Rare Midtown Reno Investment Opportunity! Nestled on the iconic corner of Moran & Sinclair, this property presents a truly unique chance to own three single-family homes on one parcel in one of Reno's most sought-after neighborhoods. 204 Moran Street - 3 bedrooms, 1.5 bathrooms. Thoughtfully updated while preserving 1920s charm. The fully finished basement includes two bonus units, offering the possibility of additional rental income with a few updates needed to meet code. 610 Sinclair Street - 2 bedrooms, 2 bathrooms. Stylishly updated and move-in ready. 618 Sinclair Street - A character-rich 1920s home with endless potential to restore or reimagine. 2 bedrooms and 1.5 bathrooms and a spacious unfinished basement! This investment offers incredible upside: maximize ROI by bringing the basement units online, or explore the potential to subdivide into three separate parcels. Surrounded by Midtown's best dining, shopping, and entertainment, the location is second to none. Opportunities like this rarely come available—whether you're looking to invest, develop, or create a unique live-rent mix, this Midtown corner delivers unmatched potential.
Active under contract-show
$1,225,000
204 Moran St, Reno, NV 89501
--beds
0baths
3,843sqft
Est.:
Triplex
Built in 1922
-- sqft lot
$-- Zestimate®
$319/sqft
$-- HOA
What's special
Fully finished basementSpacious unfinished basementBonus units
- 102 days |
- 390 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 03:16pm
Listed by:
Kayla Dalton S.182071 775-525-4659,
Dickson Realty - Sparks
Source: NNRMLS,MLS#: 250055948
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Natural Gas, Radiant, Wall Furnace, Varies by Unit
Cooling
- Wall/Window Unit(s), Varies by Unit
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
- Laundry: In Unit, Varies By Unit
Features
- Ceiling Fan(s)
- Flooring: Carpet, Ceramic Tile, Concrete, Varies, Wood
- Windows: Double Pane Windows, Vinyl Frames, Wood Frames
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,843
- Total interior livable area: 3,843 sqft
Video & virtual tour
Property
Parking
- Parking features: Varies by Unit
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Partial
Lot
- Size: 6,534 Square Feet
- Features: Corner Lot, Level
Details
- Additional structures: None
- Parcel number: 01123501
- Zoning: MU-MC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Composition,Pitched
Condition
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed, Varies By Unit
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: New Southside Addition
Location
- Region: Reno
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $348,693
- Annual tax amount: $2,715
- Date on market: 9/16/2025
- Cumulative days on market: 102 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Total actual rent: 65400
- Tenant pays: Gas, Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Contingent | $1,225,000$319/sqft |
Source:  NNRMLS #250055948 Report a problem | ||
| 9/16/2025 | Listed for sale | $1,225,000+40%$319/sqft |
Source: NNRMLS #250055948 Report a problem | ||
| 1/8/2020 | Listing removed | $1,800 |
Source: Owner Report a problem | ||
| 1/6/2020 | Sold | $875,000+130.1%$228/sqft |
Source: Public Record Report a problem | ||
| 10/13/2019 | Listed for rent | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,715 +7.9% | $122,043 +2% |
| 2024 | $2,518 +7.9% | $119,615 +1.6% |
| 2023 | $2,332 +7.8% | $117,684 +25% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,628/mo
Principal & interest
$4750
Property taxes
$449
Home insurance
$429
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Libby C Booth Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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