2735 Lakeside Dr, Reno, NV 89509

$1,035,000
4,198
SqFt

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Sold Price
$1,035,000
List Price
$1,050,000
Status
CLOSED
MLS#
250001087
Days on Market
235
Closing Date
Sep 22, 2025
Year Built
1950
Acres
0.51
Living Area
4,198
Stories
2
Lot Size
22,215

Property Description

A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike., Tenants will enjoy the serene setting while being just minutes from Midtown Reno’s vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area’s strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno’s most sought-after locations.

Additional Information

Taxes
$2,016
Utilities
Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
Stories
2
Roof
Composition, Pitched, Shingle
Foundation
Slab
Garage Description
Attached, Carport, Garage, Varies By Unit
Elementary School
Anderson
Middle School
Swope
High School
Reno

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Christopher Moton and Marmot Properties, LLC. Contact:

Selling Office: Ferrari-Lund Real Estate South.

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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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