Sold
Last Sold Price
7 beds3,414 sqft
722 E 7th St, Reno, NV 89512
Multi FamilyProperty Type
0.21 acresLot Size
1920Year Built
$121/sq ftPrice per sq ft
5 carsParking Spaces

Description

Five fully rented units, consisting of 3 buildings on .22 acre corner lot. Recently updated with new carpet and appliances. Well located near UNR and Washoe Medical Center as well as easy access to I-80. Good investment property with a 6% cap rate. Property includes: 720, 722, 730 E. 7th Street and 622 & 622 1/2 Eureka Street.Five fully rented units, consisting of 3 buildings on .22 acre corner lot. Recently updated with new carpet and appliances. Well located near UNR and Washoe Medical Center as well as easy access to I-80. Good investment property with a 6% cap rate. Property includes: 720, 722, 730 E. 7th Street and 622 & 622 1/2 Eureka Street.
  • Listed by: Linda Moore • Dickson Realty - Damonte Ranch
Listing closed: 08/05/2007 05:00 PM • Source: NNRMLS, MLS#: 70001258

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Recent comparable sales

Median sold price

$500,000

Avg days on market

66

Sale-to-list ratio

95.1%

Reno, NV

9 comparable properties found

$500,000 | 1130 Evans Avenue, Reno, NV 89512
1/40
1

$500,000

Sold 09/10/26

6
Bedrooms
2,146
Square Feet
0.15
Acres
an aerial view of a house
1/41
2

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Sold 05/22/25

4
Bedrooms
2
Bathrooms
1,632
Square Feet
0.15
Acres
3

$425,000

Sold 11/19/24

Unavailable
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Bathrooms
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Square Feet
0.49
Acres
$434,444 | 144 Keystone Avenue, Reno, NV 89503
1/11
4

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Sold 06/18/26

3
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2,872
Square Feet
0.15
Acres
a front view of a house with garden
1/39
5

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Sold 06/02/25

3
Bedrooms
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Bathrooms
1,221
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a white house covered with tall trees
1/2
6

$535,000

Sold 10/18/24

5
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2
Bathrooms
1,650
Square Feet
0.16
Acres
a view of a car parked in front of a house
1/2
7

$535,000

Sold 05/05/25

4
Bedrooms
2
Bathrooms
1,344
Square Feet
0.16
Acres
$2,590,000 | 635 Plumas Street, Reno, NV 89509
1/17
8

$2,590,000

Sold 10/25/24

8
Bedrooms
4,212
Square Feet
0.16
Acres
a kitchen with a stove and a microwave
1/27
9

$905,000

Sold 12/16/24

6
Bedrooms
3
Bathrooms
2,548
Square Feet
0.16
Acres

Location

Listing Courtesy of Dickson Realty - Damonte Ranch, Linda Moore, License #1416

Sold By C/B Select Real Estate, Reuben Dawkins, License #2987

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$2,243 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,129

Property Taxes

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Property Information for 722 East 7th Street

Property Details
  • Taxes: $1,367 / year
  • MLS Type: Multi-Family / Apartment Building (up to 8 Units)
  • Zoning Actual: SPD
  • Total Parking Capacity: 5
Building Information
  • Stories: 1
  • Year Built: 1920
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • Area: Reno-North
  • Zip: 89512
  • Geo Latitude: 39.53564
  • Geo Longitude: -119.804521
  • Geo Quality: 0.95
  • Geo Zoom Level: 16.0
  • Geo Address Line: 722 E 7th St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89512-3422
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 722 E 7th Street
  • County: Washoe
  • Xstreet/Directions: Eureka
  • Vertical: 8
  • Horizontal: K
  • Source of Zoning: Assessor
Taxes and HOA Information
  • Map: 1
  • CC/R Restrictions: Yes
  • Sliding Scale: No
  • Taxes $: $1,367.00
Parking
  • Parking Capacity per Unit: 0
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1920.0
  • Acreage: 0.21
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00818520
  • ZG – Green Feature: Double Pane Windows
  • Complex Name: N/A
  • Gross Square Footage: 3414.0
Property and Assessments
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 00818520
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 0
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Heat Pump, Natural Gas
  • Water Heater: Natural Gas
  • Windows: Combo/Varies, Double Pane, Single Pane
  • Facility Features: Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Alley Access
  • Unit Features: Blinds/Shades, Smoke Detector
  • Appliances: Oven/Range, Refrigerator
  • Laundry: Hook-Up, Varies Per Unit
  • Flooring: Carpet, Sheet Vinyl
Exterior Features
  • Foundation: Concrete/Crawl Space, Post & Pier, Stone
  • Exterior: Stucco, Wood Siding
  • Roof: Composition/Shingle
  • Utilities: Cable, City Sewer, Electricity, Natural Gas, Telephone
  • Landscaped: Yes-Full
  • Sprinklers: None
  • Fenced: Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 3
  • 1 Bedroom - SqFt/Unit: 600
  • 1 Bedroom - Avg Rent/Unit: 475
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 800
  • 2 Bedroom - Avg Rent/Unit: 725
  • 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: 3
  • # Units: 5
  • Stories: 1 Story
Income & Expenses
  • Income Info w/h: Yes
  • Annual Debt Service: $.00
  • Annual Expenses: $7,238.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $34,500.00
  • Net Operating Income: $27,262.00
Agent
Showing and Remarks
  • Days to Contract: 97
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 202
  • DOMLS: 202
  • Cumulative DOM: 292
  • Cumulative DOMLS: 292
  • Possession: COE
  • Real Estate Directory: Do Not Publish
  • Sale/Lease: For Sale
  • Contact Name: Linda Moore
  • Contact Phone: (775) 742-5306
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: None

Property History for 722 East 7th Street

DateEvent & SourcePriceAppreciation
Aug 5, 2007

Sold

NNRMLS #70001258

$412,000
Apr 22, 2007

Pending

NNRMLS #70001258

Jan 15, 2007

Listed (Active)

NNRMLS #70001258

$429,000
DateEvent & SourcePrice
08/05/2007

Sold

NNRMLS #70001258

$412,000
04/22/2007

Pending

NNRMLS #70001258

01/15/2007

Listed (Active)

NNRMLS #70001258

$429,000

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

Schools near 722 East 7th Street

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 - 5 to 8
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

Coral Academy Middle School
Charter5 to 8

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: 722 East 7th Street, Reno, NV 89512
$412,000
7
3,414
9,147
$760,000
2
1,312
3,156
$760,000
1
866
2,744
$760,000
3
2
1,320
3,542
$355,000
3
1,100
3,920
2
1
715
3,746

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 Dickson Realty - Damonte Ranch, Linda Moore, License #1416

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.