903 West 7th Street

Closed 2/5/26
Closed 2/5/26
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Last Sold Price
$825,000
4 beds4 baths2,116 sqft$390/sqft
903 W 7th St, Reno, NV 89503

Description

Exceptional investment opportunity near the University of Nevada, Reno. This fully renovated fourplex offers modern finishes, strong rental demand, and unmatched versatility—ideal for investors, owner-occupants seeking to offset their mortgage, or parents looking for quality housing and long-term stability for their UNR students. All four units feature vaulted ceilings, creating a more premium and spacious feel throughout the interiors. Each unit received a full cosmetic remodel in late 2021, including...Exceptional investment opportunity near the University of Nevada, Reno. This fully renovated fourplex offers modern finishes, strong rental demand, and unmatched versatility—ideal for investors, owner-occupants seeking to offset their mortgage, or parents looking for quality housing and long-term stability for their UNR students. All four units feature vaulted ceilings, creating a more premium and spacious feel throughout the interiors. Each unit received a full cosmetic remodel in late 2021, including updated interior and exterior paint, new windows, upgraded flooring, remodeled bathrooms, shaker-style cabinetry, stainless steel appliances, granite countertops, modern lighting, enhanced millwork, new interior doors, and efficient on-demand water heaters. Major capital systems have also been addressed: the sewer line from the building to the city connection was replaced in 2023, and a commercial backflow device was installed in 2025 to meet current city standards. The four units consist of a 392 sq ft studio and three one-bedroom/one-bath units measuring 672 sq ft, 532 sq ft, and 520 sq ft (one including a small office) totally 2116 square feet. Tenants pay refuse collection and electricity, while the owner pays gas, water, and sewer. The surrounding neighborhood has experienced meaningful improvement and growth, including a newer commercial corridor with restaurants, shopping, and groceries all within close proximity. Recent additions such as In-N-Out, Cracker Barrel, Starbucks, and other new establishments have contributed to increased convenience and long-term appreciation for the area. Located minutes from UNR, public transportation, major employment centers, and daily amenities, this fourplex offers strong rental demand, minimal near-term maintenance, and excellent long-term potential for any buyer seeking a reliable income-producing property.
LISTING CLOSED: 02/05/2026 12:00 AM

  1. Listed by Kelli Potts • Brokerage DRE #B.19444 • Ascent Property Group
    P: (530)-721-6632 kelli@ascentpropertygroup.com
  2. Listed by Rene Brejc • Brokerage DRE #B.19444 • Ascent Property Group
    P: (530)-545-0340 rene@investintahoe.com

Property Details for 903 West 7th Street

Status
Closed
MLS #
250058568
Days on Compass
76
Taxes
$1,524 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Quadruplex
Year Built
1915
Lot Size
0.09 AC / 3,920 SF
County
Washoe County
Zoning
MF14
Subdivision Name
Sunnyside Addition
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Location

Listing Courtesy of Ascent Property Group, Kelli Potts, License #S.192346; Ascent Property Group, Rene Brejc, License #B.19444

Sold By Dickson Realty - Caughlin, Mark Growdon, License #S.189832

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Building Information for 903 West 7th Street

Stories1Residences4Year Built1915Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$4,320 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,193

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 903 West 7th Street

Summary
Location and General Information
  • Directions: Take Keystone Ave to W 7th St, property is on the left.
  • Latitude: 39.531599
  • Longitude: -119.828753
  • Cross Street: Keystone Ave.
  • Address:Parcel Number: 006-121-14
  • Address:Cross Street: Keystone Ave.
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,524
  • Tax Legal:Neighborhood: West University
  • Tax Legal:Elementary School: Elmcrest
  • Tax Legal:Middle Or Junior School: Marce Herz
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $1,524
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Utilities Assessment to Assume YN: No
  • Tax Legal:Zoning: MF14
  • Tax Legal:Directions: Take Keystone Ave to W 7th St, property is on the left.
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: No
  • Parking Features: Assigned
  • Parking Total: 4.0
  • Parking Information:Parking Total: 4.0
  • Parking Features:Assigned: Yes
School Information
  • Elementary School: Elmcrest
  • High School: Reno
  • Middle Or Junior School: Marce Herz
Property
Lot Information
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2116.0
  • Lot:Lot Size Acres: 0.09
  • Lot:Lot Size Square Feet: 3920.4
  • Lot:Pool Private YN: No
  • Lot:Spa YN: No
  • Lot Features:Other: Yes
Property and Assessments
  • Parcel Number: 006-121-14
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Type: Residential Income
  • Year Built: 1915
  • Property Sub Type: Quadruplex
  • Possession:Close Of Escrow: Yes
  • Possession:Subject To Tenant Rights: Yes
  • Financial Data Source:Owner: Yes
Utilities
  • Sewer: True
  • Utilities: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Tankless: 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: 4
  • Meter Information:Separate Gas Meters YN: No
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:One Primary Gas Meter YN: Yes
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Patio And Porch Features: Patio
  • Stories: 1
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: None
  • Fencing: Back Yard
  • Foundation Details: Stone
  • Levels: One
  • Other Structures: None
  • Roof: Composition
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Spa Features: None
  • Spa YN: No
  • Window Features: Double Pane Windows
  • Pool Private YN: No
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 1.0
  • Building:Outdoor Living Spaces YN: Yes
  • Building:ADA Compliant YN: No
  • Construction Materials:Brick: Yes
  • Exterior Features:None: Yes
  • Fencing:Back Yard: Yes
  • Foundation Details:Stone: Yes
  • Levels:One: Yes
  • Other Structures:None: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Outdoor Living Spaces Features:Covered Patio: Yes
  • Pool Features:None: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Spa Features:None: Yes
  • Sprinklers:None: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Luxury Vinyl
  • Heating: Natural Gas
  • Heating YN: Yes
  • Interior Features: Ceiling Fan(s), High Ceilings
  • Laundry Features: In Unit
  • Number Of Separate Electric Meters: 4
  • Number Of Units Vacant: 0
  • Number Of Units Mo Mo: 1
  • Number Of Units Leased: 4
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Electric Range, Gas Range, Refrigerator
  • Interior:Building Area Total: 2116.0
  • Interior:Building Area Source: Appraiser
  • Interior:Fireplace YN: No
  • Cooling:Wall/Window Unit(s): Yes
  • Flooring:Luxury Vinyl: Yes
  • Heating:Natural Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Total Actual Rent: $4,905
Multi Family Information
  • Number Of Units Total: 4
  • Unit Details:Number Of Units Leased: 4
  • Unit Details:Number Of Units Month To Month: 1
  • Unit Details:Number Of Units Vacant: 0
Rental
Rent Information
  • Tenant Pays: Trash Collection, Electricity
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Trash Collection: Yes

Property History for 903 West 7th Street

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Sold

NNRMLS #250058568

$825,000—
Jan 26, 2026

Sold (Public Record)

Public Record #1928198593

$825,000

+6.8% / yr

Dec 21, 2025

Pending

NNRMLS #250058568

—
DateEvent & SourcePrice
02/05/2026

Sold

NNRMLS #250058568

$825,000
01/26/2026

Sold (Public Record)

Public Record #1928198593

$825,000

+6.8% / yr

12/21/2025

Pending

NNRMLS #250058568

—

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

Public Records for 903 West 7th Street

Taxable ValueLand$59,220Additions$24,610Total$83,830
Tax Record2025$1,645 ($137 / month)
Home Facts
Baths3Total Finished SqFt1,937 SqFtAbove Grade Finished SqFt1,937 SqFtStories1Lot Size4,000 SqFtStyleTriplexYear Built1915ZoningMF14CountyWASHOEAPN006-121-14

Schools near 903 West 7th Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Elmcrest Elementary School
Public - PK to 5
Archie Clayton Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Innovations High School - 16510
Public - 9 to 12
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Innovations High School - 16510
Public9 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: 903 West 7th Street, Reno, NV 89503
$825,000
4
4
2,116
3,920
701 Canal Street, Reno, NV 89503
$80,000
2
888
3,920
10 Barker Circle, Reno, NV 89503
$133,000
–
2
1,440
7,711
735 Canal Street, Reno, NV 89503
$359,000
3
1,026
6,098
10-20 Barker Circle, Reno, NV 89503
$127,900
1
1,440
–
30 Barker Circle, Reno, NV 89503
$133,000
–
2
1,440
10,961

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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 Ascent Property Group, Kelli Potts, License #S.192346; Ascent Property Group, Rene Brejc, License #B.19444

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.