Search
Multifamily Property with Four-Unit Building
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
Listed By: Jean Merkelbach · License #B.12934
Added: Aug 15 Changed: Aug 20 Last Checked: Aug 21 at 5:06PM
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.

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

Current Use

Awayerin Group, LLC Barber Shop

Suggested Use

Top Pick Locksmith HVAC Service (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,993
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message