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$1,350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 2 days ago
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The Sherman Four Plex in Carson City, NV is a unique opportunity to acquire to contiguous duplex buildings in one transaction. The 4-plex offers all 2 bedroom 2 bathroom units, secured 2 car garage parking for each unit, in unit laundry hookups, and fenced yards. All these are very attractive features for potential tenants and the current rents are below market leaving upside to the next Buyer. Each duplex is on its own APN and the legal addresses are 4240 & 4264 Sherman Lane. Carson City is a popular rental submarket and is the state capital of Nevada and houses many government buildings, legislative meetings, and is a short distance to Tahoe Reno Industrial Center (the largest industrial park in the world) and South Lake Tahoe. The area sees many residences and visitors seeking both employment, recreation and business.

Full Property Details for 4240 Sherman Ln

General

  • Price: $1,350,000
  • Taxes: $3,046
  • Status: Active
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 260010400
  • Updated: 8/12/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Gas Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1106

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: In Unit, Washer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: None

Parking

  • Total Spaces: 8
  • Parking Features: Garage

Location

  • County: Carson City
  • Subdivision: Empire Terrace

School Information

  • Elementary School: Mark Twain
  • Middle School: Eagle Valley
  • High School: Carson

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Evaporative Cooling
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • # Water Meters: 2
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 2
  • Exterior Const.: Frame, Wood Siding
  • Roof: Composition, Pitched, Shingle
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 1
  • Building Size: 4400
  • Year Built: 1992

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 7,405
  • Frontage: Public
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped
  • Zoning: Gc
  • Fencing (Description): Back Yard

Green Features

  • Water Conservation: Water-Smart Landscaping

Financial Considerations

  • Tax Amount: $3,046.62
  • Terms: 1031 Exchange, Cash, Conventional
  • Owner Pays: Water, Trash Collection, Sewer, Exterior Maintenance, Common Area Maintenance
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • APN: 008-795-31

Listed by RE/MAX Gold, Angela Beard (775) 722-5868

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Listing agent

— 4240 Sherman Ln —

  • Angela Beard

    RE/MAX Gold

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 4240 Sherman Ln

School District:Carson City School District
NameGradesDistance
Empire Elementary School
1260 Monte Rosa Drive, Carson City, NV 89701
PK-51 mi
J C Fremont Elementary School
1511 Firebox Road, Carson City, NV 89701
K-52.6 mi
Carson Middle School
1140 West King Street, Carson City, NV 89703
6-83.5 mi
Carson High School
1111 North Saliman Road, Carson City, NV 89701
9-121.8 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 4240 Sherman Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$1,350,000
23.16%
MLS
4/26/2022
Sold
$1,096,165
—
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 4240 Sherman Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,052
—
$85,304
—
2025
$3,052
8%
$85,459
6%
2023
$2,817
12%
$80,899
15%
2021
$2,517
-3%
$70,458
-4%
2022
$2,607
11%
$73,017
9%
2019
$2,356
5%
$67,230
2%
2018
$2,248
4%
$65,675
3%
2017
$2,157
3%
$63,737
2%
2016
$2,103
—
$62,244
-1%
2015
$2,099
3%
$63,164
8%
2014
$2,034
3%
$58,583
6%
2013
$1,974
—
$55,440
—
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 RE/MAX Gold, Angela Beard (775) 722-5868

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4240 Sherman Lane, Carson City, NV 89706 (MLS# 260010400) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 4240 Sherman Lane is currently listed for $1,350,000 and was received on August 12, 2026. Want to learn more about 4240 Sherman Lane? 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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