Prime Wells Avenue duplex in the heart of Reno, Nevada! This beautifully renovated 1945 brick duplex is a rare opportunity to own a cash-flowing income property in one of Reno's most visible and high-demand corridors. Located on Wells Avenue, this property offers a unique combination of immediate rental income and future development potential, making it ideal for investors, owner-investors, or those looking for a value-add commercial redevelopment site. The property has been thoughtfully renovated and converted into a true two-unit duplex, with one unit on the main level and a second unit in the fully finished basement — each with private living space and strong rental appeal. Upstairs unit: 2 bedrooms + 2 bathrooms, currently rented on a month-to-month lease at 2,550/month Downstairs unit: 2 bedrooms + 1 bathroom, newly vacant and currently being marketed for rent at 1,750/month Situated on a 0.161-acre lot with prime frontage on Wells Avenue, this property is zoned GC (General Commercial) in Washoe County, opening the door to a wide variety of commercial and mixed-use possibilities. Even better — plans have already been created for an 8-unit apartment building to be built on the rear portion of the lot, giving investors a head start on future expansion and redevelopment. Whether you're looking for a stabilized duplex, a Reno redevelopment opportunity, or a high-visibility commercial lot with existing income, this Wells Avenue property delivers a rare best of both worlds investment: rent now, build later. Endless potential in an unbeatable Reno location — schedule your private tour today.
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.
HOME IS BEING OFFERED FULLY FURNISHED! Tucked in the heart of Old Southwest Reno, this charming home built in 2015 offers 2 bedrooms and 2 bathrooms. The open-concept living space features vaulted ceilings and an abundance of natural light from the many windows, creating a bright and airy atmosphere. The kitchen boasts ample storage, stainless steel appliances, and a butcher block island with a breakfast bar overlooking the great room. Step outside to the paver patio, surrounded by mature shade trees and designed for low-maintenance living—perfect for relaxing or entertaining. Ideal as a full-time residence or a lock-and-leave getaway.Don't miss this incredible opportunity to own in one of Reno's most desirable neighborhoods! See Rental Owner Statements in Documents.
Probate Sale subject to court confirmation and the court bidding system, Property is being sold in its present condition. Seller to make no repairs and offer zero dollars in repairs. The two tenants would like to stay. Need notice to show! Buyers and agents to verify all information. Since this is a probate listing agents are still gathering information. Rents, utilities paid, etc.... VERY close to UNR
This investment property features two units: a 4-bedroom, 2-bathroom unit and a 3-bedroom, 1-bathroom unit. Both units were fully remodeled in 2021 including LVP flooring and tile flooring, fresh interior and exterior paint, white cabinets, quartz counters, stainless steel appliances, new windows, new doors, and beautifully tiled showers. Both units have washer and dryer hook ups, plenty of on-site parking as well as a 360 square foot detached outbuilding. There are many possibilities with this .33 acreage lot and MF30 zoning! This property is just steps away from the Miguel Ribera Park and Neil Road Rec Center, as well as quick access to the freeway, tons of restaurants and shopping. This vacant duplex offers the perfect opportunity to live in one unit and rent out the other, generating income to offset a mortgage.
Located in the heart of North West Reno's University area. Two cute little houses located on a corner lot. MF-14 Zoning. First house is a 3 bedroom 2 bath with a detached small garage. Second unit is a 2 bedroom 1 bath with a fireplace. Street parking. newly repainted on the inside with new laminate flooring (cute) these units are both currently rented. Please contact agent for more information.
Rare!!! One lot 3 income opportunities... For sale One 2 Bedroom 1 Bath home, One 1 Bedroom 1 Bath ADU, and a Land Rental pad for a Manufactured home that is currently rented. You could rent them all, or you could live in one and rent the others... The choices you have are endless... located in a quiet neighborhood, minutes to UNR or Downtown Reno, also minutes to all the warehouses in North Reno.... The two homes have been completely remodeled and updated... Plenty of parking for all units... Give me a call today to setup your private showing today....
Don't miss this rare opportunity to own a thoughtfully cared-for duplex just minutes from the heart of Midtown Reno. Each unit features 2 bedrooms, 1 bathroom, and a functional layout perfect for comfortable living. The property has been exceptionally well-maintained, offering peace of mind to both investors and future occupants. Situated on a desirable corner lot, this duplex provides additional privacy, street presence, and convenient access—an attractive feature for tenants or owner-occupants. Its prime location means easy access to Midtown's dining, shopping, and entertainment. Ideal for an investor seeking steady rental income or an owner-occupant who wants to live in one unit and rent the other, this property combines functionality, location, and long-term value.
Welcome to 10005 Sage Wood, a rare and desirable single-story triplex offering a blend of comfort, privacy, and investment potential. Each of the three units features 2 bedrooms and 1 bathroom with well-planned layouts and private entrances. The middle unit appears slightly larger, making it a great option for an owner-user or premium tenant. Each unit includes parking for two vehicles, and the spacious backyard has been thoughtfully divided to provide separate outdoor spaces for each unit. All units are currently vacant, with the seller having provided proper notice to tenants prior to listing—allowing for immediate occupancy or leasing at market rates. Whether you're an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents an excellent opportunity. Clean, functional, and ready to go—this triplex checks all the boxes.
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.
Welcome to 343 & 347 Mount Rose St, located in the heart of Reno's vibrant MidTown District, the city's most desirable neighborhood for arts, culture, theatre, and dining, all just steps from your front door. It offers a rare blend of charm, modern convenience, and excellent investment potential. This property is perfect for both owner occupants and investors. 343 Mount Rose St. features a spacious single level main residence, complemented by a second unit.Tucked away down a few steps to the front door with a breezeway patio the length of the home. 347 Mount Rose St. was built in 2017, it's a stylish modern duplex with alley access, each of the two units spans three stories and includes, one bedroom, + den or office, two bathrooms, attached one car garage, two private balconies, fenced patio space, vaulted ceilings, and sunshine filled interiors. Whether you're looking to expand your portfolio or be an owner occupier and rent out three units, this unique property is the best of both worlds, in one of Reno's most walkable, lively, and fast appreciating neighborhoods. Newer roof from 2024 on the front house.
Modern and immaculate duplex built in 2020 with strong rental history and a high cap rate. Both units are mostly furnished and leased, offering stable, long-term income. Tenants have expressed intent to stay, creating a seamless transition for investors. Each unit features private balconies, solar panels, and private carport parking with garage door openers. Prime location near UNR and downtown amenities makes this property ideal for long-term rental or future Airbnb potential. Located just minutes from the university, downtown, shopping, dining, and parks — this is one of the most sought-after areas for both long-term tenants and short-term rental potential. Walkable, bike-friendly, and close to key commuter routes. Whether you're looking for a plug-and-play investment or long-term portfolio growth, this rare, turn-key duplex offers both flexibility and prime location appeal.
This 1,500 sq. ft. Loft Duplex at 453 Cheney Street is part of the boutique Midtown Garden Homes community. With three residences already sold and only two remaining, this is a rare chance to own new construction in Reno's most walkable and desirable neighborhood. Designed with soaring ceilings, abundant natural light, and an open-concept layout, the Loft Duplex offers modern living with timeless architectural appeal. Outdoor spaces extend the home's livability, blending indoor comfort with Midtown's vibrant energy. Beyond its design, this duplex also presents a strong investment opportunity. Live in one unit and rent out the other, or use both as income-producing rentals — either way, you'll benefit from ownership in one of Reno's fastest-growing and most in-demand areas. Located in the heart of Midtown, you'll be steps away from the city's best restaurants, coffee shops, shopping, and nightlife, while enjoying the privacy of a boutique residential street. Construction is set to start shortly on the development, with completion and Certificate of Occupancy expected in 12 months. Escrow requires a non-refundable deposit, with closing upon issuance of the Certificate of Occupancy. With limited availability and high demand, this is one of the last chances to secure a Midtown Garden Homes Loft Duplex. Contact us today to learn more and reserve this unique property.
2019 built modern duplex in the highly desirable MidTown location of Reno. Each unit features 750 square feet 1 bedroom, 1.5 bathrooms with large separate lofts. Units were designed with contemporary finishes including LVP flooring, stainless steel appliances, large, tiled walk-in showers and concrete flooring downstairs. On-site parking, in unit laundry and fenced in yard areas are make this property even more attractive.
330 Stewart St consists of a 948 square foot 3-bedroom 1 bathroom home with and unfinished basement, in-unit laundry and on-site parking. In the back of the property there is a 2004 built triplex, each unit featuring 2 bedrooms and 2 bathrooms. Currently there is one vacancy at 330 Stewart in the front 3 bedroom house which opens the opportunity for an owner occupier. This 4 unit investment property is in a prime Midtown location, walking distance some of Reno's best restaurants, coffee shops and more!
3325 Clearacre Lane presents a rare opportunity to get paid while you plan for a higher use on a strategically located 1.5-acre parcel. With two existing houses providing immediate income, this property offers flexibility and cash flow as you explore future development options. Positioned at the gateway to Sun Valley, the site boasts massive daily traffic counts and high visibility—ideal for commercial, mixed-use, or multi-family concepts. Whether you're envisioning retail frontage, residential density, or something bold and innovative, this is the perfect canvas to think out loud and build value in a fast-growing corridor.
Welcome to 1001 Lander St, nestled in the charming old southwest of Midtown Reno! This unique duplex presents an incredible investment opportunity for those looking to diversify their portfolio with a property that boasts steady rental income. Each side of the duplex features 2 cozy bedrooms, 1 bathroom, and individual laundry/work rooms, perfect for tenants seeking convenience and privacy. With a total land size of 0.147 acres and dedicated 1 car garage space per unit, this well-maintained property ensures ample room and parking for residents. The desirability of 1001 Lander St is unmatched—situated within walking distance to the vibrant heart of Midtown, where parks, restaurants, bars, and shops create an engaging and lively community atmosphere. Investors will appreciate the attractive average rent of $2,022/month per unit, offering a robust return on investment. Whether you're looking to occupy one side while earning from the other or fully capitalize on Reno's rental market, this duplex is a rare find. Seize the opportunity to own a piece of Reno's sought-after Midtown district.
Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the heart of the city! AGENTS SEE PRIVATE REMARKS.
Investment Options near the University of Nevada! Investors can use property either for Short Term Rental (STR) or Long Term Rental (LTR). Currently used as an STR, this remodeled fourplex is conveniently located within walking distance to the University's campus. Some of the remodeled features include ceramic tile flooring, updated bathrooms, kitchens, as well as newer water heaters and interior paint in each of the four 714 sf, one-bedroom units. Each unit could efficiently serve students and faculty alike. Also closely located to Interstate 80.
1449 Hillside Drive is an exceptional duplex located within the University submarket in Reno, NV. This location provides direct access to the University of Nevada, Reno and all the local campus attractions offering great walkability and strong tenant demand. The units are a large 1,677 sqft 3 bed 2 bath unit and a 1,118 sqft 2 bed 1 bath unit. Both have been meticulously renovated and rents are at market., The property has a major renovation on both the interior and exterior. The interiors feature modern stainless steel appliances, solid surface countertops, shaker cabinets, LVP flooring, and much more. The exterior features new paint, modern fencing, clean and easy to maintain landscaping and decking. The site has ample on site and street parking allowing tenants the convenience of avoiding expensive parking passes sold by the university.
Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

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.