darrell C Swope 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 131 West Arroyo Street, Reno, NV 89509
$650,000
7
3,613
6,969
$372,000
6
5,220
7,013
$80,000
2
1
621
7,013
$454,900
2
846
3,920
$139,000
3,789
2
2
1,304
2,203

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 Eagle Realty of Nevada, Ruth Ward-Emmil, License #1257

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.