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$560,000

  • For Sale
  • Active
  • Duplex
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Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the heart of the city! AGENTS SEE PRIVATE REMARKS.

Full Property Details for 1250 Virbel Ln

General

  • Price: $560,000
  • Taxes: $1,068
  • Status: Active
  • Type: Duplex
  • Source: 2502
  • MLS ID: 250050287
  • Updated: 12/15/2025
  • Added to Site: 238 day(s) ago

Interior

  • Appliances: Electric Range, Refrigerator
  • Flooring: Carpet, Laminate, Vinyl

Rooms

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: None

Parking

  • Parking Features: None

Location

  • County: Washoe
  • Cross Streets: Neil rd

School Information

  • Elementary School: Smithridge
  • Middle School: Pine
  • High School: Damonte

Heating & Cooling

  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Exterior Const.: Wood Siding
  • Roof: Composition, Shingle
  • Windows: Blinds, Double Pane Windows
  • Stories/Levels: 1
  • Building Size: 1800
  • Year Built: 1963

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969.6
  • Lot Features: Corner Lot
  • Zoning: MF30
  • Fencing (Description): Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $311.11
  • Tax Amount: $1,068.96
  • Terms: 1031 Exchange, Cash, Conventional
  • Owner Pays: Water, Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Special Conditions: Agent Owned
  • APN: 020-313-33

Listed by Coldwell Banker Select Reno, Gumer Alvarez (775) 813-6831

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Listing agent

— 1250 Virbel Ln —

  • Gumer Alvarez

    Coldwell Banker Select Reno

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1250 Virbel Ln

School District:Washoe County School District
NameGradesDistance
Smithridge Elementary School
4801 Neil Road, Reno, NV 89502
K-50.7 mi
Edward L Pine Middle School
4800 Neil Road, Reno, NV 89502
6-80.7 mi
Damonte Ranch High School
10500 Rio Wrangler Parkway, Reno, NV 89521
9-125.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1250 Virbel Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/23/2025
Listed
$560,000
433.33%
MLS
10/09/2012
Sold
$105,000
—
Public Record
Get Price Alerts and Save Property
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 for 1250 Virbel Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,069
8%
$63,030
4%
2023
$990
8%
$60,369
20%
2022
$916
8%
$50,441
33%
2021
$850
—
$37,957
7%
2021
$850
12%
$35,381
7%
2019
$761
5%
$33,016
22%
2018
$728
4%
$27,144
7%
2017
$698
3%
$25,392
4%
2016
$680
—
$24,446
9%
2015
$679
3%
$22,389
18%
2014
$659
—
$18,953
—
View All
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 for 1250 Virbel Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Coldwell Banker Select Reno, Gumer Alvarez (775) 813-6831

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1250 Virbel Lane, Reno, NV 89502 (MLS# 250050287) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1250 Virbel Lane is currently listed for $560,000 and was received on May 23, 2025. Want to learn more about 1250 Virbel Lane? Do you have questions about finding other Duplex real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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