$815,000
UNDER CONTRACT

Estimated payment $4,766/month

Total Views 365
-- Bed
-- Bath
2,336 Sq Ft
$349 Price per Sq Ft

Highlights

  • High Ceiling
  • Mini Split Air Conditioners
  • Vinyl Plank Flooring
  • Double Pane Windows
  • Patio
  • 5-minute walk to Stewart Park

About This Home

Sleek New Construction Duplex in the Heart of Midtown

Welcome to 267 Cheney Street—a brand-new, thoughtfully designed duplex offering modern finishes, efficient floorplans, and strong investment potential, all nestled in Reno's coveted Midtown district. Set on a separate parcel behind a charming 1937 home, this newly constructed property features two mirror-image 2-bedroom, 2.5-bathroom units, each with private laundry, outdoor space, and alley-accessed parking.

The west unit is fully completed and ready for immediate occupancy, while the east unit is on track for completion by the end of August. Both showcase stylish, low-maintenance finishes, open-concept living areas, and functional layouts perfect for long-term tenants or short-term rentals.

Property Highlights:

New Construction Duplex - Each unit is 2 bed, 2.5 bath with private laundry and fenced outdoor areas

Private Parking - 3 off-street spaces accessible from rear alley

Smart Investment - Ideal for investors or owner-occupants looking to offset their mortgage with rental income

Desirable Location - Walkable to Midtown's vibrant restaurants, shops, and nightlife

Separate Parcel - 267 Cheney sits behind 263 Cheney (the original building) and has its own APN

While the parcels are listed separately, the owner strongly prefers to sell both properties together, offering a rare chance to own four fully independent units across two parcels in one of Reno's most in-demand neighborhoods.

Whether you're seeking a turnkey investment or a hybrid live/rent opportunity, 267 Cheney delivers modern living, lasting value, and a location that checks all the boxes.

Listing Agent

Laura Kirsch

Marmot Properties, LLC License #S.176875 Listed on: 07/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 2025

Lot Details

  • 3,354 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Vinyl Plank Flooring

Kitchen

  • Oven
  • Microwave

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad
  • 2 Parking Spaces Included

Outdoor Features

  • Patio

Schools

  • Booth Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter: 2
  • No Water Heater

Listing and Financial Details

  • Assessor Parcel Number 013-111-23

Community Details

Overview

  • 2 Units
  • Reno Community
  • Wells Addition Subdivision

Building Details

  • 2 Vacant Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Year Built: 2025
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Subdivision Name: Wells Addition
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: MF30
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Appliances Microwave: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Wooster
  • Lot Lot Size Acres4: 0.077
  • Lot Lot Size Square Feet4: 3354.12
  • Appliances Oven: Yes
  • Tax Legal Tax Annual Amount3: 3908.7
  • Water Heater None29: Yes
  • Lot Spa Y N4: No
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • Tax Legal Middleor Junior School: Vaughn
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Reno
  • Levels Two: Yes
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Cooling Mini Split(s): Yes
  • Meter Information Number Of Separate Water Meters: 2
  • Unit Details Number Of Units Vacant: 2
  • Special Features: 4226
  • Stories: 2

Interior Features

  • Appliances: Oven, Dryer, Microwave, Refrigerator, Washer
  • Number Of Buildings: 1
  • Owner Pays: None
  • Interior Amenities: High Ceilings
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 2336.0
  • Laundry Features In Unit: Yes
  • Flooring Plank: Yes
  • Unit1 Furnished3: Unfurnished

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Shingle
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Parking Pad
  • Total Parking Spaces: 3.0
  • Parking Information Parking Total4: 3.0
  • Parking Features Parking Pad: Yes
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 1.5

Utilities

  • Utilities: Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: In Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes
  • Heating Mini Split(s)2: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 013-111-23
  • Fencing: Back Yard
  • Lot Size Sq Ft: 3354.12
  • Zoning: MF30

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 3908.7

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $815,000 -- $349 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 250053557

Northern Nevada Regional MLS