412 E 8th St

Reno, NV 89512

$975,000
Last Sold Price
8
Beds
3,405 Sq. Ft.
$286 / Sq. Ft.
3,405
Sq. Ft.
$286
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 2/20/24
Sold 2/20/24
a view of road with card parked on side and retail shops
a view of a house with a tree
a living room with furniture and a flat screen tv
a view of a dining room with furniture window and wooden floor
a living room with furniture and a window
a living room with furniture and a window
a dining room with wooden floor furniture and a chandelier
a kitchen with a refrigerator a sink and cabinets
a spacious bathroom with a sink mirror and a bathtub
a kitchen with stainless steel appliances granite countertop a stove top oven a sink a dining table and chairs with white cabinets
a room with furniture and a piano
a bathroom with a sink a toilet and bathtub
a bedroom with a bed and a chandelier
a bathroom with a sink and mirror with toilet
a room with storage and utility
a living room with furniture and a flat screen tv
a view of storage and utility room
a utility room with dryer and washer
a view of a tables and chairs in patio
a view of a house with a yard
a front view of a house with a porch
a front view of a house
a bedroom with furniture and a flat screen tv
a kitchen filled a sink a stove and a refrigerator
a living room with furniture a fireplace and a flat screen tv
a white refrigerator freezer and a stove sitting inside of a kitchen
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a bedroom with a bed and a chandelier
a bathroom with a shower curtain and a sink
a view of a workspace with furniture and a window
a kitchen with a sink a refrigerator and window
a bedroom with a bed and a bookshelf
a bathroom with a sink a toilet and shower
a living room with furniture and wooden floor
a kitchen that has a lot of cabinets a sink and dishwasher
a bathroom with a sink a toilet and a window
a room with furniture and a flat screen tv
a front view of a house with a tree

Description

Great investor opportunity in the Downtown Innovation District. Located just a few blocks from the University, this property consists of a single family home with a partially finished basement (not included in listed square footage) combined with a 5-plex apartment building. The apartment units range from 400 - 500 sq feet and are all currently occupied and rented significantly below market. All are on month to month. Some of the units can be shown along with the SFR.Great investor opportunity in the Downtown Innovation District. Located just a few blocks from the University, this property consists of a single family home with a partially finished basement (not included in listed square footage) combined with a 5-plex apartment building. The apartment units range from 400 - 500 sq feet and are all currently occupied and rented significantly below market. All are on month to month. Some of the units can be shown along with the SFR.
  1. Listed by Michael Robinson • Chase International-Damonte

Property Details for 412 East 8th Street

Zoning Actual
MD-ID
Total Parking Capacity
9
LISTING UPDATED: 02/20/2024 05:22 PM

Property Details for 412 East 8th Street

StatusSold
MLS #230013894
Days on Compass71
Taxes$2,132 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1940
Lot Size0.32 AC / 13,939 SF
CountyWashoe County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Chase International-Damonte, Michael Robinson, License #3207

Sold By LPT Realty, LLC, Brent Copeland, License #12490

Add your commute

Building Information for 412 East 8th Street

Stories1Residences-Year Built1940Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$5,087 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,910

Property Taxes

$178

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 412 East 8th Street

Summary
Location and General Information
  • Area: Reno-Downtown Core
  • Zip: 89512
  • Geo Latitude: 39.535138
  • Geo Longitude: -119.809894
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 412 E 8th St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89512
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 412 E 8th
  • County: Washoe
  • Elementary School: Booth
  • Middle School: Vaughn
  • High School: Wooster
  • Xstreet/Directions: Evans or Valley Rd.
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $2,132.42
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: None
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1940.0
  • Acreage: 0.32
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00723230
  • Complex Name: Glen Apartments
  • Gross Square Footage: 3405.0
Property and Assessments
  • Cap Rate: 5.00%
  • Documents On File: None
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Wood Frame
  • Associated Document Count: 0
  • LVT Date: 12-11-2023
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Natural Gas, Forced Air
  • Water Heater: Electric
  • Windows: Double Pane, Vinyl Frame
  • Facility Features: Landlord Pays Utilities, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: BBQ/Picnic Area, Storage Shed
  • Unit Features: Smoke Detector
  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Laundry: Common
  • Flooring: Carpet, Vinyl Tile, Wood
  • Green Features: None
Exterior Features
  • Foundation: Basement/Finished, Basement/Unfinished
  • Exterior: Asbestos, Brick
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: Partially Landscaped
  • Sprinklers: Manual, Yes
  • Fenced: Full
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 5
  • 1 Bedroom - # Units: 5
  • 1 Bedroom - SqFt/Unit: 440
  • 1 Bedroom - Avg Rent/Unit: 600
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 3 Bedroom - # Baths: 2
  • 3 Bedroom - # Units: 1
  • 3 Bedroom - SqFt/Unit: 1144
  • 3 Bedroom - Avg Rent/Unit: 1800
  • 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: 2
  • # Units: 6
  • Stories: 1 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $20,978.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $78,600.00
  • Net Operating Income: $55,264.00
Agent
Showing and Remarks
  • Showing Instructions: ShowingTime
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 71
  • DOMLS: 71
  • Cumulative DOM: 71
  • Cumulative DOMLS: 71
  • Possession: Negotiable
  • Sale/Lease: For Sale
  • Contact Name: Mike Robinson
  • Contact Phone: 775-338-1892
Rental
Rent Information
  • Annual Vacancy: $2,358.00
  • Current Lease: Month to Month

Property History for 412 East 8th Street

DateEvent & SourcePriceAppreciation
Feb 20, 2024

Sold (Public Record)

Public Record #1528033918

$975,000—
Feb 19, 2024

Sold

NNRMLS #230013894

$975,000—
Jan 16, 2024

In Contract

NNRMLS #230013894

—
Jan 15, 2024

Pending

NNRMLS #230013894

—
Dec 10, 2023

Listed (Active)

NNRMLS #230013894

$1,100,000—
DateEvent & SourcePrice
02/20/2024

Sold (Public Record)

Public Record #1528033918

$975,000
02/19/2024

Sold

NNRMLS #230013894

$975,000
01/16/2024

In Contract

NNRMLS #230013894

—
01/15/2024

Pending

NNRMLS #230013894

—
12/10/2023

Listed (Active)

NNRMLS #230013894

$1,100,000

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

Public Records for 412 East 8th Street

Taxable ValueLand$61,600Additions$46,452Total$108,052
Tax Record2025$2,387 ($199 / month)
Home Facts
Baths6Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtUnfinished Basement SqFt480 SqFtStories1Lot Size14,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningMD-IDCountyWASHOEAPN007-232-30

Schools near 412 East 8th Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Libby C Booth Elementary School
Public - PK to 5
E Otis Vaughn Middle School
Public - 6 to 8
Earl Wooster High School
Public - 9 to 12
Marvin Picollo School
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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chase International-Damonte, Michael Robinson, License #3207

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.