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Investment Highlights

  • Proximity to restaurants, shopping, and nightlife

Executive Summary

Excellent investment opportunity in Midtown offering 8 units including a duplex and 6-plex on one parcel. Duplex built in 1926; 2-bed/1-bath and 1-bed/1-bath - both units have laundry. 6-plex (built in 1963) consists of six 1-bed/1-bath units with good closet space. Potential for on-site laundry in the basement. All 8 units have designated off-street parking. Well-maintained and a fantastic location in Midtown make these units desirable and easy to rent; close proximity to restaurants, shopping, nightlife, etc.. 6-plex averages $1,025 per unit. Duplex is $1,850/mo for 2-bed/1-bath and $1,400/mo for 1-bed/1-bath. *One of the Listing Brokers is an owner of the property.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
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 (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,340,575 CAD
Price Per Unit $292,572 CAD
Sale Type Investment
Cap Rate 4.70%
Sale Condition 1031 Exchange
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Building Class C
Lot Size 0.24 AC
Building Size 5,128 SF
No. Stories 2
Year Built 1926
Opportunity Zone Yes
Zoning MF30 - Multi Fam
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
013-091-12
Land Assessment
$120,826 CAD
Improvements Assessment
$72,330 CAD
Total Assessment
$193,156 CAD
  • Listing ID: 41705541

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 357 Roberts St, Reno, NV 89502

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