1534 County Rd - Multi-Family FOR SALE


Minden, NV 89423
$1,175,000 USD
775-250-4943
1534 County Rd, Minden, NV for Sale
$1,175,000 USD
Multi-Family - FOR SALE
1/33
null | 2.79% Cap Rate

1534 County Rd
Minden, NV 89423


HIGHLIGHTS

  • Two builidings - two parcels
  • Longtime tenants
  • Walking distance to downtown Minden

OVERVIEW

Exceptional investment opportunity in the heart of downtown Minden featuring two parcels being sold together: a 4-plex and duplex for a total of six income-producing units. Each unit offers a desirable 2-bedroom, 1-bath floor plan with approximately 753 sq ft, providing strong rental appeal and consistent demand. Tenants enjoy individual small storage units for added convenience. Several units have been updated, while others offer value-add potential for cosmetic improvements and increased returns. Current ownership has maintained steady occupancy, with upside in rents that presents an excellent opportunity for investors to enhance cash flow over time. Located near shopping, dining, parks, and everyday amenities, this is a rare chance to acquire a multi-family portfolio in one of Northern Nevada's most sought-after small-town markets.1532 & 1534 County Road being sold together.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

6

PRICE/UNIT

$195,833

CAP RATE

2.79%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1532-1534 County Road

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

300,320

APN/PARCEL ID

1320-32-118-008/1320-32-118-007

ASK ABOUT THIS PROPERTY

Robert CoonsRE/MAX GoldMore Info
775-250-4943

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Robert CoonsRE/MAX GoldMore Info
775-250-4943

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