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32758647
32758648

370 La Rue Avenue, Reno, NV 89509

LK
NV S.176875
$1,500,000
25 days on market
Updated 25 days ago

370 La Rue Avenue

Details
APN 011-322-01
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,788
Units 6
Occupancy 100%
Tenancy Multi
Price per SqFt $313
Year Built 1972
Buildings 2
Stories 2
Acreage 0.160
Zoning MU-RES
Investment Type Stabilized

Multifamily | 0.00% CAP | 6 Units

Marketing description

Rare Midtown Reno investment opportunity featuring two distinct buildings on one parcel: 370 La Rue Ave, a 1972-built fourplex comprised of four 1-bedroom, 1-bath units approximately 650 square feet each, and 1010 Humboldt St, a charming 1942 brick duplex with two spacious 2-bedroom units full of classic Old Southwest character. Together, the property offers a diverse unit mix in one of Reno's most sought-after urban neighborhoods. The fourplex units offer comfortable, efficient layouts in a highly walkable location near Midtown dining, shopping, coffee shops, and entertainment. The duplex units showcase the timeless charm Midtown Reno is known for, featuring hardwood floors, abundant storage, and vintage character blended with thoughtful updates. A shared basement area provides common laundry and additional utility space for tenants. Situated on a single parcel in the heart of Reno's thriving Midtown district, this six-unit property presents a compelling opportunity for investors seeking strong rental appeal, architectural character, and long-term upside in a high-demand location. With a mix of classic brick construction and well-maintained multifamily housing, this property captures the charm, convenience, and lifestyle that continue to drive demand in Midtown Reno. All units are currently occupied, offering immediate income potential. Please do not disturb tenants. Showings subject to accepted offer.

Investment highlights

  • Rare Midtown Reno investment opportunity featuring two distinct buildings on one parcel
  • Diverse unit mix: four 1-bedroom, 1-bath units (approximately 650 sq ft each) and two spacious 2-bedroom units
  • 1972-built fourplex and charming 1942 brick duplex with classic Old Southwest character
  • Highly walkable location near Midtown dining, shopping, coffee shops, and entertainment
  • Hardwood floors, abundant storage, and vintage character blended with thoughtful updates
  • Shared basement area provides common laundry and additional utility space for tenants
  • Located in the heart of Reno's thriving Midtown district
  • Strong rental appeal, architectural character, and long-term upside in a high-demand location
  • Mix of classic brick construction and well-maintained multifamily housing
  • All units are currently occupied, offering immediate income potential

Listing Contacts

LK
NV S.176875

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Additional Information

Name
Laura Kirsch
License
S.176875
Brokerage Phone
7753919076
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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