Washoe County Homes under $500,000

Washoe County Homes under $500,000

Welcome to Washoe County, Nevada – a vibrant region that effortlessly blends natural beauty with a rich cultural tapestry. Nestled in the heart of the Sierra Nevada, Washoe County is home to stunning landscapes, including the breathtaking shores of Lake Tahoe and the majestic peaks of the surrounding mountains. This picturesque area is not only known for its outdoor recreational opportunities, such as hiking, skiing, and water sports, but also for its lively communities and diverse amenities.

For homebuyers seeking affordable options in this enchanting region, Washoe County offers a variety of homes priced under $500,000. Whether you’re looking for a cozy starter home, a charming townhouse, or a spacious family residence, you’ll find a range of choices that cater to various lifestyles and preferences. The real estate market here is both dynamic and inviting, providing opportunities for first-time buyers, families, and retirees alike.

Living in Washoe County means you can enjoy a blend of urban conveniences and rural tranquility. The county boasts excellent schools, a thriving job market, and a plethora of dining, shopping, and entertainment options. Additionally, the community spirit is palpable, with numerous local events and activities that foster connections among residents.

Embrace the chance to call Washoe County home, where affordability meets adventure. Explore the diverse real estate options available, and discover how you can make this captivating region your own – all without breaking the bank! Your dream home in Washoe County awaits!

Newest Washoe County Homes under $500,000

420 Holcomb Ave, Reno
$425,000
260012823 MLS
INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 420 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. NOTE: One of the units has suffered fire damage/casualty and is currently non habitable/non rentable in need of significant restoration. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 452 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current "as-is" condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact listing agent for showings by appointment only.

420 Holcomb Ave, Reno

452 Holcomb Ave, Reno
$499,000
260012822 MLS
INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 452 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside and all tenants are on month to month leases. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 420 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact broker for more information and showing times.

452 Holcomb Ave, Reno

6707 S Gaja Loop, Sparks
$490,000
3 Beds ⋅ 3 Baths ⋅ 260012769 MLS
THE COTTAGE WITH THE BLUE DOOR in Wingfield Springs has a charming front porch, and feels like a village setting. 3 bedrooms, 2 full baths, a half bath downstairs with 1743 sf of living space - sparkling clean and ready for a quick close. Notice the unique front yard with no noisy vehicle traffic and a beautiful pathway for this group of homes. The yard features a split-rail fence, a small grassy area, beautiful trees and seasonal plantings - all to be enjoyed from your private front porch. Guest parking is just steps away by the community swimming pool. This is a gated community for additional privacy. Enter through the newly painted blue door into the inviting combination living/dining room (or family room) with the gas fireplace. Continue through to the spacious kitchen which has double sinks, a pantry and lots of cupboards as well as a breakfast bar. The existing refrigerator is included (at no value and with no warranty) and has an ice maker and water dispenser built in. The kitchen is open to the family or dining room. depending on what the new owners want to use it for. There's also a half bath for guests to use, as well as a coat closet (or additional storage closet) here. The large sliding door opens to the private patio, great for morning coffee or for entertaining, extending from the kitchen/dining areas. The attached 2-car finished garage is accessed through the family room and includes overhead storage racks. Downstairs, the floor is easy-care vinyl. Head upstairs and notice the brand new neutral carpet throughout. The laundry room, conveniently located upstairs, has storage cabinets and includes the existing washer and dryer (at no value and with no warranties.) There are two bedrooms which share a full bath with a tub-shower combination. There's also the main bedroom which has a large bathroom with two vanities and plenty of storage. The main bedroom had a large closet as well. This bedroom overlooks the quiet village-like front yard. The home has central air conditioning . The water heater was replaced in 2026. Please come by to visit this beautiful home. It's ready for new owners and is truly move-in ready!

6707 S Gaja Loop, Sparks

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Data last updated on 06/28/2017.

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. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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