Last Sold Price
6 beds3 baths2,592 sqft$333/sqft
175 Wonder St, Reno, NV 89502

Description

Seller Financing Available This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached...Seller Financing Available This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a 4th UNIT and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings
LISTING CLOSED: 06/10/2026 12:00 AM

  1. Listed by Bradley Wass • Brokerage DRE #B.17991 • Coldwell Banker Select Reno
    P: (775) 742-3438 bradwassnv@gmail.com

Property Details for 175 Wonder Street

Status
MLS #
260005476
Days on Compass
39
Taxes
$1,931 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / DUPLEX / 2 / 2
Year Built
1977
Lot Size
0.16 AC / 7,013 SF
Zoning
MF40
Subdivision Name
Mccormick Addition
Furnished
Unfurnished

Location

Listing Courtesy of Coldwell Banker Select Reno, Bradley Wass, License #S.191397

Sold By RE/MAX Professionals-Reno, Brent Vaulet, License #S.179290

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Building Information for 175 Wonder Street

Stories2Residences3Year Built1977Lot Size0.16 AC / 7,013 SF

Payment Calculator

$4,553 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,392

Property Taxes

$161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 175 Wonder Street

Summary
Location and General Information
  • Directions: 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex
  • Latitude: 39.514313
  • Longitude: -119.805235
  • Address:Parcel Number: 013-226-13
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,931
  • Tax Legal:Neighborhood: Wells Avenue Neighborhood
  • Tax Legal:Elementary School: Veterans
  • Tax Legal:Middle Or Junior School: Vaughn
  • Tax Legal:High School: Wooster
  • Tax Legal:Tax Annual Amount: $1,931
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF40
  • Tax Legal:Directions: 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex
  • AssociationCommunity:Number Of Buildings: 2.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: No
  • Parking Features: Alley Access, Detached, Garage
  • Parking Total: 8.0
  • Parking Information:Parking Total: 8.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage: Yes
School Information
  • Elementary School: Veterans
  • High School: Wooster
  • Middle Or Junior School: Vaughn
Property
Lot Information
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 7013.0
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2592.0
  • Lot:Lot Size Acres: 0.161
  • Lot:Lot Size Square Feet: 7013.0
  • Lot Features:Level: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
Property and Assessments
  • Parcel Number: 013-226-13
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Type: Residential Income
  • Year Built: 1977
  • Property Sub Type: Income
  • Number Of Buildings: 2
  • Possession:Close Of Escrow: Yes
  • Possession:Subject To Tenant Rights: Yes
Utilities
  • Sewer: True
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Number Of Separate Electric Meters: 3
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Number Of Separate Gas Meters: 3
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Brick, Frame, Wood Siding
  • Exterior Features: Balcony, Dog Run, Rain Gutters
  • Fencing: Back Yard, Full
  • Foundation Details: Full Perimeter, Crawl Space
  • Levels: Two
  • Other Structures: None
  • Roof: Asphalt, Pitched
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Aluminum Frames, Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 2.0
  • Building:ADA Compliant YN: No
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Dog Run: Yes
  • Exterior Features:Rain Gutters: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Full: Yes
  • Foundation Details:Crawl Space: Yes
  • Foundation Details:Full Perimeter: Yes
  • Levels:Two: Yes
  • Other Structures:None: Yes
  • Roof:Asphalt: Yes
  • Roof:Pitched: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:Automatic: Yes
  • Sprinklers:Front: Yes
  • Sprinklers:Rear: Yes
  • Window Features:Aluminum Frames: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Drapes: Yes
  • Window Features:Rods: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Evaporative Cooling
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Luxury Vinyl
  • Heating: Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Varies By Unit
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Units Vacant: 0
  • Number Of Units Mo Mo: 2
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Bedrooms Total: 6
  • Appliances: Oven, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Interior:Building Area Total: 2592.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Cooling:Evaporative Cooling: Yes
  • Flooring:Carpet: Yes
  • Flooring:Luxury Vinyl: Yes
  • Heating:Forced Air: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Trash Expense: $60
  • Gross Scheduled Income: $48,600
  • Net Operating Income: $41,655
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Income & Expenses: Pro Forma
  • Income and Expenses:Cap Rate: 4.60%
  • Income and Expenses:Gross Scheduled Income: $48,600
  • Income and Expenses:Net Operating Income: $41,655
  • Income and Expenses:Total Actual Rent: $3,250
  • Income and Expenses:Trash Expense: $60
  • Income and Expenses:Vacancy Allowance: $972
Multi Family Information
  • Number Of Units Total: 3
  • Unit Details:Number Of Units Month To Month: 2
  • Unit Details:Number Of Units Vacant: 0
Rental
Rent Information
  • Tenant Pays: Electricity
  • Tenant Pays:Electricity: Yes

Property History for 175 Wonder Street

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Sold

NNRMLS #260005476

$864,000
Jun 9, 2026

Sold (Public Record)

Public Record #1942883807

$864,000

+9.6% / yr

May 20, 2026

In Contract

NNRMLS #260005476

DateEvent & SourcePrice
06/10/2026

Sold

NNRMLS #260005476

$864,000
06/09/2026

Sold (Public Record)

Public Record #1942883807

$864,000

+9.6% / yr

05/20/2026

In Contract

NNRMLS #260005476

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

Public Records for 175 Wonder Street

Taxable ValueLand$62,598Additions$37,598Total$100,196
Tax Record2025$1,433 ($119 / month)
Home Facts
Baths3Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtStories2Lot Size7,013 SqFtStyleDuplexYear Built1977Year Renovated1977ZoningMF30CountyWASHOEAPN013-226-13

Schools near 175 Wonder Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Veterans Memorial Elementary School
PublicK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 175 Wonder Street, Reno, NV 89502
$864,000
6
3
2,592
7,013
$257,000
6
9
2,592
6,969
$700,000
1
978
7,013
$305,000
5
3
2,364
6,969
$370,000
2
872
4,094
2
1
720
4,095

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 Coldwell Banker Select Reno, Bradley Wass, License #S.191397

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.