Advertise
    Location, address, ZIP or keywords
    Back to Search
    Reno Multifamily Investment Opportunity

    747 Willow Street Reno, NV 89502

    Claim this Listing
    For Sale
    $1,350,000

    COMMERCIAL - Reno, NV

    Property size:
    3,822 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $353.22/SF
    Added:
    Apr 29, 2026
    Days on Market:
    77
    Last Refresh:
    Jul 14 at 11:06 am

    Property Features for 747 Willow Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MU
    Parking features
    On Street
    Security features
    Security Lighting
    Window features
    Blinds, Vinyl Frames, Double Pane Windows
    Fencing
    Fenced
    Basement
    Unfinished
    Standard status
    Active
    APN
    012-141-17
    Size
    3,822 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2563

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Wall Furnace
    Cooling system
    Electric, Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1931
    Floors in Building
    2
    Number of units
    9
    Flooring type
    Tile - Ceramic, Vinyl, Laminate, Carpet, Varies
    Building materials
    Stucco, Wood Siding
    Roof type
    Shingle, Asphalt

    Listing agent Jacqueline Lescott License #S.187479

    Listing office Dickson Realty - Downtown 295 Holcomb Ave. Ste. 200, El Cajon, NV

    Listing date Apr 29, 2026

    MLS# 260005220

    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.

    Investment Insights

    Based on property information with market context.

    This nine-unit investment property features a proven history of stable income generation. The site includes three buildings: a five-plex and two duplexes. Within the last two years, new roofs have been installed on the five-plex and one duplex. The property's location provides convenient access to Midtown and Downtown Reno, as well as the I-80 and I-580 freeways. Renown Hospital and the VA Hospital are nearby, and the University of Nevada, Reno is just 2.5 miles away, contributing to historically low vacancy rates. All units have been updated within the last four years to facilitate easy turnovers. The property generates over $106,000 in gross rental income. Current rents are below market value, presenting an opportunity for a new owner to increase rents upon lease expiration and significantly boost income. The self-managed CAP rate exceeds six percent. The property is tenant-occupied.

    Key Highlights

    • Nine‑unit investment property with 3 buildings: one 5‑plex and two duplexes
    • New roofs installed on the 5‑plex and one duplex within the last 2 years
    • All units updated within the last 4 years for easier turnover

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Locksmith HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Pet Store Clothing & Fashion Store Pet Store & Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar For Sale Nearby

    • $800,000
      100 SF

      Four-Bay Coin-Operated Car Wash

      Well-maintained four-bay car wash with coin-operated wash bays and vacuum stations, offered with included land.
      2125 Sutro Street, Reno, NV 89512
      View Details
    • $1,090,000
      2,548 SF

      Remodeled Fourplex Income Property

      Fully remodeled fourplex with two one-bedroom and two two-bedroom units, including mini-splits and in-unit washers/dryers.
      50 Berrum Place, Reno, NV 89509
      View Details
    • $650,000
      2,040 SF

      Triplex with Private Entrances

      Three units each with a private entrance, including a detached 1-bedroom cottage with side yard.
      1301 Faland Way, Reno, NV 89503
      View Details
    • $1,862,000
      5,549 SF

      Reno Multifamily Investment Opportunity

      Twelve-unit property near Midtown and Downtown Reno with income potential.
      921 Willow Street, Reno, NV 89502
      View Details
    • $4,500,000
      4,900 SF

      Mixed-Use Development Parcel

      Zoned MU MD with two tenant-occupied buildings across three parcels, totaling 1.24 acres.
      1496 S Virginia Street, Reno, NV 89502
      View Details
    • $599,000
      1,442 SF

      Two-Unit Duplex with Courtyard

      Well-updated 2-unit duplex with separate entries, courtyard, fenced side-yard, and secured features near VA facilities.
      824 Locust Street, Reno, NV 89502
      View Details
    • $1,050,000
      2,485 SF

      Charming Multifamily Property in Reno

      Investment property in Old Southwest Reno with income potential.
      665 La Rue Avenue, Reno, NV 89509
      View Details
    • $949,000
      4,094 SF

      Updated Six-Unit Multifamily Property

      Updated six-unit multifamily with partially renovated interiors and outdoor patios/balconies in Reno’s northwest.
      1385 W 6th Street, Reno, NV 89503
      View Details
    • $740,000
      2,966 SF

      Reno Fourplex Investment Opportunity

      Four-unit property near UNR with immediate cash flow.
      650 Denslowe Drive lot: A, B, C, D, Reno, NV 89512
      View Details
    • $1,500,000
      3,504 SF

      High-Visibility Reno Retail Facility

      Profitable Reno retail facility with high visibility and foot traffic.
      2490 Wrondel Way, Reno, NV 89502
      View Details
    • $4,600,000
      19,440 SF

      Three-Tenant Automotive Retail Building

      Fully occupied three-tenant automotive building on 1.325 acres with in-place NOI and projected cap rates.
      9728 South Virginia Street, Reno, NV 89511
      View Details
    • $1,150,000
      2,785 SF

      Two-Story Mixed-Use Building

      A two-story mixed-use property with reception space and multiple rentable office and retail-configured areas.
      235 W Pueblo Street, Reno, NV 89509
      View Details

    FAQs

    What type of property is this?
    Apartment building - Nine-unit property near Midtown and Downtown Reno with income potential.
    Where is this apartment building located?
    The property is located at 747 Willow 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: Nine‑unit investment property with 3 buildings: one 5‑plex and two duplexes; New roofs installed on the 5‑plex and one duplex within the last 2 years; All units updated within the last 4 years for easier turnover
    Contact an agent
    (775) 360-0060
    We can help!
    Contact an agent
    Jacqueline Lescott
    Real Estate License ID: S.187479
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    747 Willow Street, Reno, NV 89502
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!