Two-Story Duplex with
For Sale
$695,000
Pending
442 E 7th Street, Reno, NV 89512
Residential Income, Reno, NV
Property Size1,474 SF
Lot Size0.03 Acres
Days on Market23
Property Features for 442 E 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MD-ID
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2
Parking features
Garage, Alley
Security features
Security System
Window features
Double Pane Windows, Vinyl Frames, Low Emissivity Windows
Patio and Porch features
Deck
Interior features
Loft, Smart Thermostat
Exterior features
Balcony
Appliances
Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Smart Appliance(s), Washer
Subdivision
Evans Northeast Addition
Lot features
Level
Elementary school
Booth
Middle school
Vaughn
High school
Wooster
Directions
Access ally or take E 7th Street and enter gate to 442 E 7th #1 & #2
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
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2020
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Frame, Wood Siding
Roof type
Asphalt, Composition
Additional Structures
Storage
Listing Agency:
Chase International-Damonte
(775) 850-5900
Listed By:
Isabel Concha-Foley · License #S.189583
(775) 790-1387
Added: Sep 23
Changed: Oct 8
Last Checked: Oct 15 at 1:06AM
MLS# 260012257
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.
Completed in 2020, this duplex contains 1,474 square feet across two residences, each arranged over two levels. The lower floor includes a kitchen, dining area, half bathroom, and stairway access. Upstairs, each residence provides two bedrooms, a full bathroom, and a loft with laundry and a wine refrigerator. Primary bedrooms connect to private balconies, while interior finishes include laminate and carpet flooring, frame construction with wood siding, and central air conditioning.
The property is located at 442 E 7th Street in Reno, near the University of Nevada, Reno, Downtown, and Midtown. Parking is provided through a garage with alley access. Public water and sewer serve the property, and MD-ID zoning is identified in the listing.
The property is located at 442 E 7th Street in Reno, near the University of Nevada, Reno, Downtown, and Midtown. Parking is provided through a garage with alley access. Public water and sewer serve the property, and MD-ID zoning is identified in the listing.
Key Highlights
- Duplex totaling 1,474 square feet
- Built in 2020
- Each residence includes two bedrooms and a two‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,928
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,560
$438.6K
Cap Rate 7%
$313,257
$313.3K
Cap Rate 9%
$243,644
$243.6K
Market Conditions
NOI Build-Up for 1,474 SF
Gross rent
$32.7K $22.20/SF
− Vacancy
−$1.4K −$0.95/SF
EGI
$31.3K $21.25/SF
− OpEx
−$9.4K −$6.38/SF
NOI
$21.9K $14.88/SF
Area
Reno, NV
Vacancy
4.27%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,560
Cap Rate 7%
$313,257
Cap Rate 9%
$243,644
Alternative Uses
Best Use
Multifamily LT 5
$313.3K
$274.1K – $365.5K
NOI $21,928 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$272.1K
$238.1K – $317.4K
NOI $19,046 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$454.3K
$397.5K – $530.0K
NOI $31,799 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
Demographics for 89512, NV
30,148
Population
12,374
Households
2.4
Avg Household Size
30
Median Age
18%
College-Educated
76%
High-School Grad
6.2 sq mi
ZIP Area
4,863
Density / Sq Mi
$45,284
Median Household Income
$34,587
Median Earnings
$1,113
Median Rent
$318,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2020 near UNR, Downtown, and Midtown, with flexible interior space and private outdoor areas.
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 $695,000.
What are key features of this property?
This property features: Duplex totaling 1,474 square feet; Built in 2020; Each residence includes two bedrooms and a two‑story layout
