204 Moran St - Multi-Family FOR SALE


Reno, NV 89501- Midtown Reno
$1,225,000 USD
775-525-4659
204 Moran St, Reno, NV for Sale
$1,225,000 USD
Multi-Family - FOR SALE
1/61
null | 3.81% Cap Rate

204 Moran St
Reno, NV 89501
Midtown Reno


OVERVIEW

Rare Midtown Reno Investment Opportunity! Nestled on the iconic corner of Moran & Sinclair, this property presents a truly unique chance to own three single-family homes on one parcel in one of Reno's most sought-after neighborhoods. 204 Moran Street - 3 bedrooms, 1.5 bathrooms. Thoughtfully updated while preserving 1920s charm. The fully finished basement includes two bonus units, offering the possibility of additional rental income with a few updates needed to meet code. 610 Sinclair Street - 2 bedrooms, 2 bathrooms. Stylishly updated and move-in ready. 618 Sinclair Street - A character-rich 1920s home with endless potential to restore or reimagine. 2 bedrooms and 1.5 bathrooms and a spacious unfinished basement! This investment offers incredible upside: maximize ROI by bringing the basement units online, or explore the potential to subdivide into three separate parcels. Surrounded by Midtown's best dining, shopping, and entertainment, the location is second to none. Opportunities like this rarely come available—whether you're looking to invest, develop, or create a unique live-rent mix, this Midtown corner delivers unmatched potential. There are 3 addresses included in this parcel: 204 Moran, 610 Sinclair and 618 Sinclair. 3 units with potential for 2 additional units. 204 Moran & 618 Sinclair are rented month to month. 610 Sinclair Available to show through Showingtime. Showings on 204 Moran/618 Sinclair are subject to accepted offer. Contact listing agent for information on the financials, associated documents and 360 tours and floorplans.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

3

PRICE/UNIT

$408,333

CAP RATE

3.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moran Sinclair

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MU-MC

APN/PARCEL ID

011-235-01

ASK ABOUT THIS PROPERTY

Kayla DaltonDickson Realty, Inc.More Info
775-525-4659

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Kayla DaltonDickson Realty, Inc.More Info
775-525-4659

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