Property Description

Great opportunity to own a versatile mixed-use property in the heart of Reno’s vibrant Downtown Riverwalk District! This property offers excellent flexibility for investors, entrepreneurs, or homeowners looking for a live-work option. Zoned for mixed-use, the space can function as residential multifamily or be converted into office or commercial use(subject to city approval). Prime location with endless potential.The property features two separate living units, making it ideal for multi-generational living, rental income, or owner-user scenarios. The upper unit offers two bedrooms and one fully remodeled bathroom, complete with modern fixtures, tile finishes a, and stylish updates throughout. The main living space is bright and welcoming, offering wood flooring, fresh paint, and thoughtful updates that blend comfort and functionality.Downstairs, the lower unit features a one-bedroom, one-bath layout with an additional bonus room, ideal for a home office, guest space, or creative studio. This unit also features tasteful improvements, contributing to the overall move-in-ready feel of the property.Exterior features include a recently installed patio cover, perfect for outdoor entertaining or relaxing on warm evenings, and a newer privacy gate in the backyard area for added security and functionality. A new roof was installed, offering peace of mind for years to come.Whether you’re looking to add an income-producing asset to your portfolio or seeking a live/work scenario in one of Reno’s most desirable downtown zones, this property presents a compelling opportunity.Don’t miss your chance to own a property in a growing area with tons of walkability, visibility. Must see to appreciate the updates, layout, and possibilities this property provides. Schedule your showing today!

Features
: Internet Available, Water Meter Installed, Varies By Unit, Cable Available, Sewer Available, Water Available, Cellular Coverage, Phone Available, Electricity Connected, Sewer Connected, Water Connected, Internet Connected, Natural Gas Connected
: No
Address Map
US
NV
Washoe
Reno
Wells Addition
89502
Ryland
516
0
W120° 11' 41.8''
N39° 31' 24.9''
Neighborhood
Booth
Wooster
Vaughn
Additional Info
Redfin
Sandra Peterson
07-30-2025 21:57:49
Active
07-30-2025
14323
2152-o
07-30-2025
$0
07-30-2025 22:29:41
2
$0
013-011-25
$0
$0

Residential Income Residential

516 Ryland, Reno, Nevada 89502

0.08 Acre
$699,000
Listing ID #250053841
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250053841
Serial Number : 20250730203533572493000000
Price : $699,000
View : Trees
Year Built : 1932
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