Active

New

755 Moran Street

Reno NV, 89502

$1,498,000


$275.37 per sqft

Active

New

8 Baths

5,440 sqft

Multi-family

Built in 1971

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.

250002024

MLS ID

February 20, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

2


Total Bathrooms

8


Half Bathrooms

8


Appliances

Oven/Range, Refrigerator


Laundry Description

Common


Floor Description

Carpet, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Air Unit, Natural Gas, Wall Heater, Varies by Unit


Heating

Yes


Heating Description

Air Unit, Natural Gas, Wall Heater, Varies by Unit

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Masonry Veneer


Roof

Composition/Shingle, Pitched


Security

None

School Information

High School

Wooster

Other Property Details

Days on Market

20


Garage

No


Parking

Common


Parking Total

8


View

No


County

Washoe


Pool

No


Utilities

City/County Water, City Sewer, Electricity, Natural Gas


Zoning

Mf14

 

Courtesy of Sierra Nevada Properties-Reno, Henry Huang

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

©2025 Northern Nevada Regional MLS. All rights reserved.

Data last updated 11:58 PM UTC, 2/21/2025

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