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1250 Virbel Lane

Reno, NV 89502
  • $560,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 250050287
$560,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the heart of the city!

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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: 2025-06-14T00:19:55.377.
www.vaulethomes.com/homes/164166211
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1250 Virbel Lane Reno, NV 89502

  • Price: $560,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 250050287
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1963
Built
Neighborhood:
89502
County:
Washoe
Area:
89502
Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte
Property Description
Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the heart of the city!
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Exterior Features None Foundation Details Crawl Space Parking Features None Patio And Porch Features [] Pool Features None Roof CompositionShingle Spa Features [] Window Features BlindsDouble Pane Windows

Interior Features

Accessibility Features [] Appliances Electric RangeRefrigerator Building Area Total 1800 Common Walls [] Cooling [] Cooling YN No Fireplace Features [] Fireplace YN No Flooring CarpetLaminateVinyl Heating Wall Furnace Heating YN Yes Interior Features [] Laundry Features Washer Hookup Levels One Unit1 Baths Total 2

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Fencing Back Yard Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features Corner Lot Other Equipment [] Other Structures None Owner Pays WaterTrash CollectionSewer Property Sub Type Duplex Road Frontage Type [] Road Responsibility [] Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Agent Owned Tax Annual Amount 1068.96 Tenant Pays GasElectricity Unit Type Type [] Unit1 Actual Rent 1600 Unit1 Unit Type 2 Bedroom Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public Waterfront Features [] Zoning MF30

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Coldwell Banker Select Reno: .

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: 2025-06-14T00:19:55.377.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502