$10,000

closing credit¹

1050 W 2nd St Reno, NV 89503

$1,250,000
0.07 acres
Multi-Family

Property details

About 1050 W 2nd St

Investment Opportunity: 5-Unit Apartment Building Property Overview: Welcome to this exceptional investment opportunity! This well-maintained 5-unit apartment building features a total of 6 bedrooms and 6 bathrooms, offering a versatile rental option in a prime location. With a mix of one-bedroom and two-bedroom units, this property promises both immediate rental income and long-term potential.

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
Lot size0.07 Acres
Year built1932
MLS #240011335

Summary

  • MLS Number: 240011335
  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 391-9076
  • Listing Agent: Laura Kirsch

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$1,250,000

1050 W 2nd St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 17, 2021
Home Sold
$1,020,000
Apr 23, 2015
Home Sold
$477,000
Jul 28, 2006
Home Sold
$422,500

Tax history

YearAssessmentProperty Tax
2023$95,864$1,990
2022$81,205$1,838
2021$68,161$1,702
2020$66,341$1,702
2019$61,718$1,526
2018$55,453$1,458
2017$53,195$1,398

History based on county public records data.

Nearby schools

9

Mount Rose Elementary School

Public District KG-5

0.9 mi

915 Lander St

3

Elmcrest Elementary School

Public District KG-5

1.0 mi

855 McDonald Dr

8

Hunter Lake Elementary School

Public District KG-5

1.0 mi

909 Hunter Lake Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,771. The majority of Reno, NV residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

60%
<35k
33%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

77%
Single, No Kids
7%
Single, with Kids
14%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
24%
18-34 yrs old
48%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes
  • Bob EvansBob Evans

What do the neighbors drive?

  • CadillacCadillac
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1050 W 2nd St in Reno, NV and zip code 89503. Features: 0 bathroom. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $1,250,000.

In January 2025, from all listings sold in Reno, NV there were more than 29 sold above asking price, over 126 sold below and more than 62 were sold right at the asked price. The number of homes for sale in Reno, NV increased by 1.1% between December and January 2025. The median list price of listings available in January 2025 was $575,114, while the average time on the real estate market was 100 days.

From Rocket Homes Real Estate and based on county public records data.

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