ROLL OUT OF BED ON TO UNIVERSITY OF RENO NEVADA CAMPUS. 4-PLEX 2 SEPARATE BUILDINGS, WITH 2 UNITS PER BUILDING, EACH UNIT HAS 2 BEDROOMS AND 1 BATHROOM WITH WALKING DISTANCE TO THE UNIVERSYTY , PARKS, TRUCKEE RIVER, DOWNTOWN, RESTAURANTS. TO BE SOLD AS IS CURRENT CONDITION. 2017 VALLEY ROAD NEXT DOOR IS FOR SALE 4-PLEX 4 UNITS HAVE 2 BEDROOMS 1 BATHROOM ITS OFERED AT $950,000. THIS IS YOUR OPPORTUNITY TO OWN 2 4-PLEX. 8 Units. DRIVE BY ONLY MAKE OFFER SUBJECT TO INSPECTIONS. DO NOT DISTURVE THE TENNANTS. , DRIVE BY ONLY MAKE OFFER SUBJECT TO INSPECTIONS. DO NOT DISTURVE THE TENNANTS.
Multi-familyProperty Type
1940Year Built
7,405 sq ftLot Size
$378Est. Price/Sq.Ft.
4 spacesParking
Listed by Mira Vega Rios•DRE #S.48501• Haute Properties NV
Bought with John Williford•DRE #S.184938• Chase International-Damonte
Investment property located close to UNR and Downtown Reno — great income potential. This property is a 4-Plex: 2 buildings, 4 units. Two units are 1 bedroom, 1 bath and two units are 2 bedroom, 1 bath. This property offers options for the new owner. Live in one unit and create income by renting the other 3 units; or rent all four units. Average rent for 1-bedroom units has been $475/mth; 2 bedroom units, $750/mth. Enjoy downtown Reno's great events, as well as the short commute to UNR. , 3 of the 4 units are currently rented month-to-month while the sellers are intentionally keeping Unit 37 vacant for potential buyers to view. There is shared water and sewer. Each unit is metered separately for gas and electric services. Rents are extremely low for current market. The Sellers do not know much about this property, as it's part of a Trust. There are 2 Units that may have gas forced air heating instead of wall heaters. More to be disclosed as discovered.
Public Records
Oct 13, 1993
Sold
$90,000
$40/sq ft
Public Records
Aug 16, 1989
Sold
$65,000
$29/sq ft
Public Records
Oct 1, 1988
Sold
$48,035
$21/sq ft
Public Records
Nov 1, 1986
Sold
$95,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,126 (−77.3%)
$57,750 + $23,277
$81,027
2024
$4,955 (−1.1%)
$54,740 + $23,037
$77,777
2023
$5,012 (+457.8%)
$54,250 + $23,270
$77,520
2022
$898 (+7.9%)
$49,000 + $20,104
$69,104
2021
$833 (+6.2%)
$41,825 + $17,053
$58,878
2020
$785 (+2.4%)
$35,420 + $16,721
$52,141
2019
$766 (+3.6%)
$35,000 + $16,482
$51,482
2018
$740 (+2.8%)
$35,000 + $15,636
$50,636
2017
$720 (+2.8%)
$21,350 + $14,972
$36,322
2016
$700
$20,300 + $14,565
$34,865
2015
$700 (+2.8%)
$20,300 + $14,556
$34,856
2014
$681
$14,700 + $14,437
$29,137
Tax history for 2033 Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,126 (−77.3%)
$57,750 + $23,277
$81,027
2024
$4,955 (−1.1%)
$54,740 + $23,037
$77,777
2023
$5,012 (+457.8%)
$54,250 + $23,270
$77,520
2022
$898 (+7.9%)
$49,000 + $20,104
$69,104
2021
$833 (+6.2%)
$41,825 + $17,053
$58,878
2020
$785 (+2.4%)
$35,420 + $16,721
$52,141
2019
$766 (+3.6%)
$35,000 + $16,482
$51,482
2018
$740 (+2.8%)
$35,000 + $15,636
$50,636
2017
$720 (+2.8%)
$21,350 + $14,972
$36,322
2016
$700
$20,300 + $14,565
$34,865
2015
$700 (+2.8%)
$20,300 + $14,556
$34,856
2014
$681
$14,700 + $14,437
$29,137
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,469 Sq. Ft.
Year renovated
1940
Sq. Ft.
1,166
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Washoe County
APN
007-040-14
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
MF-30
AN
Multi-Family Residential District
The MF-30 district is intended to provide multi-family residential development and limited commercial and retail uses. Secondary uses include duplexes, triplexes, fourplexes, townhomes, single-family residential uses, parks, and schools. Additional district standards ensure that amenities such as open space are provided to offset the increases residential densities. This district is appropriate adjacent to other multifamily, single-family Urban Districts, and Employment Districts.
Zone overlays
Airport Noise Exposure Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Housing-Mobile home park
Dec 17, 2025 • Final
Ez water heater or boiler - residential
Replace a gas water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Total: 4
Parking Features: None
Interior
Interior Features
Laundry Features: None
Appliances: Gas Range, Refrigerator, Oven
Window Features: Double Pane Windows
Flooring: Ceramic Tile, Laminate
Unit Type 1 Information
Unit Type: Studio
Unit Type 2 Information
Unit Type: 1 Bedroom
# of Baths (Total): 2
Sq. Ft. Per Unit: 529
Units Total: 2
Unit Type 3 Information
Unit Type: 2 Bedroom
# of Baths (Total): 2
Sq.Ft. Per Unit: 609
# of Units Total: 2
Unit Type 4 Information
Unit Type: 3 Bedroom
Multi-Family Information
# of Units Total: 4
# of Buildings: 2
Exterior
Exterior Features
Fencing: None
Building Information
Building Area Total: 2,268
Construction Materials: Frame, Wood Siding
Roof: Pitched, Composition, Shingle
Foundation Details: Slab
Property Information
Stories: 1
Lot Information
Zoning: MF43
Financial
Tax Information
Tax Annual Amount: $899
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Available
Heating & Cooling
Heating: Natural Gas
Heating YN: Yes
Location
School Information
Elementary School: Lemelson Stem Academy
Middle Or Junior School: Traner
High School: Hug
Location Information
Road Responsibility: Public Maintained Road
Road Frontage Type: Public
Community Information
Senior Community YN: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,166
Stories: 1.0
Lot Size: 7,469 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1940
County: Washoe County
APN: 007-040-14
Home facts updated by county records on Jul 22, 2026
Around this home
Schools
Dorothy Lemelson STEM Academy Elementary School
Public PreK-5 • Assigned • 0.1mi
4/10
Fred W Traner Middle School
Public 6-8 • Assigned • 1.0mi
5/10
Procter R Hug High School
Public 9-12 • Assigned • 2.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
39% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
15 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89512
Average low and high temperatures (°F)
49
26
54
32
63
38
64
40
76
48
86
57
91
60
90
58
83
53
70
42
56
34
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.9 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
12.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$816,000 – $987,000
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