Triplex with Front House and
315 Crampton Reno, NV 89502
For Sale
$1,090,000
Front detached 3-bedroom home plus back duplex with two 2-bedroom units, plus an unfinished basement.
Property Size3,108 SF
Price / SF$350.71
Days on Market19
Property Features for 315 Crampton
General Information
- Standard status
- Active
- Size
- 3,108 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1936
Listing Agency:
Engel & Volkers Reno
Listed By:
Brandon Becker
(775) 688-4000
Source:
Ferrari-lund
Added: Jul 7
Changed: Jul 24
Last Checked: Jul 25 at 6:42PM
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 Engel & Volkers Reno
Investment Insights
Based on property information with market context.
This Reno triplex includes a front detached house and a back duplex on a single parcel. The front house is a vacant, renovated 3-bedroom, 1.5-bath home. Recent updates include a remodeled kitchen with new countertops, cabinets, and appliances, updated bathrooms, new flooring throughout, all-new double-pane windows, and refreshed landscaping.
The rear duplex features two 2-bedroom, 1.5-bath units, each currently rented. An unfinished basement is included and may offer options to add livable space or potentially a fourth unit, with buyer and buyer’s agent to verify feasibility with the City.
The property’s unit mix and current configuration create flexibility for an owner-user or investor seeking income from the rented duplex units while occupying the renovated front home.
The rear duplex features two 2-bedroom, 1.5-bath units, each currently rented. An unfinished basement is included and may offer options to add livable space or potentially a fourth unit, with buyer and buyer’s agent to verify feasibility with the City.
The property’s unit mix and current configuration create flexibility for an owner-user or investor seeking income from the rented duplex units while occupying the renovated front home.
Key Highlights
- 1936‑built triplex on one parcel: front detached 3‑bedroom, 1.5‑bath home plus a back duplex with two 2‑bedroom, 1.5‑bath units
- Front house is vacant and renovated with new kitchen countertops, cabinets, and appliances; updated bathrooms; new flooring; all‑new double‑pane windows
- Back duplex units are separately rented at $1,650/month each for current in‑place rental income
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 | $69.0k | $22.20 |
| − Vacancy | −$2.9k | −$0.95 |
| EGI | $66.1k | $21.25 |
| − OpEx | −$19.8k | −$6.38 |
| NOI | $46.2k | $14.88 |
3,108 SF · lease $22.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$660.5K
$578.0K – $770.6K
NOI $46,236 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$573.7K
$502.0K – $669.3K
NOI $40,159 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$957.8K
$838.1K – $1.12M
NOI $67,049 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Front detached 3-bedroom home plus back duplex with two 2-bedroom units, plus an unfinished basement.
Where is this triplex located?
The property is located at 315 Crampton Reno, NV.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 1936‑built triplex on one parcel: front detached 3‑bedroom, 1.5‑bath home plus a back duplex with two 2‑bedroom, 1.5‑bath units; Front house is vacant and renovated with new kitchen countertops, cabinets, and appliances; updated bathrooms; new flooring; all‑new double‑pane windows; Back duplex units are separately rented at $1,650/month each for current in‑place rental income
