Property Description

Well priced twelve-unit investment property with a proven track record of generating stable income. There are 4 buildings on site: a 4-plex a 2-plex, and two 3-plexes. Units range from studios to two-bedrooms, and two units have private yards. There is a fully fenced yard area in the center of the property. New roof installed on one 3-plex within the last two years. Close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.6 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 nearly one hundred and fifty 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 just 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, Water Connected, Natural Gas Connected
Address Map
US
NV
Washoe
Reno
Aitken Addition
89502
Willow
921
0
W120° 11' 59.6''
N39° 31' 29.8''
Additional Info
Dickson Realty - Downtown
Jacqueline Lescott
04-29-2026 18:34:10
Active
04-29-2026
13345
1961-o
04-29-2026
$0
04-29-2026 18:42:53
2
$0
012-143-51
$0
$0
911

Commercial Sale Residential

921 Willow, Reno, Nevada 89502

0.29 Acre
$1,862,000
Listing ID #260005217
Basic Details
Property Type : Commercial Sale
Listing Type : Residential
Listing ID : 260005217
Serial Number : 20260429043905578231000000
Price : $1,862,000
View : Trees
Year Built : 1957
Lot Area : 0.29 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent