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1196 Virbel Lane

Reno, NV 89502
  • $575,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 260011879
$575,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

An exceptional turnkey duplex offering spacious residences, desirable amenities, and a fresh renovation! This well maintained property features two large 2 bedroom, 1 bathroom units, each complete with its own washer and dryer and private backyard. With a long history of strong rental demand, consistent occupancy, and reliable cash flow, this is an exciting opportunity for investors and owner occupants alike. Unit 1196 has been newly renovated and showcases sleek luxury vinyl plank flooring, fresh interior paint, new carpet, upgraded light fixtures, and a beautifully remodeled bathroom. The bathroom features a striking tile shower, tile flooring, new toilet, and a stylish new vanity, creating a fresh and contemporary feel throughout the residence. Both units offer generously sized floor plans and the added convenience of private in unit laundry. Each residence also enjoys its own spacious and private backyard, providing an amenity that is increasingly difficult to find in a duplex setting. The property also features a new water heater. With a proven history of stability, very strong tenant demand, and very limited vacancy, this property is truly turnkey and positioned for a seamless transition to its next owner. Conveniently located with easy access throughout Reno, this is a compelling opportunity to acquire a quality income-producing property with an established track record.

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Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-10-06T00:19:33.953.
www.nevada.properties/homes/181187509
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1196 Virbel Lane Reno, NV 89502

  • Price: $575,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 260011879
4
Beds
0
Baths
0
½ Baths
0.18
Acres
1963
Built
Neighborhood:
89502
County:
Washoe
Area:
89502
Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte
Property Description
An exceptional turnkey duplex offering spacious residences, desirable amenities, and a fresh renovation! This well maintained property features two large 2 bedroom, 1 bathroom units, each complete with its own washer and dryer and private backyard. With a long history of strong rental demand, consistent occupancy, and reliable cash flow, this is an exciting opportunity for investors and owner occupants alike. Unit 1196 has been newly renovated and showcases sleek luxury vinyl plank flooring, fresh interior paint, new carpet, upgraded light fixtures, and a beautifully remodeled bathroom. The bathroom features a striking tile shower, tile flooring, new toilet, and a stylish new vanity, creating a fresh and contemporary feel throughout the residence. Both units offer generously sized floor plans and the added convenience of private in unit laundry. Each residence also enjoys its own spacious and private backyard, providing an amenity that is increasingly difficult to find in a duplex setting. The property also features a new water heater. With a proven history of stability, very strong tenant demand, and very limited vacancy, this property is truly turnkey and positioned for a seamless transition to its next owner. Conveniently located with easy access throughout Reno, this is a compelling opportunity to acquire a quality income-producing property with an established track record.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Exterior Features None Foundation Details Crawl Space Parking Features Common Patio Yes Patio And Porch Features Patio Pool Features None Roof Composition Spa Features None Window Features Vinyl Frames

Interior Features

Accessibility Features [] Appliances DishwasherElectric OvenElectric RangeMicrowave Building Area Total 1800 Common Walls [] Cooling [] Cooling YN No Fireplace Features [] Fireplace YN No Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features In Unit Levels One Unit1 Baths Total 1 Unit2 Baths Total 1

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN Yes Fencing Back Yard Green Energy Generation [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan Lot Features Other Other Equipment [] Other Structures None Owner Pays None Parking Total 4 Property Sub Type Duplex Road Frontage Type [] Road Responsibility [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1129.86 Tenant Pays All Utilities Unit Type Type [] Unit1 Actual Rent 1600 Unit1 Unit Type 2 Bedroom Unit2 Actual Rent 1590 Unit2 Unit Type 2 Bedroom Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedWater Meter Installed Water Source Public Waterfront Features [] Zoning Mf30

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of RE/MAX Professionals-Reno: .

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-10-06T00:19:33.953.
 
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Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523