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$599000   Price Analysis
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1037 Litch Ct
Reno, NV 89509
3 bed 2 bath 1162 SqFt ($515/SqFt)
3485SqFt lot. Built 1926
Listed 2024-04-13, Taxes $1195
Ⓧ USDA Ineligible
due to location

near Reno

Double Down on Opportunity in Prime Midtown Reno!

Nestled in the heart of vibrant Midtown, you'll enjoy access to shops, restaurants and nghtlife, all right outside your doorstep. This unique property features two separate units, perfect for owner-occupied living with rental income or double the investment potential. The completely remodeled 1-bedroom unit offers a fresh and stylish living space, sure to attract renters or provide a comfortable living area.

The 2-bedroom unit delivers a charming feel with a fenced-in yard, ideal for pets or enjoying outdoor entertaining. Both units provide comfortable living areas. This property provides ample parking space, a rare gem in the bustling Midtown area. This versatile duplex caters to your vision. Live in one unit and rent out the other for passive income. Rent out both units and maximize your investment potential. Don't miss out on this unique opportunity!


Presented by Lauren Tuey at
Solid Source Realty.
Listing Agent Photo

Property MLS #240003992 from NNRMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Refrigerator
Oven/Range
Disposal
Microwave
Washer
Varies Per Unit
Laundry Facilities: Varies Per Unit

Water Heaters: Electric, Natural Gas, Varies by Unit
Natural Gas
Forced Air

Flooring: Ceramic Tile, Carpet, Laminate, Varies by Unit
Window Features: Double Pane, Varies by Unit

Partially Landscaped
Lot Size Acres: 0.08
Lot Size Square Feet: 3485

Fencing: Partial, Varies Per Unit

Garage Description: Common
Parking Total: 4

Number of Buildings: 2
Number of Units: 2
Unit Features: Blinds/Shades, Drapes/Curtains, Patio/Deck, Smoke Detector, Varies Per Unit
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Total Bathrooms in the 1 Bedroom Units: 1
Total Bathrooms in the 2 Bedroom Units: 1
Total Actual Rent of 1-Bedroom Units: 1400
Total Actual Rent of 2-Bedroom Units: 1600

Elementary School: Mount Rose
High School: Reno
Middle School: Swope

Mount Rose Elementary School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Reno High School is a public high school located approximately 1 miles away.
directions icon Map directions

Our Lady Of The Snows School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Gross Scheduled Income: 36968

Separated Meters-Gas
Separate Meters-Electric
Separate Water Heaters
Separate Heating/Cooling
Source Listing Status: ACTIVE
County: Washoe
Directions: Mary St to Litch Ct
Source Property Type: Multi-Family
Parcel Number: 01405523
Zoning: Mures
Property Subtype: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$13730 + $65625
$79355
$1195
2022$11197 + $50155
$61352
$1106
2021$10812 + $39130
$49942
$1024
2020$10720 + $35000
$45720
$962
2019$10103 + $33390
$43493
$917
2018$9693 + $25200
$34893
$876
2017$9816 + $24500
$34316
$840
2016$9845 + $26250
$36095
$822
2015$9662 + $16100
$25762
$821
2014$9113 + $14700
$23813
$796
2013$9019 + $11900
$20919
$773
2012$8895 + $11200
$20095
$745
2010$8194 + $11900
$20094
$955
2009$8260 + $17500
$25760
$967
2008$8260 + $21000
$29260
$983
2007$7773 + $23440
$31213
$913

Price Changed 2024-05-09
$599000
NNRMLS
Listed 2024-04-13
$625000
NNRMLS
Listing removed 2023-09-21
$0
NNRMLS
Price Changed 2023-08-16
$645000
NNRMLS
Price Changed 2023-07-24
$674900
NNRMLS
Listed 2023-07-08
$699900
NNRMLS
Listing removed 2023-07-08
$0
NNRMLS
Listed 2023-06-16
$699900
NNRMLS
Listing removed 2018-09-28
$0
NNRMLS
Listed 2018-09-27
$289000
NNRMLS
Sold 2018-09-26
$289000
NNRMLS
Listed 2018-07-06
$289000
NNRMLS
Sold 1991-05-06
$62308
Public Record
Sold 1991-05-01
$67500
Public Record
Sold 1989-10-13
$62500
Public Record
Sold 1989-10-01
$62500
Public Record

Access: Public

Total Square Feet Living: 1162
Year Built: 1926
Building Exterior Type: Stucco, Wood Siding
Construction Materials: Wood Frame
Foundation Details: Concrete/Crawl Space, Concrete Slab
Property Age: 98
Roof: Composition/Shingle, Flat, Pitched
Levels or Stories: 1
Structure Type: Duplex, Triplex, 4-Plex

Cable
City/County Water
City Sewer
Electricity
Natural Gas
Telephone

Green Energy Efficient: Double Pane Windows
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.