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2285 Patton Drive

Reno, NV 89512
  • $640,000
  • STATUS: Closed
  • ON SITE: 256 Days
  • MLS #: 250002432
Sold - 05/06/2025
$640,000
SOLD - 05/06/2025
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,432
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Hug

Description

Turnkey 4-Plex Investment Opportunity 6% CAP Rate! Don't miss this renovated 4-plex, featuring four 2-bed, 1-bath units, all updated in 2024. Situated in a prime central location, this property is fully leased and generating strong cash flow, offering a rare 6% CAP rate in today's market., The concrete block exterior ensures low-maintenance durability, while ample front and street parking adds convenience for tenants. Additionally, a detached laundry facilitycurrently not in operationpresents an opportunity to add even more value and amenities. This is a fantastic turnkey investment, don't miss out on this income-producing property!

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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is 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. Data last updated: 2025-11-12T00:19:37.637.
www.vaulethomes.com/homes/160971162
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2285 Patton Drive Reno, NV 89512

  • Price: $699,000
  • Status: Closed
  • On Site: 256 Days
  • MLS #: 250002432
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,432
SQFT
$0
$/SQFT
1963
Built
Neighborhood:
89512
County:
Washoe
Area:
89512
Elementary School:
Cannan
Middle School:
Traner
High School:
Hug
Property Description
Turnkey 4-Plex Investment Opportunity 6% CAP Rate! Don't miss this renovated 4-plex, featuring four 2-bed, 1-bath units, all updated in 2024. Situated in a prime central location, this property is fully leased and generating strong cash flow, offering a rare 6% CAP rate in today's market., The concrete block exterior ensures low-maintenance durability, while ample front and street parking adds convenience for tenants. Additionally, a detached laundry facilitycurrently not in operationpresents an opportunity to add even more value and amenities. This is a fantastic turnkey investment, don't miss out on this income-producing property!
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Features [] Foundation Details Slab Parking Features Common Patio And Porch Features [] Pool Features [] Roof Flat Spa Features [] Window Features []

Interior Features

Accessibility Features [] Appliances OvenGas RangeRefrigerator Building Area Total 3432 Common Walls [] Cooling [] Fireplace Features [] Flooring Laminate Heating Natural Gas Heating YN Yes Interior Features [] Laundry Features In UnitWasher Hookup Levels [] Unit1 Baths Total 0 Unit2 Baths Total 0 Unit3 Baths Total 4 Unit4 Baths Total 0

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing [] Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features [] Other Equipment [] Other Structures [] Owner Pays [] Parking Total 6 Road Frontage Type Public Road Responsibility Public Maintained Road Security Features [] Sewer [] Special Listing Conditions [] Tax Annual Amount 1713.96 Tenant Pays [] Unit Type Type [] Unit1 Actual Rent 0 Unit1 Unit Type Studio Unit2 Actual Rent 0 Unit2 Unit Type 1 Bedroom Unit3 Actual Rent 1278 Unit3 Unit Type 2 Bedroom Unit4 Actual Rent 0 Unit4 Unit Type 3 Bedroom Utilities Electricity AvailableNatural Gas AvailablePhone AvailableWater AvailableWater Meter Installed Water Source Public Waterfront Features [] Zoning MF30

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Dickson Realty - Caughlin: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is 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. Data last updated: 2025-11-12T00:19:37.637.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502