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3905 Pheasant Drive

Carson City, NV 89701
  • $930,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 250054938
UPDATED: 50 min ago
$930,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1994
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simpleask us for it.

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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: 2025-12-15T17:19:44.093.
www.vaulethomes.com/homes/167247081
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3905 Pheasant Drive Carson City, NV 89701

  • Price: $930,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 50 min ago
  • MLS #: 250054938
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1994
Built
Neighborhood:
89701
County:
Carson City
Area:
89701
Elementary School:
Empire
Middle School:
Eagle Valley
High School:
Carson
Property Description
3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simpleask us for it.
Exterior Features

Attached Garage YN No Construction Materials FrameWood Siding Exterior Features None Foundation Details Crawl Space Parking Features Common Patio Yes Patio And Porch Features Patio Pool Features None Roof CompositionShingle Spa Features None Window Features BlindsDouble Pane Windows

Interior Features

Accessibility Features [] Appliances OvenENERGY STAR Qualified AppliancesDishwasherDisposalDryerElectric RangeMicrowaveRefrigeratorWasher Building Area Total 3720 Common Walls [] Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLuxury VinylVinyl Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features In Kitchen Levels Two Unit1 Baths Total 1 Unit2 Baths Total 1 Unit3 Baths Total 1 Unit4 Baths Total 1 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing Back YardPartial Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventionalFHAVA Loan Lot Features LandscapedLevelSprinklers In Front Other Equipment [] Other Structures None Owner Pays All Utilities Property Sub Type Quadruplex Road Frontage Type [] Road Responsibility [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 3963.05 Tenant Pays All Utilities Unit Type Type [] Unit1 Actual Rent 1700 Unit1 Unit Type 3 Bedroom Unit2 Actual Rent 1600 Unit2 Unit Type 2 Bedroom Unit3 Actual Rent 1600 Unit3 Unit Type 2 Bedroom Unit4 Actual Rent 1600 Unit4 Unit Type 2 Bedroom Utilities Electricity AvailableInternet AvailableNatural Gas AvailableSewer AvailableWater AvailableCellular Coverage Water Source Public Waterfront Features [] Zoning MFA

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Address Income: .

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: 2025-12-15T17:19:44.093.
 
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5905 S. Virginia St. Suite 300
Reno NV, 89502