The median home value in Reno, NV is $600,000.
This is
higher than
the county median home value of $475,000.
The national median home value is $308,980.
The average price of homes sold in Reno, NV is $600,000.
Approximately 45% of Reno homes are owned,
compared to 45% rented, while
10% are vacant.
Reno real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Reno real estate agent to arrange a tour today!
Learn more about Reno.
Excellent investment opportunity in Midtown offering 8 units including a duplex and a 6-plex on one parcel. Duplex built in 1926; 2-bed/1-bath and 1-bed/1-bath - both units have laundry. 6-plex (built in 1963) consists of six 1-bed/1-bath units with good closet space. Potential for on-site laundry in the basement. All 8 units have designated off-street parking. Well maintained and a fantastic location in Midtown make these units desirable and easy to rent; close proximity to restaurants, shopping, nightlife, etc.. 6-plex averages between $1,022-$1,050 per unit. Duplex is $1,850/mo for 2-bed/1-bath and $1,422/mo for 1-bed/1-bath. Gross scheduled income is $113,592.
Rare mixed-use, owner-user, investment, and redevelopment opportunity near Downtown Reno. Situated on a prominent, level corner lot at West 2nd and Gardner Streets, this distinctive historic property combines existing residential income, flexible commercial space, substantial storage, and long-term development potential. The main floor and basement were most recently used as professional office and storage space. The main level has partially updated electrical, Ethernet wiring, a dedicated server closet, hardwired perimeter security cameras, and upgraded 200-amp electrical service. The existing layout may suit professional offices, creative space, live-work use, convert back to residential use, or other commercial purposes. Space beside the front entry steps may also accommodate a future ADA-accessible ramp. The second floor contains two residential units: a recently updated studio and a partially updated one-bedroom unit. The studio, main floor, and basement are vacant, offering flexibility for an owner-user, investor, or developer. The one-bedroom unit is leased through the end of the year. A detached three-car garage at the rear is currently used for storage. The basement provides additional storage and improvement potential, was previously used years ago as a 1 bedroom apartment. The property is zoned General Commercial, allowing potential for a broad mix of residential, office, retail, commercial, employment, and service-oriented uses. Buyers may consider adaptive reuse of the existing structure, expansion, or a larger ground-up project. Current zoning standards may permit residential density of up to 45 dwelling units per acre and building height up to 65 feet! Directly across Gardner Street is a Lumen fiber connection spanning San Francisco to New York as well as another fiber line connecting Reno to Southern California, this infrastructure may appeal to technology, communications, professional-service, or infrastructure-oriented users. A mature, city-maintained maple tree along the east side provides abundant shade and adds character to the property. Conveniently located near Downtown Reno, the Truckee River corridor, medical services, restaurants, employment centers, and regional transportation access. The property sits immediately outside the Keystone West border of the current Qualified Opportunity Zone. A new federal 10-year Qualified Opportunity Zone designation cycle is scheduled to begin January 1, 2027, which if included could allow for significant upside potential. A unique opportunity for an owner-user, investor, or developer seeking immediate utility, existing income, flexible occupancy, substantial storage, and long-term upside. Buyer and buyer's agent to independently verify zoning, permitted uses, residential unit legality, leases, square footage, development standards, utilities, fiber availability, and all information provided. Listing Agent and Listing Broker have an ownership interest in the property.
Versatile PO-Zoned Office Minutes from Midtown A 2,563 sq ft professional office building plus a separate 527 sq ft studio apartment on one PO-zoned parcel near Virginia Lake - a combination that's hard to find in central Reno. The main building has operated as a chiropractic practice and is well suited to continued medical, wellness, or professional office use. The business is not included in the sale, so the space delivers ready for a new owner-user. The upstairs offers genuine flexibility: additional treatment or office rooms, a second living space, or a separate suite to sublease for offsetting income. The detached 527 sq ft studio is a real advantage - owner or staff housing, a rental, or a quiet second workspace apart from the main building. Parking is often the constraint on properties like this. Here the asphalt lot has been freshly refinished, with substantial off-street parking for staff and clients. Location is the other draw. The property sits among established professional offices, service businesses, and multifamily housing, with Virginia Lake Park and its walking loop just minutes away. The Plumb Lane corridor puts Reno Public Market, grocery, dining, and everyday retail within easy reach, and Midtown's southern boundary at Plumb Lane begins just up the road - its restaurants, coffee shops, and independent retail a short drive north. Downtown Reno, the university, and I-80 follow on the same Virginia Street corridor. Owner-users, investors, and live-work buyers should take a look. Schedule your private tour today.
Located in the highly desirable Southwest Professional Centre, this impressive 4,562-square-foot office offers an outstanding opportunity for businesses seeking a professional, well-designed workspace in the heart of Southwest Reno. The thoughtfully designed floor plan offers generous office space, abundant storage, and a fully finished lower level complete with a private office and restroom - perfect for executive offices, additional workspace, secure storage, training, or countless other business needs. A rare three-car garage provides secure parking, extra storage, or space for vehicles, an amenity seldom found in commercial office properties. Opportunities like this don't come along often. All furnishings may be available separately. Buyers and Buyer's Agent to verify all information. Agents please see private remarks.
Prime development property in the Midtown district. This property is Zoned Mixed Use with unlimited potential. The sale consists of 3 parcels APN#S 012-234-20, 21 and 22. Property addresses include 1496 and 1500 S. Virginia St. Total lot size 1.24 Acres. The current 2 buildings are tenant occupied with a gross income off 9,600 dollars Monthly. Property is located in the Opportunity zone and in the Reno Development district, adding to the value of this property. Buyer and/or buyer's agent to confirm all information.
Prime redevelopment 0.409 AC (17,807 AF) parcel in the heart of Reno. Located in an Opportunity Zone, this mixed-use river-walk district (MU-RD) property allows for a variety of retail, office, and residential uses. All utilities are available on-site. The Bill Board (NAP) is located on the parcel and has a recorded easement for maintenance. The parcel is at the signaled intersection of Wells Ave and Kuenzli St., both major thoroughfares., The parcel is conveniently located and in close proximity to the Truckee River, Downtown Reno, UNR, I-80, and Hwy 395. An 800 SF concrete block building onsite is currently occupied by the Seller and operating as a convenience store. Although not formally listed as a business sale, all fixtures and inventory are included in the purchase at no additional cost. PLEASE DO NOT DISTURB BUSINESS. Call the Listing agent for additional info. MUDR - Located in an Opportunity Zone, this mixed-use river-walk district (MU-RD) property allows for a variety of retail, office, and residential uses.
A fully-occupied eight-unit multifamily property located in the heart of Midtown Reno. All eight units are 1-bedroom / 1-bathroom 540 sq ft floor plans, currently fully leased extending through 2026 and 2027. Making this an ideal, stabilized, hands-off play in one of Reno's most walkable neighborhoods. Property Highlights Fully occupied across all 8 units (per rent roll 06/08/2026) Uniform 1BR/1BA floor plans at 540 SF - easy to manage, easy to lease Most current leases extend into 2027 Prime Midtown location, walkable to restaurants, retail, and Truckee River
4-Bay Car Wash for Sale Located at 2125 Sutro St, Reno, NV 89512, this well-maintained car wash features four coin-operated wash bays priced at 3.00 per wash and 1.50 vacuums. The pitched roof was replaced 10 years ago, and the flat roof section has been properly maintained and silver coated. Land is included in the sale. Situated in a high-traffic, prime location, this property offers excellent visibility and steady demand. A must-see investment opportunity.
Updated 6-Unit Multifamily in Prime Northwest Reno - Investor's Dream Discover a rare opportunity to own a well-maintained *six-unit multifamily property* in one of Reno's most desirable neighborhoods. With four units already updated and strong rental appeal, this asset is ideal for investors seeking location, stability, and upside. ### Property Features - **Six spacious units** - Each approx. *682 sq ft*, offering comfortable 1-bedroom layouts. - **Updated interiors** - *Four units* have been updated with paint and new flooring - **Outdoor living** - *Downstairs units* include private back patios; *upstairs units* enjoy balconies with views. - **Fresh exterior** - Building was professionally painted in *2022*, enhancing curb appeal and reducing future maintenance. ### Location Highlights - Situated in *Northwest Reno*, a high-demand area known for its quiet streets and proximity to everything. - **Quick freeway access** - Ideal for commuters and professionals. - **Walkable convenience** - Just minutes from *grocery stores, pharmacies, schools,* and everyday essentials. ### Investment Appeal - Strong rental demand in the area with low vacancy rates. - Ideal for long-term hold or value-add strategy. - Zoned for top-rated schools and close to public transit.
Exceptional investment opportunity in the heart of Midtown Reno. This well-maintained 6-unit multi-family property offers the perfect blend of character, location, and long-term upside just moments from Wells Avenue, local restaurants, coffee shops, boutiques, and some of Reno's most vibrant neighborhood amenities. The property consists of a charming brick building featuring four 1-bedroom units, plus a separate 2-story duplex off the alley with two spacious 2-bedroom units and off-street parking. Ownership has continued to thoughtfully maintain and improve the property over time, with upgrades including newer roofs on both buildings, vinyl windows, furnace, hot water heater, and additional system improvements. Additional features include a shared laundry area, bike storage, and an unfinished basement offering additional storage space not included in the square footage. With one 2-bedroom unit and one 1-bedroom unit currently vacant, investors have immediate flexibility for market-rate leasing, owner-occupancy potential, or future value-add opportunities. Located in one of Reno's most walkable and rapidly evolving neighborhoods, this is a rare chance to own a multi-unit asset in highly desirable Midtown Reno with strong rental appeal and future growth potential.
Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
Well priced twelve-unit investment property with a proven track record of generating stable income. There are 4 buildings on site: a 4-plex a 2-plex, and two 3-plexes. Units range from studios to two-bedrooms, and two units have private yards. There is a fully fenced yard area in the center of the property. New roof installed on one 3-plex within the last two years. Close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.6 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating nearly one hundred and fifty thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is just over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
The Taylor Decos consists of 6 total units, on a large lot, boarding both the Renown Medical rental submarket in Reno, NV. This asset offers a popular unit mix of 6 two bedroom one bathroom, 793 sq ft units. The asset has received many recent renovations adding modern finishes which include LVP flooring, upgraded fixtures, new countertops, stainless steel appliances, tile shower and tub surrounds, modern lighting and much more. The property has onsite laundry but there is upside to adding in unit laundry and increasing rents. Owner financing available!!! The owner is willing to carry a new 1st deed of trust at 4 percent interest with 40 percent down with a full balloon in 3 to 5 years on approved credit of Buyer. The location provides great access to restaurants, retail shops, Renown Medical Center, major bus lines, and community events all just steps from their front door.
MILL STREET MEDICAL OFFICE (FOR SALE/LEASE) is a 2,488 square-foot medical office property located at 770 Mill St. , Reno, NV 89502. The property is strategically along the south line of Mill St. in Proximity to Renown medical campus. MILL STREET MEDICAL OFFICE (FOR SALE/LEASE) underwent recent upgrades in the form of a new office renovation, flooring & HVAC. The commercial zoning designation is flexible, opening options for medical or office users. The building will be vacant, presenting the chance for a user to customize the space to meet their business needs. MILL STREET MEDICAL OFFICE Lease rate negotiable.
3855 Glen Street presents a rare opportunity to acquire a new-construction office/warehouse asset in Reno's central 89502 corridor. Estimated for completion in January 2027, the property is designed for an owner-user or investor seeking a polished professional presence with substantial operational capacity. The building will offer approximately 15,481 SF total, including +/- 10,434 SF of warehouse area, +/- 1,618 SF of finished first-floor office/support core, and +/- 3,429 SF of finished second-floor office area. Includes 350 amp service and has been approved to be expanded to 800 amp service. The 1.58-acre parcel includes planned paved circulation, approximately 42 striped parking spaces shown on the current site plan, and potential for approximately 6,600 SF of future rear expansion, subject to final design, approvals, and buyer needs. Modern exterior design, a two-story office frontage, reception/lobby areas, private offices, meeting room, break areas, restrooms, and roll-up warehouse access create a balanced flex-industrial facility suited for contractors, service companies, light distribution, specialty trades, fleet-based users, and regional businesses. ME zoning and quick access to I-580/US-395, Reno-Tahoe International Airport, Sparks, Downtown Reno, and the Tahoe-Reno Industrial Center further strengthen the offering.
Prime Redevelopment Opportunity Near UNR, located at both 400 & 0 Minerva Lane, Reno, NV. Just minutes from the University of Nevada, Reno, and downtown's growth corridor, this rare dual-parcel property offers a prime infill redevelopment opportunity. Spanning 0.435 acres ( 18,945 sq.ft.) across two contiguous parcels (APNs 007-201-22 & 007-201-23 being sold together) with an existing 2,939 sq.ft. structure with 3 units, the site is zoned MF-30 within the West University Neighborhood Plan Overlay, ideal for boutique multi-family development. comprised of a duplex main house with 2 Bed/1 Bath Upstairs/2 Bed/1 Bath Downstairs and a separate detached 1 Bedroom/Bath. The downstairs unit is currently occupied by a tenant paying 950 per month and covering all utilities for the property. Under current zoning, developers can build up to 13 units, with substantial density bonuses available under RMC 18.04.504 (Note: Actual density capacity is subject to verification through slope analysis and may be reduced if the site is classified as hillside development): Up to 23 units possible for smaller ( under 800 sq.ft.) unit designs (80 percent Bonus Density). Up to 18 units for mid-sized (under 1,000 sq.ft.) layouts (45 percent Bonus Density). Up to 17 units for larger (under 1,200 sq.ft.) formats (35 percent Bonus Density). Whether you envision modern student housing, stylish urban apartments, or a mixed-use living community, this site delivers flexibility, scale, and proximity to one of Reno's strongest rental markets. With walkable access to UNR, restaurants, and downtown amenities, this property provides exceptional flexibility for student housing, urban apartments, or a mixed-use project in one of Reno's most desirable rental markets.
High-visibility property with the future Kaiser Permanente medical development positioned directly across the street! This 1,068 sq. ft. standalone stucco building is zoned Mixed Use, allowing for both residential and commercial opportunities. Previously home to Desert Locksmiths, the property is ideal for a wide range of business ventures. Positioned in a high-traffic area, it offers excellent exposure to passing cars and pedestrians alike. Features include an ADA-compliant entrance ramp, enclosed front porch for added security, and full perimeter fencing. Inside, you'll find a counter front and multiple flexible spaces ready to be tailored to your needs. A tenant credit is being offered toward an A/C replacement, making it easier to start your vision off right. With prime visibility, convenience, and adaptability, this property is truly a rare find - opportunity awaits!
Seize the opportunity to own this versatile mixed-use building in the highly coveted Midtown Reno area. This two-story property offers a unique blend of commercial and residential zoning, making it an ideal investment for entrepreneurs, investors, or businesses. The building can accommodate a variety of businesses. It has a prime location, ample parking, and potential for future development. Plenty of room to build a residential building on the lot behind. So much untapped value in this property. The main level is currently available for lease, and to optimize current rental rates. The upstairs features a welcoming reception area, perfect for greeting clients and guests. One large space and one office are available for rent, offering flexibility for new tenants or businesses looking to expand. One upstairs space is currently rented on a month-to-month lease. All of the spaces are large, well-lit, and adaptable to professional needs. Businesses such as karate studios, nail salons, spas, therapists, and dance studios have occupied the spaces over the past 20 years. The property features a generous lot at the back, currently used for parking. This space can accommodate multiple vehicles, and the street also offers parking, ensuring convenience for tenants and clients. The large lot offers significant development opportunities. Depending on county regulations, this space could be transformed into a multi-family building or another office structure, maximizing the property value and utility. With an established tenant and multiple available office spaces, this property offers immediate rental income with growth potential, benefiting from easy access to a vibrant community. Midtown is known for its eclectic mix of shops, dining, and entertainment options, making it a highly desirable area for both businesses and residents. There is the possibility of living upstairs and running your business downstairs, offering a very unique opportunity in a highly walkable area. Seller has installed a new A/C system on both floors, including new condensers.
POTENTIAL AND OPPRTUNITY!!! This location is part of Midtown Reno. It is a popular district known for its unique shops, restaurants, art galleries, and vibrant atmosphere. It is located south of downtown Reno and is a popular destination for both locals and tourists. Midtown has undergone a significant revitalization, transforming from a neglected area into a thriving hub of activity. The area is known for it's locally owned businesses, historic buildings and art walks. Midtown is considered a homegrown eclectic neighborhood with a mix of old and new offering a unique experience. Start your own business and have access to your own parking lot that could potentially hold at least a dozen cars. This charming remodeled building with hardwood planks, ceramic tile in bathroom, freshly painted and new windows. Garage access to basement. Over 2100 sq ft of useable space.
Don't miss this fantastic opportunity to acquire a high-visibility, independent retail facility. Strategically located with high foot traffic and a well-established business presence in the heart of Reno. Currently occupied by the seller and running as a highly profitable restaurant and convenience shop. If you are interested in the business as part of the building acquisition, we can discuss that separately. PLEASE DO NOT DISTURB THE BUSINESS OWNERS., If interested in the business as part of the land/building purchase, that will be negotiated separately. PLEASE DO NOT DISTURB THE BUSINESS OWNERS Call the listing agent for an appointment.
Unlock Ownership in Your Exclusive Storage Solution. Say goodbye to renting and elevate to ownership in high-end storage. Designed for boats, RVs, vehicles, and beyond, This LUXE UNIT offers a generous 15" X 50' space within a secure gated community, guaranteeing top-tier security and ease of access. Perfect for personal use or savvy investors, these deluxe storage condos epitomize the ultimate storage solution., Unmatched Features for the Discerning Owner! Each storage unit is sold individually as a commercial condo, providing a valuable asset that doubles as an excellent rental opportunity. State-of-the-Art Security and Amenities: Sewer Dump, wash bay, common bathrooms, showers, trash and is managed by a dedicated owners association. STANDARD units will have 110v electrical, LED lighting, insulated garage doors, but not ambient Temperature controlled and in addition the LUXE units will have ambient temp control and 30 Amp service. Photos are only a similar representation of the units. Property Taxes and CAM Fee are TBD. Currently Under Construction. There are video and recording devices on site
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