89501 Homes under $350,000

Welcome to the vibrant and picturesque zip code 89501, nestled in the heart of Reno, Nevada. This charming area is not just known for its stunning views of the Sierra Nevada mountains but also for its rich history and a lively community spirit. With a blend of modern amenities and rustic charm, 89501 offers a unique living experience that caters to a variety of lifestyles.

For those seeking affordable housing options, you’ll be delighted to discover that homes under $350,000 are indeed available in this bustling locale. Whether you're a first-time homebuyer, a savvy investor, or looking to downsize, the diverse range of properties in this price bracket ensures there’s something for everyone. From cozy bungalows to contemporary condos, these homes provide the perfect canvas for creating your dream space without breaking the bank.

Living in 89501 means you’ll be just moments away from Reno's vibrant downtown scene, where you can explore eclectic shops, indulge in exquisite dining, and enjoy a plethora of entertainment options. The area is also rich in outdoor activities, with easy access to hiking trails, parks, and the stunning Lake Tahoe, making it a haven for nature enthusiasts.

With a welcoming community, affordable housing, and an abundance of recreational opportunities, 89501 is more than just a zip code; it's a place where you can truly thrive. Come and discover your perfect home in this enchanting part of Reno, where adventure and affordability meet!

Newest 89501 Homes under $350,000

$350,000

1 Beds ⋅ 1 Baths ⋅ 260012442 MLS

Welcome to 963 S Center St, a charming 1935 cottage in the heart of Reno's Midtown. You're steps from the neighborhood's restaurants, coffee shops, breweries, boutiques and galleries, with downtown just minutes away. The home offers 1 bedroom and 1 bath in 638 sq ft of single-level living, with the character you'd expect from a Midtown original. Below, a 261 sq ft basement adds valuable bonus space for storage, a workshop or hobby room. Zoned MU-MC (Mixed-Use Midtown Commercial), the property opens the door to a range of possibilities. Live in it, work from it, or both. Think cozy owner-occupied home, creative studio, professional office or small business in one of Reno's most vibrant corridors. Homeowners, entrepreneurs and investors alike can make this Midtown address their own. Buyers to verify permitted uses with the City of Reno and all square footage.

963 S Center St, Reno

$349,000

1 Beds ⋅ 2 Baths ⋅ 260012134 MLS

Excellent SW-facing Arlington Towers condo unit with amazing views of the Western Sierras, Truckee River below, and city lights. Utilize the large private balcony to witness those majestic Nevada sunsets in the evening. Spacious and open unit with vinyl plank flooring, ceramic tile, modern cabinets, and floor to ceiling windows in both living room and bedroom. Arlington Towers is a Premier Full-service building in the Heart of Downtown Reno, offering 24-hour secure access, parking garage, pool, fitness center, meeting room with kitchen, on-site postal boxes and laundry facilities, and a quiet reading room.

100 N Arlington Ave Unit 11G, Reno

$249,950

1 Beds ⋅ 1 Baths ⋅ 260011861 MLS

Location, luxury & low maintenance - downtown living with all the views and natural amenities! Featuring the Truckee River, Sierra Nevada Mountains, and Reno City views! Located next to Barbarra Benett & Wingfield Park with their badminton and basketball courts as well as a natural lap around the park, walking and running trails, basketball and recreation areas, restaurants, bars, nightlife, festivals, entertainment, and a organic store behind the building; Park Towers offers an exceptional combination of location, lifestyle, convenience, and investment potential in the heart of Reno. Whether you are an athlete, retiree, primary homeowner, University student, or an investor looking for a Short term rental friendly property (AIRBN, VRBO, Furnished Finders) and beyond this property is perfect for many situations. UNR is only 7 minutes away! The floor plan provides defined living spaces while abundant natural light creates a bright and inviting atmosphere throughout. Enjoy true low-maintenance, walkable Downtown Reno living with nearly everything you need close by. INVESTMENT OPPORTUNITY! One of the property's most distinctive features is its rare rental flexibility, with potential for short-term and mid-term rental strategies, including platforms such as Airbnb, VRBO, and Furnished Finder, subject to current HOA requirements. This flexibility may make Unit 602 especially attractive to buyers seeking a Downtown Reno investment property. The HOA makes ownership even easier by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance—providing the convenience of a lock-and-leave lifestyle with fewer day-to-day maintenance responsibilities. Whether you're searching for a Downtown Reno condo, Truckee River residence, UNR-area property, second home, investment opportunity, or simply a low-maintenance home this is an option you don't want to skip!

280 Island Ave Unit APT 602, Reno

$285,000

1 Beds ⋅ 2 Baths ⋅ 260011669 MLS

Enjoy elevated downtown living from this 1-bedroom condo in Arlington Towers, featuring expansive windows and impressive views of the Truckee River and surrounding mountains. The bright, open-concept living area offers plenty of natural light and flows seamlessly into the kitchen connecting the kitchen and living room to one and other finished off with LVP Flooring throughout. Step outside onto the private covered balcony and take in sweeping views overlooking the Truckee River and the Sierra Nevada mountains. The wall-to-wall windows make the scenery a focal point from inside the home as well. Located in the heart of downtown Reno, this condo puts the Truckee Riverwalk, Wingfield Park, restaurants, entertainment, and downtown amenities just outside your door. Whether you're looking for a primary residence, low-maintenance city retreat, or investment property, this Arlington Towers condo offers a combination of location, views, and convenience that's hard to duplicate

100 N Arlington Ave Unit #10G, Reno

$349,950

2 Beds ⋅ 2 Baths ⋅ 260011483 MLS

Luxury riverside living 14 stories high! Park Towers, where the energy of Downtown Reno meets the natural beauty of the Truckee River and surrounding mountains. Unit 1403 features large windows in every room throughout the home, filling the residence with abundant natural light while showcasing sweeping views of the mountains, city skyline, and river. Enjoy true low-maintenance living in one of Reno's most walkable locations. Just outside your door are the Truckee River, Barbara Bennett Park, Wingfield Park, scenic walking and running trails, basketball and recreation areas, restaurants, nightlife, festivals, entertainment, and an organic grocery co-op. Midtown Reno and the University of Nevada, Reno are also just minutes away. A standout feature of this property is its rare short-term and mid-term rental flexibility, offering potential opportunities for Airbnb, VRBO, Furnished Finder, and other furnished rental strategies, subject to applicable HOA rules and local regulations. Whether you're looking for a primary residence, second home, or investment property, this flexibility adds another dimension to the property's appeal. The HOA further simplifies ownership by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend less time maintaining your home and more time enjoying the surrounding lifestyle. From professionals and UNR students to active residents, retirees, investors, or anyone seeking a stylish downtown retreat, Unit 1403 offers a unique combination of convenience, recreation, scenery, and accessibility. With parks, dining, shopping, groceries, recreation, entertainment, and the Truckee River all within easy reach, Park Towers delivers a downtown Reno lifestyle that is difficult to replicate.

280 Island Ave Unit APT 1403, Reno

$319,000

2 Beds ⋅ 3 Baths ⋅ 260011085 MLS

This two-level condo at Riverwalk Towers offers an open floorplan with main-floor living and dining area, full-size kitchen, guest bath and in-unit laundry. Upstairs, both bedrooms have their own bathrooms, along with west-facing views of the city, mountains and Nevada sunsets. The building offers controlled access, assigned underground parking, a fitness center, pool, spa and outdoor gathering areas. Located near the Truckee River, restaurants, entertainment and downtown events, Unit 412 is a standout choice for anyone looking for a low-maintenance home or investment property in the center of Reno.

200 W 2nd St Unit APT 412, Reno

$349,000

2 Beds ⋅ 3 Baths ⋅ 260010992 MLS

Experience an exceptional downtown Reno lifestyle in this rare two-story corner residence at Riverwalk Tower. Tucked away at the end of the hallway on the 7th and 8th floors, this sophisticated home offers an enviable combination of privacy, space, and breathtaking views. With nearly 1,500 square feet of living space and nearly 270-degree panoramic views, this residence captures the Reno skyline, surrounding mountains, and filtered views of the Truckee River. Floor-to-ceiling windows fill the open-concept living areas with natural light, while two private balconies provide the perfect setting for morning coffee or sunsets. The distinctive floor plan features two spacious primary suites, each with a spa-inspired bathroom, oversized walk-in shower, and luxurious jetted bathtub. The main level also includes a convenient laundry room and half bath. The beautifully refreshed interior has been meticulously repainted and features high-end SPC luxury vinyl plank flooring throughout. The kitchen offers granite countertops, rich cherry cabinetry, stainless steel appliances, and an Energy Star-rated GE refrigerator. A breakfast bar opens to the main living area. Travertine flooring adds an elegant touch to the kitchen and bathrooms. Additional features include a washer, dryer, and refrigerator, one assigned parking space, and a private 4' x 6' storage unit. Located in the heart of downtown Reno, Riverwalk Tower places you within walking distance of renowned restaurants, Midtown, the Pioneer Performing Arts Center, Wingfield Park, the Reno Aces Ballpark, and the Truckee River. Enjoy quick access to UNR, while Lake Tahoe's world-class skiing and outdoor recreation are just a short drive away.

200 W 2nd St Unit APT 707, Reno

$315,000

1 Beds ⋅ 1 Baths ⋅ 260010517 MLS

Welcome to 50 N Sierra St #1006, a light-filled downtown residence with high ceilings, an open living area, and views toward Peavine. This one-bedroom home features black granite countertops, included appliances, and a bedroom that connects conveniently to a bathroom with a jetted tub and separate shower. The First Street-side location offers a central setting with a city outlook, while building amenities include a pool, spa, key-fob entry, onsite management, and a designated parking space. Enjoy convenient access to downtown dining, shopping, entertainment, and everyday services. Mortgage savings may be available for buyer's of this listing. See associated docs.

50 N Sierra St Unit STE 1006, Reno

$205,000

1 Baths ⋅ 260009843 MLS

Prime Downtown Reno Living at Riverwalk Condominiums! Experience effortless urban living in this light-filled studio condominium featuring an open, versatile floor plan designed for maximum efficiency. Enjoy stunning city vistas and views toward Greater Nevada Field right from your space. Located in the heart of Downtown Reno's vibrant Riverwalk District, you're steps from top dining, riverfront parks, coffee shops, and entertainment. Building amenities offer supreme comfort and convenience, including secure underground parking, a swimming pool, fitness center, and peaceful outdoor lounge areas. Whether you're seeking a low-maintenance primary residence, a flexible city crash pad, or a smart investment, this condo delivers location and lifestyle in one sleek package.

200 W 2nd St Unit 504, Reno

$260,000

1 Beds ⋅ 1 Baths ⋅ 260009800 MLS

Experience the best of downtown living at Riverwalk Condominiums. This fifth-floor residence offers 851 square feet, an oversized bedroom with space for a home office, one bathroom, and two private balconies with city views. Interior highlights include granite countertops, stainless steel appliances, and newer carpet. One deeded parking space and mezzanine-level storage are included. Community amenities feature a third-floor pool and hot tub, plus a fitness center. Ideally located just steps from the Truckee River, restaurants, coffee shops, entertainment, and all that downtown Reno has to offer. Some furnishings are negotiable.

200 W 2nd St Unit APT 501, Reno

$319,900

2 Beds ⋅ 2 Baths ⋅ 260009051 MLS

PERFECT FOR AN INVESTMENT OPPORTUNITY OR PRIMARY RESIDENCE! Welcome to elevated downtown living from the 5th floor of Riverwalk Towers, where city lights and mountain views create the perfect Reno backdrop. This condo places you in the heart of vibrant downtown Reno, just moments from the Truckee River, local restaurants, entertainment, and nightlife. Enjoy the convenience of walkable urban living with the beauty of Northern Nevada right outside your window.

200 W 2nd St Unit APT 505, Reno

$295,000

1 Beds ⋅ 1 Baths ⋅ 260008819 MLS

Experience the best of downtown Reno in this inviting 1 bedroom, 1 bath condo just steps from the Riverwalk District. Enjoy exceptional walkability to the Truckee River, restaurants, shopping, casino entertainment, and performances at the Pioneer Center. This move in ready home features new remote controlled blinds, updated kitchen and bathroom sink faucets, and a screened balcony door, a rare upgrade not found in most units. The refrigerator, washer, and dryer are all included for added convenience. Residents enjoy outstanding amenities, including a spacious fitness center, 24-hour security, a staffed front desk, secured parking, and private indoor storage lockers. A brand-new pool deck, scheduled for completion in Summer 2026, will further enhance the building's resort-style lifestyle. Whether you're seeking a primary residence, weekend retreat, or investment opportunity, this centrally located condo offers comfort, convenience, and the best of urban living.

255 N Sierra St Unit 1108, 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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