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$1,200,000
260008946 MLS
Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred twenty-five thousand dollars down, seller to carry a five hundred seventy-five thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.

330 Talus Way, Reno

$1,090,000
7 Beds 6 Baths 260008898 MLS
315 Crampton St — Rare Midtown Reno triplex offering strong income and owner-user flexibility, all on one parcel just steps from the shops, restaurants, and nightlife that make Midtown one of Reno's most sought-after neighborhoods. The property features a front house plus a back duplex, giving you multiple paths to build equity, generate cash flow, or live in one unit while the others help pay the mortgage. The front house is a beautifully renovated, vacant, 3-bedroom, 1.5-bath detached house — ideal for an owner-user or investor. Recent upgrades include a remodeled kitchen with new countertops, cabinets, and appliances, updated bathrooms, new flooring throughout, all-new double-pane windows, and refreshed landscaping. An unfinished basement offers exciting potential to add livable square footage or even a fourth unit (buyer and buyer's agent to verify with City). The back duplex consists of two comfortable 2-bedroom, 1.5-bath units, each currently rented at 1,650/month for reliable, in-place income. Together, the three units make this an excellent addition to any investment portfolio — or the perfect house-hack opportunity for a buyer looking to offset their cost of living. With a walkable Midtown location, versatile unit mix, and value-add upside in the basement, opportunities like this don't come along often. Don't miss your chance to own a piece of one of Reno's most dynamic neighborhoods.

315 Crampton St, Reno

$878,700
3 Beds 3 Baths 260008423 MLS
Excellent investment opportunity in the heart of Midtown Reno! This well-maintained triplex consists of a duplex with separate gas and electric meters for each unit and a shared water meter, plus a detached third unit with its own water, gas, and electric meters. All three units have been fully remodeled and feature luxury vinyl plank flooring, updated ABS waste lines, stainless steel appliances, and gas ranges. Each unit is currently leased on one-year agreements at $1,395 per month, providing immediate rental income. Situated on an MF-30 zoned lot, the property offers exceptional redevelopment potential, with zoning allowing for up to six units (buyer to verify with the City of Reno). Whether you're seeking a turnkey income property or a future development opportunity, this is a rare investment in one of Reno's most desirable central locations.

330 Broadway Blvd, Reno

$650,000
4 Beds 3 Baths 260007966 MLS
LOCATION LOCATION LOCATION! This 3-unit multifamily property is gleaming with potential. Ideally located within walking distance of the University of Nevada, Reno and Downtown Reno, making it highly attractive to students, professionals, and renters alike. Each unit features its own private entrance, providing added privacy and appeal. The charming detached 1-bedroom, 1-bath "cottage" offers a generous side yard complete with raised garden beds and lots of space to play. The upstairs unit is a move-in-ready 2-bedroom, 1-bath with plenty of natural light and comfortable living space. The downstairs unit is a spacious 1-bedroom, 1-bath featuring an oversized bedroom and is currently vacant while undergoing cosmetic improvements. With a little vision and finishing touches, this property has the potential to achieve an estimated 7% CAP rate - an increasingly rare opportunity in today's market. Whether you're looking to expand your portfolio, house-hack, or invest in a high-demand rental area, this property checks all the boxes. Don't miss your chance, this one won't last long! Agents, please read private remarks.

1301 Faland Way Unit 1, 2, 3, Reno

$699,666
4 Beds 3 Baths 260006981 MLS
Single-family house AND duplex on a corner lot. The freestanding house (912 12th St.) is 2 bedrooms / 1.5 bathrooms / 1 car garage and has washer & dryer hookups and forced air heating. Similar houses in the area (without a duplex) have recently sold for over four hundred thousand dollars. The duplex (908 12th St. and 1168 H St.) consists of two 1 bedroom / 1 bathroom units and both have washer hookups and mini-split heating and cooling. All 3 "units" are individually metered for gas, electricity, AND water. Owner pays sewer and trash, tenants pay gas, electric, and water. The roof on the duplex will be replaced by the Seller in July. Duplex unit "908 12th St." has intentionally been left vacant and can be shown with approval. The single-family house (912 12th St.) and duplex unit 1168 H St. are both tenant occupied - please do not disturb. Financials are available upon request.

908 12th St, Sparks

$1,432,000
3 Beds 2 Baths 260002834 MLS
3325 Clearacre Lane presents a rare opportunity to get paid while you plan for a higher use on a strategically located 1.5-acre parcel. With two existing houses providing immediate income, this property offers flexibility and cash flow as you explore future development options. Positioned at the gateway to Sun Valley, the site boasts massive daily traffic counts and high visibility--ideal for commercial, mixed-use, or multi-family concepts. Whether you're envisioning retail frontage, residential density, or something bold and innovative, this is the perfect canvas to think out loud and build value in a fast-growing corridor. Lots of development planned for the area where Clearacre meets the Freeway. Commercial uses along with multi-family would be best.

3325 Clear Acre Ln, Reno

$1,431,000
5 Beds 6 Baths 250055872 MLS
Welcome to 343 & 347 Mount Rose St, located in the heart of Reno's vibrant MidTown District, the city's most desirable neighborhood for arts, culture, theatre, and dining, all just steps from your front door. It offers a rare blend of charm, modern convenience, and excellent investment potential. This property is perfect for both owner occupants and investors. 343 Mount Rose St. features a spacious single level main residence, complemented by a second unit.Tucked away down a few steps to the front door with a breezeway patio the length of the home. 347 Mount Rose St. was built in 2017, it's a stylish modern duplex with alley access, each of the two units spans three stories and includes, one bedroom, + den or office, two bathrooms, attached one car garage with two storage spaces, two private balconies, fenced patio space, vaulted ceilings, and sunshine filled interiors. Whether you're looking to expand your portfolio or be an owner occupier and rent out three units, this unique property is the best of both worlds, in one of Reno's most walkable, lively, and fast appreciating neighborhoods. Newer roof from 2024 on the front house.

343 & 347 Mount Rose St St, Reno

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Data last updated on 06/28/2017.

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