175 Wonder Street, Reno, NV 89502
Local realty services provided by:CENTURY 21 Sonoma Realty
175 Wonder Street,Reno, NV 89502
$899,000
- 6 Beds
- 3 Baths
- 2,592 sq. ft.
- Multi-family
- Active
Listed by: bradley wass
Office: coldwell banker select reno
MLS#:260005476
Source:NV_NNRMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$346.84
About this home
***Seller Financing Available*** This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a **4th UNIT** and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings...
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Home facts
- Year built:1977
- Listing ID #:260005476
- Added:1 day(s) ago
- Updated:May 03, 2026 at 04:49 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Flooring:Carpet, Luxury Vinyl
- Kitchen Description:Electric Oven, Electric Range, Refrigerator
- Living area:2,592 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air, Heating
Structure and exterior
- Year built:1977
- Building area:2,592 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Level, Sprinklers In Front, Sprinklers In Rear
- Construction Materials:Brick, Frame, Wood Siding
- Exterior Features:Balcony, Dog Run
- Levels:Two
Schools
- High school:Wooster
- Middle school:Vaughn
- Elementary school:Veterans
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$346.84
- Tax amount:$1,930
Features and amenities
- Appliances:Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer
- Laundry features:Dryer, Varies By Unit, Washer
Parking
- Parking description:Alley Access, Detached, Garage
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