1313 Powell Lane

New
New
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$615,000
4 beds8 baths2,444 sqft$252/sqft
1313 Powell Ln, Reno, NV 89502
Est: $3,380/moGet pre-approved

Description

Rare opportunity to assume at 2.25 percent loan for qualified Buyers! This centrally located Reno Duplex is fully rented, offering immediate rental income and excellent investment potential. Conveniently located near shopping, dining, schools, and major commuter routes, this turnkey property is great for a live and rent the other unit or for an investment portfolio. Each side features 2 bedrooms and 2 full bathrooms with one car garage and fenced backyard.Rare opportunity to assume at 2.25 percent loan for qualified Buyers! This centrally located Reno Duplex is fully rented, offering immediate rental income and excellent investment potential. Conveniently located near shopping, dining, schools, and major commuter routes, this turnkey property is great for a live and rent the other unit or for an investment portfolio. Each side features 2 bedrooms and 2 full bathrooms with one car garage and fenced backyard.
LISTING UPDATED: 07/31/2026 03:22 PM

  1. Listed by Amanda Mueller • Brokerage DRE #B.146206 • NextHome Yourpickettfence Group
    P: (857)-244-5730 amanda.nvhomes@gmail.com

Property Details for 1313 Powell Lane

Status
Active
MLS #
260009880
Days on Compass
Listed Today
Taxes
$3,051 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Duplex
Year Built
2004
Lot Size
0.09 AC / 3,951 SF
County
Washoe County
Zoning
SF30
Subdivision Name
Sun Acres 2

Location

Listing Courtesy of NextHome Yourpickettfence Group, Amanda Mueller, License #S.197809
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Building Information for 1313 Powell Lane

Stories2Residences2Year Built2004Building Size-Lot Size0.09 AC / 3,951 SF

Payment Calculator

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$3,380 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,126

Property Taxes

$254

HOA Dues

$0

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Property Information for 1313 Powell Lane

Summary
Location and General Information
  • Latitude: 39.489718
  • Longitude: -119.779382
  • Cross Street: Neil Rd
  • Address:Parcel Number: 020-450-09
  • Address:Cross Street: Neil Rd
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $3,051
  • 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: $3,051
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: SF30
  • AssociationCommunity:Number Of Buildings: 1.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: Yes
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Parking Total: 4.0
  • Parking Information:Parking Total: 4.0
  • Parking Features:Assigned: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
School Information
  • Elementary School: Smithridge
  • High School: Damonte
  • Middle Or Junior School: Pine
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Square Feet: 3951.0
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2444.0
  • Lot:Lot Size Acres: 0.09
  • Lot:Lot Size Square Feet: 3951.0
  • Lot Features:Level: Yes
Property and Assessments
  • Parcel Number: 020-450-09
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 2004
  • Property Sub Type: Duplex
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Possession:Subject To Tenant Rights: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: True
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: 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: Yes
  • Meter Information:Number Of Separate Water Meters: 2
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Patio
  • Stories: 2
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Rain Gutters
  • Fencing: Back Yard
  • Foundation Details: Crawl Space
  • Levels: Two
  • Other Structures: None
  • Roof: Composition, Shingle
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Blinds, Double Pane Windows
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 2.0
  • Building:Outdoor Living Spaces YN: Yes
  • Building:ADA Compliant YN: No
  • Construction Materials:Frame: Yes
  • Exterior Features:Rain Gutters: Yes
  • Fencing:Back Yard: Yes
  • Foundation Details:Crawl Space: Yes
  • Levels:Two: Yes
  • Other Structures:None: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Outdoor Living Spaces Features:Uncovered Patio: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Vinyl
  • Heating: Natural Gas
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Number Of Separate Water Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Electric Meters: 2
  • Bathrooms Total Integer: 6
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Notational: 6.0
  • Bedrooms Total: 4
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior:Building Area Total: 2444.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Cooling:Wall/Window Unit(s): Yes
  • Flooring:Vinyl: Yes
  • Heating:Natural Gas: Yes
  • Interior Features:None: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $7,317
  • Gross Scheduled Income: $46,200
  • Net Operating Income: $37,371
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Cap Rate: 6.08%
  • Income and Expenses:Gross Scheduled Income: $46,200
  • Income and Expenses:Net Operating Income: $37,371
  • Income and Expenses:Total Annual Expenses: $7,317
Multi Family Information
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 1313 Powell Lane

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

NNRMLS #260009880

$615,000—
Jun 3, 2025

Withdrawn

NNRMLS #240013639

$675,000—
Oct 23, 2024

Listed (Active)

NNRMLS #240013639

$675,000—
DateEvent & SourcePrice
07/31/2026

Listed (Active)

NNRMLS #260009880

$615,000
06/03/2025

Withdrawn

NNRMLS #240013639

$675,000
10/23/2024

Listed (Active)

NNRMLS #240013639

$675,000

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

Public Records for 1313 Powell Lane

Taxable ValueLand$42,700Additions$78,758Total$121,458
Tax Record2025$2,826 ($236 / month)
Home Facts
Baths4Total Finished SqFt2,444 SqFtAbove Grade Finished SqFt2,444 SqFtStories2Lot Size3,951 SqFtStyleDuplexYear Built2004ZoningMF30CountyWASHOEAPN020-450-09

Schools near 1313 Powell Lane

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Smithridge Elementary School
Public - PK to 5
E Otis Vaughn Middle School
Public - 6 to 8
Damonte Ranch High School
Public - 9 to 12
Coral Academy Elementary-Northwest
Charter - K to 5
Rating
School
Distance
Smithridge Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Damonte Ranch High School
Public9 to 12

Coral Academy Elementary-Northwest
CharterK 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 1313 Powell Lane, Reno, NV 89502

1313 Powell Lane is a multi-family home for sale in Reno, NV 89502. This property was listed for sale on July 31, 2026 by NextHome Yourpickettfence Group, it's currently listed at $615,000. It has been on the market for a total of 0 days and was last sold on December 28, 2021. This listing's school district is Washoe County School District. Nearby schools include Smithridge Elementary School, E Otis Vaughn Middle School and Damonte Ranch High School. 1313 Powell Lane is a 4-bed, 8-bath, 2,444 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Yourpickettfence Group, Amanda Mueller, License #S.197809

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.