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.
Here is a great working investment property ,rented out now 7 unit for rental and 6 office space 3 of the 6 rented now has 3 unit one bed/2-2bed. 3 small houses all 2 bed. one small studio Office building has 6 office spaces in it and could be a great medical office The lot could be used for muti-unit build buyer needs to verify that with dept.
The apartments are in a great location close to shopping, the Reno Tahoe Airport and bus lines. Parking under the units may be enclosed to provide extra income. The property needs exterior paint and cosmetic work to bring the rents up to market.
Property being sold in conjunction with parcels: 007201140,007201141, and 007201132. Tenant occupied - drive by - do not disturb tenants. Make Offer subject to inspection. Darling duplex with great income. Call listing agent for more information. Photos are from previous listing - not representative of current condition. Buyer to verify all information.
INVESTOR ALERT! Four individual rentals, two separate parcels with shared access. All are single family homes of varying sizes and currently leased. Parcel # 013-412-18 (335 Colorado Blvd): One 2-story residence, 4 bed, 3.5 bath, 2 car, 1734 sf. + 902 sf (approx) finished basement. Second single family residence w/ 3 bed, 2 bath, 2 car, 1110 sf. Parcel # 013-412-17 (403 Colorado Blvd): One 1-story residence, 2 bed, 1 bath, 936 sf. Second residence: 1 bed, 1 bath, 2 car, 651 sf.
13 UNITS (12 STUDIOS AND ONE 1 BEDROOM) CLOSE TO DOWNTOWN, ACES PARK, HOSPITALS, ETC. WELL BUILT STRUCTURE AND OFF STREET PARKING. SELLER WILL CONSIDER SINGLE FAMILY OR 2-4 UNITS AS TRADE. SELLER WILL BE DOING A 1031 EXCHANGE AT NO COST TO BUYER. PROPERTY IS FREE AND CLEAR. CAP RATE: 7.45%
Great investment property in Midtown. Four units in converted farmhouse, all leased on solid leases to amazing tenants. Generating over $3500 per month in income, more than $35,000 in NOI. Property has been updated and redone by Marmot in the the last two years. 6% Cap on in place income. Rare chance to buy a high quality project in Renos hottest rental market.
Currently 2 commercial & 2 residential units in the heart of Midtown, across the alley from the new Sticks commercial development, all zoned Multi-Use MUSV. Includes 2 single car garages and a shared lawn & patio area. Sold subject to tenant's rights. Please do not disturb tenants. Bldg. 719 has an unfinished 280sf bsmt. Bldg. 721 is an upstairs unit with the two garages below.
Virbel Lane apartments represents a great opportunity to acquire multifamily in Reno. This 5 unit complex consists of One (1) Single family home that is a 3bd/2bth/2 car garage 1691 Square foot home, property also has another detached single family home comprised 2bd/2bth/2 car garage, 1030 Sq. Ft. built in 1992. In the back of the property you have tri-plex with One (1) 2bd/2bth, 784 sq. ft. apartment, One (1) 3bd/2th, 1000 sq. ft. apartment and One (1) 4bd/2bth. apartment.
Older house (1937) with 3+ unit behind which has 4 garages. Effective age of combined property is 1981. Additional unit which bridges between the house and multi unit building not included in unit count. House on a 1 year lease which expires April, 2017, Rent is $920/Mo. The house has a full unfinished basement and 2 bedrooms, 1 bath. Units are all in good condition. Apartments are all 1 bedroom and 1 bath. Do not bother the tenants, drive by to view the property only.
5 large - 2 bed 1.5 bath units with washer dryer hookups in each unit. All units have been well taken care of. All units have a small back yard patio, and a separate Dinning and Living Room. Plenty of cabinets to keep all items.
Great 8-plex in and great area! Come and take a look at this fabulous income opportunity building just 2 blocks from Renown Medical Center. Each unit is 1 bedroom and 1 bath with an assigned parking spot for each tenant. This is zoned multi-use and is conveniently located near bus lines, VA hospital and convenience stores. There is also a full unfinished basement available for owner storage.
SELLER FINANCING AVAILABLE: 50% down, amortized 15 yr, 7% interest to a seller qualified buyer. Building is fully occupied as of 12/23/2015. All units are renovated. Net monthly operating income, including property management is $3,318. Gross monthly rents are $4,600. Building consists of 6 studio apartments, and 2 1-Bedroom apartments. All units have bathrooms and kitchens. Property converted to natural gas. This property is being advertised at 8% cap rate. Seller willing to negotiate roof in a contract.
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 May 5th, 2016 at 7:11am PDT.