Skip to main content
Back to Search Results
|

903 W 7th Street, Reno, NV 89503

Show All 20 Photos
For Sale

$850,000

4 baths • 2,116 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $401.70
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 stability 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.
MLS# 250058568

Courtesy Of Ascent Property Group

(530) 577-7111

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Oven, Refrigerator
  • Exterior Type
    Brick
  • Floor Covering
    Vinyl
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 903 W 7th Street, Reno, NV 89503

Home seller CENTURY 21 Americana

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Americana

(702) 296-9999
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.