Reno, NV Multifamily Homes & Duplexes for Sale

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  $699,000 Open Sat 12PM - 3PM

  • 2,168 Sq Ft

  516 Ryland St, Reno, NV 89502

  Great opportunity to own a versatile mixed-use property in the heart of Reno's vibrant Downtown Riverwalk District! This property offers excellent flexibility for investors, entrepreneurs, or homeowners looking for a live-work option. Zoned for mixed-use, the space can function as residential multifamily or be converted into office or commercial use(subject to city approval). Prime location with

  Sandra Peterson Redfin

  516 Ryland St, Reno, NV 89502
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  Explore Reno

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  /40

  $1,200,000

  • 2,180 Sq Ft

  632 S Wells Ave Unit 1 & 2, Reno, NV 89502

  Perfectly situated in Reno’s historic Wells Avenue district and just a short stroll to the vibrant Midtown scene, 632 S Wells Avenue is a distinctive two-unit property that blends thoughtful design and curated style all in new construction. Built-built in 2022 by a local general-contractor-owner each residence was crafted with a designer’s eye and a nod to Reno’s midcentury modern nostalgia,

  Wesley Pittman TrueNest Properties

  632 S Wells Ave Unit 1 & 2, Reno, NV 89502
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  /16

  $930,000

  • 2,796 Sq Ft

  1449 Hillside Dr, Reno, NV 89503

  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

  Angela Beard RE/MAX Gold

  1449 Hillside Dr, Reno, NV 89503
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  /29

  $569,000

  • 1,385 Sq Ft

  680 Edelweiss St, Reno, NV 89502

  Multi family, investment opportunity in the Wells Avenue District, just a few short blocks to the the VA hospital, shops, and restaurants. Well maintained, brick duplex, each 2/1 and a 2 car garage. Corner lot with tons of potential and character. Unit 1 is vacant with refinished original wood floors, freshly painted, and well maintained tile/glass features throughout. Downstairs unit is occupied

  Andrea Cassidy PMI Reno

  680 Edelweiss St, Reno, NV 89502
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  /20

  $1,025,000

  • 3,101 Sq Ft

  3080 Plumas St, Reno, NV 89509

  3080 Plumas is to be sold with 3090 Plumas, the neighboring parcel immediately to the South, separately listed and also priced at 1,025,000. This is a rare opportunity to acquire two newer built and meticulously maintained multifamily properties in prime rental location. Each property consists of a 4-unit building, each with a mix of two 1 bed / 1 bath and two 2 bed /2 bath units. All eight

  Chris McCain DL Realty

  3080 Plumas St, Reno, NV 89509
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  /20

  $1,025,000

  • 3,101 Sq Ft

  3090 Plumas St, Reno, NV 89509

  3090 Plumas is to be sold with 3080 Plumas, the neighboring parcel immediately to the North, separately listed and also priced at 1,025,000. This is a rare opportunity to acquire two newer built and meticulously maintained multifamily properties in prime rental location. Each property consists of a 4-unit building, each with a mix of two 1 bed / 1 bath and two 2 bed /2 bath units. All eight

  Chris McCain DL Realty

  3090 Plumas St, Reno, NV 89509
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  /15

  $1,750,000

  • 4,760 Sq Ft

  1101 E Taylor St, Reno, NV 89502

  Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors seeking hassle-free ownership and long-term stability. Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly

  Trevor Richardson Address Income

  1101 E Taylor St, Reno, NV 89502
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  /25

  $720,000

  • 2,233 Sq Ft

  841 Washington St, Reno, NV 89503

  Location, Location, Location! This beautiful red-brick, mid-century home has been converted & updated into 3 excellent units for rentals or live in one and rent the other two for extra income. Main level includes a wonderfully updated 2/1, along with studio conversion. The downstairs daylight basement has been beautifully finished into a 2bed/1bath. All units have separate entrances along with

  Sherman Hickey eXp Realty

  841 Washington St, Reno, NV 89503
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  /63

  $895,000

  • 2,258 Sq Ft

  506 Modoc St, Reno, NV 89509

  Maximize Your Investment at 506 Modoc Ave, Reno, NV 89509Welcome to 506 Modoc Ave, an exceptional tri-plex offering an outstanding investment opportunity in the heart of Reno. This property combines charm, modern amenities, and significant potential for growth, ideal for both investors and homeowners.Property Highlights:•Well-Proportioned Units: Each unit averages 760 sq ft of living

  Karen Greathouse Greathouse Real Estate

  506 Modoc St, Reno, NV 89509
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  /16

  $899,000

  • 2,185 Sq Ft

  985 E Taylor St, Reno, NV 89502

  Great brick triplex with a BRAND NEW ROOF on both buildings! Blocks away from Midtown and the VA. In the standalone duplex, each unit has 2 bedrooms, 1 bathroom, a 1 car garage, separate laundry, and are nearly 800 sq ft each. Plenty of parking on and off-site. Each side of the duplex brings in 1,600 each, giving you solid income from day one. Tenants are all on month to month

  Jake Andronico Address Income

  985 E Taylor St, Reno, NV 89502
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  /23

  $1,350,000 Open Wed 4:30PM - 5:30PM

  • 2,836 Sq Ft

  922 Plumas St, Reno, NV 89509

  The Plumas Three is located in the popular Midtown District and consists of 3 units and a vacant lot. The units are 3 townhome style two bedroom, two and a half bathrooms with in-unit washer & dryers. The site also includes 1 approximately 3,500 sqft lot fronting Plumas Street with the potential to build additional units. The interiors feature two-tone modern paint, LVP flooring throughout, each

  Angela Beard RE/MAX Gold

  922 Plumas St, Reno, NV 89509
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  $895,000

  • 1,890 Sq Ft

  595 Mill St, Reno, NV 89502

  LOCATION! LOCATION! LOCATION!!Invest in opportunity at this 4-unit property located near the heart of Reno! Each unit is ready to generate rental income. Located on Mill Street, you have a coffee shop across the street, downtown Reno is 2 blocks away, you're just minutes from Midtown, Renown Medical Center, Aces Ball Park, shopping, dining, and public transit. This property offers easy

  Jennifer Anderson eXp Realty LLC

  595 Mill St, Reno, NV 89502
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  /29

  $649,000

  • 2,444 Sq Ft

  1317 Powell Ln, Reno, NV 89502

  INVESTOR ALERT!! Duplex near shopping, schools, parks and airport. 2 bedroom/2 bath/ 1 car garage. 1170 sq ft per unit. separate gas, water and sewer meters.Perfect for owner occupied with income on 2nd unit as a rental.

  Cesar Salmoran XLNT Properties

  1317 Powell Ln, Reno, NV 89502
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  /27

  $480,000

  • 1,440 Sq Ft

  90/100 Arden Cir, Reno, NV 89503

  Charming Duplex in Northwest Reno - A Unique Investment Opportunity! Discover this well-maintained duplex, perfectly situated in the heart of Northwest Reno. Each unit boasts 1 bedroom, 1 bathroom, and approximately 720 square feet of living space, offering a combined total of 1,440 square feet. Thoughtfully upgraded, the interior was refreshed in 2017, while the exterior paint, and siding

  Aimee McDonald Coldwell Banker Select Incline

  90/100 Arden Cir, Reno, NV 89503
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  $1,695,000

  • 2,712 Sq Ft

  3325 Clear Acre Ln, Reno, NV 89512

  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

  Tim Lambdin NextHome Yourpickettfence Group

  3325 Clear Acre Ln, Reno, NV 89512
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  /25

  $379,000

  • 2,236 Sq Ft

  1145 Kirman Ave, Reno, NV 89502

  Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental

  Karen Greathouse Greathouse Real Estate

  1145 Kirman Ave, Reno, NV 89502
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  $695,000

  • 1,422 Sq Ft

  1356 Ridgeway Ct, Reno, NV 89503

  Located just minutes from the University, this charming duplex offers both character and potential. The front unit is a 2-bedroom, 1-bathroom home built in 1948, featuring original hardwood floors. The kitchen and bathroom were updated in 2006, including new plumbing. Furnace and water heater were replaced in 2003. Currently tenant-occupied on a lease through December (with possible early

  Laura Kirsch Marmot Properties, LLC

  1356 Ridgeway Ct, Reno, NV 89503
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  /34

  $1,250,000

  • 2,470 Sq Ft

  250 College Dr, Reno, NV 89503

  Exceptional investment opportunity located just blocks from The University of Nevada Reno, easy access to the lively downtown area and a short trip to the popular Rancho San Rafael Regional Park. This rare multifamily property sits on a prominent corner lot and includes two well-maintained duplexes (4 total units). With flexible MF-30 zoning, there is significant upside potential for future

  Chante Hargrove RE/MAX Professionals-Reno

  250 College Dr, Reno, NV 89503
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  /40

  $750,000

  • 1,328 Sq Ft

  99 Bartlett St, Reno, NV 89512

  Invest in the heart of the University District of Reno with this fully renovated three-unit gem, just a 2-minute stroll to the University of Nevada, Reno campus. Whether you're an investor looking for cash flow, an owner occupier looking to offset your costs, or someone looking for a low maintenance property to add to their portfolio- 99 Bartlett delivers. The main house is a 2 bed, 1 bath

  Angela Beard RE/MAX Gold

  99 Bartlett St, Reno, NV 89512
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  /11

  $699,000

  • 3,600 Sq Ft

  3590 Carlos Ln, Reno, NV 89502

  *** INVESTORS ALERT*** 1031 EXCHANGES, ETC -- WE CAN CLOSE QUICKLY!! CALL LISTING AGENT -- PRICE REDUCED--BACK ON MARKET: Parking lot completely repaved in 2023. Average rents are low. 24 hour notice required to show property. Agent must be present. Property shares access off Parkview St with neighbor(1131 Parkview)...See "D" for 2025 full Survey. Neighbor has a structure which potentially

  Mike Gemme Coldwell Banker Select Reno

  3590 Carlos Ln, Reno, NV 89502
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  $875,000

  • 2,513 Sq Ft

  206 Mount Rose St, Reno, NV 89509

  Discover the ultimate investment opportunity at 204, 206, 208 Mount Rose St, Reno, NV. This residence consists of three separate units key to unlocking your financial future. Situated on a spacious 0.138-acre lot in the heart of vibrant Midtown, convenience and community come together as each unit is mere steps from popular restaurants, chic shopping, and lively bars.Perfect for investors or

  Joseph Wieczorek Dickson Realty - Downtown

  206 Mount Rose St, Reno, NV 89509
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  $825,000

  • 1,836 Sq Ft

  1001 Lander St, Reno, NV 89509

  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

  Joseph Wieczorek Dickson Realty - Downtown

  1001 Lander St, Reno, NV 89509
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  /5

  $560,000

  • 1,800 Sq Ft

  1250 Virbel Ln Unit 1252, Reno, NV 89502

  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

  Gumer Alvarez Coldwell Banker Select Reno

  1250 Virbel Ln Unit 1252, Reno, NV 89502
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  /26

  $775,000

  • 2,858 Sq Ft

  565 Denslowe Dr, Reno, NV 89512

  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

  Rory Hickok Dickson Realty - Caughlin

  565 Denslowe Dr, Reno, NV 89512
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  /7

  $790,000

  • 2,966 Sq Ft

  670 Denslowe Dr, Reno, NV 89512

  Well priced 4-Unit Investment property with a long-time proven track record of generating stable income for the owner. The close proximity to The University of Nevada historically keeps vacancy low. 100% tenant occupied and generating $53,400 in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase

  Chris McCain DL Realty

  670 Denslowe Dr, Reno, NV 89512
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  /15

  $520,000

  • 1,440 Sq Ft

  1365 E 11th St, Reno, NV 89512

  Centrally Located Duplex in the Heart of Reno - Excellent Income OpportunityWell-maintained duplex ideally situated in a prime central Reno location. Each unit features 2 bedrooms, 1 full bathroom, a private entrance, an attached one-car garage, and fenced back yards—perfect for privacy and outdoor living.This is an excellent opportunity for owner-occupants or investors: live in

  Milan Navarro Ferrari-Lund R.E. Sparks

  1365 E 11th St, Reno, NV 89512
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  /10

  $895,000

  • 2,944 Sq Ft

  2090 Patton Dr, Reno, NV 89512

  Fantastic high income producing 4-plex in excellent condition and close to UNR! 100% occupied with excellent tenants. Each unit has 2 full bedrooms, 1 spacious bathroom, refrigerators, full size washer & dryer and owner provides high speed internet for all units. R30 Insulation in the floors, walls, ceilings and attic. No common walls between units for privacy. Plenty of light in the spacious

  John Arnold Dickson Realty - Damonte Ranch

  2090 Patton Dr, Reno, NV 89512
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  /27

  $799,000

  • 2,165 Sq Ft

  650 Elko Ave, Reno, NV 89512

  Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. In place cap rate of 5.7 percent. The property consists of a triplex featuring a 2 bed, 1 bath unit, a 1 bed, 1 bath unit and a studio unit. In the back there is a separate 528 sqft 1 bed, 1 bath cottage. All units are in great condition, the property has always been well cared for, and it

  Angela Beard RE/MAX Gold

  650 Elko Ave, Reno, NV 89512
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  /33

  $899,000

  • 2,608 Sq Ft

  449 Marsh Ave, Reno, NV 89509

  Historic 1926 Beauty on Marsh Avenue — Zoned for Endless Possibilities Don’t miss this one-of-a-kind, light-filled historic gem located on idyllic Marsh Avenue—one of Reno’s most charming and distinguished streets, celebrated for its character, warmth, and historical significance. Built in 1926 and meticulously maintained, this enchanting property blends timeless elegance with thoughtful

  Lindie Brunson Ferrari-Lund Real Estate Reno

  449 Marsh Ave, Reno, NV 89509
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  /17

  $675,000

  • 1,921 Sq Ft

  785 Aitken St, Reno, NV 89502

  Both units were remodeled in 2010 including roofs and have been updated and maintained constantly by the Owners. Unit one on 785 Aitken is charming 928SF with stucco exterior, new fences and gates, shade trees, raised flower beds and DG xeriscape front yard with drip system. The main living area is open to the kitchen in an open concept with beautiful wood vinyl flooring, Bali wood blinds and

  Jason Norris Solid Source Realty

  785 Aitken St, Reno, NV 89502
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  /20

  $1,075,000

  • 4,608 Sq Ft

  3260 Gypsum Rd, Reno, NV 89503

  Welcome to 3260 Gypsum Road, Reno, NV, a remarkable investment opportunity near UNR and Rancho San Rafael. Assumable financing available. This expansive 4-unit multi-family property boasts a total of 4,608 square feet, offering an exceptional living experience across its eight bedrooms and eight bathrooms. Each unit is thoughtfully designed to maximize space and comfort, ensuring a welcoming

  Mark Hugret Compass

  3260 Gypsum Rd, Reno, NV 89503
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  /13

  $575,000

  • 1,260 Sq Ft

  369 Broadway Blvd, Reno, NV 89502

  This well-maintained brick duplex perfectly blends classic charm with modern updates. A complete remodel with all new electricity, plumbing & water. New sewer line, new dual pane windows, refinished hardwood floors throughout, new kitchen appliances, washer/dryer, flash water heaters added. All new bathrooms, completed in 2021. Situated in a prime Midtown location, the property is within walking

  Catherine Lima Engel & Volkers Reno

  369 Broadway Blvd, Reno, NV 89502
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  /32

  $899,000

  • 2,939 Sq Ft

  400 Minerva Ln, Reno, NV 89503

  Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a

  Jakobee Reviglio LPT Realty, LLC

  400 Minerva Ln, Reno, NV 89503
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  /27

  $995,000

  • 2,700 Sq Ft

  629 Sinclair St, Reno, NV 89501

  629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offers charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units near the highest rates in Reno. 3 of the 5 units have been renovated in recent years., With an adjustment in rental rates the property could have an address income (net monthly income) of

  Trevor Richardson Address Income

  629 Sinclair St, Reno, NV 89501
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  /40

  $1,395,000

  • 5,256 Sq Ft

  125 Caliente St, Reno, NV 89509

  Do not disturb Tenants. Welcome to the ultimate investment opportunity at 125/121/123 Caliente, situated in the vibrant heart of Reno's Midtown district. This property offers a beautifully remodeled single-family residence complemented by a modern duplex, perfect for investors or families seeking both a home and income potential., The main house at 125 Caliente is an impressive 3,006 sq/ft

  Joseph Wieczorek Dickson Realty - Downtown

  125 Caliente St, Reno, NV 89509
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  /13

  $595,000

  • 1,305 Sq Ft

  760 Balzar Cir, Reno, NV 89502

  Welcome to an exceptional investment opportunity in the heart of Midtown Reno. This versatile duplex sits on a generous, highly desirable corner lot, offering ample space and endless potential., Ideally located in one of Reno’s most dynamic neighborhoods, this property is perfectly positioned just minutes from local amenities and key community institutions. Whether you’re an investor seeking

  Henry Huang Sierra Nevada Properties-Reno

  760 Balzar Cir, Reno, NV 89502
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  /29

  $2,450,000

  • 821 Sq Ft

  3415 Clear Acre Ln, Reno, NV 89512

  Why Buy One House when you can Buy 4 Houses On One Parcel and Still have Extra Space? This is your opportunity to have 4 houses on 1.94 acres of land--On One Parcel! Hello...This is Definitely Unique. Check out the zoning SF3 which might allow for another dwelling if approved by City/County etc. entities but Buyer must verify. This property is close proximity to Interstate 395 & I-80 access &

  Nanette Fink-Eaton Real Estate in Nevada

  3415 Clear Acre Ln, Reno, NV 89512
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  /16

  $1,050,000

  • 3,340 Sq Ft

  462 Laurel St, Reno, NV 89512

  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

  Victoria Palladino Dickson Realty - Caughlin

  462 Laurel St, Reno, NV 89512
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  /33

  $4,440,000

  • 3 Beds
  • 3 Baths
  • 3,400 Sq Ft

  20102 Hibbet Trail, Reno, NV 89511

  A rare 40-acre estate in the heart of the Sierra Nevada, offering privacy, beauty, & access to Tahoe & Reno. Just below Mt. Rose Ski Area & bordered by USFS land, this property provides an off-grid lifestyle without sacrificing convenience or luxury. At the heart of the property sits a well-maintained 3-bed 3-bath lodge designed for mountain living. Vaulted ceilings & windows frame breathtaking

  Alex Min Sierra Sotheby's International

  20102 Hibbet Trail, Reno, NV 89511
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  /27

  $399,000

  • 1,483 Sq Ft

  632 Quincy St, Reno, NV 89512

  Investor Alert! Flipper! 2 homes on 1 lot. Front home has been under construction by owner. No further work will be completed by Owner. Front unit has newer roof, new kitchen cabinets, granite slab counter tops, recessed lighting, ceiling fans, microwave installed, bath/shower unit is there ready for installation. Both units being sold in its current condition with NO repairs. No assignment

  Felisa Cusimano-Martin Dickson Realty - Sparks

  632 Quincy St, Reno, NV 89512

Showing Results 1 - 40, Page 1 of 2

Why Live in Reno

Reno's Riverwalk District buzzes with public art displays and live performances at Wingfield Park along the Truckee River. The city's cultural scene flourishes through the Nevada Museum of Art's contemporary exhibitions and Broadway shows at the iconic Pioneer Center for the Performing Arts. Outdoor recreation abounds at Mount Rose Ski Tahoe, located just 45 minutes from downtown, while Rancho San Rafael Regional Park provides extensive hiking trails and botanical gardens. The dining landscape ranges from upscale experiences at Atlantis Steakhouse to authentic French cuisine at Beaujolais Bistro in the Arts District.

The housing market in Reno presents diverse options across its neighborhoods. The median price for single family homes varies significantly by area: $1,897,000 in Arrowcreek, $842,500 in Somersett, and $645,000 in MidTown. Condominiums present more affordable options, with median prices at $210,000 for one bedroom units and $297,300 for two bedrooms. Townhomes have a median price of $329,500.

Living costs in Reno run 3.8% above the national average. A family with school age children needs approximately $110,000 annually to live comfortably, while renters should aim for $59,000. Monthly grocery expenses average $1,600 for families and $700 for renters. Housing costs exceed national averages by 12%, with monthly expenses around $2,700 for families. Property taxes remain competitive at 0.46%, and Nevada residents benefit from no state income tax. The combined sales tax rate stands at 8.24%.

The Davidson Academy, serving West University, maintains an A+ rating across all grade levels. Reno High School, rated A, serves multiple neighborhoods including MidTown and Downtown. The University of Nevada Reno adds to the educational landscape. Commuters utilize the Regional Transportation Commission bus system and a free downtown shuttle service, while the Reno Tahoe International Airport connects residents to major U.S. cities just 3 miles from downtown.

Learn more about living in Reno

Home Trends in Reno, NV

On average, homes in Reno, NV sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in Reno, NV over the last 12 months is $570,000, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$570,000

Median Single Family Sale Price

$745,969

Median Townhouse Sale Price

$560,000

Median 2 Bedroom Sale Price

$368,500

Median 1 Bedroom Sale Price

$224,000

Average Price Per Sq Ft

$357

Number of Homes for Sale

163

Last 12 months Home Sales

1,509

Months of Supply

1.30

Median List Price

$599,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

1%