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330 Talus Way, Reno, NV, 89503

--beds
0baths
3,438sqft
$1,200,000
$349price/sqft
$7,114/moest. monthly cost
$284,560/yrincome needed

About This Home

Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred thousand dollars down, seller to carry a five hundred fifty thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.

Getting Around

0
WalkingCar-Dependent
27
TransitSome Transit
10
BikeSomewhat Bikeable

Schools

4/10
5/10
7/10

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Concrete Perimeter,Crawl Space
  • Roof: Composition,Shingle
  • Construction materials: Concrete,Glass

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Refrigerator
  • Laundry features: None

Features

  • No Interior Steps
  • Window features: Varies
  • Flooring: Varies

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Electric,Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,438
  • Total interior livable area: 3,438 sqft

Property

Details

  • Parcel number: 00323410
  • Zoning: MF30

Features

  • Levels: One
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Deck
  • Exterior features: Balcony
  • Spa features: None
  • Fencing: None

Lot

  • Lot size: 8,276 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 6
  • Parking features: Varies by Unit

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Winter Weather
Earthquake

FEMA Declared Disasters Across Nevada Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance $267$3,204
Property Taxes $460$5,520
Electricity $320$3,850
Total$7,114$85,368

Income You'd Need if You Spent...

35% on housing$243,908/yr
40% on housing$213,420/yr
45% on housing$189,706/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$349This listing

vs Other Active Listings

Avg $/sqft

ZIP 89503$196
Washoe County$406

vs Homes Sold Last Month

Median $/sqft

ZIP 89503$332
Washoe County$314

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$1,149,000
2026-07-13Listed for sale$1,200,000
2021-08-05Listing removed--
2021-07-30Listed for rent$845

For Sale by Agent

AgentChris McCain
BrokerageDL Realty

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