Date
Details
Price
Change
Source
4/17/2026
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.
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$995,000
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Property Description
Well-located 5-unit multifamily investment opportunity just minutes from downtown Reno and the Truckee River. The property consists of two separate buildings on one parcel. 820 W 1st Street features a spacious 2-bedroom, 1-bath unit with approximately 1,064 sq. ft. and an attached two-car garage. 822 W 1st Street is a two-story fourplex offering three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each approximately 792 sq. ft. Every unit includes its own garage, providing added tenant appeal and rental stability. The property also features a shared common area courtyard, enhancing tenant enjoyment and community feel. Its desirable location near dining, entertainment, and outdoor recreation, combined with strong rental characteristics, makes this an excellent opportunity for investors seeking long-term growth and cash flow.
Full Property Details
Full Property Details for 820 W 1st St
General
- Price: $995,000
- Taxes: $2,759
- Status: Active
- Type: Commercial Multi-Family
- Source: 2502
- MLS ID: 260004705
- Updated: 4/17/2026
- Added to Site: 8 day(s) ago
Business
- Business Type: Other
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: Common Area, In Unit, Varies By Unit
Parking
- Parking Features: Asphalt, Off Street, On Street
Location
- County: Washoe
- Subdivision: Powning Addition
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connect
Structural Information
- # Buildings: 2
- Exterior Const.: Asphalt, Brick, Unknown
- Roof: Composition
- Common Walls: 1 Common Wall
- Windows: Wood Frames
- Stories/Levels: 2
- Building Size: 4232
- Sq. Ft. Source: Assessor
- Year Built: 1926
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,496
- Frontage: Public
- Lot Features: Corner Lot, Level
- Zoning: MD-PD
- Fencing (Description): Partial
Financial Considerations
- Price Per Sq. Ft.: $235.11
- Tax Amount: $2,759.13
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- APN: 011-091-14
Listed by Engel & Volkers Reno, Tom Abbott (775) 287-8029
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Listing agent
— 820 W 1st St —
Tom Abbott
Engel & Volkers Reno
NMLS#: 1598647
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Schools
Schools serving 820 W 1st St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Hunter Lake Elementary School 909 Hunter Lake Drive, Reno, NV 89509 | K-5 | 1.1 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.6 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 820 W 1st St
Tax History
Tax History for 820 W 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,042
-26%
$132,176
3%
2025
$2,759
3%
$128,361
1%
2024
$2,679
3%
$127,719
4%
2023
$2,600
3%
$122,728
18%
2022
$2,530
3%
$103,990
18%
2021
$2,455
—
$87,866
3%
2021
$2,455
12%
$85,538
5%
2019
$2,200
5%
$81,423
18%
2018
$2,099
4%
$69,104
3%
2017
$2,015
2%
$66,826
1%
2016
$1,969
—
$66,173
7%
2015
$1,963
3%
$61,833
19%
2014
$1,904
—
$52,161
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 820 W 1st St
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- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 2Total Baths
- 1,696Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 2,030Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,828Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,696Sq. Ft.
- Mobile Home
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,680Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,917Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 3Total Baths
- 2,771Sq. Ft.
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820 W 1st Street, Reno, NV 89503 (MLS# 260004705) is a Commercial Multi-Family property. 820 W 1st Street is currently listed for $995,000 and was received on April 17, 2026. Want to learn more about 820 W 1st Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.