About This Home

This 8-bedroom, 4-bathroom multi-family at 3271 Gypsum Road in Reno, NV is listed for $1,100,000 ($239 per sqft). Built in 1964, the home offers 4,608 sqft of living space on a 0.40 acres lot.

Key Features

  • Built in 1964
  • 0.40 acre lot
  • 2 stories
  • 8 parking spaces
  • Fireplace

Property Details

2 stories
4 full
8 spaces
1964

Amenities

Fireplace
Listing Description

One of three fourplex buildings available near the University of Nevada, Reno-an opportunity to purchase individually or explore a portfolio acquisition! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently occupied by long-term tenants.

Each unit offers a functional floor plan, a wood-burning fireplace, and an assigned 1-car garage for additional parking and storage. Conveniently located near UNR, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to expand your investment portfolio with established tenancy.

See Associated Documents for additional information, including cash flow details for each unit. Contact the listing agent for information about the two additional fourplexes and potential purchase options.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

3271 Gypsum Road

Reno, NV 89503

Reno Foothills 1

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

CarpetVinyl

Construction

Brick Veneer Wood Siding

Parking

Garage

Heating

Wall Furnace

Appliances

DishwasherElectric Range

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 3271 Gypsum Road is listed at $1,100,000 ($239/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.40 acre lot, 2 stories, 8 parking spaces, Fireplace. Exterior Features: Balcony.

This property is listed by Felisa Cusimano-Martin and can be reached at 7752508033.

FC

Felisa Cusimano-Martin

License S.67423

Agent at Dickson Realty Inc

(775) 250-8033
Agent website

Listed by Dickson Realty Inc · Broker phone: (775) 746-7000 · View on Broker Site · Broker website

MLS# 260012260· Source: Northern Nevada Regional MLS, Inc.· 24 days on PropertySimple

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3271 Gypsum Road, Reno, NV 89503

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