Courtesy: RE/MAX Professionals-Reno
775-345-3070
Two homes, one smart move! Own this side-by-side duplex on a level, landscaped corner lot, 401 & 415 W Arroyo St, sold together on a single parcel. Move right into vacant 415: 2 bed/1 bath, 1,025 sq ft, with a carpeted bonus room for a home office, den or guest space, its own laundry room with washer and dryer in place, gas forced-air heat and an over-the-range microwave. Next door, 401 (2 bed/1 bath, 845 sq ft) is currently leased so rental income starts on day one. Enjoy a newer roof (approx. 2020/2021), separately metered electric and two 50-gal water heaters. Live in one, rent the other, or grow your portfolio with income already in place.
Courtesy: Dickson Realty - Caughlin
775-746-7000
Two properties, One Great Investment Opportunity! Sold together these two properties offer flexibility for an owner-occupant, investor or multi generational living. Live in the larger home while renting out the smaller property, which is currently tenant occupied and generating rental income. The larger home is vacant and features updated flooring, fresh interior paint, and a refrigerator. The properties have detached garages and plenty of potential. The larger home is two bedrooms one bathroom. The smaller property is one bedroom one bathroom. This unique opportunity offers plenty of possibilities. Come see it today!
Courtesy: Chase International-Damonte
775-850-5900
INVESTOR SPECIAL PRIME MIDTOWN LOCATION VALUE-ADD OPPORTUNITY Bring your vision to 452 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside and all tenants are on month to month leases. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 420 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact broker for more information and showing times.
Courtesy: Chase International-Damonte
775-850-5900
INVESTOR SPECIAL PRIME MIDTOWN LOCATION VALUE-ADD OPPORTUNITY Bring your vision to 420 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. NOTE: One of the units has suffered fire damage/casualty and is currently non habitable/non rentable in need of significant restoration. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 452 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current "as-is" condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact listing agent for showings by appointment only.
Courtesy: Evolve Nevada
775-685-7771
The Edwards House — a distinctive piece of Reno history with remarkable modern flexibility. Originally commissioned for the railroad-executive Edwards family, this 1911-era historic property was completed in 1914 and later served as the residence of the R. Herz family. Thoughtfully reimagined into 3 units in 1934 and comprehensively renovated, the approximately 2,589-square-foot property pairs original architectural character with updated systems and the versatility to accommodate a variety of live/work, owner-user, residential, or investment strategies, subject to zoning and applicable approvals. Original Rock Maple, Red & White Oak, and Douglas Fir flooring preserve the home's historic character, while extensive improvements bring the infrastructure into the modern era. Updates include a new roof, energy-efficient windows, new interior and exterior electrical wiring, panels, fixtures and power pole, new PEX plumbing, clean sewer scope, and three new mini-split HVAC systems. Three kitchens, three bathrooms and three laundry centers have been updated, with fire-rated ceilings and walls providing separation between the individual spaces. The flexible configuration includes a South space of approximately 730 SF, a North space of approximately 775 SF, and a spacious upstairs area of approximately 1,079 SF. The upper level functions autonomously with its own kitchen area, bath and laundry. The result is a property that can adapt to changing needs—live in one area while utilizing other spaces for work, guests, office space, extended living, or rental income, subject to applicable approvals. Set on approximately 4,748 SF at the western edge of downtown Reno, the property offers an exceptional location just a half-block from the Truckee River and Riverwalk, with Hub Coffee Roasters, Beaujolais Bistro and the historic Powning District nearby. A rare opportunity to own a meticulously updated historic property where character, location and flexibility come together. All information is deemed reliable but not guaranteed. Buyer to verify all information, zoning, uses and approvals.
Courtesy: Dickson Realty - Sparks
775-685-8800
One of three fourplex buildings available near the University of Nevada, Reno—an opportunity to purchase individually or explore a portfolio acquisition! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently occupied by long-term tenants. Each unit offers a functional floor plan, a wood-burning fireplace, and an assigned 1-car garage for additional parking and storage. Conveniently located near UNR, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to expand your investment portfolio with established tenancy. See Associated Documents for additional information, including cash flow details for each unit. Contact the listing agent for information about the two additional fourplexes and potential purchase options.
Courtesy: Chase International-Damonte
775-850-5900
Excellent investment opportunity in the heart of Reno! Built in 2020, this newer duplex offers modern construction and a highly convenient central location near the University of Nevada, Reno, Downtown, and Midtown. Each residence features a functional two-story layout. Upon entering, you are welcomed by the kitchen and dining area, a convenient half bathroom, and stairs leading to the upper level. Upstairs features two bedrooms, including a versatile second bedroom that can easily be transformed into a living room or additional lounge space. A loft area provides even more usable space and includes laundry and a wine refrigerator. The upper level also features a full bathroom, while the primary bedroom opens to a private balcony overlooking the surrounding Reno area. With newer construction, flexible living spaces, private outdoor space, and close proximity to UNR, Downtown and Midtown, this property presents an excellent opportunity for investors, owner-occupants, or those looking for a centrally located multi-residence property in Reno.
Courtesy: Marmot Properties, LLC
775-301-5289
900 Willow is a freshly painted 8-unit apartment building available on its own or paired with its nearly identical sister property at 190 Locust Street, giving investors the flexibility to acquire 8 doors or a full 16-door portfolio in Reno's rental-hungry 89502 submarket. Both buildings are separately parceled and can be purchased individually or together. Built in 1964, the two-story building holds eight matching one-bed/one-bath units at roughly 506 SF each, totaling 4,048 SF with Mixed-Use (MU) zoning. The durable block construction has kept long-term capex, insurance, and maintenance costs low for decades, and individual wall heaters in every unit keep the utility structure clean and tenant-paid. Interior updates are already underway across the units — enough to reduce day-one turn work while leaving clear runway to keep pushing rents through continued unit-by-unit improvements. The exterior was just repainted, so the building shows and leases quickly. Renown Regional Medical Center — northern Nevada's largest hospital and a constant source of nurses, residents, techs, and traveling medical staff hunting small, affordable, walkable units — sits around the corner. Midtown's restaurant and nightlife scene, the South Wells commercial strip, downtown Reno, the Truckee Riverwalk, and the University of Nevada are all within a short walk or quick drive. With a uniform all-one-bedroom mix that mirrors Reno's growing base of single medical workers, young professionals, and students, 900 Willow is a clean fit for value-add multifamily investors, 1031 exchange buyers, and out-of-state operators looking for a foothold in Reno's medical-district rental market.
Courtesy: Marmot Properties, LLC
775-301-5289
190 Locust is an 8-unit multifamily property in Reno's supply-constrained 89502 submarket — offered on its own or alongside its nearly identical sister building at 900 Willow Street for buyers who want to double up to 16 doors in a single transaction. The two properties are separately parceled, so investors can take one or both. Constructed in 1964 with concrete block and masonry bearing walls, this two-story building carries eight uniform 506 SF one-bedroom, one-bath units across 4,048 SF of building on a 5,461 SF lot zoned Mixed-Use (MU). 190 Locust also includes a 276 SF basement area — currently used for storage but plumbed with real potential for conversion into a common-area laundry room, opening up a new income stream and a straightforward lift to NOI. The address puts tenants minutes from Renown Regional Medical Center — northern Nevada's largest hospital and one of the region's most reliable rental-demand drivers — with Midtown Reno, the South Wells Avenue corridor, downtown, the Truckee Riverwalk, and the University of Nevada all within easy reach. The all-one-bedroom floor plan set matches Reno's expanding pool of single medical professionals, young workers, and students, making 190 Locust an easy fit for value-add operators, 1031 exchange buyers seeking stabilized-with-upside product, and out-of-state investors targeting the medical district.
Courtesy: DL Realty
775-762-5418
Single-family house AND a duplex located in one of Reno's most sought after residential / rental neighborhoods. Walkable to Midtown, Wells Ave. District, and Downtown. Highly desirable for owner-occupiers and tenants alike. Reside in the house and rent the duplex units to offset living expenses or rent the entire property to maximize income. The house was built in nineteen twenty, has an additional five hundred thirty-eight square foot basement, tandem (or RV) parking, and private front and rear yards. The duplex was built in nineteen eighty-eight, features two identical two bedroom / one bathroom units, a private back yard, and a total of four off-street parking spaces. The house and both duplex units all have in-unit washer & dryer hookups. The house is separately metered for gas, electricity, and water. The duplex units are separately metered for gas and electricity. The duplex is accessible via a wide alley at the rear of the property, creating a sense of separation between the house and duplex. Income and expense information available upon request.
Courtesy: Chase International-Damonte
775-850-5900
Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street— this unique property offers timeless character, versatility, and excellent investment potential. Each residence showcases the charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can't be replicated in newer construction. Each residence also has a detached garage for parking and storage. 1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom. Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno's beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom. Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you're looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities. Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street — two residences, one exceptional Old Reno opportunity.
Courtesy: RE/MAX Professionals-Reno
775-345-3070
An exceptional turnkey duplex offering spacious residences, desirable amenities, and a fresh renovation! This well maintained property features two large 2 bedroom, 1 bathroom units, each complete with its own washer and dryer and private backyard. With a long history of strong rental demand, consistent occupancy, and reliable cash flow, this is an exciting opportunity for investors and owner occupants alike. Unit 1196 has been newly renovated and showcases sleek luxury vinyl plank flooring, fresh interior paint, new carpet, upgraded light fixtures, and a beautifully remodeled bathroom. The bathroom features a striking tile shower, tile flooring, new toilet, and a stylish new vanity, creating a fresh and contemporary feel throughout the residence. Both units offer generously sized floor plans and the added convenience of private in unit laundry. Each residence also enjoys its own spacious and private backyard, providing an amenity that is increasingly difficult to find in a duplex setting. The property also features a new water heater. With a proven history of stability, very strong tenant demand, and very limited vacancy, this property is truly turnkey and positioned for a seamless transition to its next owner. Conveniently located with easy access throughout Reno, this is a compelling opportunity to acquire a quality income-producing property with an established track record.
Courtesy: Berkshire Hathaway HomeService
775-636-6767
Good investment property, currently one unit is set for wheelchair accessibility. The ceiling lift from the Bedroom to the Bath is currently installed, making this a great opportunity for those in need of movement assistance. Two separate, fenced backyards.
Courtesy: Chase International-Damonte
775-850-5900
Investor or house hacker alert! 2 separate homes on one property with a history of little to no recent vacancies right in the heart of Midtown. Front house features a large 2 bedroom & 1 bathroom 1,374 sq ft floor plan with a 525 sq ft unfinished basement. Vintage charm around every corner from the door hardware to the moldings to the windows, a history aficionado's happy place! The back house consists of 1 bedroom, 1 bathroom 818 sq ft and it's own backyard access
Courtesy: RE/MAX Gold
775-787-3629
University Cottage at Ralston consists of one existing duplex and room to add additional units on the lot. The property sits on a large 0.275 acre lot with MF-14 zoning within the University rental submarket. There are a total of 9 bedrooms and 5.5 bathrooms. The property has been fully remodeled with tons of capex expenditures completed. This asset has newer tankless water heaters, multiple mini splits, recent exterior paint, newer roof, new electrical, new plumbing, and beautiful curb appeal. The interiors feature LVP and wood look tile flooring, wood beams, upgraded wall texture, full tile bathroom showers, modern wood look cabinets, and quartz countertops with stainless steel appliances. Tenants enjoy on-site parking on a larger private corner lot, in-unit laundry, walk around porch, and modern finishes with a classic feel throughout. It is also a short distance to the University of Nevada Reno making it a perfect student housing investment opportunity.
Courtesy: Ferrari-Lund R.E. Sparks
775-685-7788
4-Plex. New roof! Fully occupied. Please do not disturb tenants. Tours of units will be available once an offer is accepted. (Buyer can make offer contingent on viewing units.) Rent roll and expense report available upon request.
Courtesy: NextHome Yourpickettfence Group
775-622-0614
Rare opportunity to assume at 2.25 percent loan for qualified Buyers! This centrally located Reno Duplex is fully rented, offering immediate rental income and excellent investment potential. Conveniently located near shopping, dining, schools, and major commuter routes, this turnkey property is great for a live and rent the other unit or for an investment portfolio. Each side features 2 bedrooms and 2 full bathrooms with one car garage and fenced backyard.
Courtesy: PMI Reno
775-393-9603
2 houses on a .14 acres parcel in the heart of Renown Medical District. House 1 is a 2/1 with 1044 sqft and House 2 is a 2/1, 1044 sqft with a basement about 1000sqft. Long time tenants since 1990/2003 paying below market rent. A rental analysis for a proforma rent rate is 1750-1850 per month, see attached document. This property has redevelopment opportunity and Zoned MU.
Courtesy: XLNT Properties
775-587-1149
Excellent Investment opportunity with this centrally located 2-unit multifamily Duplex located in midtown reno! Each unit features 2 bedrooms and 1 bathroom. Conveniently situated near schools, airport and shopping centers. This property sits on a generous highly desirable corner lot, offering ample space and parking. Each unit is ready to generate rental income. Don't miss this chance to own a well located income-producing property in the heart of the city.
Courtesy: DL Realty
775-762-5418
Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred thousand dollars down, seller to carry a five hundred fifty thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.
Courtesy: Engel & Volkers Reno
775-710-3411
315 Crampton St — Rare Midtown Reno triplex offering strong income and owner-user flexibility, all on one parcel just steps from the shops, restaurants, and nightlife that make Midtown one of Reno's most sought-after neighborhoods. The property features a front house plus a back duplex, giving you multiple paths to build equity, generate cash flow, or live in one unit while the others help pay the mortgage. The front house is a beautifully renovated, vacant, 3-bedroom, 1.5-bath detached house — ideal for an owner-user or investor. Recent upgrades include a remodeled kitchen with new countertops, cabinets, and appliances, updated bathrooms, new flooring throughout, all-new double-pane windows, and refreshed landscaping. An unfinished basement offers exciting potential to add livable square footage or even a fourth unit (buyer and buyer's agent to verify with City). The back duplex consists of two comfortable 2-bedroom, 1.5-bath units, each currently rented at 1,650/month for reliable, in-place income. Together, the three units make this an excellent addition to any investment portfolio — or the perfect house-hack opportunity for a buyer looking to offset their cost of living. With a walkable Midtown location, versatile unit mix, and value-add upside in the basement, opportunities like this don't come along often. Don't miss your chance to own a piece of one of Reno's most dynamic neighborhoods.
Courtesy: RE/MAX Gold
775-787-3629
The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this fully occupied asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.
Courtesy: RE/MAX Professionals-Dayton
775-241-3975
Excellent investment opportunity in the heart of Midtown Reno! This well-maintained triplex consists of a duplex with separate gas and electric meters for each unit and a shared water meter, plus a detached third unit with its own water, gas, and electric meters. All three units have been fully remodeled and feature luxury vinyl plank flooring, updated ABS waste lines, stainless steel appliances, and gas ranges. Each unit is currently leased on one-year agreements at $1,395 per month, providing immediate rental income. Situated on an MF-30 zoned lot, the property offers exceptional redevelopment potential, with zoning allowing for up to six units (buyer to verify with the City of Reno). Whether you're seeking a turnkey income property or a future development opportunity, this is a rare investment in one of Reno's most desirable central locations.
Courtesy: Key Collective
775-502-4449
Exceptional investment opportunity in the heart of Reno! Conveniently located just minutes from Downtown Reno, the University of Nevada, Reno, shopping, dining, and major commuter routes. This property offers tremendous potential for investors, flippers, or buyers looking to add value in a highly desirable location. Being sold AS-IS, providing the perfect opportunity to renovate, update, or customize to your vision. The property is currently vacant, making it easy to show and ready for immediate possession. Don't miss this chance to own an investment property in an area with strong demand and excellent long-term potential.
Courtesy: Marmot Properties, LLC
775-301-5289
Great opportunity to own a 0.33-acre parcel with two single-family structures and MU (Mixed-Use) zoning, just minutes from I-80 for an easy commute anywhere in the Truckee Meadows. The front house is a 3-bedroom, 1-bath home built in 1960 with 1,045 square feet. It features a cozy fireplace, and forced-air heating. A comfortable primary residence or solid rental from day one. The back house is a 1932-era cottage at 995 square feet with 1 bedroom, 1 bath, a fireplace, and 1.5-story layout — a perfect rehab project. Bring your vision and sweat equity to create a second income-producing unit or guest house. The oversized, Mixed Use zoned lot — over 14,000 square feet — offers generous room to build, add an ADU, expand, or develop further.
Reno is located in Nevada. Reno, Nevada has a population of 259,913. Reno is less family-centric than the surrounding county with 28.93% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Reno, Nevada is $67,557. The median household income for the surrounding county is $74,292 compared to the national median of $69,021. The median age of people living in Reno is 36.4 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 8.9 inches per year, with 21.9 inches of snow per year.
