Property Description

Exceptional investment opportunity near the University of Nevada, Reno. This fully renovated fourplex offers modern finishes, strong rental demand, and unmatched versatility—ideal for investors, owner-occupants seeking to offset their mortgage, or parents looking for quality housing and long-term stability for their UNR students. All four units feature vaulted ceilings, creating a more premium and spacious feel throughout the interiors. Each unit received a full cosmetic remodel in late 2021, including updated interior and exterior paint, new windows, upgraded flooring, remodeled bathrooms, shaker-style cabinetry, stainless steel appliances, granite countertops, modern lighting, enhanced millwork, new interior doors, and efficient on-demand water heaters. Major capital systems have also been addressed: the sewer line from the building to the city connection was replaced in 2023, and a commercial backflow device was installed in 2025 to meet current city standards. The four units consist of a 392 sq ft studio and three one-bedroom/one-bath units measuring 672 sq ft, 532 sq ft, and 520 sq ft (one including a small office) totally 2116 square feet. Tenants pay refuse collection and electricity, while the owner pays gas, water, and sewer. The surrounding neighborhood has experienced meaningful improvement and growth, including a newer commercial corridor with restaurants, shopping, and groceries all within close proximity. Recent additions such as In-N-Out, Cracker Barrel, Starbucks, and other new establishments have contributed to increased convenience and long-term appreciation for the area. Located minutes from UNR, public transportation, major employment centers, and daily amenities, this fourplex offers strong rental demand, minimal near-term maintenance, and excellent long-term potential for any buyer seeking a reliable income-producing property.

Features
: Internet Available, Cable Available, Cellular Coverage, Phone Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
: No
Address Map
US
NV
Washoe
Reno
Sunnyside Addition
89503
7th
903
0
W120° 10' 16.5''
N39° 31' 53.8''
Neighborhood
Elmcrest
Reno
Marce Herz
Additional Info
Ascent Property Group
Kelli Potts
11-25-2025 19:06:28
Active
11-25-2025
627502656
627502630-o
11-21-2025
$0
11-25-2025 19:15:04
1
$0
006-121-14
$0
$0

Residential Income Residential

903 7th, Reno, Nevada 89503

0.09 Acre
$850,000
Listing ID #250058568
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250058568
Serial Number : 20251122212434318543000000
Price : $850,000
View : Trees
Year Built : 1915
Lot Area : 0.09 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent