Sold
Last Sold Price
4 beds3 baths1,504 sqft

929 N Sierra St, Reno, NV 89503

Multi FamilyProperty Type
0.16 acresLot Size
1926Year Built
$346/sq ftPrice per sq ft
3 carsParking Spaces

Description

A unique 3 unit investment property with multiple possibilities close to University of Reno. The primary home, circa 1926 at 929 N Sierra Street is a charming residence with 2 bedrooms and 1 bath and an unfinished basement. A separate, freestanding, two unit building is at the rear of the property. Each duplex unit features one bedroom and one bath with parking and entrance off University Terrace. All units to be delivered vacant and could benefit from updating., Located in a desirable area, just...A unique 3 unit investment property with multiple possibilities close to University of Reno. The primary home, circa 1926 at 929 N Sierra Street is a charming residence with 2 bedrooms and 1 bath and an unfinished basement. A separate, freestanding, two unit building is at the rear of the property. Each duplex unit features one bedroom and one bath with parking and entrance off University Terrace. All units to be delivered vacant and could benefit from updating., Located in a desirable area, just steps from the University of Reno campus, downtown Reno nightlife and dining, as well as community parks, the 7,195 square foot lot has opportunity for development, with enough space for a rebuild of 4 units (and the possibility of 5). Do not miss out on this fantastic investment in a great part of up-and-coming Reno!
  • Listed by: A.J. Palomar 775.502.0496 aj.palomar.realtor@gmail.com • Realty One Group Eminence
Listing closed: 09/02/2022 12:00 AM • Source: NNRMLS, MLS#: 220009567
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Location

Listing Courtesy of Realty One Group Eminence, A.J. Palomar, License #BS.146776

Sold By Dickson Realty - Downtown, Jeffrey Loftin, License #BS.146214

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Payment Calculator

$2,859 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,774

Property Taxes

$85

HOA Dues

$0

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Property Information for 929 North Sierra Street

Property Details

  • Taxes: $1,016 / year
  • MLS Type: Residential Income
  • Zoning: MF30

Building Information

  • Stories: 1
  • Residences: 3
  • Year Built: 1926
  • Lot Size: 0.16 AC / 6,969 SF

Summary

Location and General Information
  • Directions: N. Sierra St
  • Address:Parcel Number: 00717134
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,016
  • Tax Legal:Elementary School: Elmcrest
  • Tax Legal:Middle Or Junior School: Clayton
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $1,016
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF30
  • Tax Legal:Directions: N. Sierra St
  • AssociationCommunity:Number Of Buildings: 2.0
Parking
  • Attached Garage YN: No
  • Parking Features: Alley Access, Assigned
  • Parking Total: 3.0
  • Parking Information:Parking Total: 3.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Assigned: Yes
School Information
  • Elementary School: Elmcrest
  • High School: Reno
  • Middle Or Junior School: Clayton

Property

Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 1504.0
  • Lot:Lot Size Acres: 0.16
  • Lot:Lot Size Square Feet: 6969.6
Property and Assessments
  • Parcel Number: 00717134
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1926
  • Number Of Buildings: 2
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Utilities:Water Meter Installed: 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:Separate Gas Meters YN: Yes
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: No

Interior and Exterior Features

Exterior Features
  • Stories: 1
  • Construction Materials: Frame, Wood Siding
  • Fencing: Back Yard, Front Yard, Partial
  • Foundation Details: Slab, Stone
  • Other Structures: Shed(s), Storage
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Double Pane Windows, Single Pane Windows, Varies
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 1.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Front Yard: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Slab: Yes
  • Foundation Details:Stone: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Storage: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Varies: Yes
Interior Features
  • Cooling: Electric
  • Cooling YN: Yes
  • Flooring: Carpet, Varies, Vinyl
  • Heating: Electric, Wall Furnace
  • Heating YN: Yes
  • Laundry Features: None
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Gas Range, Refrigerator
  • Interior:Building Area Total: 1504.0
  • Interior:Building Area Source: Owner
  • Cooling:Electric: Yes
  • Flooring:Carpet: Yes
  • Flooring:Varies: Yes
  • Flooring:Vinyl: Yes
  • Heating:Electric: Yes
  • Heating:Wall Furnace: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:None: Yes

Multi Family

Income & Expenses
  • Total Annual Operating Expenses: $3,364
  • Gross Scheduled Income: $23,100
  • Net Operating Income: $21,491
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 12480.0
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $23,100
  • Income and Expenses:Net Operating Income: $21,491
  • Income and Expenses:Total Annual Expenses: $3,364
  • Income and Expenses:Vacancy Allowance: $0
Multi Family Information
  • Number Of Units Total: 3

Property History for 929 North Sierra Street

DateEvent & SourcePriceAppreciation
Sep 2, 2022

Sold

NNRMLS #220009567

$519,684—
Aug 26, 2022

Sold (Public Record)

Public Record #1497004968

$519,684—
Aug 11, 2022

Pending

NNRMLS #220009567

—
DateEvent & SourcePrice
09/02/2022

Sold

NNRMLS #220009567

$519,684
08/26/2022

Sold (Public Record)

Public Record #1497004968

$519,684
08/11/2022

Pending

NNRMLS #220009567

—

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

Public Records for 929 North Sierra Street

Taxable Value

Land

$61,180

Additions

$18,540
Total$79,720

Tax Record

2025

$949 ($79 / month)

Home Facts

Baths

3

Total Finished SqFt

1,504 SqFt

Above Grade Finished SqFt

1,504 SqFt

Stories

1

Lot Size

7,195 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1926

Year Renovated

1926

Zoning

MF30

County

WASHOE

APN

007-171-34

Schools near 929 North Sierra 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 - K to 4
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Coral Academy Charter School Elementary
CharterK to 4

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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Listing Courtesy of Realty One Group Eminence, A.J. Palomar, License #BS.146776

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.