3501 Gypsum Road, Reno, NV 89503

Local realty services provided by:Better Homes and Gardens Real Estate Universal
3501 Gypsum Road,Reno, NV 89503
$1,090,000
  • - Beds
  • - Baths
  • 4,224 sq. ft.
  • Multi-family
  • Active
Listed by: nathan harris
Office: valley realty & management
MLS#:260000662
Source:NV_NNRMLS

Price summary

  • Price:$1,090,000
  • Price per sq. ft.:$258.05

About this home

This well-maintained townhome-style fourplex offers an excellent investment opportunity, with each unit featuring 2 bedrooms and 1.5 bathrooms designed for functional living. Three of the four units have been updated, showcasing new flooring, two units with luxury vinyl plank (LVP) flooring throughout, some with granite countertops, and newer appliances, adding modern appeal and durability. The property included low-maintenance xeriscape landscaping and private balconies and patios for each unit, providing outdoor space without added upkeep. Major capital improvements have already been completed, including brand-new electrical panels for each unit and a new roof installed in 2024, offering peace of mind and reduced future expenses. Each unit includes one assigned covered parking space and an assigned storage room. Residents also enjoy access to a community laundry room equipped with a washer and dryer. Close to downtown, University and public transportation.

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Home facts

  • Year built:1964
  • Listing ID #:260000662
  • Added:30 day(s) ago
  • Updated:February 19, 2026 at 07:50 PM

Rooms and interior

  • Living area:4,224 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Year built:1964
  • Building area:4,224 sq. ft.
  • Lot area:0.27 Acres

Schools

  • High school:McQueen
  • Middle school:Clayton
  • Elementary school:Elmcrest

Utilities

  • Water:Public, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,090,000
  • Price per sq. ft.:$258.05
  • Tax amount:$2,601
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