175 Wonder St, Reno, NV 89502

$864,000
6
BD
3
BA
2,592
SqFt

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Sold Price
$864,000
List Price
$899,000
Status
CLOSED
MLS#
260005476
Subdivision
Other
Subdivision
Mccormick Addition
Days on Market
39
Closing Date
Jun 10, 2026
Year Built
1977
Bedrooms
6
Bathrooms
3
Acres
0.16
Living Area
2,592
Lot Size
7,013

Property Description

***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

Additional Information

Taxes
$1,930
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Roof
Pitched, Asphalt
Foundation
Crawl Space, Full Perimeter
Exterior Features
Balcony, Dog Run, Rain Gutters
Garage Description
Alley Access, Detached, Garage
Elementary School
Veterans
Middle School
Vaughn
High School
Wooster

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Bradley Wass and Coldwell Banker Select Reno. Contact:

Selling Office: RE/MAX Professionals-Reno.

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Data last updated on 06/28/2017.

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