Search
Remodeled Brick Duplex
For Sale
$950,000

505 Walker Ave, Reno, NV 89509

Two-unit brick property with updated systems and flexible owner-occupant or rental configuration.

Property Size1,526 SF
Price / SF$622.54
Days on Market9

Property Features for 505 Walker Ave

General Information

Standard status Active
Size 1,526 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1950
Construction brick
Listing Agency: Redfin
Listed By: Deni Wilson RE Team
Source: Renotahoenvlistings
Added: Aug 21 Changed: Aug 27 Last Checked: Aug 28 at 10:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin

Investment Insights

Based on property information with market context.

This 1,526 SF brick duplex was built in 1950 and has undergone extensive remodeling. The property contains two units, including a two-bedroom, 1.5-bath layout with a furnished mid-term rental history. Improvements include HVAC, electrical, plumbing, sewer, kitchens, bathrooms, flooring, appliances, and landscaping.

The property is located in Reno’s Old Southwest neighborhood, directly across from Plumas Park and minutes from Midtown. Its configuration supports multiple occupancy approaches, including owner use, a home office, or residential income operations. Zoning also allows redevelopment for up to four units, subject to City approval and applicable development standards.

Key Highlights

  • 1,526 SF brick duplex built in 1950
  • Two units with a two‑bedroom, 1.5‑bath layout
  • Extensive updates to HVAC, electrical, plumbing, sewer, kitchens, bathrooms, flooring, and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,536
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?
Duplex - Two-unit brick property with updated systems and flexible owner-occupant or rental configuration.
Where is this duplex located?
The property is located at 505 Walker Ave Reno, NV.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,526 SF brick duplex built in 1950; Two units with a two‑bedroom, 1.5‑bath layout; Extensive updates to HVAC, electrical, plumbing, sewer, kitchens, bathrooms, flooring, and appliances
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