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    Turnkey Multifamily Investment Opportunity
    Updated: Sep 25, 2025
    Turnkey Multifamily Investment Opportunity

    2151 Patton Drive, Reno, NV 89512

    $1,450,000
    6,816 sqft
    High‑performing, fully occupied 8‑unit multi‑family property boasting $119,460 gross income, $87,997 NOI, and a 6.06% CAP rate.
    Qualifies for conventional financing due to each 4‑plex being on its own parcel.
    Seller financing available with 50% down, terms negotiable.
    New roofs (2023/2025) with warranties, fresh exterior paint, updated windows/sliders, and resealed parking lot.
    Turnkey investment with strong cash flow and individually metered units for Power & Gas.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2151 Patton Drive, Reno, NV 89512,

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $88K
      Annual

    • Price @ 7% Cap

      $1.26M
      Suggested
    View Property Analytics
    Mixed-Use Property with Insulated Shop
    Updated: Apr 20
    Mixed-Use Property with Insulated Shop

    4400 W Winnemucca Blvd, Winnemucca, NV 89445

    $1,375,000
    6,940 sqft 3.76 AC lot
    3.7‑acre commercial property on W Winnemucca Blvd, less than a mile off HWY 80
    Includes 5 stick‑built homes: 3 occupied and 2 in need of renovations
    Includes 4 apartment units, all currently occupied
    Large insulated shop plus multiple storage sheds on the property
    Trailer hookups available
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    Updated 5-Unit Multifamily Property
    Updated 5-Unit Multifamily Property

    2536 Carroll Street, North Las Vegas, NV 89030

    $785,000
    3,088 sqft 0.18 AC lot

    Five-unit multifamily with recent interior upgrades and an on-site laundry room for day-to-day resident convenience.

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    USDA-Subsidized Multifamily Complex
    USDA-Subsidized Multifamily Complex

    720 Broyles Ranch Road, Battle Mountain, NV 89820

    $2,500,000
    18,430 sqft 1.70 AC lot

    USDA-subsidized complex with 24 units across six quadraplex buildings, offering 1- and 2-bedroom apartments.

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    Multifamily Investment Near Midtown Reno
    Multifamily Investment Near Midtown Reno

    1761 Stewart St, Reno, NV 89502

    $1,075,000
    4,256 sqft

    Multifamily investment property featuring six spacious units near Midtown Reno.

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    Multi-Family Income Property
    Multi-Family Income Property

    5145 Kell Lane, Las Vegas, NV 89156

    $1,100,000
    4,513 sqft 1.24 AC lot

    Income property with five single-family homes, one duplex, and two income-producing vacant lots on one parcel.

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    Mixed-Use Development Parcel
    Mixed-Use Development Parcel

    1496 S Virginia Street, Reno, NV 89502

    $4,500,000
    4,900 sqft 1.24 AC lot

    Zoned MU MD with two tenant-occupied buildings across three parcels, totaling 1.24 acres.

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    Reno Multifamily Investment Opportunity
    Reno Multifamily Investment Opportunity

    921 Willow Street, Reno, NV 89502

    $1,862,000
    5,549 sqft 0.29 AC lot

    Twelve-unit property near Midtown and Downtown Reno with income potential.

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    Multifamily Property with 10 Units
    Multifamily Property with 10 Units

    1030 Berrum Ln, Reno, NV 89509

    $2,600,000
    10,400 sqft

    Multifamily property featuring 10 units.

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    Updated Six-Unit Multifamily Property
    Updated Six-Unit Multifamily Property

    1385 W 6th Street, Reno, NV 89503

    $949,000
    4,094 sqft 0.18 AC lot

    Updated six-unit multifamily with partially renovated interiors and outdoor patios/balconies in Reno’s northwest.

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    New Multifamily Units Near City Center
    New Multifamily Units Near City Center

    100 E 1st S St, Mesquite, NV 89027

    $2,500,000
    10,800 sqft 0.73 AC lot

    New 12-unit multifamily property near Mesquite city center.

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    USDA Subsidized Multifamily Property
    USDA Subsidized Multifamily Property

    720 Broyles Ranch Road, Battle Mountain, NV 89820

    $2,500,000
    18,430 sqft

    Multifamily asset with 24 units in place and USDA rental assistance, including 1- and 2-bedroom configurations.

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    Nine-Unit Multifamily Investment Property
    Nine-Unit Multifamily Investment Property

    747 Willow Street, Reno, NV 89502

    $1,350,000
    3,822 sqft 0.18 AC lot

    Three buildings totaling nine units, including a five-plex and two duplexes, with recent roof and unit updates.

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    Mixed-Use Land Parcel
    Mixed-Use Land Parcel

    101 S Wells Avenue, Reno, NV 89502

    $790,000
    0.27 AC lot

    Mixed-use corner parcel with available Phase 1 and geotechnical inspections for informed redevelopment planning.

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    60-Unit Value-Add Apartment Community
    60-Unit Value-Add Apartment Community

    4330 LAS VEGAS BLVD N, Las Vegas, NV 89115

    $6,999,999
    35,024 sqft 2.88 AC lot

    Renovated and gated 60-unit multifamily with carport parking, onsite laundry, and an active lease-up under new management.

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    Gated Multifamily Apartment Community
    Gated Multifamily Apartment Community

    3909-3949 N Nellis Blvd, Las Vegas, NV 89115

    $16,900,000
    91,359 sqft 3.61 AC lot

    100-unit gated complex with renovated one- and two-bedroom layouts, in-unit washer/dryer, and community pool.

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    Las Vegas Multifamily Portfolio
    Las Vegas Multifamily Portfolio

    4771 E Craig Road, Las Vegas, NV 89115

    $4,285,000
    19,907 sqft

    100% occupied portfolio of 20 units in Las Vegas.

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    The Villas at South Pointe
    The Villas at South Pointe

    3400 Dry Gulch Dr, Laughlin, NV 89029

    $7,250,000
    59,289 sqft

    39 townhomes in 55+ community near Las Vegas.

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    Small Multifamily Apartment Building
    Small Multifamily Apartment Building

    2536 Carroll St, North Las Vegas, NV 89030

    $785,000

    Five-unit property with mostly newly updated interiors and an on-site laundry room.

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    Nine-Unit Investment Property in Reno
    Nine-Unit Investment Property in Reno

    1-11-747 Willow St, Reno, NV 89502

    $1,350,000

    Stable income property near Midtown, Downtown, hospitals, and UNR.

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    Multifamily Repositioning Opportunity in Reno
    Multifamily Repositioning Opportunity in Reno

    1901 South Virginia Street, Reno, NV 89502

    $42,000,000

    Multifamily repositioning with upgrades. High demand workforce housing.

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    22-Unit Multifamily Portfolio in Nevada
    22-Unit Multifamily Portfolio in Nevada

    N Las Vegas, NV 89030

    $3,950,000

    22-unit multifamily property in North Las Vegas redevelopment area.

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    Laughlin Multifamily Investment Opportunity
    Laughlin Multifamily Investment Opportunity

    3665 Needles Hwy, Laughlin, NV 89029

    Contact for pricing

    529-unit multifamily community in Laughlin, Nevada with value-add potential.

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    Downtown Las Vegas Hotel Opportunity
    Downtown Las Vegas Hotel Opportunity

    129 N 8th St, Las Vegas, NV

    $11,000,000
    59,392 sqft 0.67 AC lot

    Hotel with annex parcels in downtown Las Vegas Opportunity Zone.

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    Nevada Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Nevada, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 362,496 square feet of properties for sale, with an estimated market value of $69,880,999.

    Sale prices for two-family homes in Nevada start at $785,000, averaging $4,110,647, and reaching up to $16,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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