Property Description

Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied – please do not disturb them.

Features
: Internet Available, Water Meter Installed, Cable Available, Cellular Coverage, Electricity Connected, Sewer Connected, Natural Gas Connected
Address Map
US
NV
Washoe
Reno
Shaff`S
89502
Willow
747
0
W120° 11' 53.8''
N39° 31' 29.8''
Additional Info
Dickson Realty - Downtown
Jacqueline Lescott
04-29-2026 18:37:49
Active
04-29-2026
13345
1961-o
04-29-2026
$0
04-29-2026 18:47:12
2
$0
012-141-17
$0
$0
1

Commercial Sale Residential

747 Willow, Reno, Nevada 89502

0.18 Acre
$1,350,000
Listing ID #260005220
Basic Details
Property Type : Commercial Sale
Listing Type : Residential
Listing ID : 260005220
Serial Number : 20260429041618890783000000
Price : $1,350,000
View : Trees
Year Built : 1931
Lot Area : 0.18 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent