Brick Duplex with Attached
1495 W 6th Street Reno, NV 89503
For Sale
$625,000
Two single-story units each offer two bedrooms, two bathrooms, and an attached garage on a fully fenced lot.
Days on Market15
Property Features for 1495 W 6th Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Building Details
Year Built
1962
Listing Agency:
Chase International-Damonte
(775) 690-0040
Listed By:
Megan Lowe · License #S.169822
(775) 690-0040
Source:
Fernleynvhomes
Added: Jul 15
Changed: Jul 29
Last Checked: Jul 29 at 12:34PM
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 Chase International-Damonte
Investment Insights
Based on property information with market context.
Brick duplex built in 1962, configured as two single-story units. Each unit features two bedrooms, two bathrooms, and its own attached garage. The property sits on a beautifully landscaped, fully fenced lot with a private feel and an oversized driveway.
The front unit has been updated with quartz countertops, plantation shutters, and double pane windows. Interior paint and carpet were updated in 2016, and both bathrooms include built-in storage. The back unit retains its classic charm and offers an opportunity to update and personalize.
Wood burning stoves in both units will be removed by the seller prior to close of escrow.
The front unit has been updated with quartz countertops, plantation shutters, and double pane windows. Interior paint and carpet were updated in 2016, and both bathrooms include built-in storage. The back unit retains its classic charm and offers an opportunity to update and personalize.
Wood burning stoves in both units will be removed by the seller prior to close of escrow.
Key Highlights
- Built in 1962 brick duplex with two single‑story units
- Each unit has two bedrooms, two bathrooms, and an attached garage
- Front unit updates include quartz countertops, plantation shutters, and double pane windows
Financial Insights For Multifamily LT 5
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 | $47.9k | $22.20 |
| − Vacancy | −$2.0k | −$0.95 |
| EGI | $45.8k | $21.25 |
| − OpEx | −$13.7k | −$6.38 |
| NOI | $32.1k | $14.88 |
2,156 SF · lease $22.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.2K
$400.9K – $534.6K
NOI $32,074 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$398.0K
$348.2K – $464.3K
NOI $27,858 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$664.5K
$581.4K – $775.2K
NOI $46,512 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two single-story units each offer two bedrooms, two bathrooms, and an attached garage on a fully fenced lot.
Where is this duplex located?
The property is located at 1495 W 6th Street Reno, NV.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Built in 1962 brick duplex with two single‑story units; Each unit has two bedrooms, two bathrooms, and an attached garage; Front unit updates include quartz countertops, plantation shutters, and double pane windows
