3431 Gypsum Rd

Reno, NV 89503

$1,025,000
Last Sold Price
8
Beds
8
Baths
4,608 Sq. Ft.
$222 / Sq. Ft.
4,608
Sq. Ft.
$222
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/24/22
Closed 5/24/22
a front view of a house with a yard and garage
a front view of house with large space and large trees
a front view of a building with street
a view of a city from a terrace
a view of a building with a mountain
a view of a city
a bathroom with a toilet sink and mirror
a kitchen with granite countertop appliances a sink cabinets and a window
a view of an empty room with wooden floor and a window
a view of an empty room and wooden floor
a bathroom with a sink a toilet and shower
an empty room with wooden floor and windows
a view of an empty room and wooden floor

Description

Large 1100 Sq. Ft. two story townhome units with covered tenant parking under the building. Fantastic rental location near the University of Nevada Reno (UNR) provides high rents and low vacancy for the owner., All 4 units are not only individually metered for gas & electric, but ALSO for water (reduces owner expenses). Professional management is currently in place.Large 1100 Sq. Ft. two story townhome units with covered tenant parking under the building. Fantastic rental location near the University of Nevada Reno (UNR) provides high rents and low vacancy for the owner., All 4 units are not only individually metered for gas & electric, but ALSO for water (reduces owner expenses). Professional management is currently in place.
  1. Listed by Chris McCain • DL Realty
    P: (775)-225-1144 cm@dlrealtyco.com

Property Details for 3431 Gypsum Road

Zoning
MF30
LISTING CLOSED: 05/24/2022 12:00 AM

Property Details for 3431 Gypsum Road

StatusClosed
MLS #220000897
Days on Compass119
Taxes$2,052 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1964
Lot Size0.23 AC / 10,018 SF
CountyWashoe County
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Location

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

Sold By Chase International-Damonte, Ali Liptrot, License #S.168357

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Building Information for 3431 Gypsum Road

Stories2Residences4Year Built1964Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

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$5,381 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,210

Property Taxes

$171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3431 Gypsum Road

Summary
Location and General Information
  • Directions: Talus Way
  • Address:Parcel Number: 00323421
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $2,052
  • Tax Legal:Elementary School: Elmcrest
  • Tax Legal:Middle Or Junior School: Clayton
  • Tax Legal:High School: Hug
  • Tax Legal:Tax Annual Amount: $2,052
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF30
  • Tax Legal:Directions: Talus Way
  • AssociationCommunity:Number Of Buildings: 1.0
Parking
  • Attached Garage YN: No
  • Parking Features: Assigned, Carport, Under Building
  • Parking Total: 8.0
  • Parking Information:Parking Total: 8.0
  • Parking Features:Assigned: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Under Building: Yes
School Information
  • Elementary School: Elmcrest
  • High School: Hug
  • Middle Or Junior School: Clayton
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 4608.0
  • Lot:Lot Size Acres: 0.23
  • Lot:Lot Size Square Feet: 10018.8
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 00323421
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Quadruplex
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Separate Water Meters YN: Yes
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: No
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Brick, Frame, Wood Siding
  • Exterior Features: Balcony
  • Fencing: Partial
  • Foundation Details: Brick/Mortar, Crawl Space
  • Roof: Flat
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 2.0
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Brick/Mortar: Yes
  • Foundation Details:Crawl Space: Yes
  • Roof:Flat: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Varies: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Fireplace YN: Yes
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Heating: Fireplace(s), Natural Gas, Wall Furnace
  • Heating YN: Yes
  • Laundry Features: Common Area
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Interior:Building Area Total: 4608.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Varies: Yes
  • Flooring:Vinyl: Yes
  • Heating:Fireplace(s): Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:Common Area: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $15,171
  • Gross Scheduled Income: $72,960
  • Net Operating Income: $56,354
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Pro Forma
  • Income and Expenses:Gross Scheduled Income: $72,960
  • Income and Expenses:Net Operating Income: $56,354
  • Income and Expenses:Total Annual Expenses: $15,171
  • Income and Expenses:Vacancy Allowance: $1,435
Multi Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 3431 Gypsum Road

DateEvent & SourcePriceAppreciation
May 24, 2022

Sold

NNRMLS #220000897

$1,025,000—
May 11, 2022

Sold (Public Record)

Public Record #1491100081

$1,025,000

+15.3% / yr

Apr 9, 2022

Pending

NNRMLS #220000897

—
DateEvent & SourcePrice
05/24/2022

Sold

NNRMLS #220000897

$1,025,000
05/11/2022

Sold (Public Record)

Public Record #1491100081

$1,025,000

+15.3% / yr

04/09/2022

Pending

NNRMLS #220000897

—

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

Public Records for 3431 Gypsum Road

Taxable ValueLand$45,500Additions$43,463Total$88,963
Tax Record2025$2,528 ($211 / month)
Home Facts
Baths4Total Finished SqFt4,608 SqFtAbove Grade Finished SqFt4,608 SqFtStories2Lot Size10,080 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964ZoningMF30CountyWASHOEAPN003-234-21Fireplace TypeHas Fireplace

Schools near 3431 Gypsum Road

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Elmcrest Elementary School
Public - PK to 5
Archie Clayton Middle School
Public - 6 to 8
Robert Mc Queen High School
Public - 9 to 12
Coral Academy Charter School Elementary
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
3371 Gypsum Road, Reno, NV 89503
$250,000
12
4,590
10,454
3451 Gypsum Road, Reno, NV 89503
$302,000
8
4
4,608
9,583
3451-3457 Gypsum Road, Reno, NV 89503
$475,000
8
4
4,608
9,147
3380 Gypsum Road, Reno, NV 89503
$392,000
12
4,980
–
3430 Gypsum Road, Reno, NV 89503
$145,000
–
–
–
9,773

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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.