755 Moran Street Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89502
Key Details
Property Type Multi-Family
Sub Type Apartment Building (up to 8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $275
Subdivision Nv
MLS Listing ID 250002024
Bedrooms 8
Year Built 1971
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Apartment Building (up to 8 Units)
Property Description
Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal. Strategically located in a vibrant, walkable neighborhood, you are merely minutes from popular dining, shopping, and entertainment venues, while offering quick access to transit and major thoroughfares. With strong rental demand in Midtown, this property is perfectly poised for investors looking to reposition an established asset into a premier income-producing portfolio. Whether you're looking to implement cosmetic upgrades or more extensive renovations, the potential to boost cash flow and property value is significant. Don't miss your chance to transform this gem into a standout investment in one of Reno's most dynamic neighborhoods.
Location
State NV
County Washoe
Zoning Mf14
Interior
Heating Air Unit,Natural Gas,Wall Heater,Varies by Unit
Cooling Air Unit,Natural Gas,Wall Heater,Varies by Unit
Flooring Carpet,Wood
Appliance Refrigerator,Oven/Range
Laundry Common
Exterior
Exterior Feature Masonry Veneer
Fence None
Utilities Available City/County Water,City Sewer,Electricity,Natural Gas
Roof Type Composition/Shingle,Pitched
Total Parking Spaces 8
Building
Story 2 Story
Foundation Concrete/Crawl Space
Water Electric,Natural Gas
Level or Stories 2 Story
Structure Type Masonry
Schools
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 01302515
SqFt Source 5440
Special Listing Condition None