1385 W 6th Street, Reno, NV 89503
- Added:
- Oct 27, 2025
- Days on Market:
- 227
- Last Refresh:
- Jun 10 at 3:06 am
Property Features for 1385 W 6th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MF30
- Parking features
- Parking Lot
- Window features
- Aluminum Frames, Blinds
- Standard status
- Active
- APN
- 006-162-09
- Size
- 4,094 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2940
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Vinyl, Carpet, Laminate
- Building materials
- Frame, Wood Siding
- Roof type
- Shingle
Listing agent Isaac Conde License #BS.143361 (775) 830-0535
Listing office Clark Real Estate & Inv. 305 W Moana Ln Ste C, Reno, NV (775) 828-3355
Listing date Oct 27, 2025
Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Updated 6‑unit multifamily in northwest Reno with 1‑bedroom layouts; each unit is approx. 682 SF
- Four units feature updated interiors with new paint and new flooring
- Downstairs units include private back patios; upstairs units have balconies
- Exterior professionally painted in 2022
- Heating: natural gas forced air; roof: shingle; utilities include cable available; water and sewer are public
- Parking lot onsite; built in 1975
Overview
Located at 1385 W 6th Street in Reno, the property sits in the northwest part of the city. The listing notes quick freeway access and walkable convenience to everyday needs such as grocery stores, pharmacies, and schools, along with proximity to public transit.
Zoned MF30, the asset is structured for residential income use and may appeal to investors or long-term operators looking for a smaller multifamily building with a mix of updated interiors and outdoor space. The seller’s remarks indicate strong rental demand in the area, with low vacancy rates, supporting an approach focused on maintaining and operating the property over time.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.7k | $24.60 |
| − Vacancy | −$4.5k | −$1.11 |
| EGI | $96.2k | $23.49 |
| − OpEx | −$43.3k | −$10.57 |
| NOI | $52.9k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.834487
- Latitude
- 39.530193
