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Four-Unit Multifamily with Garages
For Sale
$1,350,000

4240 Sherman, Carson City, NV 89706

Two-bedroom residences feature fenced yards and in-unit laundry hookups.

Property Size4,400 SF
Price / SF$306.82
Days on Market15

Property Features for 4240 Sherman

General Information

Standard status Active
Size 4,400 SF
Property subtype Multi-family

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4
Parking per Unit 2

Amenities

in-unit laundry hookups
fenced yards

Building Details

Year Built 1992
Buildings 2
Listing Agency: RE/MAX Gold
Listed By: Angela Beard
Source: Ferrari-lund
Added: Aug 8 Changed: Aug 22 Last Checked: Aug 22 at 9:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold

Investment Insights

Based on property information with market context.

This multifamily property comprises two contiguous duplex buildings with four total residences. Each home offers two bedrooms and two bathrooms, along with secured two-car garage parking, laundry hookups inside the unit, and a fenced yard. The buildings were constructed in 1992, and each duplex is identified by its own APN.

The property is located in Carson City, Nevada, the state capital and home to government facilities and legislative activity. The surrounding rental market serves residents and visitors connected to employment, recreation, and business, with access to the Tahoe Reno Industrial Center and South Lake Tahoe. Current rents are below market, providing an opportunity for the next owner to evaluate rental income potential.

Key Highlights

  • Four total two‑bedroom, two‑bathroom residences
  • Secured 2‑car garage parking for each unit
  • Fenced yards for all residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 89706, NV

20,778
Population
9,107
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
84%
High-School Grad
34.5 sq mi
ZIP Area
602
Density / Sq Mi
$63,653
Median Household Income
$38,859
Median Earnings
$1,174
Median Rent
$344,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two-bedroom residences feature fenced yards and in-unit laundry hookups.
Where is this multifamily property located?
The property is located at 4240 Sherman Carson City, NV.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Four total two‑bedroom, two‑bathroom residences; Secured 2‑car garage parking for each unit; Fenced yards for all residences
More about this property
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