Reno NV Multi Family for Sale
$850,000
1290 Gordon Ave Reno, NV 89509
- Type:
- Multi-Family
- Sq.Ft.:
- 1,831
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 240015429
View additional info
Courtesy: Cal Neva Realty
775-783-0777
ADDITIONAL INFORMATION
Charming 2-bed/1-bath home in Reno's desirable Old Southwest: remodeled kitchen and bathroom, hardwood floors, private deck and fenced backyard, and a finished basement for extra space. PLUS 2003-built, detached 2-car garage includes a 1-bed/1-bath apartment above, perfect for rental income or flexible living. Both units feature private laundry. The garages are insulated, with one offering a full bathroom. Ideal for investors or owner-occupants seeking a prime location near downtown and midtown.
$799,000
241 Linden St Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 2,516
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 240015120
View additional info
Courtesy: Dickson Realty - Sparks
775-685-8800
ADDITIONAL INFORMATION
INVESTOR ALERT! Here's your opportunity to own four unitsâ?? a triplex and the front standalone unit, all on one parcel. All units have been upgraded. The stand-alone unit is fully renovated, featuring 2 bedrooms and 1 bath. The triplex has a two-bedroom, one-bath unit along with two one-bedroom, one-bath units. Both the triplex and stand-alone units have new roofs/stucco/most windows and appx2 paved driveways. A great investment opportunity awaits! Adjacent lots available Seller will entertain a bundle sale.
$735,000
606 E 7Th St Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 2,117
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 240015080
View additional info
Courtesy: Nevada Real Estate Connections
775-379-9617
ADDITIONAL INFORMATION
Corner lot location that offers off-street parking as well as a shared parking lot just for tenants. LVP throughout with modern bathrooms and Kitchens. Granite counters and stainless appliances, shaker cabinets and a neutral modern color pallet in each. Each unit has its own laundry with washer and dryer. The yard is park-like yet easy to maintain. Lot is potentially big enough to add additional unit. Buyer to verify.
$450,000
1461 E 7th Street Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 1,640
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1932
- Baths:
- MLS#:
- 240015069
View additional info
Courtesy: HomeGate Realty of Reno
775-856-4663
ADDITIONAL INFORMATION
Drive By Only! Please Do Not Disturb Tenants! All Viewings Can Take Place Within 3 Days Of Accepted Offer. Investment Opportunity in Reno! This multi-family property features four separate units on one parcel, making it a prime option for investors or owner-occupiers seeking rental income. The property includes one studio, two 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, offering a versatile mix to attract a variety of tenants.
$548,000
90/100 Arden Cir Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- 240014886
View additional info
Courtesy: Coldwell Banker Select Mt Rose
775-849-8500
ADDITIONAL INFORMATION
Charming Duplex in Northwest Reno â?? A Unique Investment Opportunity! Discover this well-maintained duplex, perfectly situated in the heart of Northwest Reno. Each unit boasts 1 bedroom, 1 bathroom, and approximately 720 square feet of living space, offering a combined total of 1,440 square feet. Thoughtfully upgraded, the interior was refreshed in 2017, while the exterior paint, and siding received modern updates in 2020.
$725,000
905 Mauldin Ln Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 2,727
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 240014777
View additional info
Courtesy: Marmot Properties, LLC
775-301-5289
ADDITIONAL INFORMATION
Discover this unique investment opportunity in a central Reno location. 905 Mauldin Lane is a beautifully renovated property on a sprawling 1/3-acre lot with multifamily zoning, presenting possibilities for future apartment development. Perfectly positioned near the airport, major highways, and just minutes from shopping hubs like Meadowood Mall, Whole Foods, and Trader Joeâ??s. This growing neighborhood also offers recreational amenities with a park and recreation center next door.
$750,000
764 Aitken Street Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,763
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- 240014161
View additional info
Courtesy: Dickson Realty - Damonte Ranch
775-850-7000
ADDITIONAL INFORMATION
Great multi-family investment opportunity with 4 units split between 2 buildings. Located near downtown Reno, Greater Nevada Field, & the Truckee River. With easy-to-care-for front landscaping featuring attractive trees, giving nice curb appeal. The large back patio and parking area between the two buildings offer ample space for tenants, while alley access provides additional convenience. Street parking as well.
$900,000
1141 Seminary Ave Reno, NV 89503
- Type:
- Multi-Family
- Sq.Ft.:
- 2,803
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- 240014127
View additional info
Courtesy: Dickson Realty - Damonte Ranch
775-850-7000
ADDITIONAL INFORMATION
Discover an exceptional property with a multi-family and single-family home just minutes from the University. This unique lot includes both a single-story brick bungalow and a multi-family four-plex with 4 studio units, offering immediate income potential for investors or an ideal setup for owner-occupied rental opportunities. With easy access to The University of Nevada Reno, local shops, public transit and freeway access, this property is positioned for long-term growth.
$399,900
348 Wheeler Ave Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,850
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 240014101
View additional info
Courtesy: Reno/Tahoe Realty Group, LLC
775-473-8899
ADDITIONAL INFORMATION
2 SFRs on one APN, zoned MF30, and covering 0.194 acres! Unit 348, built in 1908, faces Wheeler Ave and offers 3 bedrooms, 1 bath, 1,276 square feet above ground, and an 810 square foot basement. Unit 348 1/2, located behind with alleyway access, was built in 1914 and features 1 bedroom, 1 bath, and 574 square feet. Additionally, the lot includes a detached 1-car garage, accessible from Wheeler Ave. Discover the endless possibilities with this unique property!
$610,000
612 Quincy St Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 240014062
View additional info
Courtesy: RE/MAX Gold
775-787-3629
ADDITIONAL INFORMATION
Excellent investment opportunity! Two homes on one lot, each home featuring 3 bedrooms and 2 full bathrooms with fenced in yards. A new roof was completed on the front home in 2010, as well as a new furnace in 2011. The back home received a new roof in 2020 and the sewer line was re-sleeved in 2020 as well. The back home has new LVP flooring and fresh paint, ready for a new tenant! You will love the beauty and charm of the original wood doors, stair railing and framing in the front house.
$549,900
1026 West 2nd St. Reno, NV 89503
- Type:
- Multi-Family
- Sq.Ft.:
- 1,148
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- 240013935
View additional info
Courtesy: eXp Realty, LLC
702-727-1050
ADDITIONAL INFORMATION
This versatile duplex/triplex is in desirable Northwest Reno is an ideal investment opportunity! Featuring two unitsâ??a spacious 2-bedroom, 2-bath unit (or 2 separate units with separate entrances and exits), and a 1-bedroom, 1-bath unitâ??this property has the potential to generate $40,000+ annually in rental income. Located close to UNR and with easy access to Interstate 80, itâ??s perfect for students, professionals, families, walking mecca close to riverwalk, or a live/work space.
$599,000
611 Elko Ave Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 1,620
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1998
- Baths:
- MLS#:
- 240013912
View additional info
Courtesy: Dickson Realty - Damonte Ranch
775-850-7000
ADDITIONAL INFORMATION
Multi-family opportunity featuring three studio units in the Wells Avenue District. Wood siding exterior and mature trees enhancing its curb appeal, this property offers ample street parking and convenient alley access to garage spaces which varies per unit. 5% cap rate, it presents a fantastic investment opportunity in close proximity to the University of Nevada, Reno.
$910,000
519 Elko Ave Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 2,856
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- 240013797
View additional info
Courtesy: Marmot Properties, LLC
775-301-5289
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity in Reno's growing downtown district with high rent potential at 519 Elko Ave. This fully renovated, 5-unit apartment property combines modern amenities with a prime urban location, making it a standout choice for both investors and tenants. The property consists of two duplexes with spacious 2-bedroom, 1-bathroom units, plus a standalone 1-bedroom, 1-bathroom unit, each thoughtfully updated in 2021.
$675,000
1313 Powell Ln Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 2,444
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 2004
- Baths:
- MLS#:
- 240013639
View additional info
Courtesy: Solid Source Realty
775-636-9943
ADDITIONAL INFORMATION
Investment Opportunity: This centrally located duplex features two generous 2-bedroom, 2-bathroom units, each spanning 1,222 square feet. Tenants will appreciate the convenience of an in-unit washer and dryer, an oversized 1 car attached garage, and a backyard space. With no carpeting in the units, renting and maintenance are hassle-free.
$650,000
225 Cheney St Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 1,700
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 240012482
View additional info
Courtesy: Address Income
775-233-0754
ADDITIONAL INFORMATION
225 Cheney St is a 2 unit duplex is a prime investment opportunity nestled in the heart of Midtown Reno, one of the cityâ??s most vibrant and sought-after neighborhoods. This charming duplex offers the perfect blend of modern convenience and historic character, surrounded by trendy boutiques, top-rated restaurants, and a thriving art scene. Each unit is thoughtfully designed with spacious layouts, abundant natural light, and updated amenities, making it ideal for both owner-occupants and renters.
$649,900
484 E 8th St. Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 1,820
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1932
- Baths:
- MLS#:
- 240012294
View additional info
Courtesy: RE/MAX Professionals-Reno
775-345-3070
ADDITIONAL INFORMATION
This multi unit property comes fully furnished, near downtown Reno, Midtown and the University of Nevada -Reno. This property consists of two single family homes and an art studio/overflow bedroom. The front house has 3 bedrooms and 2 bathrooms, fully updated and modernized with high quality finishes, Frigidaire appliances, LVP flooring, newer washer/dryer and more. The studio home with alley access is also fully furnished and updated.
$1,500,000
629 SINCLAIR ST Reno, NV 89501
- Type:
- Multi-Family
- Sq.Ft.:
- 3,986
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1918
- Baths:
- MLS#:
- 240012257
View additional info
Courtesy: Stitser Properties
775-393-9881
ADDITIONAL INFORMATION
The property is comprised of two adjacent parcels APN â?? 011-233-07 & 011-233-08 that will be sold as a portfolio. This exceptional property comprises 7 units with a varied unit mix, offering unmatched flexibility and optimizing return on investment. Featuring seven structures in all, including covered storage areas and generous living spaces, this property guarantees both comfort and convenience.
$1,350,000
530 Moran Reno, NV 89502
- Type:
- Multi-Family
- Sq.Ft.:
- 2,981
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- 240012059
View additional info
Courtesy: RE/MAX Professionals-Reno
775-345-3070
ADDITIONAL INFORMATION
DO NOT DISTURB TENANTS. Fully occupied 5 plex. vintage cottage in front. 4plex in back accessed by alley. Cottage has an unfinished basement, garage and driveway parking. 4 plex is 2 story. Upstairs units have balconies. Downstairs units have small, fenced yards. 4 plex has 1 parking spot for each unit. All units have w/d. Located in 'midtown adjacent', Wells Ave district, central Reno. Showings only after offer submitted contingent upon satisfactory viewing. Please see extended remarks.
$874,000
650 Elko Ave Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 2,165
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 240011814
View additional info
Courtesy: Realty Boulevard
775-622-0322
ADDITIONAL INFORMATION
Fantastic investment opportunity! This well-maintained 4-plex at 650 Elko Ave offers incredible income potential in a desirable location. 1-2 bedroom and 1 bath unit, 2-1 bedroom 1 bath units and a studio. Each unit features well-maintained and updated features providing comfortable living spaces for tenants. Conveniently located near shopping, dining, and schools, UNR, and downtown, this property attracts a steady stream of renters.
$436,000
632 Quincy St Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 1,483
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1934
- Baths:
- MLS#:
- 240011751
View additional info
Courtesy: Dickson Realty - Sparks
775-685-8800
ADDITIONAL INFORMATION
Investor Alert! Flipper! 2 homes on 1 lot. 1 home (Back Unit) is occupied (do not disturb), front home has been under construction by owner. No further work will be completed by Owner. Front unit has newer roof, new kitchen cabinets, granit slab counter tops, recessed lighting, ceiling fans, microwave installed, bath/shower unit is there ready for installation. Both units being sold in its current condition with NO repairs. No assignment offers. Front unit under construction enter at your own risk.
$1,250,000
1050 W 2nd St Reno, NV 89503
- Type:
- Multi-Family
- Sq.Ft.:
- 4,998
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1932
- Baths:
- MLS#:
- 240011335
View additional info
Courtesy: Marmot Properties, LLC
775-301-5289
ADDITIONAL INFORMATION
Investment Opportunity: 5-Unit Apartment Building Property Overview: Welcome to this exceptional investment opportunity! This well-maintained 5-unit apartment building features a total of 6 bedrooms and 6 bathrooms, offering a versatile rental option in a prime location. With a mix of one-bedroom and two-bedroom units, this property promises both immediate rental income and long-term potential.
$1,250,000
214 Stewart St Reno, NV 89501
- Type:
- Multi-Family
- Sq.Ft.:
- 2,475
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- 240010908
View additional info
Courtesy: TrueNest Properties
775-227-7577
ADDITIONAL INFORMATION
Welcome to "The Victorian House" at 214 Stewart, a meticulously renovated Victorian home transformed into a charming five-unit apartment building. Nestled between the vibrant districts of midtown and downtown, this property enjoys prime positioning, offering easy access to key cultural attractions and bustling city life, ensuring a high demand from tenants.
$740,000
2424 Sutro Street Reno, NV 89512
- Type:
- Multi-Family
- Sq.Ft.:
- 3,456
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 240010907
View additional info
Courtesy: Fathom Realty
775-241-8667
ADDITIONAL INFORMATION
Prime Investment Opportunity: 2424 Sutro Street, Reno, NV Discover a townhome-style 4-plex situated in the heart of Reno, NV. This multi-family property offers a strategic location with easy access to bus lines, Interstate 80, and a variety of local amenities, including restaurants, coffee shops, and laundromats. Each of the four units features a spacious 864 sq. ft. layout with two bedrooms and one bathroom.
$895,000
1950 Carolyn Way Reno, NV 89506
- Type:
- Multi-Family
- Sq.Ft.:
- 7,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.06 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 240010529
View additional info
Courtesy: Dickson Realty - Downtown
775-324-7000
ADDITIONAL INFORMATION
This listing includes one parcel with ALL of the following: one stick built home with a detached in-law suite, three manufactured homes on eight-point foundations, two RV spaces with 5th wheels, AND a coin-op laundry. Gross rents are $9650 per month. These long-term tenants are wonderful; please do disturb. Proof of funds are required to view this property and listing agent must attend showings. Units are individually sub-metered. Act fast and 4bd/2bth unit can be delivered vacant for buyer to occupy!
$899,000
940 Brinkby Avenue Reno, NV 89509
- Type:
- Multi-Family
- Sq.Ft.:
- 2,686
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- 240010371
View additional info
Courtesy: RE/MAX Professionals-Reno
775-345-3070
ADDITIONAL INFORMATION
Three charming single-family homes nestled on a single lot in one of Reno's most desirable neighborhoods. There are two 2 bed, 2 bath, 1 car garage units and 1 bed, 1 bath, 1 car garage unit. Each unit has a private yard. Located just steps away from the serene S. Virginia Lake and with easy access to public transportation, this property offers unparalleled convenience and lifestyle appeal. Each home is currently tenant-occupied, providing immediate rental income, making it an ideal investment.
TThe information being provided by NNRMLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Property information and certain information contained herein is derived from information which is the licensed property of and copyrighted by NNRMLS. Information is deemed reliable but is not guaranteed. Copyright 2024, of the Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.
Reno Real Estate
The median home value in Reno, NV is $570,000. This is higher than the county median home value of $507,300. The national median home value is $338,100. The average price of homes sold in Reno, NV is $570,000. Approximately 45.33% of Reno homes are owned, compared to 48.57% rented, while 6.09% are vacant. Reno real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reno real estate agent to arrange a tour today!
Reno, Nevada has a population of 259,913. Reno is less family-centric than the surrounding county with 28.93% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Reno, Nevada is $67,557. The median household income for the surrounding county is $74,292 compared to the national median of $69,021. The median age of people living in Reno is 36.4 years.
Reno Weather
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 8.9 inches per year, with 21.9 inches of snow per year.