29 Park St

4
Baths
2,940 Sq. Ft.
$293 / Sq. Ft.
2,940
Sq. Ft.
$293
per Sq. Ft.

Description

100 percent occupied. 5.56 percent CAP Rate on actuals. 4-unit investment located near Downtown Reno. This is a prime investment opportunity located near the Truckee River in the heart of downtown Reno. The asset includes One - one bed/one-bath unit; Two - two bed/one and a half bath units; and One - two bed/one bath unit totaling 2,940 square feet. All four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances, new bathroom...100 percent occupied. 5.56 percent CAP Rate on actuals. 4-unit investment located near Downtown Reno. This is a prime investment opportunity located near the Truckee River in the heart of downtown Reno. The asset includes One - one bed/one-bath unit; Two - two bed/one and a half bath units; and One - two bed/one bath unit totaling 2,940 square feet. All four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances, new bathroom vanities, brushed nickel finishes and more. Each unit offers a stackable washer and dryer. Common area amenities feature professional management, fenced yard, close to bus line, on-site parking.
  1. Listed by Chris McCain • Brokerage DRE #B.28954 • DL Realty
    P: (775)-225-1144 cm@dlrealtyco.com

Property Details for 29 Park Street

Zoning
MD-RD
Furnished
Unfurnished
LISTING CLOSED: 01/15/2026 12:00 AM

Property Details for 29 Park Street

StatusClosed
MLS #250057414
Days on Compass84
Taxes$3,014 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1928
Lot Size0.12 AC / 5,227 SF
CountyWashoe County

Location

Listing Courtesy of DL Realty, Chris McCain, License #S.183923

Sold By RE/MAX Gold, Linda Christensen, License #S.184713

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Building Information for 29 Park Street

Stories2Residences4Year Built1928Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,622 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,371

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 29 Park Street

Summary
Location and General Information
  • Latitude: 39.528503
  • Longitude: -119.804585
  • Address:Parcel Number: 012-015-05
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $3,014
  • Tax Legal:Neighborhood: Downtown Reno
  • Tax Legal:Elementary School: Booth
  • Tax Legal:Middle Or Junior School: Vaughn
  • Tax Legal:High School: Wooster
  • Tax Legal:Tax Annual Amount: $3,014
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MD-RD
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes
School Information
  • Elementary School: Booth
  • High School: Wooster
  • Middle Or Junior School: Vaughn
Property
Lot Information
  • Lot Features: Corner Lot, Landscaped, Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2940.0
  • Lot:Lot Size Acres: 0.12
  • Lot:Lot Size Square Feet: 5227.2
  • Lot Features:Corner Lot: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
Property and Assessments
  • Parcel Number: 012-015-05
  • Possession: Close Of Escrow
  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Quadruplex
  • Possession:Close Of Escrow: Yes
  • Financial Data Source:Owner: Yes
Utilities
  • Sewer: True
  • Utilities: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage
  • Electric: True
  • Utilities:Cooling YN: No
  • Utilities:Heating YN: Yes
  • Utilities:Cable Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Internet Connected: Yes
  • Utilities:Phone Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: No
  • Meter Information:One Primary Electric Meter YN: Yes
  • Meter Information:One Primary Gas Meter YN: Yes
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Unknown
  • Exterior Features: None
  • Fencing: Partial
  • Foundation Details: Pillar/Post/Pier, Slab, Stone
  • Levels: One, Two
  • Other Structures: None
  • Roof: Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Blinds, Varies
  • Building:Number Of Units Total: 4.0
  • Building:Building Name: Park St. 4-Plex
  • Building:Stories: 2.0
  • Building:ADA Compliant YN: No
  • Building:Units Furnished: None
  • Construction Materials:Unknown: Yes
  • Exterior Features:None: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Pillar/Post/Pier: Yes
  • Foundation Details:Slab: Yes
  • Foundation Details:Stone: Yes
  • Levels:One: Yes
  • Levels:Two: Yes
  • Other Structures:None: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Varies: Yes
Interior Features
  • Cooling YN: No
  • Fireplace YN: No
  • Flooring: Luxury Vinyl, Tile, Varies
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Number Of Units Vacant: 0
  • Number Of Units Leased: 4
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Interior:Building Area Total: 2940.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Flooring:Luxury Vinyl: Yes
  • Flooring:Tile: Yes
  • Flooring:Varies: Yes
  • Heating:Wall Furnace: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:None: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Cable Tv Expense: $0
  • Gross Scheduled Income: $68,168
  • Net Operating Income: $50,369
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Cable TV Expense: $0
  • Income and Expenses:Cap Rate: 5.56%
  • Income and Expenses:Gross Scheduled Income: $68,168
  • Income and Expenses:Net Operating Income: $50,369
  • Income and Expenses:Total Actual Rent: $68,168
  • Income and Expenses:Vacancy Allowance: $1,588
Multi Family Information
  • Units Furnished: None
  • Number Of Units Total: 4
  • Unit Details:Number Of Units Leased: 4
  • Unit Details:Number Of Units Vacant: 0
Rental
Rent Information
  • Tenant Pays: Internet, Telephone, Gas, Electricity, Cable TV
  • Tenant Pays:Cable TV: Yes
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Gas: Yes
  • Tenant Pays:Internet: Yes
  • Tenant Pays:Telephone: Yes

Property History for 29 Park Street

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Sold

NNRMLS #250057414

$860,000
Jan 8, 2026

Sold (Public Record)

Public Record #1926757176

$860,000

-6.9% / yr

Dec 17, 2025

Pending

NNRMLS #250057414

DateEvent & SourcePrice
01/15/2026

Sold

NNRMLS #250057414

$860,000
01/08/2026

Sold (Public Record)

Public Record #1926757176

$860,000

-6.9% / yr

12/17/2025

Pending

NNRMLS #250057414

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

Public Records for 29 Park Street

Taxable ValueLand$64,750Additions$39,556Total$104,306
Tax Record2025$3,224 ($269 / month)
Home Facts
Baths4Total Finished SqFt1,720 SqFtAbove Grade Finished SqFt1,720 SqFtStories2Lot Size5,000 SqFtStyleDuplexYear Built1928ZoningMD-RDCountyWASHOEAPN012-015-05

Schools near 29 Park Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Libby C Booth Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster High School
Public9 to 12

Marvin Picollo School
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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AddressSold priceBedsBathsSqftLot (Sqft)
$350,000
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$222,500
1
1
754
3,093
$351,000
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1,403
25,500

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 DL Realty, Chris McCain, License #S.183923

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.