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

531 Mill St
Reno, NV 89502

Ryland
  • Studio
  • 2,548 sqft
Studio
2,548 sqft

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

Description

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. It is currently off market. The Trulia Estimate rent is $1,616/month.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 6 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

Price History for 531 Mill St

DatePriceEventSource
12/16/2024$905,000Sold
NNRMLS #240013036
11/04/2024$950,000PendingNNRMLS #240013036
10/28/2024$950,000PriceChange
NNRMLS #240013036
10/11/2024$1,850ListingRemovedZillow Rentals
10/10/2024$975,000Listed For SaleNNRMLS #240013036
09/28/2024$1,850Listed For RentZillow Rentals
09/12/2024$1,850ListingRemovedZillow Rentals
09/09/2024$1,850Listed For RentZillow Rentals
08/23/2019$489,000Sold
NNRMLS #190009161
06/18/2019$1,300ListingRemovedAgent Provided
06/18/2019$489,000PriceChange
Agent Provided
06/07/2019$1,300Listed For RentAgent Provided
04/26/2019$494,500PriceChange
Agent Provided
01/30/2019$498,500Listed For SaleAgent Provided
11/01/2018$499,500ListingRemovedAgent Provided
09/04/2018$499,500PriceChange
Agent Provided
07/07/2018$505,000PendingToActiveAgent Provided
06/15/2018$505,000PendingAgent Provided
04/15/2018$505,000Listed For SaleAgent Provided
01/10/2018$510,000ListingRemovedAgent Provided
10/16/2017$510,000Listed For SaleAgent Provided
12/04/2015$850ListingRemovedAgent Provided
12/02/2015$850Listed For RentAgent Provided
04/17/2007$345,000Sold
N/A
12/31/1998$300,000Sold
N/A
06/11/1998$325,000Sold
N/A

Market trends in Reno

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$8.33K
MoM
Sale-to-List Price
99.8%
0.2%
MoM
Price per sq ft
$331
$6
MoM
Available listings
1105
26
MoM
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Property Tax and Assessment

Year2026
Tax$1,999
Assessment$296,537
Home facts updated by county records

Comparable Sales for 531 Mill St

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 homes

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Assigned Schools

These are the assigned schools for 531 Mill St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

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Homes for sale near 531 Mill St

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Off Market Homes Near 531 Mill St

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