512 Humboldt St - Multi-Family FOR SALE


Reno, NV 89509- Midtown Reno
$2,000,000 USD
916-847-6174
512 Humboldt St, Reno, NV for Sale
$2,000,000 USD
Multi-Family - FOR SALE
1/15
null | 3.3% Cap Rate

512 Humboldt St
Reno, NV 89509
Midtown Reno


HIGHLIGHTS

  • Located in Reno's Highly Desirable "Old Southwest" Neighborhood. Next to shopping, restaurants, parks and the River District.
  • All tenants are on month-to-month leases. Strong value add opportunity.
  • Zoned Commerical/Multi-family

OVERVIEW

Strong value-add opportunity. Located in Reno's highly desirable Old Southwest Neighborhood, this vintage brick building represents a rare opportunity, as properties of this caliber and flexibility seldom come to market. Zoned for commercial and multi-family use and currently operating as a residential 5-plex, the property offers exceptional versatility for investors, owner-users, or future redevelopment.Rich in character, the building proudly retains many of its original vintage fixtures and period details, showcasing the timeless craftsmanship that defines the Old Southwest. The property has been impeccably maintained and thoughtfully cared for, preserving its historic charm while ensuring long-term functionality and integrity.Additional highlights include four single-car garages, a highly sought-after feature in this neighborhood, adding both convenience and value. Set along tree-lined streets and surrounded by classic architecture, the property enjoys close proximity to downtown Reno, the Truckee River, parks, dining, and cultural amenities.A truly special offering in one of Reno's most established and coveted neighborhoods, this property blends historic appeal, flexible zoning, and long-term investment potential—an opportunity that rarely presents itself.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

3.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

512 Humboldt Street

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MU-RES, com/multi-family

APN/PARCEL ID

011-221-16

ASK ABOUT THIS PROPERTY

Margaux SindoniSierra Sotheby's Int - RockMore Info
916-847-6174

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Margaux SindoniSierra Sotheby's Int - RockMore Info
916-847-6174

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