20-Unit Townhome-Style Apartment
For Sale
Contact for pricing
1355 Cordone Ave, Reno, NV 89502
Nineteen units were renovated within five years, with finished basement areas, selected private patios, and in-unit laundry hookups.
Property SizeContact for details
Days on Market144
Property Features for 1355 Cordone Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
CBRE Reno
(775) 750-6429
Listed By:
Ben Galles · License #S.47543
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Reno
Investment Insights
Based on property information with market context.
This 20-unit apartment property is configured in a townhome style, with eight two-bedroom residences and twelve three-bedroom residences. Each unit measures approximately 1,620 square feet and includes finished lower-level basement space. Fourteen residences have private fenced patios, while all units offer washer and dryer hookups, air conditioning, and electric baseboard heat.
Nineteen of the 20 units have been renovated within the past five years. The tenant base includes many long-term occupants, and the property has experienced little unit turnover. Twelve units currently receive additional utility reimbursements. The parking lot has also been resurfaced and restriped, adding a recent site improvement to the renovated unit inventory.
The property is located at 1355 Cordone Ave in Reno, Nevada.
Nineteen of the 20 units have been renovated within the past five years. The tenant base includes many long-term occupants, and the property has experienced little unit turnover. Twelve units currently receive additional utility reimbursements. The parking lot has also been resurfaced and restriped, adding a recent site improvement to the renovated unit inventory.
The property is located at 1355 Cordone Ave in Reno, Nevada.
Key Highlights
- 20 units: eight two‑bedroom and twelve three‑bedroom townhome‑style residences
- Each unit is approximately1,620 +- sq ft with finished lower‑level basement space
- 19 of 20 units renovated in the past 5 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
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Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Nineteen units were renovated within five years, with finished basement areas, selected private patios, and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 1355 Cordone Ave Reno, NV.
What are key features of this property?
This property features: 20 units: eight two‑bedroom and twelve three‑bedroom townhome‑style residences; Each unit is approximately1,620 +- sq ft with finished lower‑level basement space; 19 of 20 units renovated in the past 5 years
