Residential Income

Reno, NV Residential Income Properties for Sale

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Three-Building Multifamily Property
Updated: Aug 15
Three-Building Multifamily Property

1002 S Arlington Avenue, Reno, NV 89509

$2,323,000
6,500 sqft 0.29 AC lot
Three buildings across two parcels totaling 0.29 acres
6,500 square feet of property size
Four‑unit apartment building with two 3‑bedroom and two 2‑bedroom units
Each apartment includes a full kitchen, full bathroom, individual water heater, and furnace
1002 S. Arlington Avenue parcel is zoned MF‑14
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Two-Residence Duplex with Garages
Updated: Sep 14
Two-Residence Duplex with Garages

341 W Arroyo Street, Reno, NV 89509

$1,070,000
4,344 sqft 0.16 AC lot
Two separate residences at 341 W Arroyo Street and 1261 Forest Street
4,344 square feet on a 0.16‑acre lot
Each residence offers 2 bedrooms, 1 full bathroom, kitchen, and living room
Each residence includes approximately 1,000 square feet of upstairs living space
Detached garage for each residence; 1261 Forest also has covered parking
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4-Unit Quadplex With Garages
4-Unit Quadplex With Garages

3271 Gypsum Road, Reno, NV 89503

$1,100,000
4,608 sqft 0.40 AC lot

Four occupied homes feature two-bedroom layouts, wood-burning fireplaces, and individual garage parking.

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Quadplex with Private Garages
Quadplex with Private Garages

Reno, NV 89509

$1,431,000
6,074 sqft

The property combines a 1945 front residence with newer, three-level units featuring balconies and private outdoor areas.

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8-Unit Apartment Property
8-Unit Apartment Property

357 Roberts Street, Reno, NV 89502

$1,695,000
5,128 sqft 0.24 AC lot

A duplex and six-unit building share one parcel, with individual off-street parking assigned to every residence.

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Historic Triplex
Historic Triplex

69 Washington Street, Reno, NV 89503

$1,295,000
2,589 sqft 0.11 AC lot

Three self-contained spaces include updated kitchens, bathrooms, and laundry facilities, with separate amenities on the upper floor.

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Duplex with Private Backyards
Duplex with Private Backyards

1196 Virbel Lane, Reno, NV 89502

$575,000
1,800 sqft 0.18 AC lot

Two residences provide in-unit laundry, patios, and separate outdoor areas.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

1101 E Taylor St, Reno, NV 89502

$1,725,000
4,760 sqft

Six two-bedroom, one-bath units feature recent renovations and onsite laundry, with owner financing available.

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Corner Mixed-Use Property
Corner Mixed-Use Property

1105 W 2nd Street, Reno, NV 89503

$1,250,000
3,700 sqft 0.34 AC lot

The 1935 building combines vacant office and storage areas with two residential units and a detached three-car garage.

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Duplex With Separate Homes
Duplex With Separate Homes

363 Roberts Street, Reno, NV 89502

$645,000
2,192 sqft 0.16 AC lot

Two residences occupy a single Midtown Reno parcel.

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Historic Three-Unit Property
Historic Three-Unit Property

69 Washington Street, Reno, NV 89503

$1,295,000
2,589 sqft 0.11 AC lot

Three self-contained living areas combine historic interior finishes with extensive electrical, plumbing, and HVAC upgrades.

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3-Unit Multifamily Property
3-Unit Multifamily Property

420 Holcomb Avenue, Reno, NV 89502

$425,000
1,655 sqft 0.13 AC lot

Three separate buildings sit within an MF30-zoned property requiring substantial renovation.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

452 Holcomb Avenue, Reno, NV 89502

$499,000
1,524 sqft 0.09 AC lot

Three separate buildings each contain a one-bedroom, one-bathroom residence.

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12-Unit Apartment Building
12-Unit Apartment Building

921 Willow Street 911-921, Reno, NV 89502

$1,862,000
5,549 sqft

Four-building multifamily property with updated units, private yards, and a central fenced outdoor area.

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Four-Unit Quadplex with New Roof
Four-Unit Quadplex with New Roof

675 Denslowe Drive, Reno, NV 89512

$680,000
2,858 sqft 0.14 AC lot

Fully occupied multifamily property with public water, public sewer, and natural gas heating.

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12-Unit Multifamily Property
12-Unit Multifamily Property

921 Willow Street, Reno, NV 89502

$1,862,000
5,549 sqft 0.29 AC lot

Multiple buildings offer studio and two-bedroom units with fenced common outdoor space.

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Remodeled Duplex on Corner Lot
Remodeled Duplex on Corner Lot

1104 Ralston, Reno, NV 89503

$1,325,000
3,510 sqft 0.28 AC lot

The property includes MF14 zoning, private on-site parking, and in-unit laundry.

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Nine-Unit Apartment Buildings
Nine-Unit Apartment Buildings

747 Willow Street, Reno, NV 89502

$1,350,000
3,822 sqft 0.18 AC lot

Three-building multifamily property with MU zoning, updated units, and public water and sewer service.

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Quadplex with Private Entrances
Quadplex with Private Entrances

650 Denslowe Dr, Reno, NV 89512

$740,000
2,966 sqft

Four two-bedroom units include separate front and rear entrances, with balconies serving both upper-level residences.

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Mountain Lodge with Multiple Building Sites
Mountain Lodge with Multiple Building Sites

20102 Hibbet Trail, Reno, NV 89511

$2,700,000
3,400 sqft 40.00 AC lot

A 3-bed, 3-bath A-frame lodge on four parcels with solar and hydro power plus multiple building sites.

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Remodeled Fourplex with Courtyard
Remodeled Fourplex with Courtyard

50 Berrum Pl, Reno, NV 89509

$1,090,000
2,548 sqft

Four updated residences feature refreshed interiors and individual washer-and-dryer sets.

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MF-30 Multifamily Redevelopment Site
MF-30 Multifamily Redevelopment Site

400 Minerva Lane, Reno, NV 89503

$749,000
2,939 sqft 0.44 AC lot

Two contiguous parcels near UNR include an existing three-unit structure and public water and sewer service.

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6-Unit Apartment Building
6-Unit Apartment Building

251 E Arroyo St, Reno, NV 89502

$1,175,000
3,677 sqft

Brick apartment property with a separate two-story duplex and off-street parking.

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Quadplex with Private Balconies
Quadplex with Private Balconies

650 Denslowe Drive lot: A, B, C, D, Reno, NV 89512

$740,000
2,966 sqft 0.14 AC lot

Four residential units provide two-bedroom layouts, separate front and rear entrances, and established tenancy.

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Reno, NV Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Reno, NV, showcased through 64 active listings on our real estate platform. These investment opportunities span a total of 283,642 square feet of properties for sale, with an estimated market value of $106,100,000.

Sale prices for residential income properties in Reno, NV start at $399,000, averaging $1,894,642, and reaching up to $42,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 63
Apartment buildings 25
Duplexes 21
Quadplexes 10
Triplexes 5

Demographics Overview

Population 323K
Population Growth (5Y) +7.0%
Median Household Income $87,673
College Educated 32.3%

High-Yield Neighborhoods for Investment

Identify Reno submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
89512 $931.1K
89503 $1.2M
89509 $1.3M
89501 $1.7M
89523 $2.3M

Taxes & Financing

Tax Rate (average for all types) 2.36%
Property Tax per SF $48.20 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washoe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

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