New Listing
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.
Details
| MLS # | 260012194 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 1 |
| Listing Provided By | Marmot Properties, LLC | Christopher Moton |
Features
| SQ Feet | 4,048 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | MU |
| Acreage | 0.12 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Wall/Window Unit(s), Varies By Unit |
| Cooling Yes / No | Yes |
| Window Features | Blinds, Metal Frames |
| Appliances | Electric Oven, Electric Range, Microwave |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Exterior Features | None |
| Security Features | Smoke Detector(s) |
| Lot Features | Corner Lot, Landscaped, Level |
| Construction Materials | Block, Concrete, Wood Siding |
| Foundation Details | Slab, Crawl Space |
| Fencing | Partial |
Parking
| Parking Features | None |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, Cellular Coverage |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 2369 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Aitken Addition |
| School District | Wooster |
| Elementary School | Booth |
| High School | Wooster |
| Listing VS Median (in Aitken Addition) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 4,048 low | high Med: 4,048 $ / sqft: $333 low | high Med: $333 On site: 1 low | high Med: 1 | |
Market Activity 89502
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Aitken Addition |
| School District | Wooster |
| Elementary School | Booth |
| High School | Wooster |
| Listing VS Median (in Aitken Addition) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 4,048 low | high Med: 4,048 $ / sqft: $333 low | high Med: $333 On site: 1 low | high Med: 1 | |
 | $1,350,000190 Locust StreetReno, NV 89502 |
 | $1,350,000747 Willow Street 1-11Reno, NV 89502 |