Income-producing duplex in the heart of Gardnerville, offering investors a turnkey opportunity in one of Northern Nevada's steadiest rental markets. Two separate units under one roof-two income streams, reduced vacancy risk, and economies of scale on maintenance and insurance. Both units are 2 bedrooms, 1 bath, and a 1-car garage, with additional driveway parking in front of each garage. This mirrored layout simplifies maintenance, turnovers, and tenant expectations, and the dedicated garage plus off-street parking is a meaningful draw for renters in this market. Here's where the upside lives: Unit B has been fully updated [kitchen, flooring, paint, etc.] and is ready to command top-of-market rent. Unit A remains in original condition, giving an investor a clear value-add play-renovate to match. You're buying one stabilized, rent-ready unit and one with built-in equity and income upside. Nevada's lack of state income tax, landlord-friendly statutes, and proximity to Carson City, Reno, and the Tahoe job corridor make this an attractive long-term hold. Whether you're house-hacking the updated side, building a small-multifamily portfolio, or executing a 1031 exchange, 1524 North Court offers both immediate cash flow and a defined path to higher returns.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $465,000 | $244 | Coldwell Banker Select RE M |
| Year | Annual Amount | Description |
|---|---|---|
| $2,085 |