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Midtown Village Six 1200 Plumas St 6 Unit Apartment Building $1,300,000 ($216,667/Unit) Reno, NV 89509
INVESTMENT HIGHLIGHTS
- Highly Desirable MidTown Submarket
- On-Site Laundry
- Excellent Exchange Replacement Property
EXECUTIVE SUMMARY
Midtown Village Six consists of 6 units, 5 one bedroom, one bathroom units and 1 studio with on site laundry. The interiors feature hard surface flooring, larger living rooms, and ample windows. The exterior features a larger lot with common area space. The property is directly across from the very popular Plumas Park and Gym. A location in the heart of Reno’s popular MidTown District makes this a very desirable rental. The building is located 2 blocks from South Virginia St, Forest Street, and Mt. Rose Street providing a great live – work -play lifestyle. This popular location provides easy access to all Northern Nevada’s most popular events, restaurants, coffee shops, and bars.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,300,000 | Building Class | C |
| Price Per Unit | $216,667 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,930 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1946 |
| Apartment Style | Low-Rise | ||
| Zoning | MU-RES | ||
| Price | $1,300,000 |
| Price Per Unit | $216,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,930 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Zoning | MU-RES |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Oven
- Tub/Shower
- Carpet
- Yard
- Breakfast Nook
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 516 - 670 |
| Studios | 1 | - | 350 |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 014-053-01 | Improvements Assessment | $33,647 (2026) |
| Land Assessment | $113,750 (2026) | Total Assessment | $147,397 (2026) |
PROPERTY TAXES
Parcel Number
014-053-01
Land Assessment
$113,750 (2026)
Improvements Assessment
$33,647 (2026)
Total Assessment
$147,397 (2026)
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Midtown Village Six | 1200 Plumas St
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