747 Willow Street 1-11, Reno, NV 89502

• 3,822 sqft

Property 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.

Listing Status:

Active

Date Added:

April 29, 2026

Data Last Updated:

May 20, 2026 at 5:41AM

Listing Office:

Dickson Realty - Downtown : 775-324-7000

Listing Agent:

Jacqueline Lescott : 775-360-0060

MLS ID:

260005220

Interior

• Laundry: None
• Basement: Unfinished
• Flooring: CarpetCeramic TileLaminateLuxury VinylVaries
• A/C: ElectricWall/Window Unit(s)
• Heating: Natural GasWall Furnace

Exterior

• General: None
• Other Structures: None
• Parking: On Street

Construction

• Roofing: PitchedAsphaltShingle
• Windows: Metal FramesVinyl FramesBlindsDouble Pane Windows
• General: OtherStuccoUnknownWood Siding2Brick/MortarOther

Location

• Road/Access: Public
• HOA Amenities: None
• County: Washoe

Lot

• Zoning: MU012-141-17
• Fencing: FencedFront YardPartialWoodVinyl

Utilities

• Utilities: Cellular CoverageInternet AvailableWater Meter InstalledCable AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected220 Volts110 Volts
• Water: Public
• Sewer: Public Sewer