For sale Multi-Family Home

Listed May 1, 2026

$482,500 Est. $3,191/mo

616 North 11th Street

  • 2,088

    Sq ft

The story

  • Well-maintained 4-plex structure
  • Built-in cash flow potential for immediate income
  • Stable occupancy history in a desirable rental market

High rental income with clear potential for additional increases. Ideal investment property with strong existing cash flow and room to optimize rents. This well-maintained 4-plex provides multiple income-producing units, making it ideal for both new and seasoned investors looking to expand their portfolio. With strong rental demand in the area and stable occupancy, this property delivers consistent returns and low-maintenance ownership. A smart addition for anyone seeking reliable passive income and long-term equity growth.

Facts & features

Home type

Multi-Family Home

Year built

1956

Floors

1

Price per sq ft

$231

Included features

  • Cooling

    Central Air

  • Heating

    Central, Gas

  • Roof

    Composition, Shingle

  • Construction

    Composition, Shingle

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,191 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,568
  • Property tax $483
  • Insurance $141

Includes principal, interest, taxes & insurance.

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Listing Broker

Epique Realty

Broker Name

Epique Realty

Agent

Nora E. Aguirre

Location

Reno NV 89502