$1,050,000
$1,700,000
38.2%For more information regarding the value of a property, please contact us for a free consultation.
3036 Plumas Reno, NV 89509
7,388 SqFt
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,388 sqft
Price per Sqft $142
MLS Listing ID 250056301
Year Built 1957
Annual Tax Amount $7,843
Lot Size 0.899 Acres
Property Sub-Type Multi Family
Property Description
Discover a rare and lucrative investment opportunity in the heart of Reno! This centrally located multi-unit property features six detached houses plus a duplex — a total of eight income-generating units on one expansive lot. With long-term, reliable tenants already in place, this property offers instant cash flow and minimal vacancy risk. Situated in a high-demand rental area, it's close to shopping, dining, Midtown, and major transit routes, making it highly attractive to renters year-round. Whether you're expanding your portfolio or diving into multi-unit investing, this property is a true gem with stable income and strong upside potential. ** Highlights: 6 single-family homes + 1 duplex, Long-term tenants, Excellent central Reno location, Great rental history, Significant upside with potential value-add improvements.
Location
State NV
County Washoe
Zoning MF30
Interior
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile
Laundry In Unit
Exterior
Parking Features Gravel, Lighted, Off Street, On Site
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed
View Y/N No
Roof Type Composition,Flat,Pitched
Building
Lot Description Landscaped, Level
Story 1
Foundation Wood, Other, Crawl Space
Water Public
Structure Type Brick
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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