734 Tahoe St, Reno, NV 89509
- Commercial real estate
- 5,236 SF
- 0.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 734 Tahoe St
- Year built
- 2024
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
- APN
- 011-272-10
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 26, 2026 | $2,150,000 | 734 Tahoe LLC | Timothy D Gilbert & Nancy Avanzino | Bargain & Sale Deed | $955k · Mechanics Bank |
| Apr 28, 2023 | — | Virginia Lockwood & Gilbert LLC | Virginia Lockwood & Gilbert LLC | Deed · related | $2.1M · Seattle Funding Group Ltd |
| Oct 20, 2022 | — | The Virginia Lockwood & Gilbert LLC | Timothy D Gilbert | Quitclaim Deed · related | $300k · Gloria Fitch |
| Jul 12, 2021 | — | Timothy D Gilbert | Timothy D Gilbert | Deed · related | — |
| Apr 23, 2021 | $400,000 | Timothy Gilbert | Larry R Baker | Bargain & Sale Deed | $300k · Gloria Fitch |
Description
This exceptional 6-unit apartment building, constructed in 2024, presents a compelling investment opportunity. Located in Reno's desirable Midtown submarket, at 734 Tahoe Street, this Class A property boasts 5,236 square feet of net rentable space on a 0.138-acre lot. The building features a mix of unit sizes: four one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit, and one three-bedroom/three-bathroom unit, all with 100% occupancy. Each unit showcases custom finishes, including large kitchens, new washer/dryers, spacious closets, shaker-style cabinets with crown molding, quartz countertops, and ceiling fans. Select units offer upgraded features such as vaulted ceilings, custom beams, enhanced vanities, larger kitchens with islands, and dining spaces. The Spanish Revival-inspired design incorporates a thoughtfully designed common area and covered access points, enhancing the overall appeal. Its proximity to South Virginia Street provides convenient access to Reno's vibrant Midtown amenities, including restaurants, shops, and entertainment venues. This low-maintenance property is ideal for investors seeking a strong return and a desirable location in a landlord-friendly state. The property's permitted zoning is MU-MC, and its APN is 011-272-10. This is a warranted new construction offering a compelling opportunity for a 1031 exchange. The asking price is $2,595,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.809688
- Latitude
- 39.5175173
