190 Locust Street, Reno, NV 89502
Local realty services provided by:Better Homes and Gardens Real Estate Universal
190 Locust Street,Reno, NV 89502
$1,240,000
- - Beds
- - Baths
- 4,048 sq. ft.
- Multi-family
- Active
Listed by: christopher moton
Office: marmot properties, llc.
MLS#:260012193
Source:NV_NNRMLS
Price summary
- Price:$1,240,000
- Price per sq. ft.:$306.32
About this home
190 Locust is an 8-unit multifamily property in Reno's supply-constrained 89502 submarket — offered on its own or alongside its nearly identical sister building at 900 Willow Street for buyers who want to double up to 16 doors in a single transaction. The two properties are separately parceled, so investors can take one or both. Constructed in 1964 with concrete block and masonry bearing walls, this two-story building carries eight uniform 506 SF one-bedroom, one-bath units across 4,048 SF of building on a 5,461 SF lot zoned Mixed-Use (MU). 190 Locust also includes a 276 SF basement area — currently used for storage but plumbed with real potential for conversion into a common-area laundry room, opening up a new income stream and a straightforward lift to NOI. The address puts tenants minutes from Renown Regional Medical Center — northern Nevada's largest hospital and one of the region's most reliable rental-demand drivers — with Midtown Reno, the South Wells Avenue corridor, downtown, the Truckee Riverwalk, and the University of Nevada all within easy reach. The all-one-bedroom floor plan set matches Reno's expanding pool of single medical professionals, young workers, and students, making 190 Locust an easy fit for value-add operators, 1031 exchange buyers seeking stabilized-with-upside product, and out-of-state investors targeting the medical district....
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Home facts
- Year built:1964
- Listing ID #:260012193
- Added:51 day(s) ago
- Updated:November 12, 2026 at 07:03 PM
Rooms and interior
- Flooring:Carpet, Vinyl
- Kitchen Description:Electric Oven, Electric Range, Microwave, Refrigerator
- Living area:4,048 sq. ft.
Heating and cooling
- Cooling:Varies By Unit, Wall/Window Unit(s)
- Heating:Heating, Wall Furnace
Structure and exterior
- Year built:1964
- Building area:4,048 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Corner Lot, Landscaped, Level
- Construction Materials:Wood Siding
- Levels:Two
Schools
- High school:Wooster
- Middle school:Vaughn
- Elementary school:Booth
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,240,000
- Price per sq. ft.:$306.32
- Tax amount:$2,470
Features and amenities
- Appliances:Electric Oven, Electric Range, Microwave, Refrigerator
Parking
- Parking description:Common
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