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.
Caliente Crossing is an 11 unit complex that consists of a two bedroom, one bath single family brick home, four 1 bedroom apartments and six studio apartments, many of which have large, fenced, private backyards. All apartments surround a common courtyard with a shared BBQ. Property has been entirely renovated, including new roofs, new windows, new appliances & landscaping. Each unit has AC, dedicated off-street parking. Onsite laundry & storage. DO NOT DISTURB TENANTS. DRIVE BY ONLY AND CALL.
** Please Do not roam on property or Disturb Tenants ** Rare street to street property located 1 block from the University. Zoning of MF 30 will allow the building of up to 9 units which you can go up to 3 stories on this property.There are 3 units and 2 buildings on this parcel and the parcel next door MLS#160014804 1151 Seminary has 1 building .The sale to include both parcels and all 3 buildings. The price is the total for all properties
MAKE AN OFFER!!! $974,500 OBO!! Awesome, well maintained and low maintenance units in great location. these units consist of two four-plexes. The CAP rate is 5% based the asking price, based on actual numbers. Make an offer and lets see if we can make a deal. Go ahead and drive by. But, please make your offer contingent upon inspecting the units. Listing also includes APN# 02023134
Here is a great property to invest in. Lots of potential with the right buyer! On this property there are 7 housing units that are used as rentals, and an office building that has 6 office spaces. The housing units include: one studio unit, two 1 bedroom units, and five 2 bedroom units. All units are tenant occupied on a month to month lease. The office building offers 6 office spaces of which 3 are tenant occupied. This could be a great medical office! 4 parcels on one acre
Excellent investment opportunity at a 6.5% Cap Rate. North Spokane Street near the Reno Fairgrounds and in the path of UNR's expansion. Long-term, low maintenance tenants with Reno Housing Authority. 1 Studio at ~$470, 6 1-bedrooms at $635/mo and One 1-Bedroom at $725 (tenant has apartment and office rented out). Additional Income includes the 2-car garage rented at $200/mo and laundry at ~$200/mo. Tremendous opportunity to build out garage into one or two more units for added income and value.
Large townhome style units over 1,000 square feet each with fireplaces and views out the front make this an easy property to rent. 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.
Great investment potential in this 6 unit multifamily building located a few blocks from downtown Reno. Newer roof, siding, electrical, plumbing, & dual pane windows. Property is zoned MUDR, allowing for possibilities of other uses. Units have high ceilings, laminate flooring, refrigerators, & stoves. Currently 4 units are tenant occupied. Until recently the units have always been rented. At the current pro-forma annual property operating data the cap rate is 5.33.
Located in the ever expanding Midtown area! Great little investment property! A cute little 2 bedroom 1 bath 1 car garage house fronting Moran Street with a half basement! The 4-plex is located in the alley and has a new roof! There are balconies upstairs and small yards on the downstairs units and all are plumbed for washers and dryers! *IMPORTANT* AGENTS PLEASE DO NOT APPROACH THE PROPERTY OR THE TENANTS, DRIVE BY ONLY AND MAKE OFFER SUBJECT TO INSPECTION!!!
Excellent investment opportunity!! Well maintained 6-plex,centrally located with easy access to freeway, bus line, park, and hospital. All units have washer and dryer hookups. individual electric meters and gas meters. Common water meter. Tenants pay utilities. Owner pays water, sewer, and garbage. Unit has several long tern tenants. Rents are under market and could be increased. A great money maker.
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 location, close to UNR. Investor special. Front house is 4 bedrooms and 3 bathrooms with newer roof. Square footage with finished basement is 2297. Duplex is 1107 sq. foot (553 each unit). Property has 4 single bay garage units under the duplex, located behind the main house. Extra parking in oversized driveway as well. Drive by and please do not approach tenants.
This 8 unit complex is located between Renown Hospital and Kietzke lane on a busline with easy walking distance to shopping and entertainment. The concrete block construction is easy and inexpensive to maintain. Priced at a 6.1% Cap rate with room to raise the rent this is one of the better cash flowing properties in Reno. The property is in good shape and has a large 40 by 12 foot storage area under.
Great units here. $487,250 OBO!! MAKE AN OFFER!! they are well maintained, low maintenance, and in a good rental area. They are close to schools, shopping, bus lines and freeway access. building 3255 is also available (apn#02023134). Meaning you can own 8 units but obtain residential financing on them if desired. There are two APODs available; one shows the current numbers the other performa shows potential if rents were leveled off at market rate. Priced at aprox. 5% CAP. Asking 487,250k OBO!
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 March 29th, 2017 at 9:57am PDT.