462 Laurel Street, Reno, NV 89512

Local realty services provided by:Better Homes and Gardens Real Estate Universal
#1#2#3
462 Laurel Street,Reno, NV 89512
$1,050,000
  • - Beds
  • - Baths
  • 3,340 sq. ft.
  • Multi-family
  • Active
Listed by:victoria palladino
Office:dickson realty - caughlin
MLS#:250000365
Source:NV_NNRMLS

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$314.37

About this home

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

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Home facts

  • Year built:1918
  • Listing Id #:250000365
  • Added:215 day(s) ago
  • Updated:August 13, 2025 at 03:06 PM

Rooms and interior

  • Living area:3,340 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Year built:1918
  • Building area:3,340 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Hug
  • Middle school:Traner
  • Elementary school:Lemelson Stem Academy

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$314.37
  • Tax amount:$3,305
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