Downtown Reno Homes for Sale

Welcome to Downtown Reno, a vibrant and dynamic neighborhood nestled in the heart of Washoe County, Nevada. This bustling area is the epitome of urban living, offering a unique blend of historic charm and modern convenience. With a prime location in the city of Reno, Downtown is a sought-after destination for those looking to experience the best that the area has to offer.

Downtown Reno is a haven for those seeking an active lifestyle, with an array of dining, entertainment, and cultural attractions right at your doorstep. From trendy cafes and eclectic boutiques to art galleries and live music venues, there is always something exciting to explore in this lively neighborhood.

If you're in the market for a new home, Downtown Reno has a diverse selection of properties to choose from. Whether you're looking for a cozy condo with skyline views or a spacious townhouse with a private garden, there are options to suit every taste and budget. With a range of architectural styles and amenities available, finding your dream home in Downtown Reno is easier than ever.

Experience the urban charm and vibrant energy of Downtown Reno – where the perfect home is waiting for you. Don't miss out on the opportunity to live in this thriving community and make the most of everything it has to offer. Find your ideal home for sale in Downtown Reno and start living the lifestyle you've always dreamed of.

Newest Downtown Reno Homes for Sale

$420,000

2 Beds ⋅ 1 Baths ⋅ 260007491 MLS

Located within Reno's Opportunity Zone, 128 Keystone offers incredible flexibility and potential. This charming 2-bedroom, 1-bath home also features a bonus office/utility room, making it ideal for a variety of uses. Zoned Mixed Use, the property provides the rare opportunity to operate a business, invest, or enjoy it as a single-family residence. Full of character, the home showcases classic brick siding, updated windows, custom window coverings, a built-in entertainment center, and abundant cabinetry throughout. An unfinished basement provides additional storage space, while the detached shed offers even more room for tools, equipment, or hobbies. With ample on-site parking and a highly versatile zoning designation, this property combines affordability, functionality, and future potential in a convenient Reno location.

128 Keystone Ave, Reno

$809,900

4 Beds ⋅ 3 Baths ⋅ 260007067 MLS

Soak in the old Reno charm in this rare, updated Queen Anne Victorian located in the phenomenal Pownings Historical District! One of Reno's most unique neighborhoods- walkable lifestyle close to the riverwalk, amazing restaurants, coffee shops, bars, gorgeous parks, public events, Aces games, you name it. Home remodeled in 2012- attic converted into primary suite loft featuring beautiful Brazilian cherry wood flooring, spacious walk-in closet and rainfall shower in en suite bathroom. Downstairs you will find three more bedrooms with the back bedroom having it's own private entrance- private bedroom and full bathroom making it possible for an Airbnb or rental by itself. A great home for entertaining with rooms that flow seamlessly to the next along with a built-in speaker system in each room. Cozy front living room with large windows and wood burning fireplace. Fully fenced front and back, private driveway behind gate in the front yard. The multi use zoning gives a multitude of options for next owner- personal residence, a business, a live-work space, short term rental. Check out this gem today!

45 Winter St, Reno

$425,000

3 Beds ⋅ 1 Baths ⋅ 260006390 MLS

Turnkey income property just steps from the University of Nevada and minutes from Downtown Reno — this fully furnished home is an established, top-rated short-term rental with a 9.2/10 guest rating across 21 reviews. Move-in ready with a functional layout, abundant storage, and multiple walk-in closets, it suits owner-occupants, long-term tenants, or continued STR use equally well. Easy access to I-80, Midtown, restaurants, entertainment, and campus amenities makes this a great opportunity in the heart of Reno — a rare chance to acquire a proven, guest-loved rental in one of the city's most walkable locations.

411 E 7th St, Reno

$375,000

3 Beds ⋅ 2 Baths ⋅ 250056343 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (only being sold together. See MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

344 E 7th St, Reno

$375,000

6 Beds ⋅ 2 Baths ⋅ 250056342 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (Only being sold together. See also, MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

336 E 7th St, Reno

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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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