Skip main navigation
Active
  • $575,000

    1196 Virbel Ln, Reno, NV 89502

    4beds
    2baths
    1,800sqft
    : 
    $4,061/mo
    Get pre-qualified
    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
    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.
    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#: 260011879MLS Logo

      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

        DateEventPrice
        9/14/2026Listed for sale$575,000+32.2%$319/sqft
        Source: NNRMLS #260011879 Report a problem
        10/26/2023Listing removed--
        Source: NNRMLS #210012859 Report a problem
        10/25/2021Sold$435,000-10.3%$242/sqft
        Source: Public Record Report a problem
        9/10/2021Pending sale$485,000$269/sqft
        Source: NNRMLS #210012859 Report a problem
        8/26/2021Listed for sale$485,000+142.5%$269/sqft
        Source: NNRMLS #210012859 Report a problem
        3/14/2016Sold$200,000-4.7%$111/sqft
        Source: Public Record Report a problem
        2/10/2016Pending sale$209,900$117/sqft
        Source: Chase International-Damonte #160001106 Report a problem
        1/30/2016Listed for sale$209,900-6.7%$117/sqft
        Source: Chase International-Damonte #160001106 Report a problem
        6/22/2009Sold$224,972+2.3%$125/sqft
        Source: Public Record Report a problem
        5/6/2004Sold$220,000$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Smithridge

        Getting around

        63 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts