Modern Duplex with Private
442 E 7th Street Reno, NV 89512
For Sale
$687,000
Pending
MULTI_FAMILY - Reno, NV
Property Size1,474 SF
Lot Size0.03 Acres
Days on Market320
Property Features for 442 E 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- MD-ID
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Parking
- 2
- Parking features
- Alley, Carport, Open, Assigned
- Security features
- Security System
- Window features
- Vinyl Frames, Double Pane Windows, Low Emissivity Windows
- Patio and Porch features
- Patio
- Interior features
- Loft, Smart Thermostat
- Exterior features
- Balcony
- Appliances
- Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Smart Appliance(s), Washer
- Standard status
- Pending
- APN
- 007-233-06
- Size
- 1,474 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3573
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2020
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Frame, Wood Siding
- Roof type
- Asphalt, Composition
Listing Agency:
LPT Realty, LLC
(775) 544-1328
Listed By:
Sage Ball · License #BS.147100
(775) 790-0249
Added: Sep 11, 2025
Changed: Jul 18
Last Checked: Jul 27 at 7:06AM
MLS# 250055789
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This modern duplex was built in 2020 and features two separate units that are mostly furnished. Each unit includes a private balcony and private carport parking equipped with garage door openers, supporting convenient everyday use for residents. Solar panels are also included, adding to the property’s energy-focused improvements.
The property is located in Reno near UNR and downtown, with access to nearby shopping, dining, and parks. It is described as walkable and bike-friendly and close to key commuter routes, which can help reduce reliance on long commutes for tenants.
For buyers, the practical appeal is the current income-oriented setup: both units are leased, and the furnishing provides an easier transition for an owner seeking a turn-key operation. The duplex format allows for separate unit management while maintaining a compact, low-maintenance footprint well suited to investors looking for a straightforward ownership structure in a well-located area.
The property is located in Reno near UNR and downtown, with access to nearby shopping, dining, and parks. It is described as walkable and bike-friendly and close to key commuter routes, which can help reduce reliance on long commutes for tenants.
For buyers, the practical appeal is the current income-oriented setup: both units are leased, and the furnishing provides an easier transition for an owner seeking a turn-key operation. The duplex format allows for separate unit management while maintaining a compact, low-maintenance footprint well suited to investors looking for a straightforward ownership structure in a well-located area.
Key Highlights
- Duplex built in 2020 with central air and forced‑air natural gas heating
- Each unit includes a private balcony and private carport parking with garage door openers
- Solar panels plus mostly furnished units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.7k | $22.20 |
| − Vacancy | −$1.4k | −$0.95 |
| EGI | $31.3k | $21.25 |
| − OpEx | −$9.4k | −$6.38 |
| NOI | $21.9k | $14.88 |
1,474 SF · lease $22.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.3K
$274.1K – $365.5K
NOI $21,928 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$272.1K
$238.1K – $317.4K
NOI $19,046 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$454.3K
$397.5K – $530.0K
NOI $31,799 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2020, this two-unit duplex offers mostly furnished units with private balconies and carport parking.
Where is this duplex located?
The property is located at 442 E 7th Street Reno, NV.
What is the asking price?
The asking price for this property is $687,000.
What are key features of this property?
This property features: Duplex built in 2020 with central air and forced‑air natural gas heating; Each unit includes a private balcony and private carport parking with garage door openers; Solar panels plus mostly furnished units
