About This Home

This 0-bedroom, 0-bathroom commercial at 921 Willow Street #911-921 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.

Key Features

  • Built in 1957
  • 0.29 acre lot
  • 2 stories
  • 12 parking spaces

Property Details

2 stories
12 spaces
#911-921
1957

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$9,958/mo

20% down · 6.5% · 30 years

Principal$1,347
Interest$8,069
Insurance$543

Estimates only. Actual payments may vary.

Location

921 Willow Street #911-921

Reno, NV 89502

Aitken Addition

Property Details

Flooring

VariesCarpetTile - CeramicWoodLaminateTileVinyl

Construction

Attic/Crawl Hatchway(s) Insulated Batts Insulation Brick Wood Siding

Parking

On StreetOff Street

Heating

Wall FurnaceElectric (Heating)Forced AirNatural Gas

Cooling

Window Unit(s)ElectricWall/Window Unit(s)

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 $9,958 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.29 acre lot, 2 stories, 12 parking spaces.

This property is listed by Jacqueline Lescott.

JL

Jacqueline Lescott

License S.187479

Agent at Connect Realty.com, Inc.

Listed by Connect Realty.com, Inc. · Broker phone: (619) 590-0950 · View on Broker Site · Broker website

MLS# 260005217· Source: Northern Nevada Regional MLS, Inc.· 184 days on PropertySimple

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.

921 Willow Street #911-921, Reno, NV 89502

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