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