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    Reno, NV Apartment Buildings for Sale

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    Sparks, NV Sun Valley, NV Verdi, NV
    13 results
    Reno Multifamily Investment Opportunity
    $1,862,000
    5,549 SF

    Reno Multifamily Investment Opportunity

    921 Willow Street, Reno, NV 89502

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

    • Proven track record of generating nearly $150,000 in gross rental income.
    • Opportunity to increase income by raising rents to market rates.
    • Updated units in the last 4 years for easy turnovers.
    • Close proximity to Midtown, Downtown Reno, I‑80, I‑580, Renown Hospital, VA Hospital, and the University of Nevada, Reno.
    • Four buildings on site offering a diversified unit mix (studios to two‑bedrooms).
    Updated: Apr 29
    View details
    Reno Multifamily Investment Opportunity
    $1,350,000
    3,822 SF

    Reno Multifamily Investment Opportunity

    747 Willow Street, Reno, NV 89502

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

    • Proven income‑generating investment property with a self‑managed CAP rate over 6%.
    • Gross rental income exceeds $106,000 annually with potential for increased income.
    • Prime location near Midtown, Downtown Reno, I‑80, I‑580, Renown Hospital, VA Hospital, and UNR.
    • Comprised of three buildings: a 5‑plex and two duplexes.
    • Units updated within the last 4 years for easy turnovers.
    Updated: Apr 29
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    Reno Condo Portfolio Opportunity
    $1,125,000
    860 SF

    Reno Condo Portfolio Opportunity

    10-unit condo portfolio with multiple exit strategies in Reno.

    4600 Neil Road, Reno, NV 89502
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    Nine-Unit Investment Property in Reno
    $1,350,000

    Nine-Unit Investment Property in Reno

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

    1-11-747 Willow St, Reno, NV 89502
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    Renovated Multifamily Property in Reno
    $1,600,000
    3,696 SF

    Renovated Multifamily Property in Reno

    Remodeled studios in Reno's Neon Line District.

    250 West Commercial Row, Reno, NV 89501
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    Multifamily Investment Near Midtown Reno
    $1,075,000
    4,256 SF

    Multifamily Investment Near Midtown Reno

    Multifamily investment property featuring six spacious units near Midtown Reno.

    1761 Stewart St, Reno, NV 89502
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    Reno Multifamily Investment Opportunity
    $1,475,000
    5,408 SF

    Reno Multifamily Investment Opportunity

    Eight-unit multifamily property in Reno, near major transportation routes.

    3596 Gypsum Rd, Reno, NV 89503
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    Multifamily Repositioning Opportunity in Reno
    $42,000,000

    Multifamily Repositioning Opportunity in Reno

    Multifamily repositioning with upgrades. High demand workforce housing.

    1901 South Virginia Street, Reno, NV 89502
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    Renovated Multifamily Investment Property
    $1,285,000

    Renovated Multifamily Investment Property

    Fully occupied, renovated multifamily property with stable cash flow.

    760 Moran St, Reno, NV 89502
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    Multifamily Property with 10 Units
    $2,600,000
    10,400 SF

    Multifamily Property with 10 Units

    Multifamily property featuring 10 units.

    1030 Berrum Ln, Reno, NV 89509
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    Turnkey Multifamily Investment Opportunity
    $1,450,000
    6,816 SF

    Turnkey Multifamily Investment Opportunity

    Fully occupied 8-unit property with strong income and recent upgrades.

    2151 Patton Drive, Reno, NV 89512
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    Multifamily Repositioning Project in Reno
    Contact for pricing

    Multifamily Repositioning Project in Reno

    Multifamily property with compliant upgrades, designed for workforce housing.

    1400 Stardust St, Reno, NV, Reno, NV 89503
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    Rehabilitated Studio Apartments in Reno
    Contact for pricing
    33,288 SF

    Rehabilitated Studio Apartments in Reno

    241 studio apartments in Reno, completed in early October 2023.

    1400 Stardust St, Reno, NV 89503
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sparks NV Investment Property
    $1,580,540
    5,974 SF

    Sparks NV Investment Property

    Well-maintained 6-unit investment property with strong rental performance.

    414 F Street, Sparks, NV 89431
    View details
    South Lake Tahoe Multifamily Property
    $1,150,000
    3,176 SF

    South Lake Tahoe Multifamily Property

    Seven-unit multifamily property in South Lake Tahoe near Stateline.

    1036 Moss Rd, South Lake Tahoe, CA 96150
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    South Lake Tahoe Multifamily Property
    $950,000
    3,125 SF

    South Lake Tahoe Multifamily Property

    Five-unit multifamily property in a prime South Lake Tahoe location.

    3880 Pioneer Trl, South Lake Tahoe, CA 96150
    View details
    Evergreen Plaza Redevelopment Opportunity
    $12,500,000
    81,247 SF

    Evergreen Plaza Redevelopment Opportunity

    An 81,247 square-foot shopping center with redevelopment potential.

    2300 Oddie Boulevard, Sparks, NV 89431
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
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    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Reno, NV

    Consider similar Off-Market properties in Reno, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    200 2nd St, Unit 503
    APARTMENT HOUSE (UNDER 5 UNITS)
    770 SF Lot: 0.02 Acres
    Value Estimation by Request
    Unit 503

    200 2nd St, Reno, NV 89501-1266

    View details
    280 Is Ave, Unit 1602
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,651 SF Lot: 0.04 Acres
    Estimated value
    $640,000
    Unit 1602

    280 Is Ave, Reno, NV 89501-1806

    View details
    100 Arlington Ave, Unit 22H
    APARTMENT HOUSE (UNDER 5 UNITS)
    655 SF Lot: 0.02 Acres
    Value Estimation by Request
    Unit 22H

    100 Arlington Ave, Reno, NV 89501-1227

    View details
    100 Arlington Ave, Unit 22G
    APARTMENT HOUSE (UNDER 5 UNITS)
    674 SF Lot: 0.02 Acres
    Value Estimation by Request
    Unit 22G

    100 Arlington Ave, Reno, NV 89501-1227

    View details
    200 2nd St, Unit 711
    APARTMENT HOUSE (UNDER 5 UNITS)
    426 SF Lot: 0.01 Acres
    Value Estimation by Request
    Unit 711

    200 2nd St, Reno, NV 89501-1264

    View details
    200 2nd St, Unit 413
    APARTMENT HOUSE (UNDER 5 UNITS)
    486 SF Lot: 0.01 Acres
    Value Estimation by Request
    Unit 413

    200 2nd St, Reno, NV 89501-1268

    View details
    100 Arlington Ave, Unit 10A
    APARTMENT HOUSE (UNDER 5 UNITS)
    477 SF Lot: 0.01 Acres
    Value Estimation by Request
    Unit 10A

    100 Arlington Ave, Reno, NV 89501-1218

    View details
    280 Is Ave, Unit 603
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,321 SF Lot: 0.03 Acres
    Value Estimation by Request
    Unit 603

    280 Is Ave, Reno, NV 89501-1802

    View details
    200 2nd St, Unit 1102
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,561 SF Lot: 0.04 Acres
    Value Estimation by Request
    Unit 1102

    200 2nd St, Reno, NV 89501-1258

    View details
    100 Arlington Ave, Unit 5B
    APARTMENT HOUSE (UNDER 5 UNITS)
    475 SF Lot: 0.01 Acres
    Value Estimation by Request
    Unit 5B

    100 Arlington Ave, Reno, NV 89501-1214

    View details
    200 2nd St, Unit 707
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,459 SF Lot: 0.03 Acres
    Value Estimation by Request
    Unit 707

    200 2nd St, Reno, NV 89501-1264

    View details

    Reno, NV Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Reno, NV, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 110,589 square feet of properties for sale, with an estimated market value of $55,486,000.

    Sale prices for two-family homes in Reno, NV start at $949,000, averaging $5,548,600, and reaching up to $42,000,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

    Demographics Overview

    Population 323K
    Population Growth (5Y) +7.0%
    Median Household Income $87,673
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

    Identify Reno submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    89503 $1.2M
    89512 $1.5M
    89501 $1.6M
    89509 $2.6M
    89502 $7.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $48.20 per sq ft
    Average Loan-to-Value 65.0%

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