$789,000
Active Under Contract
1517 N Edmonds Drive
Carson City, NV 89701
STR Status Unknown
5
Beds
·
About This Property
Well-maintained 4-plex in Carson City featuring two 2BD/1BA units and two 3BD/2BA units. The two 2BD units are single level with private front yards. One 3BD/2BA unit is ground level with a private yard, and the second is an upper-level unit with a balcony. Unit B has been recently remodeled. All units are currently month-to-month, offering flexibility for rent adjustments. One unit is owner-occupied. Based on pro-forma market rents and estimated expenses the property offers an attractive 7.5 percent CAP rate. Excellent opportunity for investors seeking strong cash flow and upside potential.
Listed by Miranda Vaulet — RE/MAX Professionals-Reno
Listing Details
Status
Active Under Contract
MLS #
260002912
Days on Market
83
Property History
Mar 14, 2026
Listed for sale
$789,000
Current
Pending
$789,000
Property Overview
Beds
5
Lot Size
0.23 acres
Stories
2
Year Built
1973
Property Type
Quadruplex
Subdivision
Park Terrace
APN
008-351-12
Parking
Total Parking
8
Parking Features
Common
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped
Construction
Frame, Wood Siding
Roof
Composition, Shingle
Foundation
Slab
Pool & Spa
Pool
No
Utilities & Systems
Heating
Forced Air
Financial
Annual Tax
$2,618
Schools
Elementary School
Empire
Middle School
Eagle Valley
High School
Carson
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% ($157,800)
Home price
$789,000
Loan details
30-yr fixed, 6.5%
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