Investment opportunity awaits with this upgraded and well-maintained fourplex located just minutes from Downtown Carson City. Perfect for investors or those looking to live in one unit and rent out the others, this fully occupied property offers strong rental income, thoughtful updates, private outdoor spaces, and long-term stability in a consistently high-demand market. All units have their own small, private, fenced backyards—some featuring small decks—and one unit also includes a large, covered carport, adding valuable sheltered parking. Originally built as a duplex and later converted into four units, the property features an efficient and highly functional layout. Two larger units are approximately 756 sq ft each, complemented by two smaller units of 322 sq ft and 406 sq ft. This practical mix of studio and two-bedroom floorplans appeals to tenants seeking both convenience and affordability. A cosmetic remodel was completed across all units in late 2021, including fresh interior and exterior paint, updated flooring, new cabinetry in select units, updated lighting and bathroom improvements in some units, and new appliances in most units. The roof was replaced in 2021, reducing near-term maintenance costs and providing added peace of mind for the next owner. Tenants pay for refuse collection, while the owner covers gas, electric, water, and sewer, as utilities are not separately metered. With its central location near employment centers, shopping, dining, and public transit, the property consistently attracts strong tenant demand and maintains solid occupancy. This fourplex presents an outstanding opportunity for buyers seeking steady cash flow, long-term appreciation, and a well-positioned asset in the heart of Carson City.
3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple—ask us for it.
Great opportunity to invest in the Carson City market with this 4 plex featuring three 900 square foot 2 bed, 1.5 bath units and one 1,020 square foot 3 bed, 1.5 bath unit. Each unit has a private fenced yard, in unit laundry, and plenty of common area parking. One unit just had new carpet installed as well as new vinyl flooring in the bathroom, all new doors, and blinds.
Fully Leased! Wonderful Investment Opportunity with this well-maintained Duplex in the Valley Vista Village Development. Each side has 3 bedrooms, 1.5 bathrooms, laundry, 2 car attached garage, and nice size backyards with patios.

Carson City is located in Nevada. Carson City, Nevada has a population of 57,957. Carson City is less family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 25.57%.
The median household income in Carson City, Nevada is $62,217. The median household income for the surrounding county is $62,217 compared to the national median of $69,021. The median age of people living in Carson City is 42.3 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 8.8 inches per year, with 17 inches of snow per year.