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    Reno, NV Triplexes for Sale

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    Sparks, NV Sun Valley, NV Verdi, NV
    Renovated Triplex Near UNR
    $1,150,000
    3,293 SF
    Renovated Triplex Near UNR

    1311 Terrace Drive, Reno, NV 89503

    Fully leased, renovated triplex near the University of Nevada, Reno.
    • Prime Location: One block from the University of Nevada, Reno, ensuring strong rental demand.
    • Fully Leased with Signed Leases: Turnkey investment with leases already signed for the 2026‑27 term, providing immediate income.
    • Fully Renovated: Modern living with renovations completed in 2019, including LVP flooring, stainless steel appliances, and updated kitchens and bathrooms.
    • Multiple Units: Triplex configuration with 7 bedrooms and 5 bathrooms, maximizing rental potential.
    • Essential Amenities: Each unit includes washer and dryer, and efficient mini‑split HVAC systems.
    Updated: Mar 18
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    Investment Triplex Near University
    $1,050,000
    3,340 SF
    Investment Triplex Near University

    462 Laurel Street, Reno, NV 89512

    Triplex near University of Nevada, Reno with income potential.
    • Investment Triplex Next to University: Prime location offers high rental demand.
    • Value‑Add Opportunity: Increase cash flow by adjusting rents.
    • Modern 3‑Bedroom Unit (Built 2015): Features contemporary finishes and spacious living areas.
    • Consistent Rental History: Units 2 & 3 have a proven track record.
    • Updated Units: All units were updated in 2015.
    Updated: Jan 10, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sparks Multifamily Investment Opportunity
    $699,900
    2,144 SF
    Sparks Multifamily Investment Opportunity

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

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

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    Sparks Multifamily Investment Property
    $740,000
    2,466 SF
    Sparks Multifamily Investment Property

    Rented triplex near shopping and freeways in Sparks, Nevada.

    1100 El Rancho Drive, Sparks, NV 89431

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    Turn-Key Seven-Unit Multifamily
    $977,500
    2,400 SF
    Turn-Key Seven-Unit Multifamily

    A remodeled, income-producing seven-unit portfolio on three parcels offers flexible ownership and tenant appeal for steady rental demand.

    1029 Reno Avenue, South Lake Tahoe, CA 96150

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    MULTI_FAMILY - South Lake Tahoe, CA
    $1,319,950
    2,980 SF
    MULTI_FAMILY - South Lake Tahoe, CA

    Triplexes · 2,980 SF

    896 Lakeview Avenue, South Lake Tahoe, CA 96150

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    Reno, NV Triplexes Investment Opportunities Market Analysis

    Explore 2 triplexes for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 6,633 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for three-family homes in Reno, NV start at $1,050,000, averaging $1,100,000, and reaching up to $1,150,000 — 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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    Top Commercial Asset Segments

    Apartment buildings 14
    Duplexes 6
    Quadplexes 5
    Triplexes 2
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

    Demographics Overview

    Population 323K
    Population Growth (5Y) +7.0%
    Median Household Income $87,673
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

    Identify Reno submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    89512 $1.1M
    89503 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $48.20 per sq ft
    Average Loan-to-Value 65.0%

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