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Reno, NV 89502,755 Moran Street
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Reno, NV 89502,755 Moran Street
Reno, NV 89502,755 Moran Street
Reno, NV 89502,755 Moran Street
Reno, NV 89502,755 Moran Street
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Amanda Rainey

Amanda Rainey

+1(253) 985-3566
$ 1,498,000
Est. payment /mo
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Active

755 Moran Street Reno, NV 89502

8 Beds

8 Baths

5,440 SqFt

UPDATED:

02/21/2025 10:25 PM

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

Listed by Sierra Nevada Properties-Reno
agent
Amanda Rainey

Broker

+1(253) 985-3566 | [email protected]

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755 Moran Street