Four-Unit Apartment
New
For Sale
$2,323,000
1002 S Arlington Avenue, Reno, NV 89509
Reno, NV
Property SizeContact for details
Days on Market5
Property Features for 1002 S Arlington Avenue
General Information
Property type
Commercial Sale
Property subtype
Single Family Attached
Subdivision
Park Lawn
Standard status
Active
Building Details
Year built
1937
Listing Agency:
Engel & Volkers Lake Tahoe · Engel & Völkers
(775) 588-7710
Listed By:
Jean Merkelbach · License #0012934
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 24 at 11:06AM
MLS# 260010820
Copyright © 2026 Engel & Völkers. 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 residential property spans two parcels and includes three buildings. The apartment component contains four units, including two three-bedroom residences and two two-bedroom residences. Each apartment has one full bathroom, a full kitchen, an individual water heater, and a dedicated furnace. The property also includes two former single-family homes that have been converted for boarding-house use; one has approval for supportive-housing operations, while the other contains an office and food storage associated with the current operation.
The Arlington Avenue parcel is zoned MF-14 and contains the apartment building and one boarding-house building. The La Rue Avenue parcel remains zoned single-family, with continued boarding-house use recognized under the existing operation. The offering includes both parcels, associated with 1002 S. Arlington Avenue and 562 La Rue Avenue in Reno's Old Southwest neighborhood. Buyers should independently verify zoning, permitted uses, historical approvals, and occupancy requirements.
The Arlington Avenue parcel is zoned MF-14 and contains the apartment building and one boarding-house building. The La Rue Avenue parcel remains zoned single-family, with continued boarding-house use recognized under the existing operation. The offering includes both parcels, associated with 1002 S. Arlington Avenue and 562 La Rue Avenue in Reno's Old Southwest neighborhood. Buyers should independently verify zoning, permitted uses, historical approvals, and occupancy requirements.
Key Highlights
- Four‑unit apartment building with two three‑bedroom units and two two‑bedroom units
- Each apartment includes one full bathroom, full kitchen, individual water heater, and dedicated furnace
- Three separate buildings distributed across two parcels
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?
Quadplex - Three-building residential property with MF-14 zoning, supportive-housing operations, and a mix of apartment and boarding-house uses.
Where is this quadplex 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: Four‑unit apartment building with two three‑bedroom units and two two‑bedroom units; Each apartment includes one full bathroom, full kitchen, individual water heater, and dedicated furnace; Three separate buildings distributed across two parcels
