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516 Ryland Street, 
Reno, NV 89502

$699,000


3

Beds


2

Baths


2,168

Sq Ft


Single Family

Active

Listed by

Sandra Peterson

Redfin

702-389-9753

Last updated:

September 7, 2025, 06:52 PM

MLS#

250055576

Source:

NV NNRMLS

About This Home

516 Ryland Street

Great opportunity to own a versatile mixed-use property or residential in the heart of Reno's vibrant Downtown Riverwalk District! This property offers excellent flexibility for investors, entrepreneurs, or homeowners looking for a live-work option. Zoned for mixed-use, the space can function as residential multifamily or be converted into office or commercial use(subject to city approval). Prime location with endless potential.The property features two separate living units, making it ideal for multi-generational living, rental income, or owner-user scenarios. The upper unit offers two bedrooms and one fully remodeled bathroom, complete with modern fixtures, tile finishes a, and stylish updates throughout. The main living space is bright and welcoming, offering wood flooring, fresh paint, and thoughtful updates that blend comfort and functionality.Downstairs, the lower unit features a one-bedroom, one-bath layout with an additional bonus room, ideal for a home office, guest space, or creative studio. This unit also features tasteful improvements, contributing to the overall move-in-ready feel of the property.Exterior features include a recently installed patio cover, perfect for outdoor entertaining or relaxing on warm evenings, and a newer privacy gate in the backyard area for added security and functionality. A new roof was installed, offering peace of mind for years to come.Whether you're looking to add an income-producing asset to your portfolio or seeking a live/work scenario in one of Reno's most desirable downtown zones, this property presents a compelling opportunity.Don't miss your chance to own a property in a growing area with tons of walkability, visibility. Must see to appreciate the updates, layout, and possibilities this property provides. Schedule your showing today!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1932

Price Summary

699,000

$322 per Sq. Ft.

MLS #:

250055576

Last Updated:

September 7, 2025, 06:52 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,168 Sq. Ft.


Structure

Structure

Building Area:

2,168 Sq. Ft.

Year Built:

1932


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$322 per Sq. Ft.

Source:NV NNRMLS
The information being provided by Northern Nevada Regional Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Northern Nevada Regional Multiple Listing Service. Redfin is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Redfin, a broker participant of Northern Nevada Regional Multiple Listing Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Northern Nevada Regional Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Northern Nevada Regional Multiple Listing Service. All rights reserved.

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