505 Walker Ave Reno, NV 89509
MidTown NeighborhoodEstimated payment $5,362/month
Highlights
- Hot Property
- 2 Car Attached Garage
- Patio
- Corner Lot
- Double Pane Windows
- Tankless Water Heater
About This Home
Unique opportunity in Reno's Old Southwest neighborhood, directly across from Plumas Park and minutes from Midtown. This completely remodeled 1,526 SF brick property offers two units, giving the flexibility for an owner-occupant, home office, or investment property. Approximately 230,000 dollars in recent improvements include new HVAC, electrical, plumbing, sewer line, kitchens, bathrooms, flooring, appliances, landscaping, and more. The 2-bedroom, 1.5-bath unit has a proven furnished mid-term rental history, recently leasing for 4,300.00/month. Zoning allows additional redevelopment potential for up to four units, subject to City approval and applicable development standards.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,800
Year Built
- Built in 1950
Lot Details
- 6,500 Sq Ft Lot
- Landscaped
- Corner Lot
Home Design
- Duplex
- Frame Construction
- Pitched Roof
- Stick Built Home
Interior Spaces
- 1,526 Sq Ft Home
- Furnished or left unfurnished upon request
- Double Pane Windows
- Crawl Space
Kitchen
- Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Parking Pad
- 2 Parking Spaces Included
- Common or Shared Parking
- Garage Door Opener
Outdoor Features
- Patio
Schools
- Mt. Rose Elementary School
- Shaw Middle School
- Reno High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 011-316-06
Community Details
Overview
- 2 Units
- Reno Community
- Scenic Park Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $822 | $91,978 | $65,625 | $26,353 |
| 2025 | $1,604 | $91,004 | $65,625 | $25,379 |
| 2024 | $1,486 | $91,321 | $65,625 | $25,696 |
| 2023 | $1,486 | $87,797 | $65,625 | $22,172 |
| 2022 | $1,377 | $68,934 | $50,155 | $18,779 |
| 2021 | $1,276 | $57,548 | $39,130 | $18,418 |
| 2020 | $1,199 | $53,142 | $35,000 | $18,142 |
| 2019 | $1,143 | $51,116 | $33,390 | $17,726 |
| 2018 | $1,090 | $42,127 | $25,200 | $16,927 |
| 2017 | $1,046 | $41,020 | $24,500 | $16,520 |
| 2016 | $1,020 | $42,667 | $26,250 | $16,417 |
| 2015 | $260 | $32,653 | $16,100 | $16,553 |
| 2014 | $990 | $30,238 | $14,700 | $15,538 |
| 2013 | -- | $26,222 | $11,900 | $14,322 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2026 08/19/26 | For Sale | $950,000 | -- | $623 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | First Centennial Title | |
| Bargain Sale Deed | $625,000 | First Centennial Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $415,000 | Ticor Title Of Nevada Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $593,750 | New Conventional |
Source: Northern Nevada Regional MLS
MLS Number: 260010723
APN: 011-316-06
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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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