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1145 Kirman Avenue

Reno, NV 89502
  • $389,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 250051860
UPDATED: 53 min ago
$389,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income. Investment Highlights: Dual Income Potential: With projected rental incomes of $2,250 for the upper unit and$2,000 for the lower unit, you can realize strong returns as you complete the necessary renovations. Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements. Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants. Prime Location: Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home. Don't Miss Out: this price is only $173.97 per square foot... Whether you're an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment. Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!

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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-09T21:20:04.253.
www.vaulethomes.com/homes/165140879
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1145 Kirman Avenue Reno, NV 89502

  • Price: $389,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 53 min ago
  • MLS #: 250051860
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1959
Built
Neighborhood:
89502
County:
Washoe
Area:
89502
Elementary School:
Veterans
Middle School:
Vaughn
High School:
Wooster
Property Description
Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income. Investment Highlights: Dual Income Potential: With projected rental incomes of $2,250 for the upper unit and$2,000 for the lower unit, you can realize strong returns as you complete the necessary renovations. Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements. Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants. Prime Location: Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home. Don't Miss Out: this price is only $173.97 per square foot... Whether you're an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment. Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!
Exterior Features

Attached Garage YN Yes Breezeway Yes Construction Materials BrickBrick VeneerICAT Recessed LightingVertical SidingWood Siding Exterior Features None Foundation Details Slab Open Breezeway Yes Parking Features Alley AccessAttachedParking PadTandem Patio Yes Patio And Porch Features Patio Pool Features None Roof CompositionPitched Spa Features None Window Features Aluminum FramesDouble Pane Windows

Interior Features

Accessibility Features [] Appliances DishwasherElectric Range Building Area Total 2236 Common Walls [] Cooling [] Cooling YN No Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 2 Flooring ConcreteTileWood Heating None Heating YN No Interior Features [] Laundry Features In Unit Levels Two Unit1 Baths Total 2 Unit2 Baths Total 2 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing None Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCash Lot Features Corner LotLandscapedLevel Other Equipment [] Other Structures None Owner Pays [] Parking Total 4 Property Sub Type Duplex Road Frontage Type [] Road Responsibility [] Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Agent Owned Tax Annual Amount 733.36 Tenant Pays All Utilities Unit Type Type [] Unit1 Actual Rent 2200 Unit1 Unit Type 3 Bedroom Unit2 Actual Rent 2200 Unit2 Unit Type 3 Bedroom Utilities Electricity ConnectedInternet ConnectedNatural Gas Not AvailablePhone ConnectedSewer ConnectedWater ConnectedCellular CoverageWater Meter Installed Water Source Public Waterfront Features [] Zoning MF14

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Greathouse Real Estate: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-09T21:20:04.253.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502