$1,100,000
 $6,246 est/mo Sourced by Back At You

3271 Gypsum Road,Reno, NV 89503

Reno, NV 89503

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Description

Investor opportunity near the University of Nevada, Reno! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently tenant occupied with long-term tenants in place. Each unit offers a functional floor plan with a wood-burning fireplace and an assigned 1-car garage, providing valuable additional parking and storage. Located in the UNR university housing area with convenient access to campus, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to add a multi-unit investment to your portfolio with existing tenancy already established. See Associated Documents for additional information, including the cash flow details for each individual unit.

Details

MLS #260012260
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year1964
Days On Site9
Listing Provided ByDickson Realty - Sparks | Felisa Cusimano-Martin

Features

Bed(s)8
Bath(s)4
SQ Feet4,608
Story(s)2
Units4
Building(s)1
ZoningMF30
Acreage0.40

Interior

HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Window FeaturesAluminum Frames, Blinds, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
AppliancesDishwasher, Electric Range
Fireplace FeaturesFree Standing, Wood Burning
Fireplace Yes / NoYes
Fireplaces Total4

Exterior

RoofComposition, Shingle
Exterior FeaturesBalcony
Security FeaturesSmoke Detector(s)
Lot FeaturesCul-De-Sac
Construction MaterialsBrick Veneer, Wood Siding
Foundation DetailsOther
FencingNone

Parking

Parking FeaturesAttached, Garage
Attached Garage Yes / NoYes

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available
SewerPublic Sewer

Location

Senior Community Yes / NoNo

Taxes

Property2735

Area Information

StateNV
CountyWashoe
CityReno
Zip Code89503
AreaWashoe
Community NameReno Foothills 1
School DistrictMcQueen
Elementary SchoolElmcrest
High SchoolMcQueen
Listing VS Median (in Reno Foothills 1)
Price:
$1,100,000
low | high
Med:
$622,500
93.409090909091% of Average
sqft:
4,608
low | high
Med:
1,863
100% of Average
$ / sqft:
$239
low | high
Med:
$334
10.280481494491% of Average
On site:
9
low | high
Med:
17.5
51.428571428571% of Average
Sourced by Back At You

Market Activity 89503

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Learn More About This Property

StateNV
CountyWashoe
CityReno
Zip Code89503
AreaWashoe
Community NameReno Foothills 1
School DistrictMcQueen
Elementary SchoolElmcrest
High SchoolMcQueen
Listing VS Median (in Reno Foothills 1)
Price:
$1,100,000
low | high
Med:
$622,500
93.409090909091% of Average
sqft:
4,608
low | high
Med:
1,863
100% of Average
$ / sqft:
$239
low | high
Med:
$334
10.280481494491% of Average
On site:
9
low | high
Med:
17.5
51.428571428571% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $825K - $1.375M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
330 Talus Way Property Photo 1
$1,149,000
330 Talus Way
Reno, NV 89503
Listing Updated: September 29, 2026 at 3:19:01 AM PDT