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$1,035,000

  • Sold
  • Closed
  • Multi-Family
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A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake's scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike., Tenants will enjoy the serene setting while being just minutes from Midtown Reno's vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area's strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno's most sought-after locations.

Full Property Details for 2735 Lakeside Dr

General

  • Sold For: $1,035,000
  • Taxes: $2,016
  • Status: Closed
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 250001087
  • Added to Site: 396 day(s) ago

Interior

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Varies, Vinyl

Rooms

Other Rooms

  • Laundry: Common Area, In Unit, Varies By Unit

Additional Information

  • Security/Safety: Smoke Detector(s)
  • Equipment: Varies By Unit

Parking

  • Attached garage: Yes
  • Total Spaces: 10
  • Parking Features: Attached, Carport, Garage, Varies by Unit

Location

  • County: Washoe
  • Driving Directions: Eastshore Dr

School Information

  • Elementary School: Anderson
  • Middle School: Swope
  • High School: Reno

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Refrigerated, Varies By Unit
  • Heating Type: Forced Air, Natural Gas, Varies By Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • # Buildings: 2
  • Exterior Const.: Brick, Frame, Metal Siding, Wood Siding
  • Roof: Composition, Pitched, Shingle
  • Windows: Blinds, Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
  • Stories/Levels: 2
  • Building Size: 4198
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.51
  • Lot Size (Sq. Ft.): 22,215.6
  • Frontage: Public
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped
  • Zoning: MF 30
  • Fencing (Description): Front Yard, Partial

Financial Considerations

  • Price Per Sq. Ft.: $250.12
  • Tax Amount: $2,016.81
  • Terms: 1031 Exchange, Cash, Conventional
  • Owner Pays: All Utilities
  • Tenant Pays: All Utilities

Disclosures and Reports

  • APN: 019-232-59

Listed by Marmot Properties, LLC, Christopher Moton (775) 870-7142
Sold by Ferrari-Lund Real Estate South, Kenneth Lund and Ferrari-Lund Real Estate South, Alicia Lund

Listing agent

— 2735 Lakeside Dr —

  • Christopher Moton

    Marmot Properties, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2735 Lakeside Dr

School District:Washoe County School District
NameGradesDistance
Anderson Elementary School
1055 Berrum Lane, Reno, NV 89509
K-50.2 mi
Darrell C Swope Middle School
901 Keele Drive, Reno, NV 89509
6-82.3 mi
Reno High School
395 Booth Street, Reno, NV 89509
9-121.8 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 2735 Lakeside Dr

Date
Details
Price
Change
Source
9/22/2025
Sold
$1,035,000
-1.43%
MLS
1/30/2025
Listed
$1,050,000
—
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 by Marmot Properties, LLC, Christopher Moton (775) 870-7142
Sold by Ferrari-Lund Real Estate South, Kenneth Lund and Ferrari-Lund Real Estate South, Alicia Lund

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2735 Lakeside Drive, Reno, NV 89509 (MLS# 250001087) is a Multi-Family property that was sold at $1,035,000 on September 22, 2025. Want to learn more about 2735 Lakeside Drive? Do you have questions about finding other Multi-Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.