Reno Investment Property for Sale - Near Google Data Center

While not the closest city to the Google Data Center, Reno is the largest and offers the most diversity of areas and properties to choose from for both the investor and tenants. Rental demands for apartments will likely be strongest in the Downtown and Midtown areas if the renter is looking for a downtown urban lifestyle. Keep in mind that, if investing for single family homes for rent, the high demand areas will be different and likely lead you to other areas in Reno such as Somersett, South Meadows, or the Old Southwest areas. There are duplexes, triplexes, fourplexes, and apartment buildings in these areas as well as many others throughout Reno. This page includes all Reno multifamily property listings for sale. Listings are updated every 15 minutes from the local Reno/Sparks MLS.

Click Here for more general information on the Google Data Center, freeways, and distance to local cities.

Reno Investment Property Listings

Google Reno Multifamily Units

All Listings (38) $200,000 - $300,000 (4) $300,000 - $400,000 (5)
$400,000 - $500,000 (8) $500,000 - $600,000 (3) $600,000 - $700,000 (9)
$700,000 - $800,000 (2) $800,000 - $900,000 (1) $900,000 - $1,000,000 (3)
Over $1,000,000 (5)
38 Properties Found. Showing Page 1 of 3 - Last Updated: 5 minutes ago.
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645 655 665 Denslowe Dr, Reno NV, 89512-4445

1 of 7 photos

$1,700,000

Days on Website: 166

  • 8,574 SqFt
  • 0.42 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-North

Great investment property all 2 bed 1 bath units that you can watch from your iPhone. Must see to believe. Three 4-plexes in a row. Subject to 1031 at no cost to the buyer. Owner is a licensed real estate broker.

Matthew Phillips Real Estate

1365 Stardust Street, Reno NV, 89503-4236

1 of 14 photos

$1,250,000

Days on Website: 291

  • 6,272 SqFt
  • 0.18 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Old Northwest

The Stardust Apartments is a unique opportunity to acquire 8 newly renovated units performing at a 5.9% on actuals. This thriving apartment market has an increasing demand for urban style inventory that suits young professionals eager to live, work, and play near an exciting and evolving downtown . Within a minute access to Interstate 80, the complex has great accessibility to all areas of the market including a 25 minute drive to Tesla’s Gigafactory.

Dickson Realty - Damonte Ranch

127 & 131 E Arroyo, Reno NV, 89502

1 of 7 photos

$1,216,000

Days on Website: 69

  • 4,491 SqFt
  • 0.32 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Here are the particulars on the 2 parcels in MidTown. First both parcels are zoned CC/Community Commercial, these properties could be converted to a commercial use as many in the area have been. All 5 structures have completely new roofs, along with 135 E Arroyo which was also remodeled, new fencing, new wood flooring in units, granite counters in 131, Most all units have new appliances, along with many other upgrades and alley access. These properties are located in "THE OPPORTUNITY ZONE"

Myer Realty

7350 W 4th St., Reno NV, 89523

1 of 25 photos

$1,200,000

Days on Website: 131

  • 7,884 SqFt
  • 1.00 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-West Southwest

The Community of Bliss is a Hidden Gem, 12 Units On One Acre Just West Of Downtown Reno, Close To The Truckee River. Zoned Mixed Use the potential to grow and evolve is immense! Bliss started life as a swanky motel in 1950’s Reno. It’s currently being used as long term housing.

Re/max Professionals

781,783,785 Stewart St, Reno NV, 89502

1 of 25 photos

$1,199,999

Days on Website: 208

  • 4,623 SqFt
  • 0.18 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Investor? Need a 1031 Exchange that was actually built this century? Or what about living in the best and renting the rest? These three upscale townhomes with individual parcel numbers and NO HOA, offer any buyer the ultimate in flexibility. Each unit is 1541 sq. ft., 3bed/2bath/2garage on a knoll above the Truckee River floodplain in the heart of midtown with fantastic views (including GSR fireworks from your slate balcony!) and private, fenced back yards with patios. It's truly one of a kind.

Keller Williams Group One Inc.

36 And 40 Park Street, Reno NV, 89502

1 of 16 photos

$977,000

Days on Website: 368

  • 3,482 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Downtown Core

Package includes {1) brand new upscale duplex (2) remodeled single family home and (3) a multi Family building lot..quartz kitchen counters...high ceilings...walking distance to downtown Reno and Midtown...close proximity to Reno Aces Ballpark and breweries and restaurants...market rents in place per signed leases through Oct. 2019...house rent is $1650...each duplex unit rents for $1890 per month...near 8 cap rate...possible SELLER FINANCING

Seven Star Realty, Inc.

1036 Bell Street, Reno NV, 89503

1 of 14 photos

$975,000

Days on Website: 46

  • 5,160 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Old Northwest

Great income opportunity! This complex is ideally located close to shopping and university. 2 Story 5,160 Sq. Ft. Apartment building has 7 units. 6 one bedroom, one bath and 1 2 bedroom unit with 2 baths, common laundry area, partially landscaped with shrubs and mature trees.

Trans Action Realty 500

251 E Arroyo, Reno NV, 89502

1 of 23 photos

$910,000

Days on Website: 210

  • 3,873 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active/pending-loan

Area: Reno-Southeast

Midtown 6 unit Multi-plex near Wells Avenue. Walking distance to restaurants, shopping and antique stores. Brick house with four, one bedroom units and 2-story Duplex with two, two bedroom units off alley with off street parking. Units have been well maintained and seller continues to upgrade. Unfinished basement not included in square footage - could be used for laundry room and storage area. Storage shed, all appliances included, Newer roof on both buildings. Coin laundry and Bike Storage in Basement.

Chase International-damonte

126 Gardner St., Reno NV, 89503

1 of 4 photos

$845,000

Days on Website: 125

  • 3,928 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Old Northwest

As is sale. Inspections have determined Flat Roof and Sewer are near its life. Both are currently functioning without issues. Do not go on property, view property from Gardner and Keystone alley only as not to alarm tenants. Interior and property access only after accepted offer. Prepare offers subject to inspection. This property consists of a building built in 1971 that is 3 stories.

Re/max Professionals

241 Linden, Reno NV, 89502

1 of 3 photos

$799,000

Days on Website: 718

  • 1,796 SqFt
  • 0.23 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Calling all investors and Developers… Here are four properties adjacent to each other, Commercial, two Multi Families, and a residential property. All within a stones throw of the huge Park Lane Development… that will feature parks, grocery store, 1600 homes a movie theater and farmers markets. Seller would like to sell all 4 properties together… the 799k price reflects all four properties. If you have questions please contact the listing agents.

Coldwell Banker Select Reno

247 Linden Street, Reno NV, 89502

1 of 1 photos

$799,000

Days on Website: 718

  • 968 SqFt
  • 0.23 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Calling all investors and Developers… Here are four properties adjacent to each other, Commercial, two Multi Families, and a residential property. All within a stones throw of the huge Park Lane Development… that will feature parks, grocery store, 1600 homes a movie theater and farmers markets. Seller would like to sell all 4 properties together… the 799k price reflects all four properties. If you have questions please contact the listing agents.

Coldwell Banker Select Reno

453 Poplar St., Reno NV, 89512

1 of 9 photos

$699,000

Days on Website: 327

  • 2,280 SqFt
  • 0.25 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-North

UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

Dl Realty

905 Washington, Reno NV, 89503-2843

1 of 25 photos

$695,000

Days on Website: 75

  • 1,782 SqFt
  • 0.32 Acres

Multi-family

Reno ,NV

Status: Active/pending-loan

Area: Reno-Old Northwest

Great Opportunity! Three homes on one parcel. Close to UNR.Two of the homes have a basement. All three homes have a garage. Great tenants, low maintenance. 905 Washington St., 905 1/2 Washington St. and 915 Washington St.

Krch Realty

641 Sutro A,b,c, Reno NV, 89512-3578

1 of 1 photos

$689,000

Days on Website: 109

  • 2,550 SqFt
  • 0.12 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-North

3 separate buildings that are well maintained. Close to downtown with easy access to freeway. Each unit has a private backyard. These units are great for any investor. Unique location on Sutro. This consists of 3 parcels.

Realty World Ballard Company

343 E 6th Street, Reno NV, 89512

1 of 12 photos

$654,900

Days on Website: 50

  • 2,596 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active/pending-call

Area: Reno-Downtown Core

Near UNR, Downtown Reno and across the street from the newly constructed Apple facility. Property features Two duplexes on one lot. Front building has been fully renovated with new roof, windows, siding, HVAC systems, hot water heaters, cabinets, quartz counter tops, appliances, water proof flooring, etc. Too many items to list. Gross monthly rent is $4045. Property may be subdivided. BTV all info.

Chase International-damonte

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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 19th, 2019 at 4:41am PST.