645 Quincy St
Four-unit apartment building plus a renovated two-bedroom cottage on a single 0.17-acre parcel in central Reno, Nevada, offered at $1,250,000 at a 5.32% cap. The five-unit mixed-use asset delivers turnkey, fully occupied income with contemporary finishes across both structures.
Built in 1922 and extensively renovated, the 3,483 SF, two-story building comprises four one-bedroom, one-bathroom apartments and one detached two-bedroom, one-bathroom cottage. All units feature luxury vinyl plank flooring, upgraded kitchens with modern countertops and shaker-style cabinetry, stainless steel appliances, central heating, and air conditioning. The property is zoned Mixed Use (MU) and sits in the heart of Reno with controlled access and onsite parking. Public transportation, bus lines, and commuter rail are nearby; Reno-Tahoe International Airport is accessible.
- Five units (four 1BR/1BA apartments + one 2BR/1BA cottage) on a single parcel
- Recently renovated with luxury finishes and modern appliances throughout
- 100% occupied, move-in-ready investment
- Central Reno location with public transit and airport access
- Mixed-use zoning; flexible single-parcel ownership structure
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Features & amenities
Location
645 Quincy presents a distinctive turnkey investment opportunity featuring a four-unit apartment building, each offering a one-bedroom, one-bathroom layout, alongside a fully renovated two-bedroom, one-bathroom single-family cottage situated on the same parcel. Located in the heart of Reno, the property combines the reliable cash flow of a multifamily asset with the added appeal and flexibility of a standalone residence. Both the apartment building and cottage have undergone extensive renovations, showcasing contemporary finishes such as luxury vinyl plank flooring, upgraded kitchens with modern countertops and shaker-style cabinetry, and stainless steel appliances, making this an attractive, move-in-ready investment.