About This Home

This 4-bedroom, 4-bathroom multi-family at 341 W Arroyo Street in Reno, NV is listed for $1,050,000 ($242 per sqft). Built in 1943, the home offers 4,344 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1943
  • 0.16 acre lot

Property Details

1 story
4 full
1943

Amenities

A/C
Listing Description

Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street- this unique property offers timeless character, versatility, and excellent investment potential.

Each residence showcases the charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can't be replicated in newer construction. Each residence also has a detached garage for parking and storage.

1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom.

Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno's beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space.

Downstairs, you'll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom.

Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you're looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities.

Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street - two residences, one exceptional Old Reno opportunity.

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

341 W Arroyo Street

Reno, NV 89509

Sierra Vista Tract

Features & Amenities

Exterior Features

Awning(s)Rain Gutters

Property Details

Flooring

Wood

Construction

Brick

Parking

OpenGarageAlley

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

OvenDishwasherDisposalDryerElectric OvenElectric RangeMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 341 W Arroyo Street is listed at $1,050,000 ($242/sqft). The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, 0.16 acre lot. Exterior Features: Awning(s), Rain Gutters.

This property is listed by Isabel Concha-Foley.

IC

Isabel Concha-Foley

License S.189583

Agent at Chase International Real Estate

Listed by Chase International Real Estate · Broker phone: (866) 889-4817 · View on Broker Site · Broker website

MLS# 260011940· Source: Northern Nevada Regional MLS, Inc.· 44 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.

341 W Arroyo Street, Reno, NV 89509

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