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Renovated University Duplex
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1449 Hillside Dr, Reno, NV 89503

Two updated residences offer distinct layouts, modern finishes, and on-site and street parking near the university campus.

Property SizeContact for details
Days on Market142

Property Features for 1449 Hillside Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CBRE Reno
Listed By: Ben Galles · License #S.47543
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:50PM

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 CBRE Reno

Investment Insights

Based on property information with market context.

This duplex comprises two renovated residences measuring 1,677 square feet and 1,118 square feet. The larger unit includes three bedrooms, while the smaller residence offers two bedrooms. Interior improvements include stainless steel appliances, solid-surface countertops, shaker cabinetry, and LVP flooring. Exterior work added fresh paint, updated fencing, low-maintenance landscaping, and decking.

The property is at 1449 Hillside Drive in Reno’s University Submarket, near the University of Nevada, Reno, S. Virginia Street, McCarran Boulevard, and Interstate 80. On-site and street parking provide alternatives to university parking passes. Both units are described as operating at market rents.

Key Highlights

  • Two‑unit property with residences of 1,677 square feet and 1,118 square feet
  • Unit mix includes a three‑bedroom residence and a two‑bedroom residence
  • Major interior and exterior renovation completed

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Spa & Massage Center Bakery Accounting Firm

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

748
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences offer distinct layouts, modern finishes, and on-site and street parking near the university campus.
Where is this duplex located?
The property is located at 1449 Hillside Dr Reno, NV.
What are key features of this property?
This property features: Two‑unit property with residences of 1,677 square feet and 1,118 square feet; Unit mix includes a three‑bedroom residence and a two‑bedroom residence; Major interior and exterior renovation completed
(775) 356-6118 Call to check price and availability
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