921 Willow Street Reno, NV 89502
New
- Added:
- Apr 29, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 29 at 6:06 pm
Property Features for 921 Willow Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MU
- Parking
- 12
- Parking features
- On Street, Off Street
- Security features
- Security Lighting
- Window features
- Single Pane Window(s), Blinds, Vinyl Frames, Wood Frames, Double Pane Windows
- Fencing
- Fenced
- Basement
- Unfinished
- Standard status
- Active
- APN
- 012-143-51
- Size
- 5,549 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4103
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace, Forced Air, Electric (Heating), Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Electric
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Number of units
- 12
- Flooring type
- Carpet, Varies, Tile - Ceramic, Wood, Tile, Vinyl, Laminate
- Building materials
- Attic/Crawl Hatchway(s) Insulated, Batts Insulation, Brick, Wood Siding
- Roof type
- Flat, Asphalt, Shingle
Listing agent Jacqueline Lescott License #S.187479 (775) 360-0060
Listing office Dickson Realty - Downtown 295 Holcomb Ave. Ste. 200, El Cajon, NV (775) 324-7000
Listing date Apr 29, 2026
MLS# 260005217
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.
Overview
Reno Multifamily Investment Opportunity
This twelve-unit investment property has a history of producing consistent income. The property consists of four buildings: a four-plex, a two-plex, and two three-plexes. The units include studios and two-bedroom apartments, with two units featuring private yards. A fully fenced yard area is located in the center of the property. One of the three-plexes had a new roof installed within the past two years. The property's location offers convenient access to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital, and the VA Hospital. The University of Nevada, Reno, is 2.6 miles away. All units have been updated in the last four years. The property generates nearly $150,000 in gross rental income. Current rents are below market rates, offering the potential to increase income upon lease expiration. The self-managed property has a CAP rate of just over six percent. The lot size is 0.29 acres, and the property size is 5549 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.800112
- Latitude
- 39.524941
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Twelve-unit property near Midtown and Downtown Reno with income potential.
Where is this apartment building located?
The property is located at 921 Willow Street Reno, NV.
What is the asking price?
The asking price for this property is $1,862,000.
What are key features of this property?
This property features: Proven track record of generating nearly $150,000 in gross rental income.; Opportunity to increase income by raising rents to market rates.; Updated units in the last 4 years for easy turnovers.
