Four-Unit Apartment
For Sale
$2,323,000
1002 S Arlington Avenue, Reno, NV 89509
Reno, NV
Property SizeContact for details
Days on Market56
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 #B.12934
(775) 901-0704
Added: Aug 21
Changed: Oct 10
Last Checked: Oct 15 at 6:06AM
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 income property comprises three buildings located across two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue. The apartment building 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 converted homes historically used as boarding houses. One building is currently operated as supportive housing under an approved use, while the other contains the operating office and food storage for that use.
The 1002 S. Arlington Avenue parcel includes two buildings and carries MF-14 zoning. The La Rue Avenue parcel remains zoned single-family, with grandfathered boarding-house use continuing under the current supportive-housing operation. The sale includes parcels 01131313 and 01131314. The property was built in 1937, and buyers should independently verify zoning, approvals, occupancy, and permitted uses.
The 1002 S. Arlington Avenue parcel includes two buildings and carries MF-14 zoning. The La Rue Avenue parcel remains zoned single-family, with grandfathered boarding-house use continuing under the current supportive-housing operation. The sale includes parcels 01131313 and 01131314. The property was built in 1937, and buyers should independently verify zoning, approvals, occupancy, and permitted uses.
Key Highlights
- Four‑unit apartment building with two three‑bedroom units and two two‑bedroom units
- Each apartment includes a full kitchen, one full bathroom, its own water heater, and its own furnace
- Three buildings situated across two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,993
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with three buildings, two parcels, and established apartment and supportive-housing 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 a full kitchen, one full bathroom, its own water heater, and its own furnace; Three buildings situated across two parcels at 1002 S. Arlington Avenue and 562 La Rue Avenue
