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175 Wonder ST Reno, NV 89502
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Key Details
Sold Price $864,000
Property Type Commercial
Sub Type Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $333
Subdivision Mccormick Addition
MLS Listing ID 260005476
Sold Date 06/10/26
Bedrooms 6
Year Built 1977
Annual Tax Amount $1,930
Lot Size 7,013 Sqft
Acres 0.16
Lot Dimensions 0.16
Property Sub-Type Income
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
Location
State NV
County Washoe
Community Mccormick Addition
Area Mccormick Addition
Zoning MF40
Direction 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling Evaporative Cooling
Flooring Luxury Vinyl
Fireplace No
Laundry Varies By Unit
Exterior
Exterior Feature Balcony, Dog Run, Rain Gutters
Parking Features Alley Access, Detached, Garage
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Asphalt,Pitched
Garage No
Building
Lot Description Level, Sprinklers In Front, Sprinklers In Rear
Story 2
Foundation Full Perimeter, Crawl Space
Water Public
Structure Type Brick,Frame,Wood Siding
Schools
Elementary Schools Veterans
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 013-226-13
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Owner May Carry, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Owner May Carry, VA Loan
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