3575 Gypsum Road
Description
- Listed by: Elena Satmari • 1st Option Realty
Recent comparable sales
Median sold price
$850,000
Avg days on market
135
Sale-to-list ratio
91.2%
Reno, NV
9 comparable properties found
$1,000,000
Sold 04/16/25
- 8
- Bedrooms
- 8
- Bathrooms
- 4,445
- Square Feet
- 0.33
- Acres
$840,000
Sold 06/10/25
- 8
- Bedrooms
- Unavailable
- Bathrooms
- 2,438
- Square Feet
- 0.15
- Acres
$1,225,000
Sold 03/26/25
- 6
- Bedrooms
- 3
- Bathrooms
- 4,998
- Square Feet
- 0.07
- Acres
$850,000
Sold 12/29/25
- 5
- Bedrooms
- 2
- Bathrooms
- 2,226
- Square Feet
- 0.13
- Acres
$535,000
Sold 05/05/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,344
- Square Feet
- 0.16
- Acres
Location
$6,059 per month
$5,739
$321
Property information
3575 Gypsum Road
Property Details
- Taxes: $3,846 / year
- MLS Type: Multi-Family / Apartment Building (up to 8 Units)
- County: Washoe County
- Zoning Actual: MF30
- Total Parking Capacity: 7
Building Information
- Stories: 2
- Year Built: 1979
- Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
- Area: Reno-Old Northwest
- Zip: 89503-1220
- Geo Latitude: 39.559516
- Geo Longitude: -119.829599
- Geo Quality: 0.95
- Geo Zoom Level: 14.0
- Geo Address Line: 3575 Gypsum Rd
- Geo Primary City: Reno
- Geo Subdivision: NV
- Geo Postal Code: 89503
- Geo Match Code: 0
- Geo Matched Method: 0
- Address: 3575 Gypsum Rd.
- County: Washoe
- Xstreet/Directions: Talus Way
- Source of Zoning: Assessor
Taxes and HOA Information
- CC/R Restrictions: No
- Sliding Scale: No
- Taxes $: $3,845.82
Parking
- Parking Capacity per Unit: 1
- Parking Types: Designated Parking
Property
Lot Information
- Class: Multi-Family
- Type: Multi-Family
- Source of SqFt: Assessor
- Year Built: 1979.0
- Acreage: 0.24
- Type of Property: Apartment Building (up to 8 Units)
- Parcel #: 00323415
- Complex Name: None
- Gross Square Footage: 5016.0
Property and Assessments
- Cap Rate: 6.00%
- Documents On File: Financial Statements, Inventory, Rental/Leases
- ADA Compliant: No
- Construction: Wood Frame
- Assessment $: $.00
- Associated Document Count: 0
- LVT Date: 09-26-2022
Utilities
- Individually Metered: Yes
Interior and Exterior Features
Interior Features
- Heating/Cooling: Natural Gas
- Water Heater: Electric
- Windows: Metal Frame
- Facility Features: Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Tenant Pays Utilities
- Common Features: Alley Access, Fire Escape
- Unit Features: Blinds/Shades, Smoke Detector
- Appliances: Oven/Range, Refrigerator
- Laundry: Common
- Flooring: Varies by Unit
- Green Features: None
Exterior Features
- Foundation: Concrete/Crawl Space
- Exterior: Wood Siding
- Roof: Pitched
- Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available
- Landscaped: Partially Landscaped
- Sprinklers: None
- Fenced: None
Room
- Studio - # Baths: 0
- 1 Bedroom - # Baths: 1
- 1 Bedroom - # Units: 6
- 1 Bedroom - SqFt/Unit: 650
- 1 Bedroom - Avg Rent/Unit: 995
- 2 Bedroom - # Baths: 1
- 2 Bedroom - # Units: 1
- 2 Bedroom - SqFt/Unit: 900
- 2 Bedroom - Avg Rent/Unit: 1295
- 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: 7
- Stories: 2 Story
Income & Expenses
- Income Info w/h: Yes
- Annual Expenses: $27,309.00
- Annual Income & Expenses: Pro Forma
- Gross Scheduled Income: $94,400.00
- Net Operating Income: $70,091.00
Agent
Showing and Remarks
- Showing Instructions: Call Listing Agent
Sale and Listing
- Sale/Rent: For Sale
- DOM: 95
- DOMLS: 95
- Cumulative DOM: 95
- Cumulative DOMLS: 95
- Possession: COE
- Sale/Lease: For Sale
- Contact Name: Elena Satmari
- Contact Phone: 805-801-1969
Rental
Rent Information
- Annual Vacancy: $1,800.00
- Current Lease: Month to Month
Property History
3575 Gypsum Road
| Date | Event | Price |
|---|---|---|
| Dec 29, 2022 | Sold NNRMLS #220014304 | $1,075,000 |
| Dec 22, 2022 | Sold (Public Record) Public Record #1503569362 | $1,075,000 |
| Nov 21, 2022 | Pending NNRMLS #220014304 | — |
| Nov 21, 2022 | In Contract NNRMLS #220014304 | — |
| Sep 25, 2022 | Listed (Active) NNRMLS #220014304 | $1,250,000 |
| Mar 4, 2021 | Sold NNRMLS #200016548 | $1,150,000 |
| Feb 26, 2021 | Sold (Public Record) Public Record #691525064 | $1,150,000 |
| Feb 26, 2021 | Sold (Public Record) Public Record #1452868842 | $1,150,000 |
| Jan 19, 2021 | Pending NNRMLS #200016548 | — |
| Jan 19, 2021 | In Contract NNRMLS #200016548 | — |
| Dec 6, 2020 | Listed (Active) NNRMLS #200016548 | $1,150,000 |
| Nov 1, 2007 | Withdrawn NNRMLS #70013543 | — |
| Jun 21, 2007 | Listed (Active) NNRMLS #70013543 | $579,000 |
| Date | Event | Price |
|---|---|---|
| 12/29/2022 | Sold NNRMLS #220014304 | $1,075,000 |
| 12/22/2022 | Sold (Public Record) Public Record #1503569362 | $1,075,000 -3.6% / yr |
| 11/21/2022 | Pending NNRMLS #220014304 | — |
| 11/21/2022 | In Contract NNRMLS #220014304 | — |
| 09/25/2022 | Listed (Active) NNRMLS #220014304 | $1,250,000 |
| 03/04/2021 | Sold NNRMLS #200016548 | $1,150,000 |
| 02/26/2021 | Sold (Public Record) Public Record #691525064 | $1,150,000 |
| 02/26/2021 | Sold (Public Record) Public Record #1452868842 | $1,150,000 |
| 01/19/2021 | Pending NNRMLS #200016548 | — |
| 01/19/2021 | In Contract NNRMLS #200016548 | — |
| 12/06/2020 | Listed (Active) NNRMLS #200016548 | $1,150,000 |
| 11/01/2007 | Withdrawn NNRMLS #70013543 | — |
| 06/21/2007 | Listed (Active) NNRMLS #70013543 | $579,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
3575 Gypsum Road
Baths
8Total Finished SqFt
5,016 SqFtAbove Grade Finished SqFt
5,016 SqFtStories
2Lot Size
10,627 SqFtStyle
Multi-Family Dwelling (2-4)Schools
Near 3575 Gypsum Road
This home is within Washoe County School District.
- Rated 4 out of 104/10Elmcrest Elementary SchoolPublic · PK-5 · 2.0 mi · Serves this home
- Rated 5 out of 105/10Archie Clayton Middle SchoolPublic · 6-8 · 1.8 mi · Serves this home
- Rated 7 out of 107/10Robert Mc Queen High SchoolPublic · 9-12 · 3.4 mi · Serves this home
- Rated 6 out of 106/10Coral Academy Charter School ElementaryCharter · K-4 · 1.6 mi · Choice school
- Rated 10 out of 1010/10Tmcc Magnet High SchoolPublic · 10-12 · 1.9 mi · Choice school
- Rated 8 out of 108/10Coral Academy Middle SchoolCharter · 5-8 · 2.3 mi · Choice school
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.
1Similar Homes
New listings in 89503
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 3575 Gypsum Road, Reno, NV 89503 | $1,075,000 | 8 | 2 | 5,016 | 10,454 |
$560,000 | – | 8 | 5,280 | 10,575 | |
$254,000 | 8 | 4 | 3,075 | 10,890 | |
– | – | 6 | 3,392 | 13,468 | |
$410,000 | – | 4 | 4,132 | 10,577 | |
$410,000 | 12 | 16 | 4,132 | 10,454 | |
– | – | 4 | 4,224 | 10,635 | |
$530,000 | – | 6 | 4,224 | 11,730 | |
$530,000 | 8 | 4 | 4,224 | 11,761 | |
$455,000 | 10 | 5 | 5,750 | 10,890 | |
$150,000 | 6 | 2 | 1,750 | – | |
$515,000 | 8 | 24 | 3,392 | 13,068 | |
$150,000 | – | 4 | 1,784 | 6,665 | |
$270,000 | 4 | 3 | 2,456 | 8,276 | |
– | – | 8 | 4,199 | 11,597 | |
– | – | – | – | 8,801 |
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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 1st Option Realty, Elena Satmari, License #13990
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.