755 Moran Street

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$1,498,000
8 beds5,440 sqft$275/sqft
755 Moran St, Reno, NV 89502
Est: $7,926/moGet pre-approved

Description

Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal.Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal.
LISTING UPDATED: 02/24/2025 10:59 PM

  1. Listed by Henry Huang • Sierra Nevada Properties-Reno
  2. Listed by Non MLS Agent • Non MLS Office

Property Details for 755 Moran Street

Status
Active
MLS #
250002024
Days on Compass
550
Taxes
$3,744 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Apartment Building (up to 8 Units)
Year Built
1971
Lot Size
0.16 AC / 6,969 SF
County
Washoe County
Zoning Actual
Mf14
Total Parking Capacity
8

Location

Listing Courtesy of Sierra Nevada Properties-Reno, Henry Huang, License #10226; Non MLS Office, Non MLS Agent, License #1950
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Building Information for 755 Moran Street

Stories2Residences-Year Built1971Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

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$7,926 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,614

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 755 Moran Street

Summary
Location and General Information
  • Geo Latitude: 39.521575
  • Geo Longitude: -119.799285
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 755 Moran St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89502
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 755 Moran Street
  • County: Washoe
  • Middle School: Vaughn
  • High School: Wooster
  • Xstreet/Directions: Wells/Moran
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Taxes $: $3,744.18
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1971.0
  • Acreage: 0.16
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01302515
  • Complex Name: Moran Street Apartments
  • Gross Square Footage: 5440.0
Property and Assessments
  • Documents On File: Financial Statements
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Masonry
  • HUD: No
  • Automated Valuation: No
  • Associated Document Count: 1
  • LVT Date: 02-20-2025
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Natural Gas, Wall Heater, Varies by Unit
  • Water Heater: Electric, Natural Gas
  • Windows: Single Pane
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Alley Access
  • Unit Features: Smoke Detector, Varies Per Unit
  • Appliances: Oven/Range, Refrigerator
  • Laundry: Common
  • Flooring: Carpet, Wood
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Masonry Veneer
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: None
  • Sprinklers: None
  • Fenced: None
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 8
  • 1 Bedroom - # Units: 8
  • 1 Bedroom - SqFt/Unit: 675
  • 1 Bedroom - Avg Rent/Unit: 995
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 1
  • # Units: 8
  • Stories: 2 Story
Income & Expenses
  • Annual Income & Expenses: Pro Forma
  • Net Operating Income: $73,818.00
Agent
Showing and Remarks
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 24
  • DOMLS: 5
  • Cumulative DOM: 24
  • Cumulative DOMLS: 5
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Henry Huang
  • Contact Phone: 775-525-1325
Rental
Rent Information
  • Current Lease: Leases

Property History for 755 Moran Street

DateEvent & SourcePriceAppreciation
Jan 31, 2025

Listed (Active)

NNRMLS #250002024

$1,498,000—
Mar 28, 2019

Sold

NNRMLS #190003663

$834,000—
Mar 25, 2019

Sold (Public Record)

Public Record #641799701

$834,000

+26.0% / yr

DateEvent & SourcePrice
01/31/2025

Listed (Active)

NNRMLS #250002024

$1,498,000
03/28/2019

Sold

NNRMLS #190003663

$834,000
03/25/2019

Sold (Public Record)

Public Record #641799701

$834,000

+26.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 755 Moran Street

Taxable ValueLand$80,500Additions$54,446Total$134,946
Tax Record2025$3,858 ($322 / month)
Home Facts
Baths8Total Finished SqFt5,440 SqFtAbove Grade Finished SqFt5,440 SqFtStories2Lot Size7,013 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971ZoningMF14CountyWASHOEAPN013-025-15

Schools near 755 Moran Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Libby C Booth Elementary School
Public - PK to 5
E Otis Vaughn Middle School
Public - 6 to 8
Earl Wooster High School
Public - 9 to 12
Marvin Picollo School
Public - PK to 12
Rating
School
Distance
Libby C Booth Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster High School
Public9 to 12

Marvin Picollo School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 755 Moran Street, Reno, NV 89502

755 Moran Street is a multi-family home for sale in Reno, NV 89502. This property was listed for sale on February 1, 2025 by Sierra Nevada Properties-Reno, it's currently listed at $1,498,000. It has been on the market for a total of 550 days and was last sold on March 29, 2019. This listing's school district is Washoe County School District. Nearby schools include Libby C Booth Elementary School, E Otis Vaughn Middle School and Earl Wooster High School. 755 Moran Street is a 8-bed, 8-bath, 5,440 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sierra Nevada Properties-Reno, Henry Huang, License #10226; Non MLS Office, Non MLS Agent, License #1950

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.