One of three fourplex buildings available near the University of Nevada, Reno—an opportunity to purchase individually or explore a portfolio acquisition! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently occupied by long-term tenants. Each unit offers a functional floor plan, a wood-burning fireplace, and an assigned 1-car garage for additional parking and storage. Conveniently located near UNR, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to expand your investment portfolio with established tenancy. See Associated Documents for additional information, including cash flow details for each unit. Contact the listing agent for information about the two additional fourplexes and potential purchase options.
Property Details
Price:
$1,100,000
MLS #:
260012260
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Reno Foothills 1
Listed Date:
Sep 23, 2026
Total Sq Ft:
4,608
Lot Size:
17,337 sqft / 0.40 acres (approx)
Year Built:
1964
Units:
4
See this Listing
Schools
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
McQueen
Interior
Appliances
Dishwasher, Electric Range
Fireplaces Total
4
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Laundry Features
Varies By Unit
Levels
Two
Exterior
Attached Garage YN
1
Construction Materials
Brick Veneer, Wood Siding
Exterior Features
Balcony
Fencing
None
Lot Features
Cul-De-Sac
Other Structures
None
Parking Features
Attached, Garage
Parking Spots
8
Parking Total
8
Roof
Composition, Shingle
Security Features
Smoke Detector(s)
Spa Features
None
Stories
2
Window Features
Aluminum Frames, Blinds, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
Financial
Taxes
$2,735
Map
Community
- Address3271 Gypsum Road Reno NV
- SubdivisionReno Foothills 1
- CityReno
- CountyWashoe
- Zip Code89503
Market Summary
Current real estate data for Multi Family in Reno as of Oct 15, 2026
26
Multi Family Listed
99
Avg DOM
$891,687
Avg List Price
Property Summary
- Located in the Reno Foothills 1 subdivision, 3271 Gypsum Road Reno NV is a Multi Family for sale in Reno, NV, 89503. It is listed for $1,100,000
Similar Listings Nearby
Courtesy of Dickson Realty – Sparks. 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. 3271 Gypsum Road
Reno, NV