496 Highland Avenue

Closed 12/23/25
Closed 12/23/25
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Sold
Last Sold Price
$910,000
3,507 sqft$259/sqft
496 Highland Ave, Reno, NV 89512
Multi FamilyProperty Type
8,015 sq ftLot Size
2004Year Built
$259/sq ftPrice per sq ft

Description

496 Highland Ave. is located within the University rental submarket and sits just east of the University of Nevada, Reno. This asset is 3 units consisting of a 4 bed 4 bath unit and two 2 bed 2 bath units, and the units are rented by the bedroom. Each bedroom gets its own full bath, and each unit features shared kitchen and laundry facilities. All utilities are included in the rent.496 Highland Ave. is located within the University rental submarket and sits just east of the University of Nevada, Reno. This asset is 3 units consisting of a 4 bed 4 bath unit and two 2 bed 2 bath units, and the units are rented by the bedroom. Each bedroom gets its own full bath, and each unit features shared kitchen and laundry facilities. All utilities are included in the rent.
  • Listed by: Angela Beard 775.722.5868 angela@renohousehunter.com • RE/MAX Gold
Listing closed: 12/23/2025 12:00 AM • Source: NNRMLS, MLS#: 250055606

Recent comparable sales

Median sold price

$870,000

Avg days on market

219

Sale-to-list ratio

83.9%

Reno, NV

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Location

Listing Courtesy of RE/MAX Gold, Angela Beard, License #S.48237

Sold By RE/MAX Gold-Midtown, Laura Ferencik, License #S.55023

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$5,005 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,625

Property Taxes

$380

HOA Dues

$0

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Property Information for 496 Highland Avenue

Property Details
  • Taxes: $4,556 / year
  • MLS Type: Residential Income / Triplex
  • County: Washoe County
  • Zoning: MF30
  • Subdivision Name: University Heights
  • Furnished: Unfurnished
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 2004
  • Lot Size: 0.18 AC / 8,015 SF
Summary
Location and General Information
  • Latitude: 39.540454
  • Longitude: -119.808255
  • Address:Parcel Number: 007-076-03
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $4,556
  • Tax Legal:Neighborhood: East University
  • Tax Legal:Elementary School: Lemelson Stem Academy
  • Tax Legal:Middle Or Junior School: Traner
  • Tax Legal:High School: Hug
  • Tax Legal:Tax Annual Amount: $4,556
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Utilities Assessment to Assume YN: No
  • Tax Legal:Zoning: MF30
  • Tax Legal:Zoning Source: Assessor
  • AssociationCommunity:Number Of Buildings: 1.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: Yes
  • Parking Features: Attached, Parking Pad
  • Parking Features:Attached: Yes
  • Parking Features:Parking Pad: Yes
School Information
  • Elementary School: Lemelson Stem Academy
  • High School: Hug
  • Middle Or Junior School: Traner
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 8015.04
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 3507.0
  • Lot:Lot Size Acres: 0.184
  • Lot:Lot Size Square Feet: 8015.04
  • Lot Features:Level: Yes
Property and Assessments
  • Parcel Number: 007-076-03
  • Possession: Close Of Escrow
  • Property Type: Residential Income
  • Year Built: 2004
  • Property Sub Type: Triplex
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Financial Data Source:Owner: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Internet Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: 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:Number Of Separate Electric Meters: 3
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Number Of Separate Gas Meters: 3
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Wood Siding
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Crawl Space
  • Levels: Two
  • Other Structures: None
  • Roof: Composition, Shingle
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Double Pane Windows, Vinyl Frames
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 2.0
  • Building:Outdoor Living Spaces YN: No
  • Building:ADA Compliant YN: No
  • Building:Units Furnished: None
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None: Yes
  • Fencing:None: Yes
  • Foundation Details:Crawl Space: Yes
  • Levels:Two: Yes
  • Other Structures:None: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Central Air
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Laminate, Varies
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Units Vacant: 0
  • Number Of Units Leased: 3
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior:Building Area Total: 3507.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Varies: Yes
  • Heating:Forced Air: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:None: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Trash Expense: $340
  • Cable Tv Expense: $0
  • Gross Scheduled Income: $81,600
  • Net Operating Income: $47,414
  • 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:Cable TV Expense: $0
  • Income and Expenses:Cap Rate: 4.74%
  • Income and Expenses:Gross Scheduled Income: $81,600
  • Income and Expenses:Net Operating Income: $47,414
  • Income and Expenses:Total Actual Rent: $81,600
  • Income and Expenses:Trash Expense: $340
  • Income and Expenses:Vacancy Allowance: $4,080
Multi Family Information
  • Units Furnished: None
  • Number Of Units Total: 3
  • Unit Details:Number Of Units Leased: 3
  • Unit Details:Number Of Units Vacant: 0
Rental
Rent Information
  • Tenant Pays: None
  • Tenant Pays:None: Yes

Property History for 496 Highland Avenue

DateEvent & SourcePriceAppreciation
Dec 23, 2025

Sold

NNRMLS #250055606

$910,000—
Dec 18, 2025

Sold (Public Record)

Public Record #1924207990

$910,000—
Nov 15, 2025

Pending

NNRMLS #250055606

—
DateEvent & SourcePrice
12/23/2025

Sold

NNRMLS #250055606

$910,000
12/18/2025

Sold (Public Record)

Public Record #1924207990

$910,000
11/15/2025

Pending

NNRMLS #250055606

—

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

Public Records for 496 Highland Avenue

Taxable ValueLand$48,965Additions$95,338Total$144,303
Tax Record2025$4,556 ($380 / month)
Home Facts
Baths8Total Finished SqFt3,507 SqFtAbove Grade Finished SqFt2,400 SqFtFinished Basement SqFt1,107 SqFtStories2Lot Size7,995 SqFtStyleMulti-Family Dwelling (2-4)Year Built2004ZoningMF30CountyWASHOEAPN007-076-03

Schools near 496 Highland Avenue

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Dorothy Lemelson STEM Academy Elementary School
Public - PK to 5
Fred W Traner Middle School
Public - 6 to 8
Procter R Hug High School
Public - 9 to 12
Marvin Picollo School
Public - PK to 12
Rating
School
Distance
Dorothy Lemelson STEM Academy Elementary School
PublicPK to 5

Fred W Traner Middle School
Public6 to 8

Procter R Hug 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 496 Highland Avenue, Reno, NV 89512
$910,000
–
–
3,507
8,015
1295 Valley Road, Reno, NV 89512
$100,000
3
1,516
–
490 Highland Avenue, Reno, NV 89512
–
1
1
544
–
498 Highland Avenue, Reno, NV 89512
$518,000
–
8
3,952
9,024
1215 Valley Road, Unit 4, Reno, NV 89512
–
1
1
480
44
1215 Valley Road, Unit 2, Reno, NV 89512
$1,891
1
1
480
44

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Listing Courtesy of RE/MAX Gold, Angela Beard, License #S.48237

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.