2735 Lakeside Drive

Closed 9/22/25
Closed 9/22/25
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Sold
Last Sold Price
$1,035,000
7 beds4 baths4,198 sqft$247/sqft
2735 Lakeside Dr, Reno, NV 89509
Multi FamilyProperty Type
0.51 acresLot Size
1950Year Built
$247/sq ftPrice per sq ft
10 carsParking Spaces

Description

A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike., Tenants will enjoy the serene setting while being just...A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike., Tenants will enjoy the serene setting while being just minutes from Midtown Reno’s vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area’s strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno’s most sought-after locations.
  • Listed by: Christopher Moton 775.870.7142 chris@marmotproperties.com • Marmot Properties, LLC
Listing closed: 09/22/2025 12:00 AM • Source: NNRMLS, MLS#: 250001087

Recent comparable sales

Median sold price

$860,000

Avg days on market

85

Sale-to-list ratio

90.6%

Reno, NV

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Location

Listing Courtesy of Marmot Properties, LLC, Christopher Moton, License #BS.145493

Sold By Ferrari-Lund Real Estate South, Kenneth Lund, License #BS.144762; Ferrari-Lund Real Estate South, Alicia Lund, License #BS.144930

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$5,429 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,261

Property Taxes

$168

HOA Dues

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Property Information for 2735 Lakeside Drive

Property Details
  • Taxes: $2,017 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Washoe County
  • Zoning: MF 30
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1950
  • Lot Size: 0.51 AC / 22,215 SF
Summary
Location and General Information
  • Directions: Eastshore Dr
  • Address:Parcel Number: 019-232-59
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $2,017
  • Tax Legal:Neighborhood: Virginia Lake
  • Tax Legal:Elementary School: Anderson
  • Tax Legal:Middle Or Junior School: Swope
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $2,017
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF 30
  • Tax Legal:Zoning Source: Assessor
  • Tax Legal:Directions: Eastshore Dr
  • AssociationCommunity:Number Of Buildings: 2.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: Yes
  • Parking Features: Attached, Carport, Garage, Varies by Unit
  • Parking Total: 10.0
  • Parking Information:Parking Total: 10.0
  • Parking Features:Attached: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Varies by Unit: Yes
School Information
  • Elementary School: Anderson
  • High School: Reno
  • Middle Or Junior School: Swope
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Square Feet: 22215.6
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 4198.0
  • Lot:Lot Size Acres: 0.51
  • Lot:Lot Size Square Feet: 22215.6
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 019-232-59
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Number Of Buildings: 2
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Electric: True
  • 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:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Heater:Varies By Unit: 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: 3
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Number Of Separate Gas Meters: 3
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Brick, Frame, Metal Siding, Wood Siding
  • Fencing: Front Yard, Partial
  • Foundation Details: Slab
  • Other Equipment: Varies By Unit
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Window Features: Blinds, Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 2.0
  • Building:ADA Compliant YN: No
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Metal Siding: Yes
  • Construction Materials:Wood Siding: Yes
  • Fencing:Front Yard: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Slab: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Varies: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Central Air, Refrigerated, Varies By Unit
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Varies, Vinyl
  • Heating: Forced Air, Natural Gas, Varies By Unit
  • Heating YN: Yes
  • Laundry Features: Common Area, In Unit, Varies By Unit
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Electric Meters: 3
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Interior:Building Area Total: 4198.0
  • Interior:Building Area Source: Owner
  • Interior:Fireplace YN: No
  • Cooling:Central Air: Yes
  • Cooling:Refrigerated: Yes
  • Flooring:Carpet: Yes
  • Flooring:Varies: Yes
  • Flooring:Vinyl: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:Common Area: Yes
  • Laundry Features:In Unit: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $15,085
  • Gross Scheduled Income: $65,820
  • Net Operating Income: $50,735
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Pro Forma
  • Income and Expenses:Gross Scheduled Income: $65,820
  • Income and Expenses:Net Operating Income: $50,735
  • Income and Expenses:Total Annual Expenses: $15,085
  • Income and Expenses:Vacancy Allowance: $0
Multi Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 2735 Lakeside Drive

DateEvent & SourcePriceAppreciation
Sep 22, 2025

Sold

NNRMLS #250001087

$1,035,000—
Sep 18, 2025

Sold (Public Record)

Public Record #1914150525

$1,035,000

+5.8% / yr

Jul 28, 2025

Pending

NNRMLS #250001087

—
DateEvent & SourcePrice
09/22/2025

Sold

NNRMLS #250001087

$1,035,000
09/18/2025

Sold (Public Record)

Public Record #1914150525

$1,035,000

+5.8% / yr

07/28/2025

Pending

NNRMLS #250001087

—

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

Public Records for 2735 Lakeside Drive

Taxable ValueLand$94,500Additions$43,637Total$138,137
Tax Record2025$2,168 ($181 / month)
Home Facts
Baths4Total Finished SqFt2,290 SqFtAbove Grade Finished SqFt1,235 SqFtFinished Basement SqFt1,055 SqFtUnfinished Basement SqFt1,235 SqFtStories1Lot Size22,174 SqFtStyleDuplexYear Built1950ZoningMF30CountyWASHOEAPN019-232-59

Schools near 2735 Lakeside Drive

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Anderson Elementary School
Public - PK to 5
Darrell C Swope Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Bailey Charter School
Charter - K to 6
Rating
School
Distance
Anderson Elementary School
PublicPK to 5

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Bailey Charter School
CharterK to 6

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2735 Lakeside Drive, Reno, NV 89509
$1,035,000
7
4
4,198
22,215
2705-2715 Lakeside Drive, Unit 2, Reno, NV 89509
$475,000
2
2
1,428
6,098
2705 Lakeside Drive, Reno, NV 89509
$475,000
–
2
1,428
6,184
2755-2757 Lakeside Drive, Reno, NV 89509
$445,000
18
7,864
19,166
2755 Lakeside Drive, Reno, NV 89509
$1,850,000
–
10.5
8,282
19,178
2685-2695 Lakeside Drive, Reno, NV 89509
$475,000
2
2
1,428
6,098

Explore Nearby Homes

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Listing Courtesy of Marmot Properties, LLC, Christopher Moton, License #BS.145493

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.