531 Mill St, Reno, NV 89502
Property image
Property image
OFF MARKET

$905,000

Last sold price
  • Studio
  • 2,548 sqft

531 Mill St, Reno, NV 89502

Ryland
Currently Off Market - Sold Dec 16, 2024 for $905,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.17
Multi-Family Home
$860,000
01/15/26
-
2,940
0.34
Multi-Family Home
$775,000
01/07/26
-
1,962
0.45
Multi-Family Home
$975,000
11/10/25
3
5
2,700
0.41
Multi-Family Home
$1,060,450
01/23/26
-
3,843
0.24
Multi-Family Home
$500,000
11/07/25
-
1,450
0.35
Multi-Family Home
$770,000
06/29/26
2
3
2,163
0.22
Multi-Family Home
$675,000
12/12/25
-
1,921
0.62
Multi-Family Home
$745,000
12/29/25
-
2,165
0.51
Multi-Family Home
$795,000
09/30/25
-
2,336

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
0.04
$474,600
1
1.5
1,016
Off Market
0.04
$447,200
1
1.5
1,016
Off Market
0.05
-
-
-
-
Off Market
0.05
-
Studio
-
1,812
Off Market
0.10
$285,200
2
2
1,128
Off Market
0.13
$534,950
2
2
1,330
For Sale
0.13
$534,500
2
2
1,330
Off Market
0.12
$525,400
2
2
1,422
Off Market
0.14
$500,900
2
2
1,330
Off Market
0.12
$421,000
2
1
936
Recently Sold
0.13
$315,800
2
2
1,780
Off Market

Local Information

  • Map ViewExplore the area around 531 Mill St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1932
2,548 sqft
Carport

About this House

3-Unit Brick Investment Property Minutes Away from Reno’s Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!, Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.
531 Mill St, Reno, NV 89502 is a studio, 2,548 sqft multi-family in Ryland, built in 1932. It last sold for $905,000 on Dec 16, 2024 (5% below the $950,000 asking price). More recently, it was listed as a rental in September 2024 with an asking price of $1,850 per month. That rental listing was removed on October 11, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,778/month.
Last check for updates: about 8 hours ago
Listed by Laura Kirsch S.176875, (775) 391-9076
Marmot Properties, LLC
Bought with: Dilyn Rooker S.197799, (775) 450-7994, Marmot Properties, LLC
Source: NNRMLS, MLS#240013036

Home Details for 531 Mill St

Active Status

MLS Status: Closed

Interior Features

Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Oven, Gas Range, RefrigeratorLaundry: In Unit,Washer HookupRefrigerator
Heating & Cooling
Heating: Forced Air,Natural Gas,Varies by UnitHas CoolingAir Conditioning: Central Air,Refrigerated,Varies by UnitHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Blinds, VariesFlooring: Laminate, Varies, Wood
Levels, Entrance, & Accessibility
Stories: 2Floors: Laminate, Varies, Wood
Security
Security: Keyless Entry, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition Pitched ShingleFencing: FullFoundation: Slab
Parking & Garage
Has a CarportNo Attached GarageParking Spaces: 5Parking: Alley Access,Carport,Varies by Unit
Frontage
Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 67

Property Information

Year Built
Year Built: 1932
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick
Property Information
Parcel Number: 01211211

Price & Status

Price
List Price: $950,000
Status Change & Dates
Off Market Date: Mon Dec 16 2024Possession Timing: Subject To Tenant Rights

Location

Direction & Address
City: RenoCommunity: Haydon-Shoemaker Addition
School Information
Elementary School: BoothJr High / Middle School: VaughnHigh School: Wooster

Building

Building Area
Building Area: 2548 Square Feet

Lot Information

Lot Area: 6969.6 sqft

Offer

Listing Terms: 1031 Exchange, Cash, Conventional

Miscellaneous

Mls Number: 240013036

Price and Tax history

DateEventPrice
Dec 16, 2024
Source: NNRMLS #240013036
Sold
$905,000
Nov 4, 2024
Source: NNRMLS #240013036
Pending
$950,000
Oct 28, 2024
Source: NNRMLS #240013036
PriceChange
$950,000
Price increased by 51,251%
Oct 11, 2024
Source: Zillow Rentals
ListingRemoved
$1,850
Oct 10, 2024
Source: NNRMLS #240013036
Listed For Sale
$975,000

Market trends in Reno

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$584K
$4K
MoM
Sale-to-List Price
99.7%
Price per sq ft
$338
$3
MoM
Available listings
1077
8
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Ryland

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 100 % Say kids play outside

  • 100 % Say neighbors are friendly

  • 50 % Say car is needed

  • 50 % Say there are sidewalks

  • 50 % Say there are community events

  • 50 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Sherardtheodas
    "The greatness of a community is most accurately measured by the compassionate actions of its members. There is no power for change greater than a community discovering what it cares about. What should young people do with their lives today? Many things, obviously. But the most daring thing is to create stable communities in which the terrible disease of loneliness can be cured. "
  • Sherardtheodas
    "The good Place needs to be cleaned up a little bit more there’s multiple buildings mostly old casinos that need to be replaced overall the people on the street are friendly, helpful. "
  • Ty P.
    "I've lived in this neighborhood for almost two years now. I like that it's near downtown, but the environment can be hostile at times. "

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Frequently asked questions about 531 Mill St

  • What is the price history for 531 Mill St?
    531 Mill St in Reno, NV last sold for $905,000 in December 2024.
  • 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 $584K. That is down $4K from the prior month.
  • What are the closest schools to 531 Mill St?
    The closest schools to 531 Mill St in Reno, NV are E Otis Vaughn Middle School (rated 4/10), Earl Wooster High School (rated 4/10), Libby C Booth Elementary School (Pre-K, rated 1/10).
  • Does 531 Mill St have air conditioning?
    Yes, 531 Mill St in Reno, NV has air conditioning.
  • Does 531 Mill St have laundry facilities?
    Yes, 531 Mill St in Reno, NV has laundry facilities.

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