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900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo
900 Willow Street, Reno, NV 89502 Photo

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900 Willow Street
Reno, NV 89502
$1,350,000
| 4048 sqft | 0.12 Acreage

900 Willow is a freshly painted 8-unit apartment building available on its own or paired with its nearly identical sister property at 190 Locust Street, giving investors the flexibility to acquire 8 doors or a full 16-door portfolio in Reno's rental-hungry 89502 submarket. Both buildings are separately parceled and can be purchased individually or together. Built in 1964, the two-story building holds eight matching one-bed/one-bath units at roughly 506 SF each, totaling 4,048 SF with Mixed-Use (MU) zoning. The durable block construction has kept long-term capex, insurance, and maintenance costs low for decades, and individual wall heaters in every unit keep the utility structure clean and tenant-paid. Interior updates are already underway across the units - enough to reduce day-one turn work while leaving clear runway to keep pushing rents through continued unit-by-unit improvements. The exterior was just repainted, so the building shows and leases quickly. Renown Regional Medical Center - northern Nevada's largest hospital and a constant source of nurses, residents, techs, and traveling medical staff hunting small, affordable, walkable units - sits around the corner. Midtown's restaurant and nightlife scene, the South Wells commercial strip, downtown Reno, the Truckee Riverwalk, and the University of Nevada are all within a short walk or quick drive. With a uniform all-one-bedroom mix that mirrors Reno's growing base of single medical workers, young professionals, and students, 900 Willow is a clean fit for value-add multifamily investors, 1031 exchange buyers, and out-of-state operators looking for a foothold in Reno's medical-district rental market.

Listed By / Presented By

Listed By

Agency Name: Marmot Properties, LLC
Agent Name: Christopher Moton
Agency Phone: 775-301-5289
Agent Phone: 775-870-7142

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Presented By

Agent Name: Anja Buchholz
Agent Phone: 530.318.4179
Agency Title: Chase International Real Estate

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Property Details

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s), Varies by Unit
Heating: Wall Furnace
Lot Size: 0.12 Acres
Roof Type: Flat
Taxes: $2,369
Year Built: 1964
MLS ID: 260012194

Units

3 Bedroom Units:

Feature Descriptions

Appliances: Electric Oven, Electric Range, Microwave
Construction Type: Site/Stick-Built
Cooling Y/N: Yes
Exterior: Block, Concrete, Wood Siding
Fencing: Partial
Flooring: Carpet, Vinyl, Linoleum
Foundation: Crawl Space, Slab
Heating Y/N: Yes
Laundry Features: None
Lot Features: Corner Lot, Landscaped, Level
OtherStructures: None
Owner Pays: Sewer, Trash Collection, Water
Parcel #: 012-144-01
Parking: None
Pool Features: None
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: None
Tenant Pays: Gas, Internet, Sewer
Units Furnished: None
Utilities: Cellular Coverage, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Water: Public
Window Features: Metal Frames, Blinds

Schools

High School: Wooster
Middle School: Vaughn
Elementary School: Booth

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Estimate My Payments

  • Estimated Payment
    $3,595.68
  • Principal & Interest
    $3,004.51
  • Property Tax
    $197.42
  • Homeowner's Insurance
    $393.75
(Payments are an estimate and may vary by lender)

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