Carson-tahoehomes.com Search Results

$575,000

2 houses on a .14 acres parcel in the heart of Renown Medical District. House 1 is a 2/1 with 1044 sqft and House 2 is a 2/1, 1044 sqft with a basement about 1000sqft. Long time tenants since 1990/2003 paying below market rent. A rental analysis for a proforma rent rate is 1750-1850 per month, see attached document. This property has redevelopment opportunity and Zoned MU.

4 Beds ⋅ 2 Baths ⋅ 260009561 MLS

2 houses on a .14 acres parcel in the heart of Renown Medical District. House 1 is a 2/1 with 1044 sqft and House 2 is a 2/1, 1044 sqft with a basement about 1000sqft. Long time tenants since 1990/2003 paying below market rent. A rental analysis for a proforma rent rate is 1750-1850 per month, see attached document. This property has redevelopment opportunity and Zoned MU.

861 Aitken St, Reno

$2,700,000

Two nearly identical, freshly painted 8-unit apartment buildings are being offered together as a turnkey 16-unit portfolio in one of Reno's most rental-resilient submarkets. Both properties sit in the 89502 zip code just minutes from Renown Regional Medical Center — northern Nevada's largest hospital and one of the region's top employers — and are equally well-positioned for tenants working or playing in Midtown, downtown Reno, and along the South Wells Avenue corridor. The two buildings are separately parceled and may be purchased individually or together. The portfolio consists of sixteen identical one-bedroom, one-bath units, each approximately 506 square feet, spread across two nearly matching two-story buildings originally constructed in 1964. Both are built of concrete block with masonry bearing walls — a durable, quiet, low-capex construction type that has held up well over the decades and continues to keep long-term operating costs in check. Each unit is served by its own wall heater, keeping the utility structure simple and tenant-paid. Some interior updates have already been completed across the units, giving a new owner a meaningful head start on the value-add plan while still leaving room to push rents further through continued unit-by-unit improvements. The exteriors of both buildings have been freshly painted, delivering strong day-one curb appeal. 900 Willow Street offers 8 units in a 4,048 SF building on a 5,341 SF lot, while 190 Locust Street mirrors it with 8 units in a 4,048 SF building on a slightly larger 5,461 SF lot with a 276 SF basement area. Both parcels carry Mixed-Use (MU) zoning, adding long-term flexibility and upside for a future owner. The location is what truly sets this offering apart. Renown Regional Medical Center is essentially around the corner — a massive, always-hiring employer that drives constant rental demand from nurses, residents, techs, and traveling medical professionals looking for small, walkable, affordable units exactly like these. Midtown Reno, the city's most talked-about restaurant, coffee, and nightlife district, is a short walk or quick drive away, and downtown Reno, the Truckee Riverwalk, and the University of Nevada are all just minutes north. The South Wells Avenue commercial corridor sits right at the doorstep, giving tenants everyday services, grocery, and dining without needing to get in a car. This is a rare chance to acquire real scale — 16 doors — in a supply-constrained submarket, with the added flexibility of taking one building or both. The all-one-bedroom unit mix tracks perfectly with Reno's growing base of single medical professionals, young workers, and students, and the uniform floor plans make the properties simple to operate and lease. Concrete block construction keeps insurance premiums and maintenance costs manageable, the completed interior updates reduce day-one turn work, and the fresh exterior paint means the buildings show — and lease — immediately. The offering is ideally suited for value-add multifamily investors, 1031 exchange buyers looking for stabilized-with-upside product, and out-of-state operators seeking an entry point into Reno's medical-district rental market.

260008823 MLS

Two nearly identical, freshly painted 8-unit apartment buildings are being offered together as a turnkey 16-unit portfolio in one of Reno's most rental-resilient submarkets. Both properties sit in the 89502 zip code just minutes from Renown Regional Medical Center — northern Nevada's largest hospital and one of the region's top employers — and are equally well-positioned for tenants working or playing in Midtown, downtown Reno, and along the South Wells Avenue corridor. The two buildings are separately parceled and may be purchased individually or together. The portfolio consists of sixteen identical one-bedroom, one-bath units, each approximately 506 square feet, spread across two nearly matching two-story buildings originally constructed in 1964. Both are built of concrete block with masonry bearing walls — a durable, quiet, low-capex construction type that has held up well over the decades and continues to keep long-term operating costs in check. Each unit is served by its own wall heater, keeping the utility structure simple and tenant-paid. Some interior updates have already been completed across the units, giving a new owner a meaningful head start on the value-add plan while still leaving room to push rents further through continued unit-by-unit improvements. The exteriors of both buildings have been freshly painted, delivering strong day-one curb appeal. 900 Willow Street offers 8 units in a 4,048 SF building on a 5,341 SF lot, while 190 Locust Street mirrors it with 8 units in a 4,048 SF building on a slightly larger 5,461 SF lot with a 276 SF basement area. Both parcels carry Mixed-Use (MU) zoning, adding long-term flexibility and upside for a future owner. The location is what truly sets this offering apart. Renown Regional Medical Center is essentially around the corner — a massive, always-hiring employer that drives constant rental demand from nurses, residents, techs, and traveling medical professionals looking for small, walkable, affordable units exactly like these. Midtown Reno, the city's most talked-about restaurant, coffee, and nightlife district, is a short walk or quick drive away, and downtown Reno, the Truckee Riverwalk, and the University of Nevada are all just minutes north. The South Wells Avenue commercial corridor sits right at the doorstep, giving tenants everyday services, grocery, and dining without needing to get in a car. This is a rare chance to acquire real scale — 16 doors — in a supply-constrained submarket, with the added flexibility of taking one building or both. The all-one-bedroom unit mix tracks perfectly with Reno's growing base of single medical professionals, young workers, and students, and the uniform floor plans make the properties simple to operate and lease. Concrete block construction keeps insurance premiums and maintenance costs manageable, the completed interior updates reduce day-one turn work, and the fresh exterior paint means the buildings show — and lease — immediately. The offering is ideally suited for value-add multifamily investors, 1031 exchange buyers looking for stabilized-with-upside product, and out-of-state operators seeking an entry point into Reno's medical-district rental market.

190 Locust St, Reno

$650,000

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.

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

$840,000

The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.

6 Beds ⋅ 4 Baths ⋅ 260007314 MLS

The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.

468 Capitol Hill Ave, Reno

$725,000

7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.

4 Beds ⋅ 3 Baths ⋅ 260003996 MLS

7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.

99 Bartlett St, Reno

$540,000

Midtown Duplex. Never Vacant always rented. One 2 bed/1 bath, one 1bed/1bath.3 stall carport, storage shed. Both units are currently rented.

3 Beds ⋅ 2 Baths ⋅ 260001167 MLS

Midtown Duplex. Never Vacant always rented. One 2 bed/1 bath, one 1bed/1bath.3 stall carport, storage shed. Both units are currently rented.

814 S Arlington Ave, Reno

$740,000

Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.

8 Beds ⋅ 4 Baths ⋅ 260001005 MLS

Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.

650 Denslowe Dr, Reno

$525,000

This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.

2 Beds ⋅ 2 Baths ⋅ 260000836 MLS

This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.

1720 H St, Sparks

$674,900

Rare!!! One lot 3 income opportunities... For sale One 2 Bedroom 1 Bath home, One 1 Bedroom 1 Bath ADU, and a Land Rental pad for a Manufactured home that is currently rented. You could rent them all, or you could live in one and rent the others... The choices you have are endless... located in a quiet neighborhood, minutes to UNR or Downtown Reno, also minutes to all the warehouses in North Reno.... The two homes have been completely remodeled and updated... Plenty of parking for all units... Give me a call today to setup your private showing today....

3 Beds ⋅ 2 Baths ⋅ 250058012 MLS

Rare!!! One lot 3 income opportunities... For sale One 2 Bedroom 1 Bath home, One 1 Bedroom 1 Bath ADU, and a Land Rental pad for a Manufactured home that is currently rented. You could rent them all, or you could live in one and rent the others... The choices you have are endless... located in a quiet neighborhood, minutes to UNR or Downtown Reno, also minutes to all the warehouses in North Reno.... The two homes have been completely remodeled and updated... Plenty of parking for all units... Give me a call today to setup your private showing today....

4955 Emery Dr, Reno