820 W 1st St, Reno, NV 89503
- $897,500
- 4,232
- SqFt
- Sold Price
- $897,500
- List Price
- $995,000
- Status
- CLOSED
- Days on Market
- 62
- Closing Date
- Jun 18, 2026
- MLS#
- 260004705
- Subtype
- Commercial Sale
- Year Built
- 1926
- Living Area
- 4,232
- Lot Size
- 9,496
- Acres
- 0.22
- Subdivision
- Powning Addition
Property Description
Well-located 5-unit multifamily investment opportunity just minutes from downtown Reno and the Truckee River. The property consists of two separate buildings on one parcel. 820 W 1st Street features a spacious 2-bedroom, 1-bath unit with approximately 1,064 sq. ft. and an attached two-car garage. 822 W 1st Street is a two-story fourplex offering three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each approximately 792 sq. ft. Every unit includes its own garage, providing added tenant appeal and rental stability. The property also features a shared common area courtyard, enhancing tenant enjoyment and community feel. Its desirable location near dining, entertainment, and outdoor recreation, combined with strong rental characteristics, makes this an excellent opportunity for investors seeking long-term growth and cash flow.
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Additional Information
- Taxes
- $2,759
- Zoning
- MD-PD
- Flooring
- Tile, Wood, Linoleum
- Heating
- Radiant
- Air Conditioning
- Window/Wall
- Stories
- 2
- Levels
- One, Two
- Roof
- Composition
- Foundation
- Other
- Parking Features
- Asphalt, Off Street, On Street
- Garage
- Asphalt, Off Street, On Street
Mortgage Calculator
Courtesy of Tom Abbott and Engel & Volkers Reno. Contact:
Selling Office: NextHome Yourpickettfence Group.
© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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