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  • $533,500

    565 Colorado River Blvd, Reno, NV 89502

    --beds
    0baths
    1,166sqft
    Duplex
    Built in 1960
    -- sqft lot
    $579,700 Zestimate®
    $458/sqft
    $1,804 Estimated rent

    Home value

    $579,700

    $539,000 - $626,000

    $1,804/mo

    Zestimate® history
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    $1,804/mo

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    Rent Zestimate®

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    $2,915/mo

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    $2,915/mo

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    What's special

    This impeccably renovated multifamily property features not one, but two charming single-family residences on a single parcel, providing an excellent chance to generate rental income or accommodate extended family living. Brand new flooring, fresh paint throughout the homes and all new countertops add a touch of sophistication., One of the standout features of this property is the comprehensive replacement of the sewer lines, ensuring worry-free living and minimizing maintenance concerns for years to come. Convenience is key, and this property delivers. Situated just minutes away from Reno's vibrant Midtown district, residents will enjoy easy access to major shopping centers, dining hotspots, and entertainment venues. Whether it's a night out on the town or a leisurely shopping spree, everything you need is within reach. Investors and homeowners alike will appreciate the potential this multifamily property offers. The City of Reno has approved this lot to hold up to 2 more units if you desire, but if not, you can enjoy ample parking and space for each of the two units. Don't miss the opportunity to make this versatile property your own!

    Zillow last checked: 8 hours ago

    Listing updated: May 13, 2025 at 02:07pm

    Listed by:

    Bailey Feemster S.197878 775-379-0708,

    BHG Drakulich Realty

    Bought with:

    Christopher Moton, BS.145493

    Address Income

    Source: NNRMLS,MLS#: 240000909MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Oven, Dishwasher, Gas Range, Microwave
    • Laundry: None
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,166
    • Total interior livable area: 1,166 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: None
    Features
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 8,712 sqft
    • Features: Landscaped
    Details
    • Parcel number: 01341415
    • Zoning: MF14
    • Other equipment: Varies by Unit

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Asbestos, Frame
    • Foundation: Crawl Space
    • Roof: Composition,Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Reno
    • Subdivision: Southside

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    12/14/2025Listing removed$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    11/21/2025Listed for rent$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    4/12/2024Sold$533,500-6.4%$458/sqft
    Source: NNRMLS #240000909 Report a problem
    3/1/2024Pending sale$569,900$489/sqft
    Source: NNRMLS #240000909 Report a problem
    2/23/2024Price change$569,900-0.9%$489/sqft
    Source: NNRMLS #240000909 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$800 +7.5%$70,222 +0.4%
    2024$744 +2.9%$69,972 -1.8%
    2023$723 +2.8%$71,226 +25.2%

    Find assessor info on the county website

    Neighborhood: East Reno

    Nearby schools

    GreatSchools rating
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    Estimated market value$579,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $579,700