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    Washoe County, NV Residential Income Properties for Sale

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    55+ Co-op Apartment with Garage
    Updated: Apr 7
    55+ Co-op Apartment with Garage

    1945 4th Street, Sparks, NV 89431

    $116,000
    940 sqft
    2‑bedroom, 1‑bath apartment with a 1‑car garage and ceiling fan(s
    55+ co‑op community with access to common areas and convenient on‑site parking
    Appliances include refrigerator, dishwasher, disposal, electric cooktop, and electric oven/range
    Wall/window A/C options plus wall furnace heating
    Exterior includes rain gutters; roof is composition shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    1945 4th Street, Sparks, NV 89431

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $10K
      Annual

    • Price @ 7% Cap

      $149K
      Above asking

    • Property Type

      Residential Income
      Built 1960
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    Two-Home Residential Income Property
    Updated: Jun 10
    Two-Home Residential Income Property

    947 I Street, Sparks, NV 89431

    $695,000
    2,477 sqft 0.21 AC lot
    Investment with a 6.8% cap rate: two separate homes on one parcel
    Rear home is occupied by a long‑term month‑to‑month tenant, providing immediate rental income
    Front home is vacant and refreshed with new interior paint, a new stove, and a new dishwasher
    Front home includes a private fenced yard
    Utilities: public water and public sewer
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    Triplex with Private Entrances
    Triplex with Private Entrances

    1301 Faland Way, Reno, NV 89503

    $650,000
    2,040 sqft 0.10 AC lot

    Three units each with a private entrance, including a detached 1-bedroom cottage with side yard.

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    Reno Multifamily Investment Opportunity
    Reno Multifamily Investment Opportunity

    921 Willow Street, Reno, NV 89502

    $1,862,000
    5,549 sqft 0.29 AC lot

    Twelve-unit property near Midtown and Downtown Reno with income potential.

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    Remodeled Fourplex with Courtyard
    Remodeled Fourplex with Courtyard

    50 Berrum, Reno, NV 89509

    $1,090,000
    2,548 sqft

    Fully remodeled fourplex with two ground-floor and two upper units, including new mini-splits and private courtyard.

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    Remodeled Fourplex Income Property
    Remodeled Fourplex Income Property

    50 Berrum Place, Reno, NV 89509

    $1,090,000
    2,548 sqft 0.14 AC lot

    Fully remodeled fourplex with two one-bedroom and two two-bedroom units, including mini-splits and in-unit washers/dryers.

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    Mixed-Use Development Parcel
    Mixed-Use Development Parcel

    1496 S Virginia Street, Reno, NV 89502

    $4,500,000
    4,900 sqft 1.24 AC lot

    Zoned MU MD with two tenant-occupied buildings across three parcels, totaling 1.24 acres.

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    Main-Floor Condo with Private Patio
    Main-Floor Condo with Private Patio

    1940 4th Street, Sparks, NV 89431

    $145,000
    940 sqft

    Updated end-unit in a well-maintained 50+ community with a private patio, garage, and on-site laundry.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1508 Locust St, Reno, NV 89502

    $1,245,000
    4,060 sqft

    Six-unit multifamily property with in-unit washer/dryer hookups and fenced yard areas for most units.

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    Sparks Multifamily Investment Opportunity
    Sparks Multifamily Investment Opportunity

    1018 E Street lot: 1018, 1016, 1018-1/2 E Street, Sparks, NV 89431

    $699,900
    2,144 sqft 0.11 AC lot

    Three-unit property in Sparks, NV, near amenities and freeway.

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    Updated Six-Unit Multifamily Property
    Updated Six-Unit Multifamily Property

    1385 W 6th Street, Reno, NV 89503

    $949,000
    4,094 sqft 0.18 AC lot

    Updated six-unit multifamily with partially renovated interiors and outdoor patios/balconies in Reno’s northwest.

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    5-Unit Multifamily Investment Property
    5-Unit Multifamily Investment Property

    820 W 1st St, Reno, NV 89503

    $995,000
    4,232 sqft

    Two-building, five-unit multifamily with attached and individual garages plus a shared courtyard near downtown Reno.

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    Nine-Unit Multifamily Investment Property
    Nine-Unit Multifamily Investment Property

    747 Willow Street, Reno, NV 89502

    $1,350,000
    3,822 sqft 0.18 AC lot

    Three buildings totaling nine units, including a five-plex and two duplexes, with recent roof and unit updates.

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    55+ Corner Unit with Detached Garage
    55+ Corner Unit with Detached Garage

    1940 4th Street, Sparks, NV 89431

    $129,000
    841 sqft

    Move-in ready corner unit featuring double-pane vinyl windows, updated kitchen and bathroom, plus a detached garage.

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    Multifamily Investment Near Midtown Reno
    Multifamily Investment Near Midtown Reno

    1761 Stewart St, Reno, NV 89502

    $1,075,000
    4,256 sqft

    Multifamily investment property featuring six spacious units near Midtown Reno.

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    First-Floor Senior Condo
    First-Floor Senior Condo

    1940 4th Street, Sparks, NV 89431

    $159,900
    940 sqft 0.02 AC lot

    Remodeled 2-bedroom, 1-bath first-floor condo with a private patio in a pet-free senior community.

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    Inviting Corner Unit in Sparks
    Inviting Corner Unit in Sparks

    1945 4th Street, Sparks, NV 89431

    $118,000
    945 sqft

    Relaxed 55+ community living with modern conveniences.

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    Quadplex with Three 1-Bed Units
    Quadplex with Three 1-Bed Units

    468 CAPITOL HILL AVE, Reno, NV 89502

    $880,000
    2,288 sqft

    Four-unit quadplex featuring three one-bedroom homes and one three-bedroom unit; owner-occupant financing may be available.

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    Multifamily Property with 10 Units
    Multifamily Property with 10 Units

    1030 Berrum Ln, Reno, NV 89509

    $2,600,000
    10,400 sqft

    Multifamily property featuring 10 units.

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    Updated 55+ Co-Op Bottom Unit
    Updated 55+ Co-Op Bottom Unit

    1945 4th Street, Sparks, NV 89431

    $148,000
    940 sqft

    Bottom-level 55+ co-op unit with remodeled kitchen, refreshed dual-access bath, recessed lighting, and newer electrical panel.

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    Five-Unit Income Property
    Five-Unit Income Property

    429 10th Street, Sparks, NV 89431

    $1,150,000
    4,009 sqft 0.16 AC lot

    Five well-maintained units across a 1907 duplex and a 1982 triplex, with in-unit laundry and recent roof and exterior updates.

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    Reno Fourplex Investment Opportunity
    Reno Fourplex Investment Opportunity

    650 Denslowe Drive lot: A, B, C, D, Reno, NV 89512

    $740,000
    2,966 sqft 0.14 AC lot

    Four-unit property near UNR with immediate cash flow.

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    Triplex with Front House and Duplex
    Triplex with Front House and Duplex

    315 Crampton, Reno, NV 89502

    $1,090,000
    3,108 sqft

    Front detached 3-bedroom home plus back duplex with two 2-bedroom units, plus an unfinished basement.

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    Single-Family Mountain Modern Home
    Single-Family Mountain Modern Home

    643 Rosewood Circle, Incline Village, NV 89451

    $3,250,000
    2,980 sqft 0.06 AC lot

    2017-built home with elevator, open living design, and a deck overlooking Rosewood Creek in Incline Village.

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    Washoe County, NV Residential Income Properties Market Trends and Statistics

    Explore 73 residential income properties for sale in Washoe County, NV, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 223,176 square feet of properties for sale, with an estimated market value of $106,095,398.

    Sale prices for residential income properties in Washoe County, NV start at $90,000, averaging $1,711,216, and reaching up to $42,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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