Listing Courtesy of: Kelli Potts - Ascent Property Group
530-577-7111
$850,000 - $850,000
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903 W 7th Street Reno, NV 89503
Fourplex
Residence
Beds
Baths
...
Bed/Bath
2,116
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Exceptional investment opportunity near the University of Nevada, Reno. This fully renovated fourplex offers modern finishes, strong rental demand, and unmatched versatility—ideal for investors, owner-occupants seeking to offset their mortgage, or parents looking for quality housing and long-term st...ability for their UNR students. All four units feature vaulted ceilings, creating a more premium and spacious feel throughout the interiors. Each unit received a full cosmetic remodel in late 2021, including updated interior and exterior paint, new windows, upgraded flooring, remodeled bathrooms, shaker-style cabinetry, stainless steel appliances, granite countertops, modern lighting, enhanced millwork, new interior doors, and efficient on-demand water heaters. Major capital systems have also been addressed: the sewer line from the building to the city connection was replaced in 2023, and a commercial backflow device was installed in 2025 to meet current city standards. The four units consist of a 392 sq ft studio and three one-bedroom/one-bath units measuring 672 sq ft, 532 sq ft, and 520 sq ft (one including a small office) totally 2116 square feet. Tenants pay refuse collection and electricity, while the owner pays gas, water, and sewer. The surrounding neighborhood has experienced meaningful improvement and growth, including a newer commercial corridor with restaurants, shopping, and groceries all within close proximity. Recent additions such as In-N-Out, Cracker Barrel, Starbucks, and other new establishments have contributed to increased convenience and long-term appreciation for the area. Located minutes from UNR, public transportation, major employment centers, and daily amenities, this fourplex offers strong rental demand, minimal near-term maintenance, and excellent long-term potential for any buyer seeking a reliable income-producing property.
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MLS#
250058568
Property Type
Fourplex
Year Built
1915
Square Feet
2,116
sq. ft
Price per Sq. Ft.
$3,920.40
Lot Size
0.09
Stories
1.0
Sewer
Public Sewer
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