Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000
Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income.
Investment Highlights:
• Dual Income Potential: With projected rental incomes of $2,250 for the upper unit and$2,000 for the lower unit, you can realize strong returns as you complete the necessary renovations.
• Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements.
• Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants.
Prime Location:
Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home.
Don't Miss Out: this price is only $173.97 per square foot...
Whether you're an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment.
Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!
Active
Price cut: $10K (8/1)
$379,000
1145 Kirman Ave, Reno, NV 89502
--beds
0baths
2,236sqft
Est.:
Duplex
Built in 1959
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
Spacious layoutPractical floor planAmple living space
- 50 days
- on Zillow |
- 1,826 |
- 110 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 09:28am
Listed by:
Karen Greathouse B.1000788 775-677-4663,
Greathouse Real Estate
Source: NNRMLS,MLS#: 250051860

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None
Appliances
- Included: Dishwasher, Electric Range
- Laundry: In Unit
Features
- Flooring: Concrete, Tile, Wood
- Windows: Aluminum Frames, Double Pane Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,236
- Total interior livable area: 2,236 sqft
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Attached, Parking Pad, Tandem
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 5,227.2 Square Feet
- Features: Corner Lot, Landscaped, Level
Details
- Additional structures: None
- Parcel number: 01323633
- Zoning: MF14
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Brick Veneer, ICAT Recessed Lighting, Vertical Siding, Wood Siding
- Foundation: Slab
- Roof: Composition,Pitched
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Internet Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Community & HOA
Community
- Subdivision: Burke'S Addition
Location
- Region: Reno
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $148,791
- Annual tax amount: $733
- Date on market: 6/20/2025
- Listing terms: 1031 Exchange,Cash
- Tenant pays: All Utilities
- Loading
- Loading