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Duplex Portfolio with Basement Space
For Sale
Contact for pricing
Pending

138 Keystone Ave, Reno, NV 89503

Paired residential properties offer four units, basement areas, and MD-PD mixed-use zoning.

Property SizeContact for details
Days on Market142

Property Features for 138 Keystone Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Avison Young - Reno
Listed By: James "Rick" Lamay · License #NV 0008856
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 4:49AM

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 Avison Young - Reno

Investment Insights

Based on property information with market context.

This offering includes duplex properties at 138 Keystone Ave and 144 Keystone Ave, with two residential units at each address. Both properties feature a two-bedroom, one-bath unit and a one-bedroom, one-bath unit, along with basement space in varying finished and unfinished configurations.

The 138 Keystone Ave property contains approximately 1,706 square feet across its buildings, including a 1,050-square-foot first building with a 980-square-foot unfinished basement and a 656-square-foot second building with an 816-square-foot unfinished basement. At 144 Keystone Ave, the buildings total approximately 1,768 square feet, with a 1,168-square-foot first building, 504 square feet of finished basement, 560 square feet of unfinished basement, and a 600-square-foot second building with 600 square feet of finished basement. Each parcel is approximately 0.145 acres and carries MD-PD zoning, identified as the Mixed-Use Downtown Powning Dist.

Key Highlights

  • Two duplex properties included: 138 Keystone Ave and 144 Keystone Ave
  • 138 Keystone Ave totals approximately 1,706 square feet across two buildings
  • 144 Keystone Ave totals approximately 1,768 square feet across two buildings

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Butcher Electrical Service Buffet

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

3,657
Businesses Nearby

Demographics for 89503, NV

28,737
Population
13,938
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,635
Density / Sq Mi
$66,956
Median Household Income
$37,352
Median Earnings
$1,336
Median Rent
$441,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Paired residential properties offer four units, basement areas, and MD-PD mixed-use zoning.
Where is this duplex located?
The property is located at 138 Keystone Ave Reno, NV.
What are key features of this property?
This property features: Two duplex properties included: 138 Keystone Ave and 144 Keystone Ave; 138 Keystone Ave totals approximately 1,706 square feet across two buildings; 144 Keystone Ave totals approximately 1,768 square feet across two buildings
More about this property
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