Listed by Tom Abbott of Engel & Volkers Reno
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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Based on information submitted to Northern Nevada Regional MLS as of May 29, 2026 7:10 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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