80 Vine St - Apartments FOR SALE


Reno, NV 89503- Riverwalk
$1,150,000 USD
775-313-1544
80 Vine St, Reno, NV for Sale
$1,150,000 USD
Apartments - FOR SALE
1/22
null | 5.29% Cap Rate

80 Vine St
Reno, NV 89503
Riverwalk


OVERVIEW

Welcome to 80 Vine Street, a beautifully renovated property tucked into one of Reno's most walkable and established neighborhoods. Just blocks from downtown Reno's restaurants, shops, and entertainment, and within walking distance of the Truckee River and the University of Nevada, this property offers the rare combination of small-town charm and city convenience. Built in 1987 and thoughtfully updated throughout, the property features five separate living spaces, one two-bedroom and four one-bedroom units, each finished with modern vinyl-plank flooring, refreshed cabinetry, and updated fixtures. Whether you're looking for a place to call home while the additional units help cover your monthly costs, or simply want a well-maintained property in a fantastic Reno location, 80 Vine Street delivers. Four of the five units are currently leased, providing income from day one, while the fifth is move-in ready for an owner or new resident. On-site coin laundry adds everyday convenience. Set in a state with no personal income tax, and just minutes from downtown Reno, the Sierra foothills, and Lake Tahoe, this property offers an easy, low-maintenance lifestyle in one of the region's most desirable pockets.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

5

PRICE/UNIT

$230,000

CAP RATE

5.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,748 SF

ZONING

MD-PD

APN/PARCEL ID

011-091-13

ASK ABOUT THIS PROPERTY

Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

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

Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

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