1250 Virbel Ln

Reno, NV 89502

$560,000
Price
—
Beds
—
Baths
1,800 Sq. Ft.
$311 / Sq. Ft.
1,800
Sq. Ft.
$311
per Sq. Ft.
a view of swimming pool with outdoor seating and plants
a view of hallway with wooden floor
a view of a hallway with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window

Description

Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the...Excellent investment opportunity with this centrally located 2-unit multifamily duplex! Each unit features 2 bedrooms and 1 bathroom. One unit has been recently updated with new laminate flooring throughout and fresh interior paint. Both units are currently rented, offering steady cash flow from day one. Conveniently situated near schools, shopping centers, the airport, and just minutes from the popular Meadowood Mall. Don't miss this chance to own a well-located, income-producing property in the heart of the city! Agents see private remarks.
  1. Listed by Gumer Alvarez • Coldwell Banker Select Reno
    P: (775)-813-6831 gumer.alvarez@cbselectre.com

Property Details for 1250 Virbel Lane

Zoning
MF30
LISTING UPDATED: 12/15/2025 11:22 AM

Property Details for 1250 Virbel Lane

StatusActive
MLS #250050287
Days on Compass219
Taxes$1,069 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1963
Lot Size0.16 AC / 6,969 SF
CountyWashoe County

Location

Listing Courtesy of Coldwell Banker Select Reno, Gumer Alvarez, License #S.62360
Add your commute

Building Information for 1250 Virbel Lane

Stories1Residences2Year Built1963Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,856 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,767

Property Taxes

$89

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1250 Virbel Lane

Summary
Location and General Information
  • Latitude: 39.489975
  • Longitude: -119.780872
  • Cross Street: Neil rd
  • Address:Parcel Number: 020-313-33
  • Address:Cross Street: Neil rd
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,069
  • Tax Legal:Neighborhood: Smithridge
  • Tax Legal:Elementary School: Smithridge
  • Tax Legal:Middle Or Junior School: Pine
  • Tax Legal:High School: Damonte
  • Tax Legal:Tax Annual Amount: $1,069
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Utilities Assessment to Assume YN: Yes
  • Tax Legal:Zoning: MF30
  • Tax Legal:Zoning Source: Assessor
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: No
  • Parking Features: None
  • Parking Features:None: Yes
School Information
  • Elementary School: Smithridge
  • High School: Damonte
  • Middle Or Junior School: Pine
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 1800.0
  • Lot:Lot Size Acres: 0.16
  • Lot:Lot Size Square Feet: 6969.6
  • Lot:Pool Private YN: No
  • Lot Features:Corner Lot: Yes
Property and Assessments
  • Parcel Number: 020-313-33
  • Possession: Subject To Tenant Rights
  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Duplex
  • Possession:Subject To Tenant Rights: Yes
Utilities
  • Sewer: True
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: True
  • Utilities:Cooling YN: No
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Number Of Separate Electric Meters: 2
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Number Of Separate Gas Meters: 2
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Stories: 1
  • Construction Materials: Wood Siding
  • Exterior Features: None
  • Fencing: Back Yard
  • Foundation Details: Crawl Space
  • Levels: One
  • Other Structures: None
  • Roof: Composition, Shingle
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Blinds, Double Pane Windows
  • Pool Private YN: No
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 1.0
  • Building:Outdoor Living Spaces YN: No
  • Building:ADA Compliant YN: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None: Yes
  • Fencing:Back Yard: Yes
  • Foundation Details:Crawl Space: Yes
  • Levels:One: Yes
  • Other Structures:None: Yes
  • Pool Features:None: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Cooling YN: No
  • Fireplace YN: No
  • Flooring: Carpet, Laminate, Vinyl
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Laundry Features: Washer Hookup
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Units Leased: 2
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Electric Range, Refrigerator
  • Interior:Building Area Total: 1800.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Vinyl: Yes
  • Heating:Wall Furnace: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:None: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:Washer Hookup: Yes
Multi Family
Income & Expenses
  • Income and Expenses:Income Info Withheld YN: No
Multi Family Information
  • Number Of Units Total: 2
  • Unit Details:Number Of Units Leased: 2
Rental
Rent Information
  • Tenant Pays: Gas, Electricity
  • Pet Information:Pets Allowed YN: Yes
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Gas: Yes

Property History for 1250 Virbel Lane

DateEvent & SourcePriceAppreciation
May 23, 2025

Listed (Active)

NNRMLS #250050287

$560,000—
Oct 9, 2012

Sold (Public Record)

Public Record #340486777

$105,000

-10.1% / yr

Jun 2, 2005

Sold (Public Record)

Public Record #159204285

$230,000—
DateEvent & SourcePrice
05/23/2025

Listed (Active)

NNRMLS #250050287

$560,000
10/09/2012

Sold (Public Record)

Public Record #340486777

$105,000

-10.1% / yr

06/02/2005

Sold (Public Record)

Public Record #159204285

$230,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1250 Virbel Lane

Taxable ValueLand$42,700Additions$20,330Total$63,030
Tax Record2024$1,069 ($89 / month)
Home Facts
Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size6,900 SqFtStyleDuplexYear Built1963ZoningMF30CountyWASHOEAPN020-313-33

Schools near 1250 Virbel Lane

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Smithridge Elementary School
Public - PK to 5
Edward L Pine Middle School
Public - 6 to 8
Damonte Ranch High School
Public - 9 to 12
Mariposa Academy Charter School
Charter - PK to 5
Rating
School
Distance
Smithridge Elementary School
PublicPK to 5

Edward L Pine Middle School
Public6 to 8

Damonte Ranch High School
Public9 to 12

Mariposa Academy Charter School
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1250 Virbel Lane, Reno, NV 89502

1250 Virbel Lane is a multi-family home for sale in Reno, NV 89502. This property was listed for sale on May 23, 2025 by Coldwell Banker Select Reno, it's currently listed at $560,000. It has been on the market for a total of 219 days and was last sold on October 9, 2012. This listing's school district is Washoe County School District. Nearby schools include Smithridge Elementary School, Edward L Pine Middle School and Damonte Ranch High School. 1250 Virbel Lane is a 0-bed, 0-bath, 1,800 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Select Reno, Gumer Alvarez, License #S.62360

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.