Multifamily Property with Four-Unit
New
For Sale
$2,323,000
1002 S Arlington Avenue, Reno, NV 89509
Commercial Sale, Reno, NV
Property Size2,259 SF
Lot Size0.29 Acres
Price / SF$1,028
Days on Market7
Property Features for 1002 S Arlington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MF14
Parking
10
Window features
Double Pane Windows
Subdivision
Park Lawn
Lot features
Landscaped
Directions
La Rue
Standard status
Active
APN
011-313-13
Size
2,259 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
4096
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1937
Floors in Building
2
Number of units
11
Flooring type
Vinyl, Carpet, Varies
Building materials
Frame, Wood Siding
Roof type
Composition, Shingle
Listing Agency:
Engel & Volkers Lake Tahoe · Engel & Völkers
(775) 588-7710
Listed By:
Jean Merkelbach · License #B.12934
(775) 901-0704
Added: Aug 15
Changed: Aug 20
Last Checked: Aug 21 at 7:06PM
MLS# 260010820
Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property comprises three buildings across two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue. The Arlington parcel includes a historically converted boarding house approved by the Historical Board and currently operated as supportive housing, along with a four-unit apartment building. The apartment building contains two three-bedroom units and two two-bedroom units; each unit has one full bathroom, a full kitchen, an individual water heater, and its own furnace.
The La Rue building is a single-story home converted to boarding-house use and incorporated into the current supportive-housing operation. It contains the operation’s office and food storage. The Arlington parcel is zoned MF-14, while the La Rue parcel remains single-family zoned with grandfathered boarding-house use continuing under the current operation. The property includes 0.29 acres and 2,259 square feet, with public water and sewer, natural gas availability, electric cooling, and forced-air heating. The buildings date to 1937 and feature frame construction, wood siding, and composition or shingle roofing.
The La Rue building is a single-story home converted to boarding-house use and incorporated into the current supportive-housing operation. It contains the operation’s office and food storage. The Arlington parcel is zoned MF-14, while the La Rue parcel remains single-family zoned with grandfathered boarding-house use continuing under the current operation. The property includes 0.29 acres and 2,259 square feet, with public water and sewer, natural gas availability, electric cooling, and forced-air heating. The buildings date to 1937 and feature frame construction, wood siding, and composition or shingle roofing.
Key Highlights
- Three buildings spanning two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue
- Four‑unit apartment building with two three‑bedroom and two two‑bedroom units
- Each apartment includes one full bathroom, full kitchen, individual water heater, and furnace
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,993
Businesses Nearby
Explore this area
Business Placement
Demographics for 89509, NV
34,817
Population
18,290
Households
1.9
Avg Household Size
44
Median Age
50%
College-Educated
95%
High-School Grad
8.8 sq mi
ZIP Area
3,956
Density / Sq Mi
$81,751
Median Household Income
$47,546
Median Earnings
$1,443
Median Rent
$670,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three-building residential property with apartment units, boarding-house history, and supportive-housing operations across two parcels.
Where is this multifamily property located?
The property is located at 1002 S Arlington Avenue Reno, NV.
What is the asking price?
The asking price for this property is $2,323,000.
What are key features of this property?
This property features: Three buildings spanning two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue; Four‑unit apartment building with two three‑bedroom and two two‑bedroom units; Each apartment includes one full bathroom, full kitchen, individual water heater, and furnace
