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$975,000
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Property Description
Beautiful brick building built in 1926, offering timeless character and charm. One of the few standalone professional office/residential properties in the heart of downtown, this unique property combines historic appeal with modern updates. Recent upgrades include all new windows, a new electrical panel, new flooring, fresh interior paint, remodeled bathrooms, a new microwave, and freshly painted kitchen cabinets. The property also features a durable metal roof with a lifetime warranty, a newer gas boiler installed in 2019, and a new parking lot completed in 2020. An electric gate provides secure rear access. Ideally located directly across the street from the Truckee River and the scenic Riverwalk with miles of walking and biking paths, the property offers beautiful river views and convenient access to outdoor recreation. Situated on the Riverwalk and just minutes from Idlewild Park, this location provides an exceptional combination of downtown convenience and natural surroundings. Currently zoned for professional office use; however, the City of Reno has indicated the property may be eligible for conversion to residential use, offering excellent flexibility and potential. Buyer to verify with Washoe County.
Full Property Details
Full Property Details for 1055 Riverside Dr
General
- Price: $975,000
- Taxes: $2,318
- Status: Under Contract
- Type: Single Family
- Source: 2502
- MLS ID: 260002085
- Updated: 3/31/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Ceilings
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning Stove
- Appliances: Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Range, Microwave, Oven, Refrigerator
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Security Gate, Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters, None
- Porch/Patio/Deck: Enclosed
Parking
- Total Spaces: 7
- Parking Features: Additional Parking
Location
- County: Washoe
- Subdivision: Powning Addition
- Driving Directions: Keystone to Riverside
School Information
- Elementary School: Hunter Lake
- Middle School: Swope
- High School: Reno
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Evaporative Cooling
- Heating Type: Baseboard, Hot Water, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Basement - Unfinished
- Roof: Metal, Pitched
- Common Walls: No Common Walls
- Windows: Double Pane Windows, Vinyl Frames, Window Coverings
- Stories/Levels: 2
- Building Size: 2247
- Square Feet: 2,247
- Living Area: 2,247 Sq. Ft.
- Year Built: 1926
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Trees/Woods
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Frontage: City Street
- Road Maintenance: Public Maintained Road
- Lot Features: Landscaped, Level, Sprinklers In Front
- Zoning: PO
- Fencing (Description): Back Yard, Partial
Water Features
- Water Front Name: Truckee River
Financial Considerations
- Price Per Sq. Ft.: $433.91
- Tax Amount: $2,318.01
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Agent Owned
- APN: 011-082-11
Listed by Haven Home Realty, Mignon Lagatta (775) 771-1557
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Schools
Schools serving 1055 Riverside Dr
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Hunter Lake Elementary School 909 Hunter Lake Drive, Reno, NV 89509 | K-5 | 0.8 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.4 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 Riverside Dr
Date
Details
Price
Change
Source
2/26/2026
Listed
$975,000
14.71%
MLS
5/12/2022
Sold
$850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1055 Riverside Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,501
8%
$84,083
3%
2024
$2,318
8%
$81,334
7%
2023
$2,147
13%
$75,935
30%
2022
$1,894
8%
$58,326
23%
2021
$1,751
—
$47,383
—
2021
$1,751
9%
$47,337
8%
2019
$1,612
5%
$43,799
6%
2018
$1,534
2%
$41,423
—
2017
$1,499
2%
$41,237
4%
2016
$1,465
—
$39,821
1%
2015
$1,463
3%
$39,367
3%
2014
$1,421
—
$38,222
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1055 Riverside Dr
1055 Riverside Drive, Reno, NV 89503 (MLS# 260002085) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1055 Riverside Drive is currently listed for $975,000 and was received on February 26, 2026. Want to learn more about 1055 Riverside Drive? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

