124 Malone Ln, Reno, NV 89502
Property image
Property image
OFF MARKET

124 Malone Ln
Reno, NV 89502

East Reno
  • Studio
  • 4,460 sqft

$2,048,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $11,237/mo*
Refinance Your Home

$2,048,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $11,237/mo*
Refinance Your Home
Studio
4,460 sqft

Home Value

Trulia Estimate
$2.05M
Since last month
Increased$69K (+3.5%)
Since last year
Increased$361K (+21.7%)
Since last sale
Increased$523K (+34.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +576% in the last 10 years
MonthEstimated value
2026
August 2026$2.02M
July 2026$1.95M
June 2026$2.09M
May 2026$2.11M
April 2026$1.9M
March 2026$1.99M
February 2026$1.98M
January 2026$1.78M
2025
2024
2023
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1116 Wheeler Ave, Reno, NV
0.08
Multi-Family Home
$995,000
07/10/26
8
8
3,000
175 Wonder St, Reno, NV
0.10
Multi-Family Home
$864,000
06/10/26
6
3
2,592
204 Moran St, Reno, NV
0.35
Multi-Family Home
$1,060,450
01/23/26
-
3,843
629 Sinclair St, Reno, NV
0.32
Multi-Family Home
$975,000
11/10/25
3
5
2,700
170 E Arroyo St, Reno, NV
0.29
Multi-Family Home
$840,000
10/01/25
2
2
2,056
267 Cheney St, Reno, NV
0.21
Multi-Family Home
$795,000
09/30/25
-
2,336
540 Monroe St, Reno, NV
0.49
Multi-Family Home
$920,000
04/24/26
8
4
3,250
632 S Wells Ave #1, Reno, NV
0.33
Multi-Family Home
$1,050,000
12/18/25
4
-
2,180
985 E Taylor St, Reno, NV
0.61
Multi-Family Home
$870,000
10/24/25
-
2,185
529 Moran St, Reno, NV
0.44
Multi-Family Home
$775,000
01/07/26
-
1,962

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
251 Crampton St, Reno, NV 89502
0.07
$419,700
2
1
784
Off Market
315 Crampton St, Reno, NV 89502
0.11
$1,090,000
7
6
3,108
For Sale
901 Wheeler Ave, Reno, NV 89502
0.12
$150,000
2
1
1,275
Recently Sold
880 S Center St, Reno, NV 89501
0.13
$700,000
2
2.5
1,824
Recently Sold
870 S Center St, Reno, NV 89501
0.13
$673,100
2
2.5
1,824
Off Market
860 S Center St, Reno, NV 89501
0.13
$665,300
2
2.5
1,824
Off Market
837 Wheeler Ave, Reno, NV 89502
0.14
$417,000
3
2
1,055
Off Market
1135 Wheeler Ave, Reno, NV 89502
0.10
$425,700
2
1
872
Off Market
175 Wonder St, Reno, NV 89502
0.10
$864,000
6
3
2,592
Recently Sold
440-450 Claremont, Reno, NV 89502
0.12
$688,700
Studio
-
-
Off Market
327 E Taylor St, Reno, NV 89502
0.17
-
-
-
-
Off Market
Cheney St, Reno, NV 89502
0.17
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 124 Malone Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1962
Living Area
4,460 sqft
Price/Sqft
$459
Parking
Garage

About this House

This ten-plex is centrally located and walking distance from "Midtown." Eight one bedroom & 2 studio units. This complex enjoys superb rentability and has very quick access to the UNR campus. This is an all-brick complex that has been renovated with a new roof, new dual pane vinyl windows, remodeled baths and interior carpeting, not to mention many several of the units have new kitchen cabinetry and appliances. Separately metered. DO NOT DISTURB TENANTS - NO SIGN ON PROPERTY. See extended remarks.
124 Malone Ln, Reno, NV 89502 is a studio, 4,460 sqft multi-family in East Reno, built in 1962. It last sold for $1,500,000 on Jun 7, 2021. It is currently off market. The Trulia Estimate is $2,048,300, with a rent estimate of $1,840/month.

Home Details for 124 Malone Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Appliances & Utilities
MicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: Brick
Parking & Garage
GarageParking Spaces: 9Parking: Garage Attached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 10

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Jun 7, 2021
Source: N/A
Sold
$1,500,000
May 2, 2021
Source: NNRMLS #210005674
Pending
$1,375,000
Apr 29, 2021
Source: NNRMLS #210005674
Listed For Sale
$1,375,000
May 21, 2013
Source: N/A
Sold
$479,000
Jan 4, 2013
Source: Agent Provided
PriceChange
$538,900
Price decreased by 2%

Market trends in Reno

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$589K
$20.17KMoM
Sale-to-List Price
99.8%
0.1%MoM
Price per sq ft
$335
$4MoM
Available listings
1083
23MoM
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Around this home

Neighborhood Overview

East Reno
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Reno

At least 47 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 89 % Say there are sidewalks

  • 82 % Say it's walkable to restaurants

  • 73 % Say car is needed

  • 66 % Say parking is easy

  • 63 % Say there's holiday spirit

  • 60 % Say yards are well-kept

  • 59 % Say it's walkable to grocery stores

  • 49 % Say people would walk alone at night

  • 48 % Say kids play outside

  • 48 % Say they plan to stay for at least 5 years

  • 44 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 36 % Say streets are well-lit

  • 23 % Say there's wildlife

  • 15 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Wells Avenue is a very busy street and has poor lighting at night. there have been a number of pedestrians hit over the last few years so please be mindful of your children, pets and yourself when walking along it. "
    1
    Flag
  • Trulia User
    "Great stretches of sidewalks, crosswalks have lights at some intersections. There are also places where they have poop disposal for the owners!"
    0
    Flag
  • Colleen
    "Close to downtown and within 5 minutes to the freeways. Good for bicycles and walking. Lots of street parking."
    2
    Flag
  • Stephanie W.
    "It's close enough to everything that it takes very little time to go anywhere. Midtown, downtown, sparks, the hospital, school, a park. Anywhere "
    16
    Flag
  • Robmadry
    "We aren’t far from the annual Sparks rib contest and we really enjoy the art walks along the river and some of the events that are related to Burning Man."
    3
    Flag
  • Sherry P.
    "I've been in this neighborhood for almost 15 years. Love Shoppers Square stores. Has a pharmacy, grocery store, fast food, hair salon, Ice cream shops and banks."
    11
    Flag
  • Sherry P.
    "My neighborhood is made up of a very diverse people. Old, young, single, married, etc. Owners and renters. I've lived in this area over 10 years. I use the same bank, stores, pharmacies, restaurants, hairdresser, ect since I moved to the area. I can do everything I need to within a one mile radius. I love my neighborhood !"
    2
    Flag
  • jrcoleman007
    "Quiet Cul-de-sac end property located off one-way street (Kirman southbound). Good neighbors and above average surrounding properties. Convenient central Reno location only one mile from airport with easy access to Plumb Lane, and So. Virginia Street. Only 1 1/2 blocks to Reno Veterans Hospital!"
    1
    Flag

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Homes for sale near 124 Malone Ln

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Off Market Homes Near 124 Malone Ln

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Frequently asked questions about 124 Malone Ln

  • What is 124 Malone Ln estimated to be worth?
    Trulia's estimated value for 124 Malone Ln in Reno, NV is $2,048,300.
  • What is the price history for 124 Malone Ln?
    124 Malone Ln in Reno, NV last sold for $1,500,000 in June 2021.
  • Is Reno a buyer's or seller's market?
    Reno is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Reno?
    The median sale price in Reno is $589K. That is up $20.17K from the prior month.