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$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

$399,000
1 Beds 1 Baths 260002808 MLS
Coveted NW corner 1-bedroom, 1-bath residence on the 8th floor of Arlington Towers, offering breathtaking panoramic views of Downtown Reno, Verdi mountains, and the Truckee River below. The expansive wraparound patio features both North and West exposures, capturing city lights, River views, and seasonal color throughout the year. Interior highlights include beautiful Plank Wood Flooring, an open living and dining concept with floor-to-ceiling windows, the Primary bathroom area remodeled to include an oversized modern shower spa-like enclosure. New HVAC unit installed in 2025 -not a regular system but unique to the building-and costly.Washer and Dryer included for your convenience. The unit is clean and well maintained and ready to move into today! 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. Seller to include furniture with full price offer! Ideally located within walking distance to downtown dining, entertainment, the Pioneer Center, Riverwalk, UNR, and all the best of Reno's Urban lifestyle. A great opportunity to be a part of Reno's most established and iconic luxury condominium buildings, Parking space to be handled through Local HOA agent in facility with additional fee.

100 N Arlington Ave Unit 8 J, Reno

$388,000
1 Beds 1 Baths 260002142 MLS
Located in the heart of downtown Reno at The Palladio, this updated and spacious 1 bedroom, 1 bathroom residence offers more than 800 square feet of intentionally designed living space with north-facing views of the Biggest Little City's iconic skyline and a view of Peavine Peak from your private balcony. Inside, the layout feels both open and comfortable, with a kitchen that flows easily into the living area, which features floor to ceiling windows and direct access to the balcony. Stainless steel appliances, substantial cabinetry, and granite countertops come together in a modern kitchen well-suited for everyday living or hosting friends and family before a night out downtown. Upon entry, a tucked away laundry closet offers additional storage and houses a stacked washer and dryer. The bedroom is open and airy with an oversized window and dual closets that provide practical storage without sacrificing space. The large bathroom has been recently refreshed with new wall paint, updated lighting, a new faucet, painted cabinetry, and distinctive wallpaper that adds flair, personality, and charm. A jetted soaking tub and separate tiled shower provide both comfort and ease for however you choose to wind down. Additional wallpaper in the entry brings an immediate creative touch that sets this unit apart while still feeling cohesive and deliberate in its design. This home includes one space for parking in the secure, in-building garage, which is an essential convenience for downtown living. Another perk of choosing The Palladio? Residents enjoy controlled building access, elevator service, and use of the private infinity pool and year-round spa area, overlooking the Truckee River and beyond, perfect for hosting and enjoying. With immediate access to the Riverwalk and Midtown districts, flavorful local dining, coffee shops and cafés, world-class entertainment, plus an easy commute to the freeway, you'll find it almost effortless to move between work, weekends, and whatever else comes next. This incredible location is likely to go fast and is ready to serve as a primary residence, a low-maintenance second home, or an investment in one of Reno's most sought after buildings. 805 at 50 N Sierra offers comfort, character, and a prime downtown address. 3D tour and Matterport on Homes.com

50 N Sierra St Unit 805, 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.

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