780 Forest St

4,148 Sq. Ft.
$452 / Sq. Ft.
4,148
Sq. Ft.
$452
per Sq. Ft.

Description

Completely renovated 5- unit multi-family investment property in the heart of Midtown. Almost every facet of these units is completely new and state of the art while maintaining the original charm and architecture of the property. The 2 structures include a single family home (2 bed 1 bath plus garage), and a 4-plex. Very low maintenance and very desirable units in an excellent area of town. Owner is a licensed Real Estate Broker in Nevada.Completely renovated 5- unit multi-family investment property in the heart of Midtown. Almost every facet of these units is completely new and state of the art while maintaining the original charm and architecture of the property. The 2 structures include a single family home (2 bed 1 bath plus garage), and a 4-plex. Very low maintenance and very desirable units in an excellent area of town. Owner is a licensed Real Estate Broker in Nevada.
  1. Listed by Paddy Egan • Urban Real Estate Investments

Property Details for 780 Forest Street

Zoning Actual
mu
Total Parking Capacity
8
LISTING CLOSED: 03/04/2024 04:00 PM

Property Details for 780 Forest Street

StatusSold
MLS #230012733
Days on Compass70
Taxes$5,023 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1930
Lot Size0.18 AC / 7,840 SF
CountyWashoe County

Location

Listing Courtesy of Urban Real Estate Investments, Paddy Egan, License #5736

Sold By Dickson Realty - Caughlin, Scott Silva, License #13099

Add your commute

Building Information for 780 Forest Street

Stories2Residences-Year Built1930Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$9,949 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,530

Property Taxes

$419

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 780 Forest Street

Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89509
  • Geo Latitude: 39.516939
  • Geo Longitude: -119.811006
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 780 Forest St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89509
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 780 Forest
  • County: Washoe
  • Xstreet/Directions: Taylor
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $5,023.19
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1930.0
  • Acreage: 0.18
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01127230
  • Complex Name: Forest Street
  • Gross Square Footage: 4148.0
Property and Assessments
  • Cap Rate: 5.00%
  • Documents On File: Financial Statements, Rental/Leases
  • ADA Compliant: Yes
  • APOD Available: No
  • Construction: Wood Frame
  • Associated Document Count: 0
  • LVT Date: 11-02-2023
Utilities
  • Individually Metered: No
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Natural Gas, Radiator
  • Water Heater: Natural Gas
  • Windows: Double Pane
  • Facility Features: Central Water Heaters
  • Common Features: None
  • Unit Features: Smoke Detector
  • Appliances: Dryer, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Laundry: Varies Per Unit
  • Flooring: Laminate
Exterior Features
  • Foundation: Basement/Finished, Concrete/Crawl Space
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: Fully Landscaped
  • Sprinklers: Drip-Front
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 3
  • 1 Bedroom - SqFt/Unit: 750
  • 1 Bedroom - Avg Rent/Unit: 1650
  • 2 Bedroom - # Baths: 2
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 2250
  • 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: 2
  • # Units: 5
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $17,684.28
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $111,600.00
  • Net Operating Income: $93,915.72
Agent
Showing and Remarks
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 70
  • DOMLS: 69
  • Cumulative DOM: 70
  • Cumulative DOMLS: 69
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: PADDY EGAN
  • Contact Phone: 775-233-0913
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Leases

Property History for 780 Forest Street

DateEvent & SourcePriceAppreciation
Mar 5, 2024

Sold (Public Record)

Public Record #1528543719

$1,875,000
Mar 4, 2024

Sold

NNRMLS #230012733

$1,875,000
Jan 24, 2024

Pending

NNRMLS #230012733

DateEvent & SourcePrice
03/05/2024

Sold (Public Record)

Public Record #1528543719

$1,875,000
03/04/2024

Sold

NNRMLS #230012733

$1,875,000
01/24/2024

Pending

NNRMLS #230012733

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

Public Records for 780 Forest Street

Taxable ValueLand$92,750Additions$93,430Total$186,180
Tax Record2025$5,858 ($488 / month)
Home Facts
Baths3.5Total Finished SqFt3,148 SqFtAbove Grade Finished SqFt2,074 SqFtFinished Basement SqFt1,074 SqFtUnfinished Basement SqFt1,074 SqFtStories2Lot Size8,059 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningMU-MCCountyWASHOEAPN011-272-30

Schools near 780 Forest Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Mount Rose Elementary School
PublicK to 8

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
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

Nearby off-market homes

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 Urban Real Estate Investments, Paddy Egan, License #5736

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.