Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don’t miss this chance to own a well-located, income-producing property in the heart of the city!
Property Details
Price:
$560,000
MLS #:
250050287
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Listed Date:
May 23, 2025
Total Sq Ft:
1,800
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1963
Units:
2
See this Listing
Schools
Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte
Interior
Appliances
Electric Range, Refrigerator
Flooring
Carpet, Laminate, Vinyl
Heating
Wall Furnace
Laundry Features
Washer Hookup
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
None
Roof
Composition, Shingle
Security Features
Smoke Detector(s)
Financial
Taxes
$1,069
Map
Community
- Address1250 Virbel Lane Reno NV
- CityReno
- CountyWashoe
- Zip Code89502
Market Summary
Current real estate data for Multi Family in Reno as of Oct 03, 2025
33
Multi Family Listed
98
Avg DOM
$937,115
Avg List Price
Property Summary
- 1250 Virbel Lane Reno NV is a Multi Family for sale in Reno, NV, 89502. It is listed for $560,000
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Courtesy of Coldwell Banker Select Reno. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Northern Nevada Regional MLS. All rights reserved. 1250 Virbel Lane
Reno, NV