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3271 Gypsum Road

Reno, NV 89503
  • $1,100,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 260012260
UPDATED: 106 min ago
$1,100,000
  • 8
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

One of three fourplex buildings available near the University of Nevada, Reno—an opportunity to purchase individually or explore a portfolio acquisition! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently occupied by long-term tenants. Each unit offers a functional floor plan, a wood-burning fireplace, and an assigned 1-car garage for additional parking and storage. Conveniently located near UNR, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to expand your investment portfolio with established tenancy. See Associated Documents for additional information, including cash flow details for each unit. Contact the listing agent for information about the two additional fourplexes and potential purchase options.

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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: 2026-10-17T00:19:37.973.
www.nevada.properties/homes/181487230
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3271 Gypsum Road Reno, NV 89503

  • Price: $1,100,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 106 min ago
  • MLS #: 260012260
8
Beds
0
Baths
0
½ Baths
0.4
Acres
1964
Built
Neighborhood:
89503
County:
Washoe
Area:
89503
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
Mcqueen
Property Description
One of three fourplex buildings available near the University of Nevada, Reno—an opportunity to purchase individually or explore a portfolio acquisition! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently occupied by long-term tenants. Each unit offers a functional floor plan, a wood-burning fireplace, and an assigned 1-car garage for additional parking and storage. Conveniently located near UNR, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to expand your investment portfolio with established tenancy. See Associated Documents for additional information, including cash flow details for each unit. Contact the listing agent for information about the two additional fourplexes and potential purchase options.
Exterior Features

Attached Garage YN Yes Construction Materials Brick VeneerWood Siding Exterior Features Balcony Foundation Details Other Parking Features AttachedGarage Patio And Porch Features [] Pool Features None Roof CompositionShingle Spa Features None Window Features Aluminum FramesBlindsMetal FramesSingle Pane WindowsVinyl FramesVaries

Interior Features

Accessibility Features [] Appliances DishwasherElectric Range Building Area Total 4608 Common Walls [] Cooling [] Cooling YN No Fireplace Features Free StandingWood Burning Fireplace YN Yes Fireplaces Total 4 Flooring CarpetVinyl Heating Wall Furnace Heating YN Yes Interior Features [] Laundry Features Varies By Unit Levels Two Unit1 Baths Total 1 Unit2 Baths Total 1 Unit3 Baths Total 1 Unit4 Baths Total 1 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN Yes Fencing None Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features Cul-De-Sac Other Equipment [] Other Structures None Owner Pays Trash CollectionSewerExterior MaintenanceCommon Area Maintenance Parking Total 8 Property Sub Type Quadruplex Road Frontage Type [] Road Responsibility [] Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 2735.31 Tenant Pays WaterElectricity Unit Type Type [] Unit1 Actual Rent 1238 Unit1 Unit Type 2 Bedroom Unit2 Actual Rent 1186 Unit2 Unit Type 2 Bedroom Unit3 Actual Rent 1091 Unit3 Unit Type 2 Bedroom Unit4 Actual Rent 1241 Unit4 Unit Type 2 Bedroom Utilities Electricity AvailableSewer AvailableWater Available Water Source Public Waterfront Features [] Zoning MF30

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Dickson Realty - Sparks: .

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: 2026-10-17T00:19:37.973.
 
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Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523