This meticulously maintained 3 building apartment complex is a fantastic opportunity for an investor looking to acquire a property near the University of Nevada, Downtown Reno and Rancho San Rafael Regional Park with significant upside potential. It's a great location for tenants attending the University due to the short distance to class, bus stops & sporting events. The “new” complex (Certificate of Occupancy on July 2019) consists of 17 units (8 Two BR, 8 One BR and 1 Studio apartment )that are fully remodeled with AC units, granite counter tops in the kitchen and bathrooms, new appliances, spacious balconies, new parking lot and a common laundry area. Both in the units and around the community is tremendous attention to detail.
Multi-familyProperty Type
1963Year Built
0.51 acresLot Size
17 spacesParking
Listed by YaYa Jackoby• Ferrari-Lund Real Estate South
Bought with Christina Moses• Nevada West Real Estate Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,398 Sq. Ft.
Year renovated
1963
Sq. Ft.
2,880
Year built
1963
Style
Multi-Family (2-4 Unit)
County
Washoe County
APN
004-152-23
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
MF-30
AN
Multi-Family Residential District
The MF-30 district is intended to provide multi-family residential development and limited commercial and retail uses. Secondary uses include duplexes, triplexes, fourplexes, townhomes, single-family residential uses, parks, and schools. Additional district standards ensure that amenities such as open space are provided to offset the increases residential densities. This district is appropriate adjacent to other multifamily, single-family Urban Districts, and Employment Districts.
Zone overlays
Airport Noise Exposure Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Housing-Mobile home park
Feb 3, 2005 • Final
Residential remodel & addition
Remove the existing roof and install a new torch-down roofing system.
Addition
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Parking Types: Common
Parking Capacity per Unit: 1
Total Parking Capacity: 17
Interior
Room Information
Laundry: Common
Interior Features
Appliances: Dishwasher, Oven/Range, Refrigerator
Facility Features: Master Meter (Water), Separate Heating/Cooling, Separated Meters (Electric), Separate Water Heaters, Tenant Pays Utilities
Flooring: Carpet, Laminate
Windows: Double Pane
Heating/Cooling
Central Refrigerator A/C, Electric, Forced Air
Green Features
Double Pane Windows
Multi-Unit Information
Complex Name: Wedekind Appartment
# of Units: 17
Net Operating Income: $184,100
Income Info: No
Common Features: Security Lighting
Studio Information
# of Baths: 1
# of Units: 1
1-Bedroom Unit Information
# of Baths: 1
# of Units: 8
2-Bedroom Unit Information
# of Baths: 1
# of Units: 8
Exterior
Building Information
Exterior: Stucco
# of Buildings: 3
Construction: Frame
Foundation: Concrete Slab
Exterior Features
Fencing: Back
Landscaped: Fully
Unit Information
Unit Features: Balcony, Smoke Detector
Property Features
Roof: Flat
Sprinklers: Yes
Property Information
Source of Sq. Ft.: Assessor
For Sale
For Sale
Sliding Scale: No
Lot Information
Access Type: Private
Financial
Taxes & Assessment Information
Taxes: $3,968
Utilities
Utility Information
Utilities: City/County Water, City Sewer, Electricity, Water Meter Installed
Water Heater: Electric
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,880
Stories: 2.0
Lot Size: 3,398 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1963
Year Renovated: 1963
County: Washoe County
APN: 004-152-23
Home facts updated by county records on Sep 4, 2026
Other
Listing Information
Cross-Street/Directions: Sutro
Around this home
Schools
Rita Cannan Elementary School
Public PreK-5 • Assigned • 0.7mi
5/10
Fred W Traner Middle School
Public 6-8 • Assigned • 0.6mi
5/10
Procter R Hug High School
Public 9-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
15 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89512
Average low and high temperatures (°F)
49
26
54
32
63
38
64
40
76
48
86
57
91
60
90
58
83
53
70
42
56
34
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.9 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
12.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
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