An exceptional turnkey duplex offering spacious residences, desirable amenities, and a fresh renovation! This well maintained property features two large 2 bedroom, 1 bathroom units, each complete with its own washer and dryer and private backyard. With a long history of strong rental demand, consistent occupancy, and reliable cash flow, this is an exciting opportunity for investors and owner occupants alike. Unit 1196 has been newly renovated and showcases sleek luxury vinyl plank flooring, fresh interior paint, new carpet, upgraded light fixtures, and a beautifully remodeled bathroom. The bathroom features a striking tile shower, tile flooring, new toilet, and a stylish new vanity, creating a fresh and contemporary feel throughout the residence. Both units offer generously sized floor plans and the added convenience of private in unit laundry. Each residence also enjoys its own spacious and private backyard, providing an amenity that is increasingly difficult to find in a duplex setting. The property also features a new water heater. With a proven history of stability, very strong tenant demand, and very limited vacancy, this property is truly turnkey and positioned for a seamless transition to its next owner. Conveniently located with easy access throughout Reno, this is a compelling opportunity to acquire a quality income-producing property with an established track record.
Active
$575,000
1196 Virbel Ln, Reno, NV 89502
4beds
2baths
1,800sqft
Duplex
Built in 1963
-- sqft lot
$-- Zestimate®
$319/sqft
$-- HOA
What's special
Spacious residencesStylish new vanityPrivate in unit laundrySpacious and private backyardGenerously sized floor plansPrivate backyardStriking tile shower
- 18 days
- 491
- 23
Zillow last checked:
Listing updated:
Listed by:
Miranda Vaulet S.63604 775-224-3979,
RE/MAX Professionals-Reno,
Brent Vaulet S.179290 775-527-0031,
RE/MAX Professionals-Reno
Source: NNRMLS,MLS#: 260011879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave
- Laundry: In Unit
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Windows: Vinyl Frames
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: Common
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Back Yard
Lot
- Size: 7,840 Square Feet
- Features: Other
Details
- Additional structures: None
- Parcel number: 02031326
- Zoning: Mf30
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Water Meter Installed
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Reno
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $185,348
- Annual tax amount: $1,129
- Date on market: 9/14/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $575,000+32.2%$319/sqft |
Source: | ||
| 10/26/2023 | Listing removed | -- |
Source: | ||
| 10/25/2021 | Sold | $435,000-10.3%$242/sqft |
Source: Public Record Report a problem | ||
| 9/10/2021 | Pending sale | $485,000$269/sqft |
Source: | ||
| 8/26/2021 | Listed for sale | $485,000+142.5%$269/sqft |
Source: | ||
| 3/14/2016 | Sold | $200,000-4.7%$111/sqft |
Source: Public Record Report a problem | ||
| 2/10/2016 | Pending sale | $209,900$117/sqft |
Source: Chase International-Damonte #160001106 Report a problem | ||
| 1/30/2016 | Listed for sale | $209,900-6.7%$117/sqft |
Source: Chase International-Damonte #160001106 Report a problem | ||
| 6/22/2009 | Sold | $224,972+2.3%$125/sqft |
Source: Public Record Report a problem | ||
| 5/6/2004 | Sold | $220,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,047 +2.8% | $64,872 +2.3% |
| 2025 | $1,018 +7.9% | $63,442 -0.3% |
| 2024 | $943 +8% | $63,651 +4.5% |
| 2023 | $873 +4.4% | $60,894 +19.8% |
| 2022 | $836 +6.7% | $50,823 +32.7% |
| 2021 | $784 +4.9% | $38,308 +14.9% |
| 2020 | $748 -4.6% | $33,335 |
| 2019 | $784 +4.9% | $33,335 +21.4% |
| 2018 | $748 +10.1% | $27,449 +6.8% |
| 2017 | $679 | $25,697 +3.3% |
| 2016 | $679 | $24,878 +9.2% |
| 2015 | $679 -62.5% | $22,791 +18.1% |
| 2014 | $1,811 | $19,305 +3.2% |
| 2013 | $1,811 | $18,712 |
| 2012 | -- | $18,712 -1.2% |
| 2011 | -- | $18,932 +19% |
| 2010 | -- | $15,909 -48.1% |
| 2009 | -- | $30,645 -4.1% |
| 2008 | -- | $31,956 |
| 2007 | -- | $31,956 +27.8% |
| 2006 | -- | $25,004 +4.9% |
| 2005 | -- | $23,826 +1.6% |
| 2004 | -- | $23,449 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Smithridge
Nearby schools
Schools provided by the listing agent
- Elementary: Smithridge
- Middle: Pine
- High: Damonte
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






