1408 Douglas Avenue

Gardnerville, NV 89410

$2,600,000
Last Sold Price
30
Beds
24
Baths
13,488 Sq. Ft.
$193 / Sq. Ft.
13,488
Sq. Ft.
$193
per Sq. Ft.

Description

Quality,12-unit apartment complex made up of three buildings located in the heart of downtown Gardnerville. All units have been well maintained with four being totally remodeled with new kitchens, baths, and flooring. The roofs were replaced in 2002, all of the heating units were replaced in 2019, all water heaters were replaced in 2009, and the exterior facia was replaced in 2019,Quality,12-unit apartment complex made up of three buildings located in the heart of downtown Gardnerville. All units have been well maintained with four being totally remodeled with new kitchens, baths, and flooring. The roofs were replaced in 2002, all of the heating units were replaced in 2019, all water heaters were replaced in 2009, and the exterior facia was replaced in 2019,
  1. Listed by Charles Kitchen • Charles Kitchen Realty

Property Details for 1408 Douglas Avenue

Zoning Actual
330
Total Parking Capacity
26

Location

Listing Courtesy of Charles Kitchen Realty, Charles Kitchen, License #74

Sold By Ferrari-Lund R.E. Sparks, Jennifer Linn, License #9181

Add your commute
LISTING UPDATED: 10/12/2023 03:51 PM

Property Details for 1408 Douglas Avenue

StatusSold
MLS #220005889
Days on Compass528
Taxes$8,807 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1976
Lot Size0.83 AC / 36,154 SF
CountyDouglas County

Location

Listing Courtesy of Charles Kitchen Realty, Charles Kitchen, License #74

Sold By Ferrari-Lund R.E. Sparks, Jennifer Linn, License #9181

Add your commute

Building Information for 1408 Douglas Avenue

Stories2Residences-Year Built1976Building Size-Lot Size0.83 AC / 36,154 SF

Payment Calculator

$14,923 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$734

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1408 Douglas Avenue

Summary
Location and General Information
  • Area: G/M Downtown
  • Zip: 89410
  • Geo Latitude: 38.940256
  • Geo Longitude: -119.750725
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 1408 Douglas Ave
  • Geo Primary City: Gardnerville
  • Geo Subdivision: NV
  • Geo Postal Code: 89410
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1408 Douglas Ave
  • County: Douglas
  • Elementary School: Gardnerville
  • Middle School: Carson Valley
  • High School: Douglas
  • Xstreet/Directions: Hwy 395 to Gilman Ave. to Douglas Ave.
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $8,806.86
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1976.0
  • Acreage: 0.83
  • Type of Property: Apartment Complex
  • Parcel #: 132033401005
  • Complex Name: Douglas Court Apartments
  • Gross Square Footage: 13488.0
Property and Assessments
  • Cap Rate: 3.00%
  • Documents On File: Financial Statements, Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Wood Frame
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 05-02-2022
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Natural Gas, Forced Air
  • Water Heater: Electric
  • Windows: Double Pane
  • Facility Features: Primary Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: BBQ/Picnic Area
  • Unit Features: Blinds/Shades, Smoke Detector
  • Appliances: Dishwasher, Disposal, Oven/Range
  • Laundry: Kitchen
  • Flooring: Carpet, Laminate, Sheet Vinyl, Varies by Unit
  • Green Features: None
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Masonry Veneer, Metal Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed
  • Landscaped: Partially Landscaped
  • Sprinklers: Automatic, Front, Yes
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 0
  • 1 Bedroom - # Units: 0
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 12
  • 2 Bedroom - # Units: 6
  • 2 Bedroom - SqFt/Unit: 939
  • 2 Bedroom - Avg Rent/Unit: 900
  • 3 Bedroom - # Baths: 12
  • 3 Bedroom - # Units: 6
  • 3 Bedroom - SqFt/Unit: 1171
  • 3 Bedroom - Avg Rent/Unit: 1400
  • 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: 12
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $30,026.09
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $116,357.00
  • Net Operating Income: $86,331.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 528
  • DOMLS: 528
  • Cumulative DOM: 528
  • Cumulative DOMLS: 528
  • Possession: Negotiable
  • Sale/Lease: For Sale
  • Contact Name: Charles Kitchen
  • Contact Phone: 775-742-4165
Rental
Rent Information
  • Annual Vacancy: $5.00
  • Current Lease: Month to Month

Property History for 1408 Douglas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1408 Douglas Avenue

Taxable ValueLand$115,500Additions$140,939Total$256,439
Tax Record2023$9,343 ($779 / month)
Home Facts
Total Finished SqFt13,488 SqFtAbove Grade Finished SqFt13,488 SqFtStories2Lot Size36,155 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976CountyDOUGLASAPN1320-33-401-005

Schools near 1408 Douglas Avenue

This home is within Douglas County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gardnerville Elementary School
PublicPK to 5

Carson Valley Middle School
Public6 to 8

Douglas County High School
Public9 to 12

ASPIRE Academy High School
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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Charles Kitchen Realty, Charles Kitchen, License #74

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.