629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offers charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units near the highest rates in Reno. 3 of the 5 units have been renovated in recent years., With an adjustment in rental rates the property could have an address income (net monthly income) of $1,429/mo with an Annual Return (cap) of 6.69%. This assumes the market 7% for full property management. Please request a complete financial analysis of this investment. If the property was renovated the investor could possibly receive a 13% upside from the current cash flow.
For sale
Price cut: $80K (7/30)
$995,000
629 Sinclair St, Reno, NV 89501
3beds
5baths
2,700sqft
Est.:
Multi Family
Built in 1918
-- sqft lot
$966,900 Zestimate®
$369/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 214 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 09:23am
Listed by:
Trevor Richardson B.1002905 775-233-0754,
Address Income
Source: INCMLS,MLS#: 1018369
Originating MLS: Incline Village Board of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Heating
- Natural Gas, Baseboard, Electric, Gas, Other
Cooling
- Central Air, Wall/Window Unit(s), 1 Unit
Features
- Flooring: Hardwood, Partially Carpeted, Tile, Vinyl
Interior area
- Total interior livable area: 2,700 sqft
Property
Features
- Stories: 2
- Exterior features: Fence, Landscaping
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 7,013.16 Square Feet
- Features: Level
- Topography: Level
Details
- Parcel number: 01123307
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition,Pitched,Shingle,Wood
Condition
- Updated/Remodeled
- Year built: 1918
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Reno
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $280,482
- Annual tax amount: $1,706
- Date on market: 7/31/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
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