Reno Investment Property for Sale - Switch Data Center

Reno is the largest city closest to the Switch Data Center and offers the most diversity of areas and properties to choose from for both the investor and tenants. Rental demands for apartments will be strongest in the Downtown and Midtown areas if the renter is looking for a downtown urban lifestyle or a variety of duplexes, triplexes, fourplexes, and apartment buildings in these areas as well as many others throughout Reno. If you are investing in 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. This page includes all Reno multifamily property listings for sale. Listings are updated every 15 minutes from the local Reno/Sparks MLS.

Visit our Switch Data Center Real Estate Guide for general information about the Switch Data Center and homes for sale in nearby cities. Please feel free to call us at 775-473-9531 or complete the form below for more help!

Reno Investment Property Listings

Reno Investment property near Switch Data Center

All Listings (27) $100,000 - $200,000 (1) $300,000 - $400,000 (3)
$400,000 - $500,000 (1) $500,000 - $600,000 (7) $600,000 - $700,000 (4)
$700,000 - $800,000 (4) $800,000 - $900,000 (1) Over $1,000,000 (7)
27 Properties Found. Showing Page 1 of 2 - Last Updated: 13 minutes ago.
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1135-85 W 2nd St Urban West, Reno NV, 89503

1 of 18 photos

$5,695,000

Days on Website: 134

  • 17,000 SqFt
  • 0.52 Acres

Multi-family

Reno ,NV

Status: Active

Area: Commercial/Industrial Core

this is a Multi-Family portfolio deal Urban West is located on west second street downtown Reno walking distance from the Truckee river. This beautiful property offers a buyer the rare combination of a desirable location & newly renovated product,. The renovations and improvements include the lot/property, landscaping, exterior, storage rooms, washer/dryer in each unit ,wifi/cabling and fully furnished units!

Ferrari-lund Real Estate South

1185 W 2nd, Reno NV, 89503

1 of 18 photos

$3,650,000

Days on Website: 89

  • 10,500 SqFt
  • 0.35 Acres

Multi-family

Reno ,NV

Status: Active

Area: Commercial/Industrial Core

Urban West is located on west second street downtown Reno walking distance from the Truckee river. This beautiful property offers a buyer the rare combination of a desirable location & newly renovated product! The renovations and improvements include the lot/property, landscaping, exterior, laundry room/ storage rooms, individual unit improvements, wifi/cabling and fully furnished units!

Ferrari-lund Real Estate South

1135 W 2nd, Reno NV, 89503

1 of 21 photos

$2,215,000

Days on Website: 88

  • 6,240 SqFt
  • 0.17 Acres

Multi-family

Reno ,NV

Status: Active

Area: Commercial/Industrial Core

Urban West is located on west second street downtown Reno walking distance from the Truckee river. This beautiful property offers a buyer the rare combination of a desirable location & newly renovated product! The renovations and improvements include the lot/property, landscaping, exterior, storage rooms, individual unit improvements, washer/dryer in each unit ,wifi/cabling and fully furnished units!

Ferrari-lund Real Estate South

858 Gentry Way, Reno NV, 89502

1 of 24 photos

$2,000,000

Days on Website: 110

  • 7,627 SqFt
  • 1.62 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Downtown Core

The South 40 is a private community in a park-like setting, consisting of 7 freestanding homes and 10 mobile home sites. The single-family residences have fenced yards and ample off-street parking. There is a new main waterline and blacktop paving. The community is well maintained and has loyal, long-term tenants. Centrally located, only a few minutes from the Reno/Tahoe International Airport, and right down the street from Reno’s trendiest bars and restaurants in mid-town. Offered at a 6%+ cap rate.

Engel & Volkers Lake Tahoe

1002 S Arlington Ave, Reno NV, 89509-1929

1 of 19 photos

$2,000,000

Days on Website: 40

  • 6,500 SqFt
  • 0.39 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Old Southwest

Fantastic Investment Opportunity in old Southwest Reno at the intersection of Arlington Ave and La Rue Ave. Low Maintenance, three buildings, strong tenant, and a cap rate of approximately 7.00%. There is a modified gross lease in place. See associated docs for Property Flyer and Property profile under the documents link. Sale includes both parcels 01131313 and 01131314 for 1002 S. Arlington Ave and 562 LaRue Ave.

Haute Properties Nv

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

1 of 25 photos

$1,199,999

Days on Website: 443

  • 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.

1036 Bell Street, Reno NV, 89503

1 of 17 photos

$1,050,000

Days on Website: 117

  • 5,160 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active/pending-call

Area: Reno-Old Northwest

Great community feel nestled close to the University area. This rare 7 unit brick exterior consists of 6 one bedrooms, and 1 two bedroom units all rented below market rates. With its desirable location, the units have rented very quickly to have low vacancy losses. Great property for the first or second time investor. Listing price reflects a 5.6cap rate. Seller willing to finance the right buyer.

Marmot Properties, Llc

512 Crampton Street, Reno NV, 89502

1 of 7 photos

$860,000

Days on Website: 19

  • 3,947 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Located a block away from the VA hospital, and only 5 minutes away from the new Reno Public Market! The front building off of Crampton contains (2) 2 bed 1 bath, and (2) 1 bed 1 bath units. The duplex off of the alley contains (1) 1 bed 1 bath, and (1) 2 bed 1 bath units. ALL units are currently rented and producing income! These units are a mix of month-to month, and leases. Front building's roof has been replaced within last 5 yrs. The duplex has alley access. Drive by, please do not disturb tenants.

Trans-action Realty 500

3976 Neil, Reno NV, 89502-5050

1 of 14 photos

$783,000

Days on Website: 16

  • 3,712 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

This 4-plex has been completely remolded from flooring, cabinets, baseboards heaters, appliance, ac wall units, new Pella windows. The property is fully occupied and brings in $4499 a month. The gross cap rate is 6.89%

Chase International-sparks

453 Poplar St., Reno NV, 89512

1 of 9 photos

$730,000

Days on Website: 562

  • 2,280 SqFt
  • 0.25 Acres

Multi-family

Reno ,NV

Status: Active/pending-call

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

2161 Yori, Reno NV, 89502-3812

1 of 16 photos

$725,000

Days on Website: 19

  • 3,360 SqFt
  • 0.17 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Two duplexes in SE Reno.Single story brick units each with an attached single car garage and access into the kitchen. Enter into the living room.Two bedrooms are separated by a bath.Each apartment has a fenced back yard space. Unit 2163 is vacant and available for showings.The other three units are tenant occupied on a month to month basis. Please do not disturb tenants.Viewing the three occupied apartments will be allowed during the inspection period with an accepted offer.All units are similar in layout.

Sierra Nevada Properties-reno

451 Roberts St, Reno NV, 89502

1 of 12 photos

$725,000

Days on Website: 16

  • 2,951 SqFt
  • 0.16 Acres

Multi-family

Reno ,NV

Status: Active/pending-loan

Area: Reno-Southeast

The apartments at 451 Roberts St. are an opportunity to acquire 4 units near the popular MidTown area. This well-maintained asset consists of 2 buildings, a large 3 bedroom, 1 bathroom renovated single family home fronting Roberts St. consisting of +/- 1,499 SF with a +/- 816 SF unfinished basement and a triplex consisting of three 1 bedroom 1 bathroom built in 2007 totaling +/-1,452 SF. The property is a mix of classic beautiful red brick and wood siding construction.

Keller Williams Realty Sparks

2017 Valley Rd, Reno NV, 89512

1 of 2 photos

$650,000

Days on Website: 74

  • 2,438 SqFt
  • 0.15 Acres

Multi-family

Reno ,NV

Status: Price Raised

Area: Reno-North

Seller will finance with a minimum of a 20% down payment. property to be sold "As Is" current conditions. Great opportunity for an investor looking to acquire an investment property, walking distance to the university of Reno Nevada. Two separate buildings, 2 units per building; each unit had 2 bedrooms and 1 bath. 3 of the units have been recently updated with new laminate and ceramic tile floors and new paint. Long term tenants, all tenants are on a month to month.

Coldwell Banker Select Reno

626 / 628 Grand Canyon Blvd., Reno NV, 89502

1 of 13 photos

$650,000

Days on Website: 36

  • 3,522 SqFt
  • 0.30 Acres

Multi-family

Reno ,NV

Status: Active/pending-call

Area: Reno-Southeast

Amazing opportunity to own this income producing property with a huge remodel / rebuild. This one will include a 2 bd 1 ba house with 1 car garage and yard, a 1 bd 1 ba with a yard then a rebuilt over under duplex with a 2 bd 2 bath and yard downstairs and a 2 bd 1 bath with big balcony upstairs. Always super easy to rent and situated near Midtown, shopping, bus lines, the airport, the new Park Lane and Shoppers’ Square Development.

Ferrari-lund Real Estate Reno

181 Linden Street, Reno NV, 89502

1 of 4 photos

$630,000

Days on Website: 19

  • 2,329 SqFt
  • 0.24 Acres

Multi-family

Reno ,NV

Status: Active

Area: Reno-Southeast

Located just a few blocks away from the new plumb lane 46 acre development!! This property consist of (4) studios, and (2) 1 bed, 1 bath units. ALL units are currently rented and are producing income! These units are a mix between month-to month, and leases. Pictures of all units are available upon request. Drive by, Please do not disturb tenants.

Trans-action Realty 500

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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 July 11th, 2020 at 10:41am PDT.