512 Humboldt St - 512 Humboldt Street 5 Unit Apartment Building Offered at $2,000,000 at a 3.30% Cap Rate Reno, NV 89509

Strong value-add opportunity. Located in Reno's highly desirable Old Southwest Neighborhood, this vintage brick building represents a rare opportunity, as properties of this caliber and flexibility seldom come to market. Zoned for commercial and multi-family use and currently operating as a residential 5-plex, the property offers exceptional versatility for investors, owner-users, or future redevelopment.Rich in character, the building proudly retains many of its original vintage fixtures and period details, showcasing the timeless craftsmanship that defines the Old Southwest. The property has been impeccably maintained and thoughtfully cared for, preserving its historic charm while ensuring long-term functionality and integrity.Additional highlights include four single-car garages, a highly sought-after feature in this neighborhood, adding both convenience and value. Set along tree-lined streets and surrounded by classic architecture, the property enjoys close proximity to downtown Reno, the Truckee River, parks, dining, and cultural amenities.A truly special offering in one of Reno's most established and coveted neighborhoods, this property blends historic appeal, flexible zoning, and long-term investment potential—an opportunity that rarely presents itself.