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Kerry Herdt

kerry@shnevada.com +1(925) 321-8042

$ 1,498,000

Est. payment -/mo

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Active

755 Moran ST Street Reno, NV 89502

5,440 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,440 sqft

Price per Sqft $275

MLS Listing ID 250002024

Year Built 1971

Annual Tax Amount $3,744

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 0.16

Property Sub-Type Multi Family

Property Description

Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal., Strategically located in a vibrant, walkable neighborhood, you are merely minutes from popular dining, shopping, and entertainment venues, while offering quick access to transit and major thoroughfares. With strong rental demand in Midtown, this property is perfectly poised for investors looking to reposition an established asset into a premier income-producing portfolio. Whether you're looking to implement cosmetic upgrades or more extensive renovations, the potential to boost cash flow and property value is significant. Don't miss your chance to transform this gem into a standout investment in one of Reno's most dynamic neighborhoods.

Location

State NV

County Washoe

Zoning Mf14

Direction Wells/Moran

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Laundry Common Area

Exterior

Parking Features Alley Access

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

Roof Type Composition,Pitched,Shingle

Garage No

Building

Story 2

Foundation Crawl Space

Water Public

Structure Type Brick,Masonry Veneer

Others

Tax ID 01302515

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Listed by Sierra Nevada Properties-Reno

+1(925) 321-8042

kerry@shnevada.com

5325 Reno Corporate Dr, Suite 100, Reno, NV, 89509, United States