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$1,070,000
4 Beds 4 Baths 260011940 MLS
Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street— this unique property offers timeless character, versatility, and excellent investment potential. Each residence showcases the charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can't be replicated in newer construction. Each residence also has a detached garage for parking and storage. 1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom. Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno's beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom. Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you're looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities. Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street — two residences, one exceptional Old Reno opportunity.

341 W Arroyo St, Reno

$1,431,000
5 Beds 6 Baths 250055872 MLS
Welcome to 343 & 347 Mount Rose St, located in the heart of Reno's vibrant MidTown District, the city's most desirable neighborhood for arts, culture, theatre, and dining, all just steps from your front door. It offers a rare blend of charm, modern convenience, and excellent investment potential. This property is perfect for both owner occupants and investors. 343 Mount Rose St. features a spacious single level main residence, complemented by a second unit.Tucked away down a few steps to the front door with a breezeway patio the length of the home. 347 Mount Rose St. was built in 2017, it's a stylish modern duplex with alley access, each of the two units spans three stories and includes, one bedroom, + den or office, two bathrooms, attached one car garage with two storage spaces, two private balconies, fenced patio space, vaulted ceilings, and sunshine filled interiors. Whether you're looking to expand your portfolio or be an owner occupier and rent out three units, this unique property is the best of both worlds, in one of Reno's most walkable, lively, and fast appreciating neighborhoods. Newer roof from 2024 on the front house.

343 & 347 Mount Rose St St, Reno

$1,150,000
250055290 MLS
Seize the opportunity to own this versatile mixed-use building in the highly coveted Midtown Reno area. This two-story property offers a unique blend of commercial and residential zoning, making it an ideal investment for entrepreneurs, investors, or businesses. The building can accommodate a variety of businesses. It has a prime location, ample parking, and potential for future development. Plenty of room to build a residential building on the lot behind. So much untapped value in this property. The main level is currently available for lease, and to optimize current rental rates. The upstairs features a welcoming reception area, perfect for greeting clients and guests. One large space and one office are available for rent, offering flexibility for new tenants or businesses looking to expand. One upstairs space is currently rented on a month-to-month lease. All of the spaces are large, well-lit, and adaptable to professional needs. Businesses such as karate studios, nail salons, spas, therapists, and dance studios have occupied the spaces over the past 20 years. The property features a generous lot at the back, currently used for parking. This space can accommodate multiple vehicles, and the street also offers parking, ensuring convenience for tenants and clients. The large lot offers significant development opportunities. Depending on county regulations, this space could be transformed into a multi-family building or another office structure, maximizing the property value and utility. With an established tenant and multiple available office spaces, this property offers immediate rental income with growth potential, benefiting from easy access to a vibrant community. Midtown is known for its eclectic mix of shops, dining, and entertainment options, making it a highly desirable area for both businesses and residents. There is the possibility of living upstairs and running your business downstairs, offering a very unique opportunity in a highly walkable area. Seller has installed a new A/C system on both floors, including new condensers.

235 W Pueblo 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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