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$899,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 2 days ago
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***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 for 175 Wonder St

General

  • Price: $899,000
  • Taxes: $1,930
  • Status: Active
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 260005476
  • Updated: 5/2/2026
  • Added to Site: 3 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

  • Price Per Sq. Ft.: $346.84
  • 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

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Listing agent

— 175 Wonder St —

  • Bradley Wass

    Coldwell Banker Select Reno

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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 175 Wonder St

School District:Washoe County School District
NameGradesDistance
Veterans Memorial Elementary School
1200 Locust Street, Reno, NV 89502
K-50.3 mi
E Otis Vaughn Middle School
1200 Bresson Avenue, Reno, NV 89502
6-80.7 mi
Earl Wooster High School
1331 East Plumb Lane, Reno, NV 89502
9-121.2 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/02/2026
Listed
$899,000
249.81%
MLS
4/09/2013
Sold
$257,000
—
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 175 Wonder St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,931
3%
$97,428
-1%
2024
$1,875
3%
$98,425
1%
2023
$1,821
3%
$97,300
23%
2022
$1,772
1%
$79,316
21%
2021
$1,759
—
$65,542
6%
2021
$1,759
13%
$61,972
4%
2019
$1,562
3%
$59,556
26%
2018
$1,512
3%
$47,234
—
2017
$1,466
3%
$47,299
4%
2016
$1,430
—
$45,680
4%
2015
$1,433
3%
$43,952
15%
2014
$1,393
—
$38,180
—
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 Coldwell Banker Select Reno, Bradley Wass (775) 742-3438

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175 Wonder Street, Reno, NV 89502 (MLS# 260005476) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 175 Wonder Street is currently listed for $899,000 and was received on May 02, 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.

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