374-376 West Arroyo Street

Reno, NV 89509

$750,000
Price
3
Beds
2
Baths
1,567 Sq. Ft.
$479 / Sq. Ft.
1,567
Sq. Ft.
$479
per Sq. Ft.

Description

An Amazing investment property in Midtown! Comprised of 2 single family units on 1 parcel. Unit #374: Occupied- built 1930, 788 sf, could be used as a 1 or 2 bedroom; 1 car garage; interior recarpeted & painted . Unit #376: Occupied, built 1954, 779 sf, 2 bedroom, Carpet and paint was done, New windows and roof.An Amazing investment property in Midtown! Comprised of 2 single family units on 1 parcel. Unit #374: Occupied- built 1930, 788 sf, could be used as a 1 or 2 bedroom; 1 car garage; interior recarpeted & painted . Unit #376: Occupied, built 1954, 779 sf, 2 bedroom, Carpet and paint was done, New windows and roof.
  1. Listed by Erin Villalobos • Chase International-Sparks

Property Details for 374-376 West Arroyo Street

Zoning Actual
Mures
Total Parking Capacity
4

Location

Listing Courtesy of Chase International-Sparks, Erin Villalobos, License #11084
Add your commute
LISTING UPDATED: 04/19/2024 11:11 PM

Property Details for 374-376 West Arroyo Street

StatusActive
MLS #240004043
Days on Compass15
Taxes$1,441 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 SFR on 1 APN
Year Built1930
Lot Size0.16 AC / 6,969 SF
CountyWashoe County

Location

Listing Courtesy of Chase International-Sparks, Erin Villalobos, License #11084
Add your commute

Building Information for 374-376 West Arroyo Street

Stories1Residences-Year Built1930Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$4,213 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 374-376 West Arroyo Street

Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89509-2722
  • Geo Latitude: 39.5112897645141
  • Geo Longitude: -119.812050542328
  • Geo Quality: 1.0
  • Geo Zoom Level: 18.0
  • Geo Match Code: 3
  • Geo Matched Method: 0
  • Address: 374 -376 W Arroyo St
  • County: Washoe
  • Elementary School: Mount Rose
  • Middle School: Swope
  • High School: Reno
  • Xstreet/Directions: S. Virginia to w. Arroyo St
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $1,440.98
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Garage, Attached, Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1930.0
  • Acreage: 0.16
  • Type of Property: 2 SFR on 1 APN
  • Parcel #: 01411403
  • Complex Name: n/a
  • Gross Square Footage: 1567.0
Property and Assessments
  • Cap Rate: 4.00%
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: No
  • Construction: Wood Frame
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 04-15-2024
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Propane, Wall Heater, Varies by Unit
  • Water Heater: Propane
  • Windows: Double Pane
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Separate Meters-Water, Separate Water Heaters, Tenant Pays Utilities
  • Common Features: None
  • Unit Features: Blinds/Shades, Drapes/Curtains, Smoke Detector, Varies Per Unit
  • Appliances: Refrigerator, Oven/Range, Disposal, Varies Per Unit
  • Laundry: Varies Per Unit
  • Flooring: Carpet, Sheet Vinyl
Exterior Features
  • Foundation: Concrete Slab
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Propane, Telephone, Varies by Unit, Water Meter Installed
  • Landscaped: Yes
  • Sprinklers: None
  • Fenced: Varies Per Unit
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 1
  • 1 Bedroom - SqFt/Unit: 788
  • 1 Bedroom - Avg Rent/Unit: 1600
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 1
  • 2 Bedroom - SqFt/Unit: 779
  • 2 Bedroom - Avg Rent/Unit: 1700
  • 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: 2
  • Stories: 1 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $6,000.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $39,600.00
  • Net Operating Income: $32,000.00
Agent
Showing and Remarks
  • Showing Instructions: Other
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 5
  • DOMLS: 5
  • Cumulative DOM: 5
  • Cumulative DOMLS: 5
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: Joshua
  • Contact Phone: 775-830-2804
Rental
Rent Information
  • Annual Vacancy: $1,600.00
  • Current Lease: Leases

Property History for 374-376 West Arroyo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 374-376 West Arroyo Street

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

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374-376 West Arroyo Street is a multi-family home for sale in Reno, NV 89509. This property was listed for sale on April 15, 2024 by Chase International-Sparks, it's currently listed at $750,000. It has been on the market for a total of 15 days and was last sold on September 24, 2018. This listing's school district is Washoe County School District. Nearby schools include Mount Rose Elementary School, Darrell C Swope Middle School and Reno High School. 374-376 West Arroyo Street is a 3-bed, 2-bath, 1,567 sqft multi-family home built in 1930.

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 Chase International-Sparks, Erin Villalobos, License #11084

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.