$1,100,000
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1446 Model Way, Reno, NV 89502

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- Beds
0 Baths
5,640 Sq Ft

Profitable and well cared for 7-plex in a desirable Reno location! All units were totally updated around 2004 including kitchens, bathrooms, and tile floors. The apartment building contains 6 - 2 bedroom / 1 bath units with lots of storage space and a coin-operated laundromat common area. The home on the property is a 3 bedroom, 2 bathroom and was also completed updated around 2004. The oversized 2-car garage is a divided space and is separately rented for additional income., Gross scheduled income is approximately $74,600 and recurring annual expenses (insurance, taxes, and owner paid utilities) are approximately $20,265.

Listing By: Cole Mizak - Compass nvnnrmls Realty.com
  • MLS# 230006120
  • Date Listed06/08/2023
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.33 acres (14,375 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Washoe
  • Year Built 1944
  • Water Public
  • Square Feet 5,640 sq. ft
  • Price Per Sq. Ft $195.04

Interior Features

  • Flooring Carpet, Ceramic Tile
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof Pitched, Composition, Flat, Shingle, Membrane
  • Lot Size Acres 0.33
  • Lot Size SQFT 14,374.80
  • Lot Features -

Directions

Neil Road

Financial Considerations

  • Tax Amount $3,313
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 89502

Discover key demographics, population statistics, and environmental insights for the Reno, NV area.

Population & Environment

Source: Sperling's Best Places

Walkability in NV / 89502

Source: Walk Score

63/100

Somewhat Walkable

Walk Score ®

37/100

Some Transit

Transit Score ®

67/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 20/100, Bike Score: 49/100.

Property Change History

Price Per Square Foot decreased from $670.73 to $195.04
Property Heating updated
Forced Air → Forced Air, Natural Gas
Property description updated with new details
Property description updated with new details

Points of Interest near 1446 Model Way, Reno, NV 89502

Frequently Asked Questions for 1446 Model Way

Source: Realty.com

1446 Model Way, Reno, NV 89502 in Reno, NV 89502 is a multi family listed at $1,100,000. Highlights include 5,640 sq. ft., built in 1944, 0.33 acre lot, $195 per sq. ft.. Realty.com has 10 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 10 photos of 1446 Model Way.

Our records indicate that 1446 Model Way was built in 1944.

The full address for this home is 1446 Model Way, Reno, NV 89502.

1446 Model Way has been listed on Realty.com since Thu June 08, 2023

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 20/100, Bike Score: 49/100.

Listing provided courtesy of: Compass (tel: 775-404-7650)
Listing agent: Cole Mizak (tel: 775-225-2549) (#9554)

This content last refreshed on 2026-08-11 17:25:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.