Homes for sale - 1101 E Taylor St, Reno, NV 89502

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Apr

Sat

Apr

Sun

Apr

Jieli Mao

jm@jielimao.com +1(775) 544-8669

$ 1,750,000

Est. payment | -/mo

2 Beds

1 Bath

4,760 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

2 Beds

1 Bath

4,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $367

Subdivision Nv

MLS Listing ID 250004216

Bedrooms 2

Year Built 1962

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Apartment Building (up to 8 Units)

Property Description

Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it's an ideal opportunity for investors seeking hassle-free ownership and long-term stability. Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today's market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don't miss this fantastic opportunity to add a quality asset to your portfolio.

Location

State NV

County Washoe

Zoning MF14

Interior

Heating Air Unit, Electric, Forced Air, Wall Heater, EnergyStar APPL 1 or More

Cooling Air Unit, Electric, Forced Air, Wall Heater, EnergyStar APPL 1 or More

Flooring Laminate

Appliance Dishwasher, Microwave, Oven/Range, Refrigerator

Laundry Common, Separate

Exterior

Exterior Feature Brick

Fence Back

Utilities Available City Sewer, Electricity, Natural Gas, Water Meter Installed, Internet Available, Cellular Coverage Avail

Roof Type Flat,Membrane

Total Parking Spaces 10

Building

Story 2 Story

Foundation Concrete/Crawl Space

Water Electric

Level or Stories 2 Story

Structure Type Masonry

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 01314117

SqFt Source 4760

Special Listing Condition None

Listed by Address Income

+1(775) 544-8669

jm@jielimao.com

500 Damonte Ranch Pkwy # 804, Reno, NV, 89521, Unite States

1101 E Taylor St Reno, NV 89502