About 921 Willow Street 911-921
Well priced twelve-unit investment property with a proven track record of generating stable income. There are 4 buildings on site: a 4-plex a 2-plex, and two 3-plexes. Units range from studios to two-bedrooms, and two units have private yards. There is a fully fenced yard area in the center of the property. New roof installed on one 3-plex within the last two years. Close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.6 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 nearly one hundred and fifty 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 just over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
Features of 921 Willow Street 911-921
| MLS® # | 260005217 |
|---|---|
| Price | $1,862,000 |
| Acres | 0.29 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 921 Willow Street 911-921 |
|---|---|
| Area | 89502 |
| City | Reno |
| County | Washoe |
| State | NV |
| Zip Code | 89502 |
Amenities
| Utilities | Cellular Coverage, Internet Available, Water Meter Installed, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 12 |
| Parking | Asphalt, Off Street, On Street, Paved |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Natural Gas, Wall Furnace |
|---|---|
| Cooling | Electric, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Level |
|---|---|
| Windows | Metal Frames, Single Pane Windows, Vinyl Frames, Blinds, Double Pane Windows, Wood Frames |
| Roof | Pitched, Asphalt, Flat, Shingle, Other |
| Construction | Attic/Crawl Hatchway(s) Insulated, Batts Insulation, Brick, Other, Unknown, Wood Siding |
| Foundation | Brick/Mortar, Other, Slab |
Additional Information
| Date Listed | April 29th, 2026 |
|---|---|
| Zoning | MU |
| Short Sale | No |
| RE / Bank Owned | No |
| Horse Property | N |
Listing Details
| Office | Dickson Realty - Downtown |
|---|