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    1203 Gilman Ave Gardnerville, NV 89410

    For Sale
    $795,000

    MULTI_FAMILY - Gardnerville, NV

    Property size:
    3,690 SF
    Lot size:
    0.83 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1203 Gilman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows, Blinds, Vinyl Frames
    Zoning
    sf three to four units
    Rooms
    Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
    APN
    132033401001
    Parking features
    Garage
    Patio and Porch features
    Patio
    Interior features
    No Interior Steps
    Fireplace
    1
    Appliances
    Electric Oven
    Size
    3,690 SF
    Lot size
    0.83 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Laminate, Carpet
    Building materials
    Board & Batten Siding, Brick Veneer
    Roof type
    Composition

    RE/MAX Realty Affiliates (775) 782-8777 [email protected]

    Listing agent Deane Tollmann (775) 720-3898 License #BS.3609

    Listing date Nov 14, 2025

    MLS# 250057884 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gardnerville Multifamily Investment Opportunity

    Located in the heart of Gardnerville, this multifamily property features four units with no vacancy. The property is situated in a good location near schools, restaurants, and shopping. The roof will be replaced within a few weeks. The property contains 3,690 square feet and is situated on a 0.83-acre lot. Seller will carry a note and deed of trust with $150,000 down, balance bearing 6% per annum with monthly payments in the amount $3,867, amortized over 30 years, all due and payable in 10 years. No prepayment penalty, subject to seller accepting buyers financials.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.751288
    Latitude
    38.939727

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    FAQs

    What type of property is this?
    Quadplex - Four units in central Gardnerville, near amenities. Seller financing available.
    Where is this quadplex located?
    The property is located at 1203 Gilman Ave Gardnerville, NV.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Four units with no vacancy.; - Seller financing available with favorable terms: $150,000 down, 6% interest, amortized over 30 years, due in 10 years, no prepayment penalty (subject to seller approval of financials).; - Excellent location in the heart of Gardnerville near schools, restaurants, and shopping.
    (775) 720-3898
    Request Owner's contact information
    1203 Gilman Ave Gardnerville, NV 89410
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    Gardnerville, NV 89410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1203 Gilman Ave Gardnerville, NV 89410
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