$1,475,000 Active
1400 N Edmonds Drive
Carson City, NV 89701
STR Status Unknown

About This Property

8 UNITS TOTAL... two 4-plexes side by side! 1400 AND 1404 North Edmonds Dr in Carson City. A great investment opportunity... Seller will sell both properties together. Great flexibility with two separate APN's in case you want to spin one off in the future... and each property is zoned Multi-Family Residential 1-4 units (a distinct advantage over typical commercial zoning for 5+ units). Each 4-plex is virtually identical: Both are 3536 sq ft each and both contain (two) 2 bedroom and 1 bath units (each 1040 sq ft) and (two) 1 bedroom and 1 bath units (each 728 sq ft). 1400 N Edmonds Dr (APN #008-353-14) sits on a .27 acre and the lot size for 1404 N Edmonds Dr (APN #008-353-13) is .26 acre. Each unit has washer/dryer hookups. Well maintained with a common area adjoining each property and a paved driveway running between each property and leading to a paved parking area in the rear. Fully fenced with an owner storage shed in the rear area for maintenance equipment/materials. Professionally managed... financials and APOD available soon. Drive by only... all units occupied. Please do not disturb the tenants.

Listed by Philip Reith — RE/MAX Gold-Carson City

Listing Details

Status Active
MLS # 260010046
Days on Market 2

Property History

Aug 04, 2026
Listed for sale
$1,475,000
Property Overview
Lot Size 0.53 acres
Stories 2
Year Built 1974
Property Type Quadruplex
Subdivision Park Terrace
APN 008-353-14
Parking
Parking Features Common
Exterior & Lot
Exterior Features Balcony
Lot Features Level
Construction Frame, Wood Siding
Roof Composition, Pitched
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Wall Furnace, Varies By Unit
Financial
Annual Tax $5,247
Schools
Elementary School Empire
Middle School Eagle Valley
High School Carson
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($295,000)
Home price
$1,475,000
Loan details
30-yr fixed, 6.5%
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