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
UTILITIES:
Internet Available, Water Meter Installed, Cable Available, Cellular Coverage, Electricity Connected, Sewer Connected, Natural Gas Connected
Address Map
Country:
US
State:
NV
County:
Washoe
City:
Reno
Area:
Shaff`S
Zipcode:
89502
Street:
Willow
Street Number:
747
Floor Number:
0
Longitude:
W120° 11' 53.8''
Latitude:
N39° 31' 29.8''
Additional Info
Office Name:
Dickson Realty - Downtown
Agent Name:
Jacqueline Lescott
PhotoTimestamp:
06-01-2026 20:26:18
Status Detail:
Active
Status Date:
04-29-2026
Agent ID:
13345
Listing Office 1:
1961-o
Contract Date:
04-29-2026
Sold Price:
$0
Update Date:
06-01-2026 20:26:37
Stories:
2
CIC Dues:
$0
Parcel #:
012-141-17
Search Price:
$0
Price Per SQFT:
$0
Unit #:
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