Duplex with Fenced
1132 Parkview Street lot 1130 & 1132 Parkview St, Reno, NV 89502
For Sale
New
$600,000
Residential Income, Reno, NV
Property Size1,816 SF
Lot Size0.15 Acres
Price / SF$330.40
Days on Market4
Property Features for 1132 Parkview Street lot 1130 & 1132 Parkview St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Appliances
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fully fenced front & back yards
washer/dryer hooks up in each unit
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Ferrari-Lund Real Estate Reno
(775) 688-4000
Listed By:
Harmony Hobbs · License NV S.199572
(775) 846-0922
Added: Nov 10
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 260014083
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.
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Investment Insights
Based on property information with market context.
This 1,816-square-foot duplex, built in 1970, sits on a 0.15-acre parcel and is currently tenant-occupied. Each unit has washer and dryer connections, and the front and back yards are fully fenced. Reported property improvements include a roof, gutters, hot water heaters, and interior paint. The residences also have ceiling fans, patios, electric ovens, and refrigerators.
The property is zoned Mf30 and has public water and sewer service. Parking is assigned. Interior access is subject to an accepted offer and required tenant notice.
The property is zoned Mf30 and has public water and sewer service. Parking is assigned. Interior access is subject to an accepted offer and required tenant notice.
Key Highlights
- Two‑unit property with 1,816 square feet of building area
- 0.15‑acre parcel with fully fenced front and back yards
- Roof, gutters, hot water heaters, and paint are reported as new
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,016
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,320
$540.3K
Cap Rate 7%
$385,943
$385.9K
Cap Rate 9%
$300,178
$300.2K
Market Conditions
NOI Build-Up for 1,816 SF
Gross rent
$40.3K $22.20/SF
− Vacancy
−$1.7K −$0.95/SF
EGI
$38.6K $21.25/SF
− OpEx
−$11.6K −$6.38/SF
NOI
$27.0K $14.88/SF
Area
Reno, NV
Vacancy
4.27%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,320
Cap Rate 7%
$385,943
Cap Rate 9%
$300,178
Alternative Uses
Best Use
Multifamily LT 5
$385.9K
$337.7K – $450.3K
NOI $27,016 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,465 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$559.7K
$489.7K – $653.0K
NOI $39,177 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
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Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Reno, NV
Properties on Market for Duplexes in Reno
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have washer and dryer connections, with assigned parking serving the property.
Where is this duplex located?
The property is located at 1132 Parkview Street lot 1130 & 1132 Parkview St Reno, NV.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑unit property with 1,816 square feet of building area; 0.15‑acre parcel with fully fenced front and back yards; Roof, gutters, hot water heaters, and paint are reported as new
