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3271 Gypsum Road Reno NV 89503 | MLS #260012260

3271 Gypsum Road
Reno, NV, 89503
$1,100,000
8 Beds
4 Baths
0 SqFt
0.4 Acres
MLS #260012260 image #0MLS #260012260 image #1MLS #260012260 image #2MLS #260012260 image #3MLS #260012260 image #4MLS #260012260 image #5
FOURPLEX INVESTMENT OPPORTUNITY NEAR UNR! Excellent investment opportunity near the University of Nevada, Reno! This well-located fourplex features four spacious 2-bedroom, 1-bathroom residences, each offering an oversized living room with a wood-burning fireplace, a functional galley kitchen with a dining nook, generously sized bedrooms, an assigned one-car garage, and additional private storage. All units seperatly metered, there is a fifth meter for water/power for the Laundry room. For added tenant convenience, the property offers an on-site coin-operated washer and dryer. All four units are currently occupied by long-term tenants, providing an established rental history and income potential. Ideally situated near UNR, shopping, dining, public transportation, and everyday amenities, this property presents an excellent opportunity for investors looking to expand their real estate portfolio. ADDITIONAL INVESTMENT OPPORTUNITY! Two additional fourplexes are available for purchase, offering the potential to acquire up to 12 units as part of a bundled investment. See Associated Documents for additional property information, including individual unit cash flow details. Contact the listing agent for details on the two additional fourplexes and potential package 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
Reno Foothills 1ElmcrestClaytonMcqueen

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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

Net Operating Income
$46,109
Taxes
$2,735

Map

Community

Subdivisions in Reno

Market Summary

Current real estate data for Multi Family in Reno as of Nov 05, 2026
25
Multi Family Listed
94
Avg DOM
$894,734
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

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