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.

Features
: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
: Rt On Angel Ridge
: No
Address Map
US
NV
Washoe
Reno
Wells Addition
89502
Cheney
263/ 267
0
W120° 11' 40.6''
N39° 31' 7.1''
Neighborhood
Booth
Wooster
Vaughn
Additional Info
Marmot Properties, LLC
Laura Kirsch
05-20-2025 19:36:36
Active
05-20-2025
11532
1854-o
05-19-2025
$0
05-30-2025 21:07:39
2
$0
013-111-24
$0
$0

Residential Income Residential

263/ 267 Cheney, Reno, Nevada 89502

0.08 Acre
$1,550,000
Listing ID #250050075
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250050075
Serial Number : 20250519195501396548000000
Price : $1,550,000
View : Trees
Year Built : 1936
Lot Area : 0.08 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent