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$470,000
4 Beds 2 Baths 260008433 MLS
Income-producing duplex in the heart of Gardnerville, offering investors a turnkey opportunity in one of Northern Nevada's steadiest rental markets. Two separate units under one roof—two income streams, reduced vacancy risk, and economies of scale on maintenance and insurance. Both units are 2 bedrooms, 1 bath, and a 1-car garage, with additional driveway parking in front of each garage. This mirrored layout simplifies maintenance, turnovers, and tenant expectations, and the dedicated garage plus off-street parking is a meaningful draw for renters in this market. Here's where the upside lives: Unit B has been fully updated [kitchen, flooring, paint, etc.] and is ready to command top-of-market rent. Unit A remains in original condition, giving an investor a clear value-add play—renovate to match. You're buying one stabilized, rent-ready unit and one with built-in equity and income upside. Nevada's lack of state income tax, landlord-friendly statutes, and proximity to Carson City, Reno, and the Tahoe job corridor make this an attractive long-term hold. Whether you're house-hacking the updated side, building a small-multifamily portfolio, or executing a 1031 exchange, 1524 North Court offers both immediate cash flow and a defined path to higher returns.

1524 N Ct A Unit A, B, Gardnerville

$457,500
250005526 MLS
Excellent opportunity to own a rare, in-town duplex. Great location within walking distance to schools, shopping, events and more. Each unit is 2-bed, 1-bath with a 1-car attached garage. Corner lot for additional privacy with HOA maintained common area in the rear. Roof was replaced in 2015 and both water heaters and furnaces were replaced about the same time. Newer range/oven in Unit B. Resilient LVP flooring installed in both units. Easy to manage with HOA responsible for landscaping and water. Window air unit and refrigerator is included in the sale. HOA fees are approximately $2,600 per year. Unit B is on month-to-month currently rented at $1,300 per month. Unit A is on month-to-month and currently pays $1,225 per month. UNIT A may only be shown upon accepted offer. Please do not disturb tenants

1522 North Ct, Gardnerville

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Data last updated on 06/28/2017.

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 brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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