Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street— this unique property offers timeless character, versatility, and excellent investment potential. Each residence showcases the charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can’t be replicated in newer construction. Each residence also has a detached garage for parking and storage. 1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you’ll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom. Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno’s beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you’ll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom. Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you’re looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities. Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street — two residences, one exceptional Old Reno opportunity.
Property Details
Price:
$1,070,000
MLS #:
260011940
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Sierra Vista Tract
Listed Date:
Sep 16, 2026
Total Sq Ft:
4,344
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
1943
Units:
2
See this Listing
Schools
Elementary School:
Mt. Rose
Middle School:
Swope
High School:
Reno
Interior
Appliances
Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Flooring
Wood
Heating
Forced Air, Natural Gas
Laundry Features
In Unit
Levels
Two
Exterior
Construction Materials
Brick
Exterior Features
Awning(s), Rain Gutters
Fencing
Front Yard
Lot Features
Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Other Structures
None
Parking Features
Alley Access, Detached, Garage, Garage Door Opener
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Fire Alarm, Keyless Entry
Stories
1
Window Features
Double Pane Windows, Drapes, Rods, Vinyl Frames
Financial
Taxes
$2,392
Map
Community
- Address341 W Arroyo Street Reno NV
- SubdivisionSierra Vista Tract
- CityReno
- CountyWashoe
- Zip Code89509
Market Summary
Current real estate data for Multi Family in Reno as of Sep 24, 2026
23
Multi Family Listed
105
Avg DOM
$902,450
Avg List Price
Property Summary
- Located in the Sierra Vista Tract subdivision, 341 W Arroyo Street Reno NV is a Multi Family for sale in Reno, NV, 89509. It is listed for $1,070,000
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Courtesy of Chase International-Damonte. 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. 341 W Arroyo Street
Reno, NV
