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$550,000

  • Sold
  • Closed
  • Duplex
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Two charming bungalows, one unbeatable opportunity! Located near the vibrant Wells Avenue district and just minutes from Midtown and Downtown Reno, this rare property features two free-standing Craftsman-style homes on a single lot-each with its own private fenced yard and timeless curb appeal. Perfectly positioned for both investors and owner-occupants, this gem offers flexibility and function. One home is a cozy 1 bed, 1 bath cottage, while the other is a 2 bed, 1 bath residence with original wood floors and a full basement ideal for storage, creative space, or future expansion. Both units transfer with all appliances-even laundry. Step outside and you'll fall in love with the beautifully landscaped front yard -an ideal spot to soak in Reno sunsets and unwind in style. Pride of ownership shines throughout, with thoughtful upgrades including a sewer line replacement (less than 10 years ago) and a ducted heat pump cooling system in 134 E Arroyo. With General Commercial zoning, this property opens the door to a wide array of future uses-from mixed-use development to continued multifamily income. Currently estimated to generate 36,000/year in long-term rental income at a 5.5 cap rate, it's a smart, stable investment with low overhead. Also great for short-term rental potential or a house-hacker looking to live in one unit and rent the other! Multiple units, an excellent location, and a price that makes sense-don't let this rare Midtown-area find slip through your fingers!

Full Property Details for 134 and 154 E Arroyo St

General

  • Sold For: $550,000
  • Taxes: $894
  • Status: Closed
  • Type: Duplex
  • Source: 2502
  • MLS ID: 250053528
  • Added to Site: 176 day(s) ago

Interior

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood

Rooms

Other Rooms

  • Laundry: In Unit, Washer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Total Spaces: 4
  • Parking Features: Alley Access, Parking Pad

Location

  • County: Washoe

School Information

  • Elementary School: Veterans
  • Middle School: Vaughn
  • High School: Wooster

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Evaporative Cooling, Heat Pump, Wall/Window Unit(s)
  • Heating Type: Electric, Forced Air, Heat Pump, Natural Gas, Wall Furnace

Utilities

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

Structural Information

  • # Buildings: 2
  • Exterior Const.: Brick, Frame, Wood Siding
  • Roof: Composition, Shingle
  • Windows: Blinds, Single Pane Windows, Wood Frames
  • Stories/Levels: 1
  • Building Size: 1148
  • Year Built: 1937

Additional Structures

  • Other Structures: Shed(s), None

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969.6
  • Lot Features: Landscaped
  • Zoning: GC
  • Fencing (Description): Back Yard, Front Yard, Partial

Financial Considerations

  • Price Per Sq. Ft.: $479.09
  • Tax Amount: $894.46
  • Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Owner Pays: Water, Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • APN: 014-134-04

Listed and Sold by TrueNest Properties, Wesley Pittman (775) 908-7775

Listing agent

— 134 and 154 E Arroyo St —

  • Wesley Pittman

    TrueNest Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 134 and 154 E Arroyo St

School District:Washoe County School District
NameGradesDistance
Veterans Memorial Elementary School
1200 Locust Street, Reno, NV 89502
K-50.3 mi
E Otis Vaughn Middle School
1200 Bresson Avenue, Reno, NV 89502
6-80.6 mi
Earl Wooster High School
1331 East Plumb Lane, Reno, NV 89502
9-121.1 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 134 and 154 E Arroyo St

Date
Details
Price
Change
Source
8/27/2025
Sold
$550,000
—
MLS
7/24/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by TrueNest Properties, Wesley Pittman (775) 908-7775

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134 and 154 E Arroyo Street, Reno, NV 89502 (MLS# 250053528) is a Duplex property that was sold at $550,000 on August 27, 2025. Want to learn more about 134 and 154 E Arroyo Street? 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.