Search
Garden-Style Multifamily Apartment Building
For Sale
Contact for pricing

61 S Park Street, Reno, NV 89502

Multifamily building with 13 total units, including 12 studios and one 1-bedroom, with onsite parking and convenient freeway access.

Property Size4,576 SF
Lot Size0.16 Acres
Days on Market125

Property Features for 61 S Park Street

General Information

Standard status Active
Size 4,576 SF
Lot size 0.16 Acres
Property subtype Multifamily, Hospitality

Additional Details

Highway Access Yes
Multifamily Units 13
Listing Agency: Realty Executives Las Vegas
Listed By: Chris Quiazon · License #NV S.0178298
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:31AM

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.

Park Villa Apartments is a multifamily apartment building with 13 total units in a 4,576 square foot structure on a 7,000 square foot lot. The property includes 12 studio units with kitchens and one larger 1-bedroom unit with a bath. Onsite parking is available for residents.

The property is located at 61 S Park Street in the Wells District of Reno and is within close proximity to Downtown Reno. Freeway access to I-80 and I-580 is noted, supporting tenant commutes.

Surrounding amenities include schools, dining, shopping centers, hospitals, parks, and casinos. The area has also seen renovations and new construction in the last 24 months.

Key Highlights

  • 13‑unit multifamily building (4,576 SF) on a 7,000 SF lot
  • Unit mix includes 12 studio units plus 1 large 1‑bedroom unit with bath
  • Onsite parking available for residents

Property Analytics

Current Use

Park Villa Apts Apartment Building

Suggested Use

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

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,330
Businesses Nearby

Demographics for 89502, NV

47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building with 13 total units, including 12 studios and one 1-bedroom, with onsite parking and convenient freeway access.
Where is this apartment building located?
The property is located at 61 S Park Street Reno, NV.
What are key features of this property?
This property features: 13‑unit multifamily building (4,576 SF) on a 7,000 SF lot; Unit mix includes 12 studio units plus 1 large 1‑bedroom unit with bath; Onsite parking available for residents
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message