About This Home

This 0-bedroom, 0-bathroom commercial at 747 Willow Street #1-11 in Reno, NV is listed for $1,350,000 ($353 per sqft). Built in 1931, the home offers 3,822 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1931
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
#1-11
1931

Amenities

A/C
Listing Description

Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low.

All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

747 Willow Street #1-11

Reno, NV 89502

Shaff`S

Property Details

Flooring

CarpetVariesTile - CeramicLaminateVinyl

Construction

Stucco Wood Siding

Parking

On Street

Heating

Wall FurnaceNatural Gas

Cooling

ElectricWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 747 Willow Street is listed at $1,350,000 ($353/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.18 acre lot, 2 stories.

This property is listed by Jacqueline Lescott.

JL

Jacqueline Lescott

License S.187479

Agent at Connect Realty.com, Inc.

Listed by Connect Realty.com, Inc. · Broker phone: (619) 590-0950 · View on Broker Site · Broker website

MLS# 260005220· Source: Northern Nevada Regional MLS, Inc.· 184 days on PropertySimple

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.

747 Willow Street #1-11, Reno, NV 89502

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