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531 Mill Street

Reno, NV 89052
  • $905,000
  • STATUS: Closed
  • ON SITE: 280 Days
  • MLS #: 240013036
Sold - 12/16/2024
$905,000
SOLD - 12/16/2024
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,548
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1932
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

3-Unit Brick Investment Property Minutes Away from Reno's Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!, Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.

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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 Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-07-18T14:19:50.363.
www.nevada.properties/homes/156590421
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531 Mill Street Reno, NV 89052

  • Price: $950,000
  • Status: Closed
  • On Site: 280 Days
  • Updated: 67 min ago
  • MLS #: 240013036
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,548
SQFT
$0
$/SQFT
1932
Built
Neighborhood:
89052
County:
Washoe
Area:
89052
Elementary School:
Booth
Middle School:
Vaughn
High School:
Wooster
Property Description
3-Unit Brick Investment Property Minutes Away from Reno's Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!, Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Features [] Foundation Details Slab Parking Features Alley AccessCarportVaries by Unit Patio And Porch Features [] Pool Features [] Roof CompositionPitchedShingle Spa Features [] Window Features BlindsVaries

Interior Features

Accessibility Features [] Appliances OvenGas RangeRefrigerator Building Area Total 2548 Common Walls [] Cooling Central AirRefrigeratedVaries By Unit Cooling YN Yes Fireplace Features [] Flooring LaminateVariesWood Heating Forced AirNatural GasVaries By Unit Heating YN Yes Interior Features [] Laundry Features In UnitWasher Hookup Levels [] Unit1 Baths Total 0 Unit2 Baths Total 0 Unit3 Baths Total 1 Unit4 Baths Total 0

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing Full Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features Landscaped Other Equipment [] Other Structures [] Owner Pays [] Parking Total 5 Road Frontage Type Public Road Responsibility Public Maintained Road Security Features Keyless EntrySmoke Detector(s) Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1851.41 Tenant Pays [] Unit Type Type [] Unit1 Actual Rent 0 Unit1 Unit Type Studio Unit2 Actual Rent 0 Unit2 Unit Type 1 Bedroom Unit3 Actual Rent 1450 Unit3 Unit Type 2 Bedroom Unit4 Actual Rent 0 Unit4 Unit Type 3 Bedroom Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Waterfront Features [] Zoning MD-RD

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Marmot Properties, LLC: 775-391-9076.

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 Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-07-18T14:19:50.363.
 
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Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521