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462 Laurel Street, Reno, NV 89512

Reno
Local realty services provided by:CENTURY 21 Prime
462 Laurel Street,Reno, NV 89512
$1,050,000
  • 7 Beds
  • 4 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:564 day(s) ago
  • Updated:July 29, 2026 at 04:23 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Flooring:Carpet, Concrete, Laminate
  • Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Living area:3,340 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1918
  • Building area:3,340 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Landscaped
  • Construction Materials:Frame, Stucco

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

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Laundry features:Dryer, In Kitchen, In Unit, Washer

Parking

  • Parking description:Alley Access, Assigned
The information being provided by Northern Nevada Regional Mls Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Northern Nevada Regional Mls Inc.. CENTURY 21 Prime is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Prime, a broker participant of Northern Nevada Regional Mls Inc.. 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Northern Nevada Regional Mls Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Northern Nevada Regional Mls Inc.. All rights reserved. NV_NNRMLS Member Broker: Michelle Barney

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