Discover the remarkable investment potential of this charming 4-bedroom, 3-bathroom property on Benjamin Franklin Drive in highly desirable Old Southwest Reno. This unique compound offers an incredible opportunity with its main house plus two additional guest residences, currently generating 6,000 monthly through short-term rental income. The 1,471 square foot main house features original hardwood floors throughout and updated kitchen flooring, creating the perfect blend of vintage character and modern functionality. The property’s multi-generational living potential makes it ideal for extended families or savvy investors seeking diverse income streams. Step outside to discover professionally maintained mature landscaping adorned with fruit trees and raised garden beds, creating a private oasis in the heart of the city. Chain link fencing thoughtfully separates the three properties, while convenient rear parking accommodates multiple vehicles. Each residence includes washer and dryer hookups, ensuring maximum convenience for residents or guests. The location couldn’t be more perfect for those seeking the best of Reno living. You’re walking distance from trendy coffee shops, restaurants, and shopping, while remaining close to downtown Reno, the vibrant Midtown district, and the scenic Truckee River. Nearby Idlewild Park and Crissie Caughlin Park provide abundant outdoor recreation opportunities, and the greenbelt offers peaceful walking paths right at your doorstep. Recent improvements include extensive septic system repairs and pumping, newer heating, ventilation, and air conditioning systems throughout, with mini splits and baseboard heat in the guest residences. New flooring in the guest homes adds to the property’s appeal, and all furnishings can be included for turnkey convenience. All three units have washer/dryer’s and refrigerators which are also included. The very back unit (the bungalow) has new windows. With established schools nearby, Reno Tahoe International Airport accessibility, and the seller providing detailed financial records, this property represents a rare find in today’s market. Whether you’re seeking a family compound, investment property, or unique rental opportunity, this Benjamin Franklin Drive gem delivers exceptional value and endless possibilities.
Property Details
Price:
$895,000
MLS #:
250053154
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
River Mount Park
Listed Date:
Jul 16, 2025
Finished Sq Ft:
1,471
Total Sq Ft:
1,471
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1952
See this Listing
Schools
Elementary School:
Gomm
Middle School:
Swope
High School:
Reno
Interior
Appliances
Additional Refrigerator(s), Dryer, Electric Cooktop, Electric Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Ceramic Tile, Laminate, Vinyl, Wood
Heating
Baseboard, Fireplace(s), Forced Air, Natural Gas
Laundry Features
In Garage, Washer Hookup
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
Guest House, Outbuilding, Residence, Second Residence, Shed(s)
Parking Features
Additional Parking, Garage, Garage Door Opener
Parking Spots
6
Roof
Asphalt
Security Features
Carbon Monoxide Detector(s), Fire Alarm, Keyless Entry, Smoke Detector(s)
Financial
Taxes
$1,641
Map
Community
- Address1755 Benjamin Franklin Drive Reno NV
- SubdivisionRiver Mount Park
- CityReno
- CountyWashoe
- Zip Code89509
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Market Summary
Current real estate data for Single Family in Reno as of Jul 21, 2025
813
Single Family Listed
72
Avg DOM
407
Avg $ / SqFt
$1,218,795
Avg List Price
Property Summary
- Located in the River Mount Park subdivision, 1755 Benjamin Franklin Drive Reno NV is a Single Family for sale in Reno, NV, 89509. It is listed for $895,000 and features 4 beds, 3 baths, and has approximately 1,471 square feet of living space, and was originally constructed in 1952. The current price per square foot is $608. The average price per square foot for Single Family listings in Reno is $407. The average listing price for Single Family in Reno is $1,218,795.
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