1055 Riverside Dr Reno, NV 89503
Downtown Reno NeighborhoodEstimated payment $5,200/month
Highlights
- Public Water Access
- The property is located in a historic district
- Wood Burning Stove
- Hunter Lake Elementary School Rated A-
- City View
- Separate Formal Living Room
About This Home
Beautiful brick building built in 1926, offering timeless character and charm. One of the few standalone professional office/residential properties in the heart of downtown, this unique property combines historic appeal with modern updates. Recent upgrades include all new windows, a new electrical panel, new flooring, fresh interior paint, remodeled bathrooms, a new microwave, and freshly painted kitchen cabinets. The property also features a durable metal roof with a lifetime warranty, a newer gas boiler installed in 2019, and a new parking lot completed in 2020. An electric gate provides secure rear access. Ideally located directly across the street from the Truckee River and the scenic Riverwalk with miles of walking and biking paths, the property offers beautiful river views and convenient access to outdoor recreation. Situated on the Riverwalk and just minutes from Idlewild Park, this location provides an exceptional combination of downtown convenience and natural surroundings. Currently zoned for professional office use; however, the City of Reno has indicated the property may be eligible for conversion to residential use, offering excellent flexibility and potential. Buyer to verify with Washoe County.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,318
Year Built
- Built in 1926
Lot Details
- 6,534 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Level Lot
- Front Yard Sprinklers
- Property is zoned PO
Property Views
- City
- Woods
Home Design
- Brick or Stone Mason
- Pitched Roof
- Metal Roof
- Masonry
Interior Spaces
- 2,247 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Wood Burning Stove
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Mud Room
- Smart Doorbell
- Separate Formal Living Room
- Dining Room with Fireplace
- Home Office
- Library
- Bonus Room
- Unfinished Basement
- Crawl Space
Kitchen
- Built-In Double Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Home Security
- Security System Owned
- Security Gate
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Parking Spaces
- Additional Parking
Outdoor Features
- Public Water Access
- River Nearby
- Enclosed Patio or Porch
- Rain Gutters
Location
- The property is located in a historic district
Schools
- Hunter Lake Elementary School
- Swope Middle School
- Reno High School
Utilities
- Refrigerated and Evaporative Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 011-082-11
Community Details
Overview
- No Home Owners Association
- Reno Community
- Powning Addition Subdivision
Amenities
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,868 | $90,590 | $51,321 | $39,269 |
| 2024 | $2,318 | $81,334 | $43,059 | $38,275 |
| 2023 | $2,147 | $72,858 | $40,731 | $32,127 |
| 2022 | $1,894 | $58,326 | $31,421 | $26,905 |
| 2021 | $1,751 | $47,383 | $22,111 | $25,272 |
| 2020 | $1,690 | $47,337 | $22,111 | $25,226 |
| 2019 | $1,612 | $43,799 | $19,784 | $24,015 |
| 2018 | $1,534 | $41,423 | $18,620 | $22,803 |
| 2017 | $1,499 | $41,237 | $18,620 | $22,617 |
| 2016 | $1,465 | $39,821 | $17,456 | $22,365 |
| 2015 | $1,463 | $39,367 | $17,456 | $21,911 |
| 2014 | $1,421 | $38,222 | $17,456 | $20,766 |
| 2013 | -- | $37,477 | $17,456 | $20,021 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $975,000 | -- | $434 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $850,000 | Ticor Title | |
| Bargain Sale Deed | -- | Western Title Inc | |
| Deed | $185,000 | First Centennial Title Co | |
| Trustee Deed | $83,165 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $904,266 | Construction | |
| Previous Owner | $160,000 | Commercial | |
| Previous Owner | $155,000 | Seller Take Back |
Source: Northern Nevada Regional MLS
MLS Number: 260002085
APN: 011-082-11
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