New Construction
New
For Sale
$1,350,000
312 Sinclair Street, Reno, NV 89501
Residential Income, Reno, NV
Property Size2,770 SF
Lot Size0.12 Acres
Price / SF$487.36
Days on Market2
Property Features for 312 Sinclair Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
MD-RD
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2
Parking features
Garage, Open
Window features
Aluminum Frames, Double Pane Windows
Patio and Porch features
Patio
Interior features
High Ceilings
Appliances
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Lot features
Gentle Sloping, Landscaped, Sprinklers In Front
Elementary school
Mt. Rose
Middle school
Vaughn
High school
Wooster
Directions
Liberty to Sinclair
Standard status
Active
APN
011-176-12
Size
2,770 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
3022
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Electric, Zoned, Ductless
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
HardiPlank Type
Roof type
Membrane
Buildings
1
Listing Agency:
Coldwell Banker Select Reno · Coldwell Banker Real Estate
(775) 688-4800
Listed By:
Julia Brittner · License #S.168940
(775) 453-5007
Added: Nov 4
Last Checked: Nov 5 at 1:06PM
MLS# 260013838
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.
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Investment Insights
Based on property information with market context.
Under construction in Reno, this duplex is planned with 2,770 square feet across two mirror-image residences. Each unit has three bedrooms, two bathrooms, an open-concept living area, private laundry, outdoor space, and an attached single-car garage. High ceilings, laminate flooring, a dishwasher, washer, and dryer are among the listed features. The property is on a 0.12-acre parcel and is zoned MD-RD.
The address is 312 Sinclair Street, in the River Walk district. The property is described as blocks from the river and near Midtown. Public water and sewer are available. Construction is listed for completion in 2026, with projected occupancy on December 15, 2026; leases are in place.
The address is 312 Sinclair Street, in the River Walk district. The property is described as blocks from the river and near Midtown. Public water and sewer are available. Construction is listed for completion in 2026, with projected occupancy on December 15, 2026; leases are in place.
Key Highlights
- Two mirror‑image residences, each with 3 bedrooms and 2 bathrooms
- 2,770 square feet on a 0.12‑acre parcel
- Private laundry, outdoor space, and an attached single‑car garage in each unit
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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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,655
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two bathrooms, private laundry, patio space, and an attached single-car garage.
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: Two mirror‑image residences, each with 3 bedrooms and 2 bathrooms; 2,770 square feet on a 0.12‑acre parcel; Private laundry, outdoor space, and an attached single‑car garage in each unit
