1385 W 6th St - Apartments FOR SALE


Reno, NV 89503- West University
$995,000 USD
775-553-8805
1385 W 6th St, Reno, NV for Sale
$995,000 USD
Apartments - FOR SALE
1/17
null | 5% Cap Rate

1385 W 6th St
Reno, NV 89503
West University


HIGHLIGHTS

  • Northwest Reno Property
  • Easy Freeway Access and Stores, Schools Etc.

OVERVIEW

Updated 6-Unit Multifamily in Prime Northwest Reno - Investor's Dream Discover a rare opportunity to own a well-maintained *six-unit multifamily property* in one of Reno's most desirable neighborhoods. With four units already updated and strong rental appeal, this asset is ideal for investors seeking location, stability, and upside. ### Property Features - Newly paved parking lot, **Six spacious units** - Each approx. *682 sq ft*, offering comfortable 1-bedroom layouts. - **Updated interiors** - *Four units* have been updated with paint and new flooring - **Outdoor living** - *Downstairs units* include private back patios; *upstairs units* enjoy balconies with views. - **Fresh exterior** - Building was professionally painted in *2022*, enhancing curb appeal and reducing future maintenance. ### Location Highlights - Situated in *Northwest Reno*, a high-demand area known for its quiet streets and proximity to everything. - **Quick freeway access** - Ideal for commuters and professionals. - **Walkable convenience** - Just minutes from *grocery stores, pharmacies, schools,* and everyday essentials. ### Investment Appeal - Strong rental demand in the area with low vacancy rates. - Ideal for long-term hold or value-add strategy. - Zoned for top-rated schools and close to public transit.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

6

PRICE/UNIT

$165,833

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W 6th st

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,953 SF

ZONING

MF30

APN/PARCEL ID

006-162-09

ASK ABOUT THIS PROPERTY

Isaac CondeConde HousesMore Info
775-553-8805

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Isaac CondeConde HousesMore Info
775-553-8805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.