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$900,000
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Property Description
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
Full Property Details for 3905 Pheasant Dr
General
- Sold For: $900,000
- Taxes: $3,963
- Status: Closed
- Type: Multi-Family
- Source: 2502
- MLS ID: 250054938
- Added to Site: 209 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 and Sold by Address Income, Trevor Richardson (775) 233-0754
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Schools
Schools serving 3905 Pheasant Dr
School District:Carson City School District
| Name | Grades | Distance |
|---|---|---|
Empire Elementary School 1260 Monte Rosa Drive, Carson City, NV 89701 | PK-5 | 0.3 mi |
Eagle Valley Middle School 4151 East 5th Street, Carson City, NV 89701 | 6-8 | 0.8 mi |
Carson High School 1111 North Saliman Road, Carson City, NV 89701 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3905 Pheasant Dr
Date
Details
Price
Change
Source
1/30/2026
Sold
$900,000
-3.23%
MLS
11/24/2025
Price Reduced
$930,000
-1.06%
MLS
8/22/2025
Listed
$940,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3905 Pheasant Drive, Carson City, NV 89701 (MLS# 250054938) is a Multi-Family property that was sold at $900,000 on January 30, 2026. 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.

