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Smithridge Multifamily Homes & Duplexes for Sale

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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
  • /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
  • /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

Why Live in Smithridge

Smithridge, a small residential neighborhood in Reno, is conveniently located between the Reno-Tahoe International Airport and the shopping centers along Virginia Street. The area features a mix of condos, townhomes, and a few single-family homes, making it attractive for first-time buyers and investors. Housing options include midcentury ranch-style homes, cottages, and low-rise apartments, with leafy streets and mature trees. Home prices in Smithridge are notably lower than the citywide average, with condos ranging from $200,000 to $300,000 and single-family homes between $300,000 and $500,000. Smithridge has several parks, including Miguel Ribera Park, which features grassy lawns, a skate park, and a playground, with the Carson Range as a backdrop. The adjacent Neil Road Recreation Center offers indoor pickleball and fitness equipment. Jamaica Park, at the southern end, has baseball fields, tennis courts, and a playground. The neighborhood's location along Virginia Street provides easy access to numerous shopping centers, including the local Smithridge Center with a Trader Joe’s and CVS. Dining options nearby include Kei Sushi and Semenza’s Pizzeria. Meadowood Mall and major retailers like Whole Foods, Target, and Home Depot are also close by. Smithridge STEM Academy and Edward L. Pine Middle School are within walking distance, and students attend the highly rated Damonte Ranch High School. The neighborhood is safer than the national average, and transportation options are plentiful, with Virginia Street offering a direct route to downtown Reno, 6 miles away, and Midtown's attractions 4 miles to the north. The proximity to the airport ensures convenient travel connections.

Home Trends in Smithridge, NV

Housing Trends

Median Sale Price
$399,990
Median Single Family Sale Price
$306,995
Median Townhouse Sale Price
$625,000
Median 2 Bedroom Sale Price
$399,990
Average Price Per Sq Ft
$313
Number of Homes for Sale
5
Last 12 months Home Sales
39
Months of Supply
1.50
Median List Price
$408,786
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
25%
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