140 La Rue Avenue

Sold 1/21/14

Sold

Last Sold Price

$580,000

4 beds11 baths4,768 sqft$122/sqft

140 La Rue Ave, Reno, NV 89509

Multi FamilyProperty Type

0.31 acresLot Size

1954Year Built

$122/sq ftPrice per sq ft

10 carsParking Spaces

Description

Hawaiian Vacation to Buyer with Purchase! Rare investment opportunity to purchase a charming 10 unit apartment complex in the heart of Reno' s Old Southwest neighborhood and the Midtown district and get a free trip to Hawaii for 2 with a full price offer and a successful close on or before 12/31/2013. Close to the Truckee River, popular restaurants, public transportation, and downtown Reno, the property is nestled in a quiet garden setting that shows pride of ownership. All units have been remodeled.Hawaiian Vacation to Buyer with Purchase! Rare investment opportunity to purchase a charming 10 unit apartment complex in the heart of Reno' s Old Southwest neighborhood and the Midtown district and get a free trip to Hawaii for 2 with a full price offer and a successful close on or before 12/31/2013. Close to the Truckee River, popular restaurants, public transportation, and downtown Reno, the property is nestled in a quiet garden setting that shows pride of ownership. All units have been remodeled.

Listed by: Kathryn Galles • RE/MAX Realty Affiliates-Reno

Listing closed: 01/20/2014 04:00 PM • Source: NNRMLS, MLS#: 130011098

Recent comparable sales

Median sold price

$583,000

Avg days on market

Sale-to-list ratio

91.4%

1/41

$1,449,000

Sold 06/03/25

4
Bedrooms: 10
Bathrooms: 4,246
Square Feet: 0.17
Acres

626 Marsh Avenue, Reno, NV 89509

1/23

$546,000

Sold 12/16/24

4
Bedrooms: 4
Bathrooms: 1,792
Square Feet: 0.19
Acres

980 Roberts Street, Unit 2, Reno, NV 89502

1/21

$610,000

Sold 02/13/25

4
Bedrooms: 4
Bathrooms: 1,763
Square Feet: 0.15
Acres

764 Aitken Street, Reno, NV 89502

1/22

$598,000

Sold 12/06/24

4
Bedrooms: 8
Bathrooms: 1,914
Square Feet: 0.08
Acres

326 East 7th Street, Reno, NV 89512

a front view of a house with large windows

1/38

$575,000

Sold 09/18/24

4
Bedrooms: 2
Bathrooms: 2,072
Square Feet: 0.09
Acres

1129 Buena Vista Avenue, Reno, NV 89503

a view of a car parked in front of a house

1/2

$535,000

Sold 05/05/25

4
Bedrooms: 2
Bathrooms: 1,344
Square Feet: 0.16
Acres

1372-1370 East 11th Street, Reno, NV 89512

1/24

$740,000

Sold 04/04/25

4
Bedrooms: 4
Bathrooms: 2,035
Square Feet: 0.19
Acres

1495 Humboldt Street, Reno, NV 89509

1/37

$583,000

Sold 05/30/25

4
Bedrooms: 4
Bathrooms: 2,444
Square Feet: 0.09
Acres

1304-1306 Powell Lane, Reno, NV 89502

1/48

$553,500

Sold 11/06/25

4
Bedrooms: 4
Bathrooms: 1,292
Square Feet: 0.06
Acres

345 West Taylor Street, Unit 345 347, Reno, NV 89509

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Location

Listing Courtesy of RE/MAX Realty Affiliates-Reno, Kathryn Galles, License #2582

Sold By Sierra Nevada Properties-Frnly, Dan Berg, License #5008

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$3,160 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,948

Property Taxes

$212

HOA Dues

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Property Information for 140 La Rue Avenue

Property Details

Taxes: $2,540 / year
MLS Type: Multi-Family / Apartment Complex
County: Washoe County
Zoning Actual: Multifamily
Total Parking Capacity: 10

Building Information

Stories: 1
Year Built: 1954
Lot Size: 0.31 AC / 13,503 SF

Summary

Location and General Information

Area: Reno-Old Southwest
Zip: 89509

Geo Latitude: 39.515537
Geo Longitude: -119.810181
Geo Quality: 0.95
Geo Zoom Level: 14.0
Geo Address Line: 140 Larue Ave
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: 140 La Rue Avenue
County: Washoe
Xstreet/Directions: Plumas, Virginia
Source of Zoning: Assessor

Taxes and HOA Information

CC/R Restrictions: No
Sliding Scale: No

Taxes $: $2,539.68

Parking

Parking Capacity per Unit: 1
Parking Types: Common

Property

Lot Information

Class: Multi-Family
Type: Multi-Family

Source of SqFt: Assessor
Year Built: 1954.0
Acreage: 0.31
Type of Property: Apartment Complex
Parcel #: 01132702
Complex Name: 140 La Rue
Gross Square Footage: 4768.0

Property and Assessments

Documents On File: Financial Statements, Rental/Leases
ADA Compliant: No

APOD Available: Yes
Tax Database ID: 5
Tax Property ID: 01132702
Construction: Masonry
Assessment $: $.00
Associated Document Count: 0

Utilities

Individually Metered: Yes

Interior and Exterior Features

Interior Features

Heating/Cooling: Forced Air, Natural Gas
Water Heater: Electric

Windows: Single Pane
Facility Features: Master Meter-Gas, Separate Meters-Electric, Separate Water Heaters, Tenant Pays Utilities
Common Features: BBQ/Picnic Area
Unit Features: None
Appliances: Oven/Range, Refrigerator
Laundry: Common
Flooring: Carpet
Green Features: None

Exterior Features

Foundation: Concrete/Crawl Space
Exterior: Brick

Roof: Composition/Shingle, Pitched
Utilities: Cable, City Sewer, City/County Water, Electricity, Natural Gas, Telephone
Landscaped: Fully Landscaped, Yes-Full
Sprinklers: None
Fenced: Full

Room

Studio - # Baths: 8
1 Bedroom - # Baths: 1

1 Bedroom - # Units: 1
1 Bedroom - SqFt/Unit: 550
1 Bedroom - Avg Rent/Unit: 610
2 Bedroom - # Baths: 0
2 Bedroom - # Units: 0
2 Bedroom - SqFt/Unit: 0
2 Bedroom - Avg Rent/Unit: 0
3 Bedroom - # Baths: 2
3 Bedroom - # Units: 1
3 Bedroom - SqFt/Unit: 610
3 Bedroom - Avg Rent/Unit: 1150
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: 8
Studio - SqFt/Unit: 400

Multi Family

Multi-Family Information

Studio - Average/Unit: 505
# Buildings: 2

# Units: 10
Stories: 1 Story

Income & Expenses

Income Info w/h: No
Annual Expenses: $22,507.00

Annual Income & Expenses: Pro Forma
Gross Scheduled Income: $75,600.00
Net Operating Income: $51,713.00

Agent

Showing and Remarks

Days to Contract: 98
Showing Instructions: Drive By

Sale and Listing

Sale/Rent: For Sale
DOM: 145

DOMLS: 143
Cumulative DOM: 215
Cumulative DOMLS: 212
Possession: COE
Sale/Lease: For Sale
Contact Name: Ben Galles
Contact Phone: 7757506429

Rental

Rent Information

Annual Vacancy: $3,780.00
Current Lease: Month to Month

Property History for 140 La Rue Avenue

Date	Event & Source	Price	Appreciation
Jan 20, 2014	Sold NNRMLS #130011098	$580,000	—
Jan 10, 2014	Sold (Public Record) Public Record #403987280	$580,000	+5.6% / yr
Dec 4, 2013	Pending NNRMLS #130011098		—
Aug 28, 2013	Listed (Active) NNRMLS #130011098	$619,000	—
Jul 30, 2013	Expired NNRMLS #130006017		—
May 21, 2013	Listed (Active) NNRMLS #130006017	$650,000	—
Jan 3, 2008	Withdrawn NNRMLS #70020332		—
Sep 30, 2007	Listed (Active) NNRMLS #70020332	$897,500	—
Mar 30, 2007	Sold (Public Record) Public Record #218273866	$400,000	+1.1% / yr
Oct 15, 2003	Sold (Public Record) Public Record #123838648	$385,000	—

Date	Event & Source	Price
01/20/2014	Sold NNRMLS #130011098	$580,000
01/10/2014	Sold (Public Record) Public Record #403987280	$580,000 +5.6% / yr
12/04/2013	Pending NNRMLS #130011098	—
08/28/2013	Listed (Active) NNRMLS #130011098	$619,000
07/30/2013	Expired NNRMLS #130006017	—
05/21/2013	Listed (Active) NNRMLS #130006017	$650,000
01/03/2008	Withdrawn NNRMLS #70020332	—
09/30/2007	Listed (Active) NNRMLS #70020332	$897,500
03/30/2007	Sold (Public Record) Public Record #218273866	$400,000 +1.1% / yr
10/15/2003	Sold (Public Record) Public Record #123838648	$385,000

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

Public Records for 140 La Rue Avenue

Taxable ValueLand$136,500Additions$45,490Total$181,990

Tax Record2025$2,784 ($232 / month)

Home Facts

Baths10Total Finished SqFt4,768 SqFtAbove Grade Finished SqFt4,768 SqFtStories1Lot Size13,983 SqFtStyleMulti-Family Res (5+ Units)Year Built1954Year Renovated1957ZoningMU-MCCountyWASHOEAPN011-327-02

Schools near 140 La Rue Avenue

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	0.3 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	1.0 mi
NR	Washoe Innovations Academy	Public - Nearby school	PK to 12	1.0 mi
1/10	Innovations High School - 16510	Public - Nearby school	9 to 12	1.0 mi
3/10	Encompass Academy	Charter - Choice school	9 to 12	1.2 mi
NR	Our Lady Of The Snows School	Private - Nearby school	K to 8	0.3 mi
NR	Our Lady of the Snows Catholic 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	0.3 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	1.0 mi
NR	Washoe Innovations Academy PublicPK to 12 Nearby school	1.0 mi
1/10	Innovations High School - 16510 Public9 to 12 Nearby school	1.0 mi
3/10	Encompass Academy Charter9 to 12 Choice school	1.2 mi
NR	Our Lady Of The Snows School PrivateK to 8 Nearby school	0.3 mi
NR	Our Lady of the Snows Catholic 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: 140 La Rue Avenue, Reno, NV 89509	$580,000	4	11	4,768	13,503
128 La Rue Avenue, Reno, NV 89509	$300,000	–	1	784	7,013
173 Martin Street, Reno, NV 89509	$750,000	3	3	1,612	2,178
118 La Rue Avenue, Reno, NV 89509	$1,050,000	–	5	2,968	7,013
153 Martin Street, Reno, NV 89509	$775,000	3	3	1,612	2,178
900-902 Watt Street, Reno, NV 89509	$395,000	4	6	2,418	3,484
900-902 Watt Street, Unit 2, Reno, NV 89509	$250,000	4	6	2,418	3,484
143 Martin Street, Reno, NV 89509	$750,000	3	3	1,612	2,178
915 Haskell Street, Reno, NV 89509	$82,500	2	1	912	3,485
903 Haskell Street, Reno, NV 89509	$158,500	2	1	876	3,484
927 Haskell Street, Reno, NV 89509	$525,000	2	1	1,086	3,049
133 Martin Street, Reno, NV 89509	$774,000	2	3	1,594	2,178
185 Martin Street, Reno, NV 89509	–	–	–	2,109	13,983
123 Martin Street, Reno, NV 89509	$745,000	2	3	1,594	2,178
135 La Rue Avenue, Reno, NV 89509	$105,000	2	1	775	4,356
137 La Rue Avenue, Reno, NV 89509	–	1	1	711	4,704

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Listing Courtesy of RE/MAX Realty Affiliates-Reno, Kathryn Galles, License #2582

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.

Reno, NV

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