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1196 Virbel Lane Reno NV 89502 | MLS #260011879

1196 Virbel Lane
Reno, NV, 89502
$575,000
4 Beds
2 Baths
0 SqFt
0.18 Acres
MLS #260011879 image #0
An exceptional turnkey duplex offering spacious residences, desirable amenities, and a fresh renovation! This well maintained property features two large 2 bedroom, 1 bathroom units, each complete with its own washer and dryer and private backyard. With a long history of strong rental demand, consistent occupancy, and reliable cash flow, this is an exciting opportunity for investors and owner occupants alike. Unit 1196 has been newly renovated and showcases sleek luxury vinyl plank flooring, fresh interior paint, new carpet, upgraded light fixtures, and a beautifully remodeled bathroom. The bathroom features a striking tile shower, tile flooring, new toilet, and a stylish new vanity, creating a fresh and contemporary feel throughout the residence. Both units offer generously sized floor plans and the added convenience of private in unit laundry. Each residence also enjoys its own spacious and private backyard, providing an amenity that is increasingly difficult to find in a duplex setting. The property also features a new water heater. With a proven history of stability, very strong tenant demand, and very limited vacancy, this property is truly turnkey and positioned for a seamless transition to its next owner. Conveniently located with easy access throughout Reno, this is a compelling opportunity to acquire a quality income-producing property with an established track record.

Property Details

Price:
$575,000
MLS #:
260011879
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Listed Date:
Sep 14, 2026
Total Sq Ft:
1,800
Lot Size:
7,642 sqft / 0.18 acres (approx)
Year Built:
1963
Units:
2
SmithridgePineDamonte

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Schools

Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte

Interior

Appliances
Dishwasher, Electric Oven, Electric Range, Microwave
Flooring
Carpet, Laminate
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Laundry Features
In Unit
Levels
One

Exterior

Construction Materials
Wood Siding
Exterior Features
None
Fencing
Back Yard
Lot Features
Other
Other Structures
None
Parking Features
Common
Parking Spots
4
Parking Total
4
Patio And Porch Features
Patio
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
None
Stories
1
Window Features
Vinyl Frames

Financial

Taxes
$1,130

Map

Community

Market Summary

Current real estate data for Multi Family in Reno as of Sep 15, 2026
18
Multi Family Listed
128
Avg DOM
$945,408
Avg List Price

Property Summary

    1196 Virbel Lane Reno NV is a Multi Family for sale in Reno, NV, 89502. It is listed for $575,000

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