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$1,862,000

For Sale

3 months ago

911-921 - 921 Willow St, Reno, NV

House

MLS® 260005217

0 Bed

0 Bath

--

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $4,103
Days Active 88
Lot Size 
Approx. Age 1957
MLS® Number 260005217

Property Address: 911-921-921 Willow St, Reno, NV, 89502-1384

Average square foot calculated using Size range provided by listing agent.

Description

Well priced twelve-unit investment property with a proven track record of generating stable income. There are 4 buildings on site: a 4-plex a 2-plex, and two 3-plexes. Units range from studios to two-bedrooms, and two units have private yards. There is a fully fenced yard area in the center of the property. New roof installed on one 3-plex within the last two years. Close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.6 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating nearly one hundred and fifty thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is just over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
MLS® Number260005217
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
BasementUnfinished
DrivewayAsphalt, Off Street, On Street, Paved
Garage Spaces
HeatElectric, Forced Air, Natural Gas, Wall Furnace
A/CElectric, Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$1,862,000List Price
  • Commute

Commute

Starting Address
Destination Address
921 Willow St, Reno, NV

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