Last Sold Price
12 beds5,076 sqft$95/sqft
3400 Gypsum Rd, Reno, NV 89503

Description

Newer 6 plex near UNR. Very low vacancy rate. Ample Parking. 2 Bedroom units with laundry in the unit. Property recently under new management and some rents are being increased gradually. Re-leases are at $725 per unit to reach a 7-8% cap rate. Tenant pays electric and gas. Building is on master water. Please make offer subject to inspection, do not disturb tenants.Newer 6 plex near UNR. Very low vacancy rate. Ample Parking. 2 Bedroom units with laundry in the unit. Property recently under new management and some rents are being increased gradually. Re-leases are at $725 per unit to reach a 7-8% cap rate. Tenant pays electric and gas. Building is on master water. Please make offer subject to inspection, do not disturb tenants.
LISTING CLOSED: 04/27/2017 05:00 PM

  1. Listed by Lin Lansdon • Real Estate of Reno Sparks

Property Details for 3400 Gypsum Road

Status
MLS #
160014070
Days on Compass
70
Taxes
$3,503 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Apartment Building (up to 8 Units)
Year Built
1998
Lot Size
0.27 AC / 11,761 SF
Zoning Actual
MF30
Total Parking Capacity
8

Recent comparable sales

Median sold price

$695,000

Avg days on market

136

Sale-to-list ratio

83.3%

Reno, NV

9 comparable properties found

1

$2,000,000

Sold 04/16/26

Unavailable
Bedrooms
6
Bathrooms
4,971
Square Feet
0.10
Acres
a view of entrance of the house
1/20
2

$695,000

Sold 06/17/25

2
Bedrooms
6
Bathrooms
1,530
Square Feet
0.07
Acres
$1,555,000 | 545 Greenstone Drive, Reno, NV 89512
1/78
3

$1,555,000

Sold 08/26/25

5
Bedrooms
4,162
Square Feet
0.6
Acres
a front view of a house with large windows
1/38
4

$575,000

Sold 09/18/24

4
Bedrooms
2
Bathrooms
2,072
Square Feet
0.09
Acres
5

$885,000

Sold 03/10/26

Unavailable
Bedrooms
6
Bathrooms
4,256
Square Feet
0.15
Acres
6

$700,000

Sold 04/13/26

Unavailable
Bedrooms
5
Bathrooms
5,040
Square Feet
0.14
Acres
7

$420,000

Sold 03/16/26

Unavailable
Bedrooms
5
Bathrooms
2,158
Square Feet
0.18
Acres
a house with trees in the background
1/15
8

$370,500

Sold 04/10/25

4
Bedrooms
4
Bathrooms
1,568
Square Feet
0.2
Acres
$430,000 | 611 Elko Avenue, Reno, NV 89512
1/9
9

$430,000

Sold 01/31/25

3
Bedrooms
9
Bathrooms
1,620
Square Feet
0.12
Acres

Location

Listing Courtesy of Real Estate of Reno Sparks, Lin Lansdon, License #1517

Sold By Keller Williams Group One Inc., Tanya Groso Lachenauer, License #2060

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Building Information for 3400 Gypsum Road

Stories2Residences-Year Built1998Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,732 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,440

Property Taxes

$292

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3400 Gypsum Road

Summary
Location and General Information
  • Area: Reno-Old Northwest
  • Zip: 89503
  • Geo Latitude: 39.5578842163086
  • Geo Longitude: -119.829452514648
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 3400 Gypsum Rd
  • Geo Primary City: Reno
  • Geo Secondary City: Washoe Co.
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 3400 Gypsum
  • County: Washoe
  • Xstreet/Directions: 395 North - Moraine/Talus-3380 Gypsum
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: Yes
  • Sliding Scale: No
  • Taxes $: $3,503.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1998.0
  • Acreage: 0.27
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00327312
  • ZG – Green Feature: Double Pane Windows
  • Complex Name: 3380 Gypsum Apartments
  • Gross Square Footage: 5076.0
Property and Assessments
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 00327312
  • Construction: Wood Frame
  • Assessment $: $.00
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 09-16-2016
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Electric, Forced Air, Natural Gas
  • Water Heater: Natural Gas
  • Windows: Combo/Varies, Double Pane, Metal Frame
  • Facility Features: Landlord Pays Utilities, Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Storage Shed
  • Unit Features: Blinds/Shades, Patio/Deck, Smoke Detector, Varies Per Unit
  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Laundry: Hall, Hook-Up, Varies Per Unit
  • Flooring: Carpet, Sheet Vinyl
  • Green Features: 1+ Energy Star Appliance
Exterior Features
  • Foundation: Concrete Slab
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City Sewer, City/County Water, Electricity, map to 20, map to 20 also, Natural Gas, Telephone, Varies by Unit, Water Meter Installed
  • Landscaped: Partially Landscaped
  • Sprinklers: None
  • Fenced: None
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 0
  • 1 Bedroom - # Units: 0
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 6
  • 2 Bedroom - # Units: 6
  • 2 Bedroom - SqFt/Unit: 846
  • 2 Bedroom - Avg Rent/Unit: 671
  • 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: 1
  • # Units: 6
  • Stories: 2 Story
Income & Expenses
  • Annual Expenses: $13,500.00
  • Gross Scheduled Income: $52,200.00
Agent
Showing and Remarks
  • Days to Contract: 179
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 70
  • DOMLS: 68
  • Cumulative DOM: 70
  • Cumulative DOMLS: 68
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Lin Lansdon
  • Contact Phone: 775 720 0720
Rental
Rent Information
  • Current Lease: Leases

Property History for 3400 Gypsum Road

DateEvent & SourcePriceAppreciation
Apr 27, 2017

Sold

NNRMLS #160014070

$480,000
Apr 3, 2017

Sold (Public Record)

Public Record #594090488

$480,000
Mar 12, 2017

Pending

NNRMLS #160014070

DateEvent & SourcePrice
04/27/2017

Sold

NNRMLS #160014070

$480,000
04/03/2017

Sold (Public Record)

Public Record #594090488

$480,000
03/12/2017

Pending

NNRMLS #160014070

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

Public Records for 3400 Gypsum Road

Taxable ValueLand$57,750Additions$107,877Total$165,627
Tax Record2025$3,579 ($298 / month)
Home Facts
Baths6Total Finished SqFt5,076 SqFtAbove Grade Finished SqFt5,076 SqFtStories2Lot Size11,848 SqFtStyleMulti-Family Dwelling (2-4)Year Built1998Year Renovated1998ZoningMF30CountyWASHOEAPN003-273-12

Schools near 3400 Gypsum Road

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
Charter - K to 4
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Robert Mc Queen High School
Public9 to 12

Coral Academy Charter School Elementary
CharterK to 4

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.

Reno
Reno
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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3400 Gypsum Road, Reno, NV 89503
$480,000
12
5,076
11,761
$145,000
9,773
$392,000
12
4,980
$398,000
6
4,980
$1,025,000
8
8
4,608
10,018
4
4,224
10,454

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 Real Estate of Reno Sparks, Lin Lansdon, License #1517

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.