3601 Gypsum Road Reno NV 89503

MLS# 250057305 • 84 Days on Market • Commercial Sale

3601 Gypsum Road Reno, NV 89503

Presented by Berkshire Hathaway HomeSerices Nevada Properties.

$1,600,000

$/month |

Reno Foothills 1
Subdivision
Mount Rose Ski Tahoe
Ski Resort
Reno, NV
Town

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Listed By Harcourts Vanguard, Maribel Garcia. ©2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Description

Fully occupied 8-unit multifamily investment near UNR. 3601 Gypsum Rd delivers strong in-place income with immediate upside through below-market rents. Current annual income 106 K with low 23 percent expense ratio and 81K NOI. Attractive seller financing available — 300 K down, 5 percent interest, 30-year amortization, 5-year balloon. Unit mix: (4) 1-bed / 1-bath and (4) 2-bed / 1-bath. Rents average 200-300 dollars below market, creating significant growth potential once updated. Prime North Reno location minutes from UNR, downtown, and I-80. Rare turnkey opportunity offering stability, cash flow, and value-add potential.

Property Details

Heating Baseboard
Water/Sewer Public, Public Sewer
Year Built 1986
2020 Taxes $4,616

$1,600,000

$/month

Reno Foothills 1
Subdivision
Mount Rose Ski Tahoe
Ski Resort
Reno, NV
Town

Contact Us

Point of Interest Map

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