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Sherese Nguyen

sheresenguyen.realtor@gmail.com +1(702) 205-0795

$ 1,350,000

Est. payment -/mo

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900 Willow ST Reno, NV 89502

4,048 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,048 sqft

Price per Sqft $333

Subdivision Aitken Addition

MLS Listing ID 260012194

Year Built 1964

Annual Tax Amount $2,369

Lot Size 5,341 Sqft

Acres 0.12

Lot Dimensions 0.12

Property Sub-Type Income

Property Description

900 Willow is a freshly painted 8-unit apartment building available on its own or paired with its nearly identical sister property at 190 Locust Street, giving investors the flexibility to acquire 8 doors or a full 16-door portfolio in Reno's rental-hungry 89502 submarket. Both buildings are separately parceled and can be purchased individually or together. Built in 1964, the two-story building holds eight matching one-bed/one-bath units at roughly 506 SF each, totaling 4,048 SF with Mixed-Use (MU) zoning. The durable block construction has kept long-term capex, insurance, and maintenance costs low for decades, and individual wall heaters in every unit keep the utility structure clean and tenant-paid. Interior updates are already underway across the units — enough to reduce day-one turn work while leaving clear runway to keep pushing rents through continued unit-by-unit improvements. The exterior was just repainted, so the building shows and leases quickly. Renown Regional Medical Center — northern Nevada's largest hospital and a constant source of nurses, residents, techs, and traveling medical staff hunting small, affordable, walkable units — sits around the corner. Midtown's restaurant and nightlife scene, the South Wells commercial strip, downtown Reno, the Truckee Riverwalk, and the University of Nevada are all within a short walk or quick drive. With a uniform all-one-bedroom mix that mirrors Reno's growing base of single medical workers, young professionals, and students, 900 Willow is a clean fit for value-add multifamily investors, 1031 exchange buyers, and out-of-state operators looking for a foothold in Reno's medical-district rental market.

Location

State NV

County Washoe

Community Aitken Addition

Area Aitken Addition

Zoning MU

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s), Varies By Unit

Flooring Vinyl

Fireplace No

Laundry None

Exterior

Exterior Feature None

Parking Features None

Pool None

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, Cellular Coverage

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Corner Lot, Landscaped, Level

Story 2

Foundation Slab, Crawl Space

Water Public

Structure Type Block,Concrete,Wood Siding

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 012-144-01

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Marmot Properties, LLC

Sherese Nguyen

Agent License ID: S.0200318

+1(702) 205-0795

Sherese Nguyen

900 Willow ST Reno, NV 89502

Key Details

Location

Interior

Exterior

Building

Schools

Others

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900 Willow ST