Last Sold Price
8 beds3,822 sqft$340/sqft
747 Willow St, Reno, NV 89502

Description

Quaint well maintained 9 plex, with 5 units in front building, and 2 duplex buildings in the back, with 8-1 bd & 1 studio. Newer comp roof, and all units remodeled within the last 2 years. Most units are rented to Veterans through the Reno Housing Authority, and rents recently adjusted. Most pay their own utilities. Exterior paint to begin 4/15. Please see documents for spreadsheet of income/expenses for this building and 2 others available at 921 & 929 Willow for 31 units total.Quaint well maintained 9 plex, with 5 units in front building, and 2 duplex buildings in the back, with 8-1 bd & 1 studio. Newer comp roof, and all units remodeled within the last 2 years. Most units are rented to Veterans through the Reno Housing Authority, and rents recently adjusted. Most pay their own utilities. Exterior paint to begin 4/15. Please see documents for spreadsheet of income/expenses for this building and 2 others available at 921 & 929 Willow for 31 units total.
LISTING CLOSED: 09/13/2021 05:00 PM

  1. Listed by John Forgie • Krch Realty

Property Details for 747 Willow Street

Status
MLS #
210003960
Days on Compass
169
Taxes
$2,173 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Apartment Complex
Year Built
1925
Lot Size
0.18 AC / 7,840 SF
Zoning Actual
MU
Total Parking Capacity
0

Location

Listing Courtesy of Krch Realty, John Forgie, License #12313

Sold By Nevada Prime Real Estate LLC, Lisa Young, License #3493

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Building Information for 747 Willow Street

Stories2Residences-Year Built1925Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$6,784 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,603

Property Taxes

$181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 747 Willow Street

Summary
Location and General Information
  • Area: Reno-Southeast
  • Zip: 89502
  • Geo Latitude: 39.524818
  • Geo Longitude: -119.801722
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 747 Willow St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89502
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 747 Willow Street
  • County: Washoe
  • Elementary School: Booth
  • Middle School: Vaughn
  • High School: Wooster
  • Xstreet/Directions: Between Wells and Locust on N side of Willow
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $2,173.15
Parking
  • Parking Capacity per Unit: 0
  • Parking Types: None
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1925.0
  • Acreage: 0.18
  • Type of Property: Apartment Complex
  • Parcel #: 01214117
  • Complex Name: NONE
  • Gross Square Footage: 3822.0
Property and Assessments
  • Cap Rate: 8.00%
  • Documents On File: Financial Statements
  • ADA Compliant: No
  • APOD Available: No
  • Tax Database ID: 5
  • Tax Property ID: 01214117
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 1
  • LVT Date: 03-29-2021
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Natural Gas, Wall Heater
  • Water Heater: Varies by Unit
  • Windows: Double Pane, Vinyl Frame
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas
  • Common Features: Alley Access, BBQ/Picnic Area
  • Unit Features: Blinds/Shades, Smoke Detector
  • Appliances: Oven/Range, Refrigerator
  • Laundry: None
  • Flooring: Laminate, Varies by Unit, Vinyl Tile
  • Green Features: None
Exterior Features
  • Foundation: Basement/Unfinished, Concrete/Crawl Space
  • Exterior: Stucco
  • Roof: Composition/Shingle
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: Yes-Full
  • Sprinklers: None
  • Fenced: Full
Room
  • Studio - # Baths: 1
  • 1 Bedroom - # Baths: 8
  • 1 Bedroom - # Units: 8
  • 1 Bedroom - SqFt/Unit: 440
  • 1 Bedroom - Avg Rent/Unit: 1060
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 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: 1
  • Studio - SqFt/Unit: 340
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 875
  • # Buildings: 3
  • # Units: 9
  • Stories: 2 Story
Income & Expenses
  • Income Info w/h: Yes
  • Annual Debt Service: $.00
  • Annual Expenses: $12,875.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $109,284.00
  • Net Operating Income: $90,947.00
Agent
Showing and Remarks
  • Days to Contract: -56
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 169
  • DOMLS: 169
  • Cumulative DOM: 169
  • Cumulative DOMLS: 169
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: John M Forgie
  • Contact Phone: 7757719034
Rental
Rent Information
  • Annual Vacancy: $5,462.00
  • Current Lease: Month to Month

Property History for 747 Willow Street

DateEvent & SourcePriceAppreciation
Sep 13, 2021

Sold

NNRMLS #210003960

$1,299,000
Sep 2, 2021

Sold (Public Record)

Public Record #1474872339

$1,299,000

+17.2% / yr

May 23, 2021

In Contract

NNRMLS #210003960

DateEvent & SourcePrice
09/13/2021

Sold

NNRMLS #210003960

$1,299,000
09/02/2021

Sold (Public Record)

Public Record #1474872339

$1,299,000

+17.2% / yr

05/23/2021

In Contract

NNRMLS #210003960

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

Public Records for 747 Willow Street

Taxable ValueLand$110,250Additions$38,752Total$149,002
Tax Record2025$1,904 ($159 / month)
Home Facts
Baths11Total Finished SqFt3,822 SqFtAbove Grade Finished SqFt3,822 SqFtStories2Lot Size7,754 SqFtStyleMulti-Family Res (5+ Units)Year Built1925Year Renovated1925ZoningMUCountyWASHOEAPN012-141-17

Schools near 747 Willow 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: 747 Willow Street, Reno, NV 89502
$1,299,000
8
3,822
7,840
$330,000
8
3,822
7,840
$374,000
2
2
1,337
5,750
2
1
676
5,968
$525,000
8
16
3,920
5,662
$375,000
5,948

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 Krch Realty, John Forgie, License #12313

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.