A new listing came out this evening. Heart of the Old Southwest for a cute little home around 1,300 sqft. No big deal until I looked at the price per sqft... $306.92 per sqft. There's only been 4 homes in the past 4 years to sell over $300 per sqft (current property is on the list of 5 to the right). You can view all the listings here. Click Here to View Listings What do you think? Is $300+ per sqft. worth it for a non-luxury home in the Old Southwest?       04/14/2013

  This Old Reno Southwest Tri-Plex has recently SOLD for $292,000. The property located at 3683 Grant Dr., consisted of three, 2 bedroom, 1.5 bath units each unit at 952 square feet. Each unit had it own one car garage. Located in one of the best areas of Reno, Old Southwest, just off Moana and S. Virginia. You could walk to Old Town Mall, shopping, restaurants, and professional medical offices. Two shopping centers are located across the street, one with a day-care center. Reno bus transit stops right on the corner. This was a great investment opportunity and a California buyer took advantage of the price and location to complete the deal in a 1031 exchange 03/16/2013

Reno Tri-Plex For Sale  Old Southwest Neighborhoo! This is the best SW location, off Moana Lane and Virginia Street. Tenants can walk to busline, shopping, restaurants, medical offices, Old Town Mall and more! Built in 1988, the owners have maintained and improved the property over the years. Situated in a private complex, the building is surrounded mature trees and nice landscaping. The three units are all two bedroom, 2 bath with a one car attached garage. Each unit has a wood-burning fireplace, 3 ceiling fans, mirrored closed doors in the bedrooms and laundry rooms. Two of the units have full size washer and dryers. Mini-blinds, refrigerators, dishwashers, disposals are included. For capital improvements, the owners added a new roof in December of 2010. All new Lennox central air co... 08/26/2012

Reno, Nevada Real Estate For Sale INVESTMENT OPPORTUNITY!   This well maintained and updated Tri-Plex at 3683 Grant Street in Reno is FOR SALE! The long time owners are wanting to retire and have put this Tri-Plex in a private complex up for sale. Comprised of three TWO bedroom 1.5 bath units with attached garages.  All units have 3 ceiling fans, fireplaces, mirrored closet doors in bedrooms and recent carpet changes. Many capital inprovements have made such as a new roof in 2011, new hot water heaters, new A/C and gas forced air units in addition to kitchen remodeling, countertops, toilets, sinks, appliances, and flooring. One of the most desirable locations in Old Southwest Reno.  Right off Moana Lane, tenants can walk to the busline, shopping, restaurants, bakery, shopping, Old Town... 08/21/2012