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About This Home
This 0-bedroom, 0-bathroom commercial at 921 Willow Street in Reno, NV is listed for $1,862,000 ($336 per sqft). Built in 1957, the home offers 5,549 sqft of living space on a 0.29 acres lot.
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.
Key Features
- Built in 1957
- 0.29 acre lot
- 2 stories
- 12 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$9,958/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
921 Willow Street
Reno, NV 89502
Aitken Addition
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 921 Willow Street is listed at $1,862,000 ($336/sqft). The estimated monthly payment is $8,069 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 0.29 acre lot, 2 stories, 12 parking spaces.
This property is listed by Jacqueline Lescott and can be reached at 7753600060 or jlescott@dicksonrealty.com.






