This page displays all multi family real estate listings in Reno, NV and is updated daily with new/changed listings directly from the REALTOR MLS. A multifamily income property could be a duplex, triplex, fourplex, or more and would typically be used as a real estate investment property.
The Santa Maria Studios represents a great opportunity to purchase multifamily in Downtown Reno. This 27-unit complex features (26) studio apartments and (1) 1 bed/1 bath unit. The property has been very well maintained over the years and features many new windows, exterior paint, resurfaced parking lot and updated handrails. Property has an on-site laundry facility and is well laid out with plenty of parking.
Turnkey investment property. Throughout ownership, owners have invested heavily in upgrades and maintenance to get the property to its current, high-quality condition. While rents are now approaching market rates, there is still room to increase rents. There are 12 2BR/1BA units and a Studio. Central Reno location is ideal to attract quality tenants. Maine Street Apartments has a bright future for the right investor. See Associated Docs for brochure, including a rent roll.
Completely remodeled and fully renovated turn-key nine unit property. Fully fenced, off street parking. One 8 plex and one single family home on .18 acre. All nine units have dishwashers, washer/dryer and cooling! Walking distance to Midtown, Downtown and Wells Avenue. Easy access to Interstate 80 and UNR. This is a beautiful property inside and out. Located near some of Reno's most popular restaurants. See extended remarks for property details. APOD available in associated documents. Lot split potential.
4 cute, older, 1 bedroom, 1 bath duplex bungalows, each unit with a private full 450sq. ft. garage. Plus a separate 2 bedroom, 1 bath single family home with private garage. Plus a detached 3 car garage. One duplex building has just been retrofitted with new double pain windows. The rent for both units in this retrofitted building are now at $950 per month. This property has five parcels totaling .87 acre and is zoned MF14 so it is suitable for possible expanded development. Please do not disturb tenants.
1381, 1383, 1385,1397 Gordon Avenue, on a total of .43 acres in desirable Old SW area! Great location w/ 5 buildings consisting of front house right side of property, duplex in rear, 1 single family currently abandoned on left side of property, plus separate house in rear and large garage at back of the property (4 car)! At present 2 houses occupied and 1/2 of the duplex! No rental history, as family and friends have currently occupied property!
Great Investment Property!! 100% occupied...8 unit complex with one 2 bedroom 2 bath Executive Unit completely furnished, "business ready". The other 7 units are large one bedroom units. Located minutes from Renown Medical center, easy access to freeway. The property has low vacancy rates due to the location and condition of the property. This property has no deferred maintenance and is well maintained, fully fenced with a common BBQ, & private yard beautifully landscaped with full automatic sprinklers
Gorgeous 4 unit building a half block from the Truckee River with incredible river views. Well maintained, turn-key fourplex in a highly walkable neighborhood. Period brick exterior, with new roof, paint and landscaping. Each unit has designated off-street assigned parking in rear, a separate entrance, hardwood floors, new appliances, new paint and new flooring. Separate storage unit. Common washer/dryer and additional storage in unfinished basement. Do Not Disturb Tenants. Owner is a NV Real Estate Broker.
The Stewart Street Apartments consists of eight 1 bedroom 1 bath units. 5 of the units were built in 1953 and 3 of the units were built in 1979. The units are approximately 410 sqft +/- and sits on 0.194 acres. Each unit has a gas furnace, electric stove, & separate gas water heater. Each unit is separately metered for gas and electric. This pride of ownership complex features include a pitched composition roof, classic brick exterior, fully landscaped, and much more. Showings with an accepted offer.
Great turn-key five unit property in the Wells Avenue Conservation District. Walking distance to Midtown, Downtown. Easy access to Interstate 80 and UNR. One single family home and one four-plex on one lot. All units have washer and dryer provided by landlord. All units have off street parking and all are separately metered. Tenants pay their own gas and electric in all units. See extended remarks for property details. APOD uploaded into Assoc. Documents. Possible loan assumption. Lot split potential.
Large townhome style units over 1,000 square feet each with fireplaces and views out the front make this an easy property to rent. Just North of UNR easy commute for students. Onsite laundry is convenient and brings in extra cash. Off street parking under the units makes for easy parking and clean cars. Storage area for each unit keeps the clutter down. Priced below comparable sales comparing $ per square foot.
Incredible location. Adorable brick Craftsman. Wisteria framed porch. Basement unit has separate entrance & individually metered. Updated electrical, plumbing & gas heating. Wood, natural stone and cork floor accents. New sidewalks. Off street parking. Large, private yard. 1 block W. of UNR, 1 block E. of San Rafael Park. Near eateries & coffee shops. Always rented. **Zoned MF30. Could be your dream home, professional office, retail or rental. Seller is related to listing agent. Do not disturb tenants.
**UPDATED FINANCIALS AS OF 10/20/17** Current 6% CAP with potential value add 8.3% CAP. Located in the path of the Downtown redevelopment, across the street from the permitted Mill St Lofts and new Mill Street Still & Brew. This property has value add with full unfinished basement in both sides of the duplex that can be finished and rent increased to at least $1500/unit or potential for separate private entrance.
Two triplexes, buy one or both (540 and 542 Capitol Hill-170006346). Work ongoing to tidy up, more pictures will be posted. Always rented, long term tenants in place. Rents are average $750 per 2 bdrom unit.
The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than CalNeva Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Listing information last updated on November 22nd, 2017 at 3:56pm PST.