Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street— this unique property offers timeless character, versatility, and excellent investment potential. Each residence showcases the charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can't be replicated in newer construction. Each residence also has a detached garage for parking and storage. 1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom. Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno's beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom. Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you're looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities. Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street — two residences, one exceptional Old Reno opportunity.
Active
$1,070,000
341 W Arroyo St, Reno, NV 89509
4beds
4baths
4,344sqft
Duplex
Built in 1943
-- sqft lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
Exercise spaceUnique architectural detailsAdditional covered parkingAmple storageCovered outdoor patioCharming front yardHardwood floors
- 7 days
- 844
- 27
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Isabel Concha-Foley S.189583 775-790-1387,
Chase International-Damonte
Source: NNRMLS,MLS#: 260011940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Wood
- Windows: Double Pane Windows, Drapes, Rods, Vinyl Frames
- Has fireplace: No
Interior area
- Total structure area: 4,344
- Total interior livable area: 4,344 sqft
Property
Parking
- Parking features: Alley Access, Detached, Garage, Garage Door Opener
Features
- Levels: Two
- Stories: 1
- Exterior features: Awning(s), Rain Gutters
- Fencing: Front Yard
Lot
- Size: 6,969 Square Feet
- Features: Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: None
- Parcel number: 01411307
- Zoning: MU-RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Keyless Entry
- Subdivision: Sierra Vista Tract
Location
- Region: Reno
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $296,616
- Annual tax amount: $2,392
- Date on market: 9/16/2026
- Listing terms: 1031 Exchange,Cash
- Tenant pays: Internet, Gardener, Water, Telephone, Snow Removal, Grounds Care, Gas, Electricity, Cable TV
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $1,070,000-1.8%$246/sqft |
Source: | ||
| 6/29/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/8/2026 | Listed for sale | $1,090,000+11.2%$251/sqft |
Source: Owner Report a problem | ||
| 10/19/2024 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2024 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/19/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2022 | Sold | $980,000-1.9%$226/sqft |
Source: Public Record Report a problem | ||
| 6/16/2022 | Pending sale | $999,000$230/sqft |
Source: | ||
| 6/13/2022 | Listing removed | -- |
Source: | ||
| 5/25/2022 | Pending sale | $999,000$230/sqft |
Source: | ||
| 4/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2022 | Price change | $2,300-4.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/11/2022 | Listed for rent | $2,400+20.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/11/2022 | Listing removed | -- |
Source: | ||
| 2/8/2022 | Pending sale | $999,000$230/sqft |
Source: | ||
| 1/26/2022 | Price change | $999,000-4.9%$230/sqft |
Source: | ||
| 12/4/2021 | Price change | $1,050,000-4.5%$242/sqft |
Source: | ||
| 11/12/2021 | Listed for sale | $1,100,000+70.1%$253/sqft |
Source: | ||
| 2/6/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/7/2020 | Listed for rent | $1,995+5% |
Source: Owner Report a problem | ||
| 7/19/2019 | Listing removed | $1,900 |
Source: Owner Report a problem | ||
| 7/17/2019 | Listed for rent | $1,900 |
Source: Owner Report a problem | ||
| 5/15/2019 | Sold | $646,500-0.5%$149/sqft |
Source: Public Record Report a problem | ||
| 4/17/2019 | Listed for sale | $649,900+150%$150/sqft |
Source: Northern NV Real Estate Group #190005077 Report a problem | ||
| 7/20/2012 | Sold | $260,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,215 +7.9% | $103,816 +0.6% |
| 2025 | $2,052 +8% | $103,165 -0.2% |
| 2024 | $1,900 +8% | $103,422 +5.1% |
| 2023 | $1,760 +7.9% | $98,362 +26.6% |
| 2022 | $1,631 +6.4% | $77,668 +17.4% |
| 2021 | $1,533 +4.9% | $66,132 +11.4% |
| 2020 | $1,461 -4.7% | $59,362 |
| 2019 | $1,533 +4.9% | $59,362 +19.1% |
| 2018 | $1,461 +12.9% | $49,844 +2.6% |
| 2017 | $1,295 | $48,561 -3.1% |
| 2016 | $1,295 | $50,113 +26% |
| 2015 | $1,295 +3.8% | $39,780 +7.5% |
| 2014 | $1,247 | $37,018 +12.6% |
| 2013 | $1,247 | $32,863 |
| 2012 | -- | $32,863 +0.1% |
| 2011 | -- | $32,824 +1.4% |
| 2010 | -- | $32,371 -18.6% |
| 2009 | -- | $39,790 -13.6% |
| 2008 | -- | $46,044 |
| 2007 | -- | $46,044 +11.7% |
| 2006 | -- | $41,216 +4.3% |
| 2005 | -- | $39,506 +5.1% |
| 2004 | -- | $37,604 -0.6% |
| 2003 | -- | $37,838 +0.4% |
| 2002 | -- | $37,694 |
| 2001 | -- | $37,694 |
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.Climate risks
Neighborhood: Midtown
Nearby schools
Schools provided by the listing agent
- Elementary: Mt. Rose
- Middle: Swope
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






