175 Wonder Street, Reno, NV 89502 - Photo 1

1/1

$864,000

Sold
Closed
Multi-Family
6 Total Beds
Updated 7 days ago

1/1

Property Description

***Seller Financing Available*** This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown-yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a **4th UNIT** and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings

Full Property Details

Full Property Details for 175 Wonder St

General

Sold For: $864,000
Taxes: $1,930
Status: Closed
Type: Multi-Family
Source: 2502
MLS ID: 260005476
Added to Site: 48 day(s) ago

Interior

Interior Features: Ceiling Fan(s)
Appliances: Oven, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Flooring: Carpet, Luxury Vinyl

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: Varies By Unit

Additional Information

Security/Safety: Smoke Detector(s)

Exterior

Exterior Features: Balcony, Dog Run, Rain Gutters

Parking

Total Spaces: 8
Parking Features: Alley Access, Detached, Garage

Location

County: Washoe
Subdivision: Mccormick Addition
Driving Directions: 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex

School Information

Elementary School: Veterans
Middle School: Vaughn
High School: Wooster

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Evaporative Cooling
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
# Gas Meters: 3
# Electric Meters: 3

Structural Information

# Buildings: 2
Exterior Const.: Brick, Frame, Wood Siding
Roof: Asphalt, Pitched
Windows: Aluminum Frames, Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
Stories/Levels: 2
Building Size: 2592
Year Built: 1977

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.16
Lot Size (Sq. Ft.): 7,013
Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
Zoning: MF40
Fencing (Description): Back Yard, Full

Financial Considerations

Tax Amount: $1,930.98
Terms: 1031 Exchange, Cash, Conventional, FHA, Owner May Carry, VA Loan
Owner Pays: Water, Trash Collection, Sewer
Tenant Pays: Electricity

Disclosures and Reports

APN: 013-226-13

Listed by Coldwell Banker Select Reno, Bradley Wass (775) 742-3438
Sold by RE/MAX Professionals-Reno, Brent Vaulet

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Listing agent

— 175 Wonder St —

Bradley Wass

Coldwell Banker Select Reno

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Schools

Schools serving 175 Wonder St

School District:Washoe County School District

Name	Grades	Distance
Veterans Memorial Elementary School 1200 Locust Street, Reno, NV 89502	K-5	0.3 mi
E Otis Vaughn Middle School 1200 Bresson Avenue, Reno, NV 89502	6-8	0.7 mi
Earl Wooster High School 1331 East Plumb Lane, Reno, NV 89502	9-12	1.2 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 175 Wonder St

Date

Details

Price

Change

Source

6/10/2026

Sold

$899,000

—

MLS

5/02/2026

Listed

$899,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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175 Wonder Street, Reno, NV 89502 (MLS# 260005476) is a Multi-Family property that was sold at $864,000 on June 10, 2026. Want to learn more about 175 Wonder Street? Do you have questions about finding other Multi-Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

175 Wonder St Reno, NV 89502