Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors seeking hassle-free ownership and long-term stability. Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today’s market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don’t miss this fantastic opportunity to add a quality asset to your portfolio.
For sale
$1,750,000
1101 E Taylor St, Reno, NV 89502
--beds
--baths
4,760sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$1,672,800 Zestimate®
$368/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 274 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 12:17pm
Listed by:
Trevor Richardson B.1002905 775-233-0754,
Address Income
Source: INCMLS,MLS#: 1018363
Originating MLS: Incline Village Board of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Natural Gas, Gas, Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s), 1 Unit
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 4,760 sqft
Property
Features
- Stories: 2
- Exterior features: Security Lighting
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 8,712 Square Feet
- Features: Corner Lot, Level
- Topography: Level
Details
- Parcel number: 01314117
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry
- Roof: Flat
Condition
- Updated/Remodeled
- Year built: 1962
Community & HOA
Community
- Security: Smoke Detector(s), Security Lights
Location
- Region: Reno
Financial & listing details
- Price per square foot: $368/sqft
- Annual tax amount: $2,679
- Date on market: 7/29/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
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