Tucked beside a private lake on a quiet West Reno road, this rare property offers two separate homes on a spacious 0.59-acre lot. Enjoy peaceful surroundings, open space, and the charm of having your own retreat just minutes from town. Whether you’re looking for a primary residence with additional income, multi-generational living, or an investment, this property delivers flexibility and a setting that’s hard to replicate. Conveniently located with easy freeway access and just 30 minutes to Lake Tahoe and world-class ski resorts. One home is currently vacant, offering immediate move-in or rental opportunity, while the other provides in-place income. Remodeled 2 bed / 1 bath and 3 bed / 2 bath homes with separate parking, shared well and septic, and tenants paying all utilities.
Property Details
Price:
$995,000
MLS #:
260005344
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
Income
Listed Date:
May 1, 2026
Total Sq Ft:
1,952
Lot Size:
26,015 sqft / 0.59 acres (approx)
Year Built:
1963
Units:
2
See this Listing
Schools
Elementary School:
Warner
Middle School:
Clayton
High School:
Reno
Interior
Appliances
Electric Range
Cooling
Varies By Unit
Fireplaces Total
1
Flooring
Carpet, Ceramic Tile
Heating
Forced Air, Wall Furnace
Laundry Features
In Unit, Washer Hookup
Levels
One
Exterior
Attached Garage YN
1
Construction Materials
Wood Siding
Exterior Features
None
Fencing
Front Yard, Partial
Lot Features
Adjoins Lake, Landscaped, Level
Other Structures
None
Parking Features
Attached, Garage, RV Access/Parking, Varies by Unit
Roof
Composition, Pitched, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
None
Stories
1
Window Features
Double Pane Windows, Metal Frames, Vinyl Frames
Financial
Taxes
$1,642
Map
Community
- Address700 Twin Lakes Drive Reno NV
- CityReno
- CountyWashoe
- Zip Code89523
Market Summary
Current real estate data for Multi Family in Reno as of May 04, 2026
18
Multi Family Listed
93
Avg DOM
$841,544
Avg List Price
Property Summary
- 700 Twin Lakes Drive Reno NV is a Multi Family for sale in Reno, NV, 89523. It is listed for $995,000
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Courtesy of RE/MAX Professionals-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 2026. Northern Nevada Regional MLS. All rights reserved. 700 Twin Lakes Drive
Reno, NV