Duplex With Attached
312 Sinclair Street, Reno, NV 89501
For Sale
$1,350,000
Residential interiors feature high ceilings and a kitchen appliance package that includes a dishwasher, range, and refrigerator.
Property Size2,770 SF
Days on Market10
Property Features for 312 Sinclair Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Electric
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
High Ceilings
Back Yard
Attached, Garage, Garage Door Opener
Building Details
Building Size
Year Built
Stories
Listing Agency:
Select Real Estate
Listed By:
Julia Brittner · License NV S.168940
(775) 453-5007
Source:
Evrealestate
Added: Nov 4
Changed: Nov 12
Last Checked: Nov 12 at 2:40PM
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 Select Real Estate
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Investment Insights
Based on property information with market context.
Built in 2026, this duplex has high ceilings and electric service. Interior appliances include a dishwasher, disposal, dryer, electric oven, electric range, refrigerator, and washer. An attached garage and backyard are among the exterior features.
The property is at 312 Sinclair Street in Reno, Nevada, and is zoned MD-RD.
The property is at 312 Sinclair Street in Reno, Nevada, and is zoned MD-RD.
Key Highlights
- Built in 2026
- Zoned MD‑RD
- Attached garage and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,208
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,160
$824.2K
Cap Rate 7%
$588,686
$588.7K
Cap Rate 9%
$457,867
$457.9K
Market Conditions
NOI Build-Up for 2,770 SF
Gross rent
$61.5K $22.20/SF
− Vacancy
−$2.6K −$0.95/SF
EGI
$58.9K $21.25/SF
− OpEx
−$17.7K −$6.38/SF
NOI
$41.2K $14.88/SF
Area
Reno, NV
Vacancy
4.27%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,160
Cap Rate 7%
$588,686
Cap Rate 9%
$457,867
Alternative Uses
Best Use
Multifamily LT 5
$588.7K
$515.1K – $686.8K
NOI $41,208 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$511.3K
$447.4K – $596.5K
NOI $35,792 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$853.7K
$747.0K – $996.0K
NOI $59,758 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,655
Businesses Nearby
Explore this area
Business Placement
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
$379,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Reno, NV
Properties on Market for Duplexes in Reno
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Residential interiors feature high ceilings and a kitchen appliance package that includes a dishwasher, range, and refrigerator.
Where is this duplex located?
The property is located at 312 Sinclair Street Reno, NV.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Built in 2026; Zoned MD‑RD; Attached garage and backyard
