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$930,000

  • For Sale
  • Under Contract
  • Multi-Family
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3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple-ask us for it.

Full Property Details for 3905 Pheasant Dr

General

  • Price: $930,000
  • Taxes: $3,963
  • Status: Under Contract
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 250054938
  • Updated: 1/2/2026
  • Added to Site: 151 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Oven, ENERGY STAR Qualified Appliances, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Luxury Vinyl, Vinyl

Rooms

Other Rooms

  • Laundry: In Kitchen

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: Common

Location

  • County: Carson City

School Information

  • Elementary School: Empire
  • Middle School: Eagle Valley
  • High School: Carson

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 1
  • Exterior Const.: Frame, Wood Siding
  • Roof: Composition, Shingle
  • Windows: Blinds, Double Pane Windows
  • Stories/Levels: 2
  • Building Size: 3720
  • Year Built: 1994

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276.4
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Zoning: MFA
  • Fencing (Description): Back Yard, Partial

Financial Considerations

  • Price Per Sq. Ft.: $250
  • Tax Amount: $3,963.05
  • Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Owner Pays: All Utilities
  • Tenant Pays: All Utilities

Disclosures and Reports

  • APN: 010-351-32

Listed by Address Income, Trevor Richardson (775) 233-0754

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Listing agent

— 3905 Pheasant Dr —

  • Trevor Richardson

    Address Income

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3905 Pheasant Dr

School District:Carson City School District
NameGradesDistance
Empire Elementary School
1260 Monte Rosa Drive, Carson City, NV 89701
PK-50.3 mi
Eagle Valley Middle School
4151 East 5th Street, Carson City, NV 89701
6-80.8 mi
Carson High School
1111 North Saliman Road, Carson City, NV 89701
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3905 Pheasant Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$930,000
-1.06%
MLS
8/22/2025
Listed
$940,000
24.5%
MLS
5/16/2023
Sold
$755,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3905 Pheasant Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,963
16%
$113,666
2%
2023
$3,427
6%
$111,277
22%
2021
$3,230
-3%
$91,093
-5%
2022
$3,327
11%
$95,508
7%
2019
$3,005
5%
$89,410
4%
2018
$2,868
4%
$86,003
1%
2017
$2,752
3%
$84,771
1%
2016
$2,683
—
$83,765
3%
2015
$2,678
3%
$81,276
5%
2014
$2,595
3%
$77,378
9%
2013
$2,519
—
$70,738
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Address Income, Trevor Richardson (775) 233-0754

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3905 Pheasant Drive, Carson City, NV 89701 (MLS# 250054938) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3905 Pheasant Drive is currently listed for $930,000 and was received on August 22, 2025. Want to learn more about 3905 Pheasant Drive? Do you have questions about finding other Multi-Family real estate for sale in Carson City? You can browse all Carson City real estate or contact a Coldwell Banker agent to request more information.

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