Investor opportunity! This property offers tremendous potential for investors, flippers, and contractors. This property boasts MF30 zoning allowing for potentially up to 4 units (buyer to verify). Originally a 2-bedroom, 1-bath home, the seller began redesigning the layout with a plan to create a duplex with a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. The proposed redesign would add approximately 400 square feet to the existing 1,407 square feet. The property features a newer roof, new windows, and partial siding replacement. Bring your vision and unlock this property’s potential.
Property Details
Price:
$265,000
MLS #:
260007538
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jun 12, 2026
Finished Sq Ft:
1,407
Total Sq Ft:
1,407
Lot Size:
7,205 sqft / 0.17 acres (approx)
Year Built:
1946
See this Listing
Schools
Elementary School:
Sierra Vista
Middle School:
Traner
High School:
Hug
Interior
Appliances
None
Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Luxury Vinyl, Wood
Heating
None
Interior Features
Primary Downstairs
Laundry Features
None
Levels
One
Exterior
Common Walls
No Common Walls
Exterior Features
None
Fencing
Back Yard
Lot Features
Level
Other Structures
Shed(s)
Parking Features
None
Patio And Porch Features
None, Patio
Roof
Composition, Pitched, Shingle
Spa Features
None
Stories
1
Window Features
Double Pane Windows, Vinyl Frames
Financial
Taxes
$739
Map
Community
- Address1985 Valley Road Reno NV
- CityReno
- CountyWashoe
- Zip Code89512
Market Summary
Current real estate data for Single Family in Reno as of Jun 13, 2026
559
Single Family Listed
61
Avg DOM
435
Avg $ / SqFt
$1,315,338
Avg List Price
Property Summary
- 1985 Valley Road Reno NV is a Single Family for sale in Reno, NV, 89512. It is listed for $265,000 and features 2 beds, 1 baths, and has approximately 1,407 square feet of living space, and was originally constructed in 1946. The current price per square foot is $188. The average price per square foot for Single Family listings in Reno is $435. The average listing price for Single Family in Reno is $1,315,338.
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Courtesy of TrueNest Properties. 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 2026. Northern Nevada Regional MLS. All rights reserved. 1985 Valley Road
Reno, NV