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20-Unit Apartment Building
For Sale
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195 W 2nd Street, Reno, NV 89501

On-site parking accompanies a multifamily property near downtown Reno with access to I80 and I580.

Property Size8,041 SF
Lot Size0.17 Acres
Days on Market145

Property Features for 195 W 2nd Street

General Information

Standard status Active
Size 8,041 SF
Lot size 0.17 Acres
Property subtype Multifamily, Hospitality

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Realty Executives Las Vegas
Listed By: Chris Quiazon · License #NV S.0178298
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:04AM

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 Realty Executives Las Vegas

Investment Insights

Based on property information with market context.

This apartment property at 195 W 2nd Street in Reno includes 20 units, 8,041 Sq Ft of living area, and a 7,536 Sq Ft lot. Parking is available on the premises, providing an on-site amenity for residents.

The property is near Downtown Reno and offers access to I80 and I580 for regional commuting. Nearby context includes the University of Nevada Reno, casinos, dining, entertainment, parks, and hospitals. The property is identified as part of a portfolio sale that also includes Nevada Park Villa.

Key Highlights

  • 20 units with 8,041 Sq Ft of living area
  • Situated on a 7,536 Sq Ft lot
  • Parking accessible on premises

Property Analytics

Current Use

Discount Auto Insurance Insurance Agency Olympic Motel Hotel & Motel

Suggested Use

Top Pick Locksmith Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service HVAC Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,494
Businesses Nearby

Demographics for 89501, NV

3,948
Population
2,975
Households
1.3
Avg Household Size
50
Median Age
40%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
6,580
Density / Sq Mi
$32,990
Median Household Income
$28,774
Median Earnings
$1,089
Median Rent
$379,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - On-site parking accompanies a multifamily property near downtown Reno with access to I80 and I580.
Where is this apartment building located?
The property is located at 195 W 2nd Street Reno, NV.
What are key features of this property?
This property features: 20 units with 8,041 Sq Ft of living area; Situated on a 7,536 Sq Ft lot; Parking accessible on premises
More about this property
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