263/ 267 Cheney ST Street new

Reno,NV 89502

$ 1550000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Wells Addition

MLS Listing ID 250050075

Year Built 1936

Annual Tax Amount $799

Lot Size 3,484 Sqft

Property Sub-Type Quadruplex

Property Description

This unique 4-unit investment opportunity consists of two separate parcels—a beautifully renovated 1937 duplex at 263 Cheney St in the front, and a brand-new construction duplex at 267 Cheney St in the rear, slated for completion in early July.

The original front duplex offers timeless charm with modern updates. It features well-maintained units, each with their own private outdoor space. Washer and dryer are included in all units except the lower level, and select furnishings in the upstairs unit may be available for purchase directly from the current occupant.

The newly built rear duplex at 267 Cheney showcases sleek, modern design with mirrored 2-bedroom, 2.5-bathroom units, each with its own laundry and private outdoor space—an ideal setup for maximizing rental income and attracting quality tenants.

Key highlights:

2 separate parcels - potential to sell individually, though owner prefers to sell together

5 off-street parking spaces total: 2 in front (via access easement on the west side) and 3 in back (alley access for new duplex)

Brand-new water line to the property

Prime Midtown location—walkable to restaurants, coffee shops, and local entertainment

Excellent option for investors or owner-occupants seeking rental income

Private outdoor space for each unit

Projected completion for new construction: early July

This property offers flexibility, functionality, and long-term value in one of Reno's most desirable neighborhoods. Don't miss the chance to own a thoughtfully upgraded and intelligently designed multi-family property in the heart of Midtown.

Location

State NV

County Washoe

Community Wells Addition

Area Wells Addition

Zoning MF30

Interior

Heating Forced Air,Wall Furnace

Cooling Central Air

Flooring Tile

Fireplaces Number 1

Fireplaces Type Insert

Equipment Varies By Unit

Laundry In Unit,Varies By Unit

Exterior

Exterior Feature None

Parking Features Alley Access,Assigned,Varies by Unit

Pool None

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N No

Roof Type Pitched,Shingle

Building

Lot Description Other

Story 2

Foundation Crawl Space

Water Public

Structure Type Aluminum Siding,Vertical Siding

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA

Listing Terms 1031 Exchange,Cash,Conventional,FHA

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