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About This Home

This 0-bedroom, 0-bathroom commercial at 747 Willow Street in Reno, NV is listed for $1,350,000 ($353 per sqft). Built in 1931, the home offers 3,822 sqft of living space on a 0.18 acres lot.

Agent 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.

Key Features

  • Built in 1931
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
#1-11
1931

Amenities

A/C

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

747 Willow Street

Reno, NV 89502

Shaff`S

Property Details

Flooring

VariesLaminateTile - CeramicVinylCarpet

Construction

Stucco Wood Siding

Parking

On Street

Heating

Wall FurnaceNatural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)Electric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 747 Willow Street is listed at $1,350,000 ($353/sqft). The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.18 acre lot, 2 stories.

This property is listed by Jacqueline Lescott and can be reached at 7753600060 or jlescott@dicksonrealty.com.

JL

Jacqueline Lescott

Agent at Dickson Realty - Downtown

(775) 360-0060

Listed by Dickson Realty - Downtown

MLS# 260005220· Source: listhub· Updated 33 days ago

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

747 Willow Street, Reno, NV 89502

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