1761 Stewart St - Apartments FOR SALE


Reno, NV 89502- Wells Avenue Neighborhood
$1,075,000 USD
775-232-8551
1761 Stewart St, Reno, NV for Sale
$1,075,000 USD
Apartments - FOR SALE
1/5
null | 5% Cap Rate


HIGHLIGHTS

  • New Electrical Panes in Late 2025
  • Room for increased rents

OVERVIEW

Johnson Group Commercial is pleased to offer for sale a multifamily investment near Midtown Reno. This property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors. Built in 1962 and offering a total of 4,256 square feet, the property generates a solid net operating income of approx $53,759. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

6

PRICE/UNIT

$179,167

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 units near MidTown for Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CC

APN/PARCEL ID

013-052-13

ASK ABOUT THIS PROPERTY

Ryan JohnsonJohnson Group CommercialMore Info
775-232-8551

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

Ryan JohnsonJohnson Group CommercialMore Info
775-232-8551

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