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$975,000
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Property Description
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.
Full Property Details
Full Property Details for 629 Sinclair St
General
- Sold For: $975,000
- Taxes: $1,706
- Status: Closed
- Type: Multi-Family
- Source: IVNV
- MLS ID: 1018369
- Added to Site: 168 day(s) ago
Interior
- Flooring: Hardwood, Partially Carpeted, Tile, Vinyl
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Fence, Landscaping
Location
- County: Washoe
Community
- Community Name: Other Washoe Areas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s), 1 Unit
- Heating Type: Natural Gas, Baseboard, Electric, Gas, Other
Structural Information
- Roof: Composition, Pitched, Shingle, Wood
- Stories/Levels: 2
- Square Feet: 2,700
- Sq. Ft. Source: Assessor
- Living Area: 2,700 Sq. Ft.
- Year Built: 1918
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Mountain(s), Trees/Woods
- Lot Size (Acres): 0.161
- Lot Size: .161
- Topography: Level
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- Tax Amount: $1,706
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: Multifamily
- Property ID: 011-233-07
Listed by Address Income (775) 971-4408, Trevor Richardson (775) 233-0754
Sold by RE/MAX Gold (775) 233-0754, Tiffany Grimes
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Schools
Schools serving 629 Sinclair St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Libby C Booth Elementary School 1450 Stewart Street, Reno, NV 89502 | K-5 | 0.7 mi |
E Otis Vaughn Middle School 1200 Bresson Avenue, Reno, NV 89502 | 6-8 | 0.9 mi |
Earl Wooster High School 1331 East Plumb Lane, Reno, NV 89502 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 629 Sinclair St
Date
Details
Price
Change
Source
11/10/2025
Sold
$975,000
-2.01%
MLS
7/31/2025
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
629 Sinclair Street, Reno, NV 89501 (MLS# 1018369) is a Multi-Family property that was sold at $975,000 on November 10, 2025. Want to learn more about 629 Sinclair Street? Do you have questions about finding other Multi-Family real estate for sale in Reno Heights? You can browse all Reno Heights real estate or contact a Coldwell Banker agent to request more information.

