Listed by Jacqueline Lescott of Dickson Realty - Downtown
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.

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Property Details of 921 Willow, Unit 911-921

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Based on information submitted to Northern Nevada Regional MLS as of May 28, 2026 1:35 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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