734 Tahoe StReno, NV 89509

  • Residential income properties
  • 5,236 SF
For Sale
$2,595,000 View listing

Property Details for 734 Tahoe St

Year built
2024
Lot size
0.14 AC
Property size (Sq ft)
5,236 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional 6-unit apartment building, constructed in 2024, presents a compelling investment opportunity. Located in Reno's desirable Midtown submarket, at 734 Tahoe Street, this Class A property boasts 5,236 square feet of net rentable space on a 0.138-acre lot. The building features a mix of unit sizes: four one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit, and one three-bedroom/three-bathroom unit, all with 100% occupancy. Each unit showcases custom finishes, including large kitchens, new washer/dryers, spacious closets, shaker-style cabinets with crown molding, quartz countertops, and ceiling fans. Select units offer upgraded features such as vaulted ceilings, custom beams, enhanced vanities, larger kitchens with islands, and dining spaces. The Spanish Revival-inspired design incorporates a thoughtfully designed common area and covered access points, enhancing the overall appeal. Its proximity to South Virginia Street provides convenient access to Reno's vibrant Midtown amenities, including restaurants, shops, and entertainment venues. This low-maintenance property is ideal for investors seeking a strong return and a desirable location in a landlord-friendly state. The property's permitted zoning is MU-MC, and its APN is 011-272-10. This is a warranted new construction offering a compelling opportunity for a 1031 exchange. The asking price is $2,595,000.

734 Tahoe St, Reno, Nevada

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5175
Longitude
-119.81

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