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    347 Cottonwood Ct Incline Village, NV 89451

    For Sale
    $3,372,500

    MULTI_FAMILY - Incline Village, NV

    Property size:
    4,872 SF
    Lot size:
    0.32 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 347 Cottonwood Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    124-921-22
    Patio and Porch features
    Deck
    Interior features
    BeamedCeilings, CathedralCeilings, HighCeilings, VaultedCeilings
    Exterior features
    Deck
    Size
    4,872 SF
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Vinyl
    Roof type
    Composition

    Coldwell Banker Incline Village Realty (775) 831-1515 [email protected]

    Listing agent John Eppolito (775) 832-8246 License #BS.43244

    Listing date Nov 22, 2025

    MLS# 1017989 Listing URL

    Copyright © 2025 Incline Village Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Incline Village Multi-Family Gem

    This turnkey multi-family property is located in Incline Village. The property features six units, including one spacious 2-bed/2.5-bath unit with luxury finishes, peek lake views, and a large deck, three stylish 1-bed/1.5-bath units with sleek design, peek lake views, and private decks, and two fully equipped studios. All units feature high-end finishes and in-unit laundry, and come mostly furnished with household items. The property offers flexibility for short, mid, or long-term rentals. A 4-car garage provides added income potential or storage. The property comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. The property is situated on a 0.321-acre lot. The building size is 4872 square feet. Five of the units are currently rented long-term. The property has one short-term rental permit and no HOA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Incline Village
    County
    Washoe
    State
    Nevada
    Longitude
    -119.962546
    Latitude
    39.252111

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    FAQs

    What type of property is this?
    Apartment building - Fully remodeled 6-unit property in prime Incline Village location.
    Where is this apartment building located?
    The property is located at 347 Cottonwood Ct Incline Village, NV.
    What is the asking price?
    The asking price for this property is $3,372,500.
    What are key features of this property?
    This property features: - Turnkey, fully remodeled 6-unit multi-family property with 5 units currently rented long-term.; - Prime low-elevation Incline Village location with no HOA and potential for a 5.5% cap rate.; - Spacious 2-bed/2.5-bath unit with luxury finishes, peek lake views, and large deck.
    (775) 832-8246
    Request Owner's contact information
    347 Cottonwood Ct Incline Village, NV 89451
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    Incline Village, NV 89451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    347 Cottonwood Ct Incline Village, NV 89451
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