Section Image

Explore Similar Apartments Within 2 Miles of Reed, NV

  • /17

    $525,000

    • 1,680 Sq Ft

    1154 H St, Sparks, NV 89431

    Fantastic Investment Opportunity - Two Updated Homes on One Lot!Don't miss this unique investment opportunity in the heart of Sparks! This property features two separate 2-bedroom, 1-bath homes with open concept layouts, laundry and storage rooms, private patio/yards and dedicated carports with extra parking AND RV Parking—perfect for owner-occupants, investors, or multi-generational

    Tess Best Dickson Realty - Caughlin

    1154 H St, Sparks, NV 89431
  • /32

    $569,000

    • 1,738 Sq Ft

    985 10th St, Sparks, NV 89431

    Turnkey Remodeled Duplex - 2 Detached Homes on One Lot in SparksThis fully remodeled duplex features two detached homes on a single lot, ideally located within walking distance of Victoria Square in Sparks. The front home is a spacious 3-bedroom, 1-bath residence offering numerous upgrades including new windows, new stucco siding, a completely renovated kitchen and bathroom, new LVP

    Brent Vaulet RE/MAX Professionals-Reno

    985 10th St, Sparks, NV 89431
  • /12

    $985,000

    • 3,253 Sq Ft

    1230 E St Unit 1230, 1232, 1234, 12, Sparks, NV 89431

    Fantastic investment opportunity in the heart of Sparks! Instant cash flow with a multiplex and single-family home generating income on one parcel. All four units have been tastefully updated in 2024 and are fully leased with stable, long-term tenants. The property includes a standalone 2 bed / 1 bath home in front, plus a triplex behind it consisting of two 1 bed / 1.5 bath units and one 2 bed /

    Theresa Nelson RE/MAX Gold

    1230 E St Unit 1230, 1232, 1234, 12, Sparks, NV 89431
  • /25

    $555,000

    • 1,600 Sq Ft

    1330 E St, Sparks, NV 89431

    Excellent investment opportunity to own fully leased 3-unit property in Sparks with great Cap Rate. Units consist of (1) 2bed/1bath, (1) 1bed/1bath, and a studio. Both front units have been beautifully updated with new waterproof flooring, paint, appliances, ceiling fans, washer/dryers. Unit B also has full new kitchen and bath, and an approx 144 sq ft were added. Studio unit has alley way

    Sherman Hickey eXp Realty

    1330 E St, Sparks, NV 89431
  • /13

    $550,000

    • 1,766 Sq Ft

    1830 C St, Sparks, NV 89431

    Central Sparks Triplex on big lot, MUD zoned, could support more units. Alley access, stable rents. So close to downtown Sparks, all events are within 5 minutes. 3 bedroom rents for $1600, 2 bedroom rents for $1300, 1 bedroom rent is $1000. Always rented. Some TLC needed on exterior, interiors rehabbed in 2021. Landlord covers utilities, figured into APOD at 6.8% CAP Rate. 8 plex across street,

    Tim Lambdin NextHome Yourpickettfence Group

    1830 C St, Sparks, NV 89431
  • /3

    $725,000

    • 2,466 Sq Ft

    1150 El Rancho Dr, Sparks, NV 89431

    Investment opportunity in Sparks; one building, three units. Each unit includes two bedrooms, one bath, laundry, and a one car garage. All units are currently occupied.

    Michelle Sturge Chase International-Damonte

    1150 El Rancho Dr, Sparks, NV 89431
  • /6

    $725,000

    • 2,640 Sq Ft

    2580 E St, Sparks, NV 89431

    Excellent opportunity to invest in a fully occupied 4 plex generating great income. Each unit is a large 660+ sqft 1 bed, 1 bath and in good condition with value add possibilities! This asset offers single story living, on-site parking and recent renovations to some units including updated kitchen and bathroom countertops and new cabinets. One of the units is on a month to month lease in case a

    Angela Beard RE/MAX Gold

    2580 E St, Sparks, NV 89431
  • /13

    $499,999

    • 2,114 Sq Ft

    1229 & 1231 F St, Sparks, NV 89431

    Spacious duplex located in the highly desirable Victorian Square area of Sparks. Just steps from shopping, dining, entertainment, and the Nugget Amphitheater, this property is perfect for both investors and owner-occupants alike. Both units include in-unit laundry and private yard space, ideal for outdoor enjoyment. Centrally located with easy access to I-80, this property offers strong rental

    Chris Moton Marmot Properties, LLC

    1229 & 1231 F St, Sparks, NV 89431
  • /26

    $665,000

    • 3,124 Sq Ft

    1811 H St, Sparks, NV 89431

    Fantastic Investment Opportunity! Live & Earn! This is your chance to own a turnkey income-generating property! Live in one unit while renting out the other, or rent both for maximum cash flow. Both homes have bee recently updated and are professionally managed, ensuring a hassle-free investment. Key Features: Two Updated Homes on One Lot Fully Separated Utilities – No Shared

    Isaac Conde Clark Real Estate & Inv.

    1811 H St, Sparks, NV 89431
  • /27

    $439,900

    • 1,000 Sq Ft

    803 10th St, Sparks, NV 89431

    Duplex in Sparks with new roof, new exterior paint, and new sewer line, ready for new owner or investor., Option to live in one and rent the other unit or buy it as a stabilized investment. Two storage units on-site each renting for $135 per month.

    Maya Mendoza RE/MAX Professionals-Reno

    803 10th St, Sparks, NV 89431
  • /28

    $555,000

    • 1,264 Sq Ft

    2011 H St, Sparks, NV 89431

    2.25% VA ASSUMABLE LOAN AVAILABLE! 3 UNITS! For qualified buyers, this is a fantastic opportunity to lock in favorable financing. Contact listing agent for details. Outstanding investment opportunity in the heart of Sparks! This well-maintained, income-generating property includes a duplex and a separate 1-bedroom single-family residence, each with its own private fenced yard—perfect for tenant

    Joshua Skroch RE/MAX Professionals-Reno

    2011 H St, Sparks, NV 89431
  • /17

    $324,900

    • 2,380 Sq Ft

    400 4th St, Sparks, NV 89431

    This triplex consists of three units that are detached. Unit one is 1,262 square feet, unit two is 818 square feet and, unit three is 300 square feet. This property is near the Sparks town hall and a nice park. Show today! All figures and measurements are only approximate. Buyer is to verify schools, measurements, and utilities.

    Jim Hastings office Hastings Brokerage, Ltd.

    400 4th St, Sparks, NV 89431

Why Live in Reed

Reed, a sunny suburb in Sparks, east of Reno, is known for its proximity to shopping and the Sierra Nevada Mountains. The neighborhood features single-family residences with short driveways, front-facing attached garages, and pitched roofs, predominantly in ranch-style with unique touches like green exterior accents and adobe tile roofs. Reed is home to highly-rated schools, including Lloyd Diedrichsen Elementary School, Jerry Whitehead Elementary School, and Excel Christian School, all within a couple of miles from neighborhood homes. The area is safer than the national average, making it a practical choice for families. Residents enjoy outdoor activities at centrally located parks such as Shadow Mountain Park, Pah Rah Mountain Park, Woodtrail Park, and Les Hicks Jr. Park. The D’Andrea Golf & Country Club is also nearby. Reed's attractions include local dining options like Port of Subs, Jimboy’s Tacos, and Original Thai Restaurant, and shopping at Sparks Galleria Shopping Center and The Outlets at Legends in Sparks Marina. The neighborhood is highly bikeable and walkable, with shaded, paved pathways for jogging, biking, and walking dogs. While public transit is limited, main thoroughfares like Sparks and Baring Boulevard connect to North McCarran Boulevard, facilitating easy commutes to Reno and Interstate 80. Medical facilities such as Renown Health Urgent Care and Northern Nevada Medical Center are about 3 miles away, and Reno-Tahoe International Airport and the University of Nevada—Reno are approximately 9 miles from Reed.

Home Trends in Reed, NV

Housing Trends

Median Sale Price
$366,000
Median Single Family Sale Price
$425,000
Median Townhouse Sale Price
$317,420
Median 2 Bedroom Sale Price
$194,475
Average Price Per Sq Ft
$262
Number of Homes for Sale
16
Last 12 months Home Sales
122
Months of Supply
1.60
Median List Price
$399,950
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-11%
How to Buy a Home How to Finance a Home How to Sell a Home