89502 Homes under $1 million

89502 Homes under $1 million

Welcome to the vibrant and diverse neighborhood of Reno, Nevada, specifically the charming zip code 89502! Nestled in Washoe County, this area is a hidden gem that offers a perfect blend of urban convenience and natural beauty. With the stunning Sierra Nevada mountains as a backdrop, residents enjoy breathtaking views, outdoor activities, and a welcoming community atmosphere.

One of the most appealing aspects of 89502 is the variety of homes available, especially for those seeking properties under $1 million. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find an array of options that fit your budget without compromising on quality. From cozy single-family homes to modern townhouses, the real estate market here is as diverse as the residents who call it home.

Reno is known for its rich history and cultural offerings, including art galleries, museums, and annual festivals that celebrate the city’s unique character. The area is also conveniently located near shopping, dining, and entertainment, making it easy to enjoy everything this dynamic city has to offer. Plus, with access to outdoor recreational activities such as hiking, skiing, and biking, residents can embrace an active lifestyle year-round.

If you’re looking for an affordable home in a thriving community, 89502 is the perfect place to start your journey. Explore the possibilities today and discover why so many choose to call Reno home!

Newest 89502 Homes under $1 million

420 Holcomb Ave, Reno
$425,000
260012823 MLS
INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 420 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. NOTE: One of the units has suffered fire damage/casualty and is currently non habitable/non rentable in need of significant restoration. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 452 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current "as-is" condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact listing agent for showings by appointment only.

420 Holcomb Ave, Reno

Courtesy of Corry Castaneda and Chase International-Damonte. Contact:

452 Holcomb Ave, Reno
$499,000
260012822 MLS
INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 452 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside and all tenants are on month to month leases. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 420 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact broker for more information and showing times.

452 Holcomb Ave, Reno

Courtesy of Corry Castaneda and Chase International-Damonte. Contact:

4940 Catalina Dr Unit APT 4, Reno
$235,000
2 Beds ⋅ 1 Baths ⋅ 260012564 MLS
Fresh, stylish, and ready to welcome you home—4940 Catalina Drive #4 in Reno is packed with updates you'll love! Fresh paint from walls to ceilings, new high baseboard trim, and LVP flooring throughout create a bright, polished backdrop for your personal style. Maple wood kitchen cabinets pair beautifully with newer stainless steel appliances and a brand-new French-door refrigerator/freezer. Enjoy a remodeled bathroom, new water heater, all-new interior doors with brushed nickel handles, new white faux wood blinds, newer ceiling fans, and new light fixtures. In-unit heating and cooling, your own washer and dryer, and three roomy storage closets make this home as practical as it is inviting! Morning coffee in the sunshine? Your spacious balcony is calling! Garage parking for one car plus driveway parking as well, plus a locked garage storage locker, and the front door offers an extra white steel security door. Step out and explore—stores, restaurants, Trader Joe's, and more are less than a five-minute walk away! Smithridge Elementary, Pine Middle School, and a beautiful park with room for dog walks and playtime are also a short stroll away. You'll find riding the bus easy too, with regular bus services nearby! Well maintained, beautifully updated, and move-in ready, this condo is priced to sell fast. Come take a look—you might just feel right at home!

4940 Catalina Dr Unit APT 4, Reno

Courtesy of Nash Connolly Group and RE/MAX Professionals-Sparks. Contact:

2255 Sequoia Ln, Reno
$750,000
2 Beds ⋅ 2 Baths ⋅ 260012531 MLS
Open House Saturday October 3 from 1.30 to 2030. Welcome to 2255 Sequoia, a beautifully maintained single-level ranch-style home nestled among mature trees in the established Hidden Valley neighborhood. Immaculately landscaped quil garden setting with unique charm. The stained-glass front door, sets the tone welcoming into a light-filled open floor plan featuring hardwood floors and details throughout. The upgraded kitchen offers custom cabinetry and a breakfast bar with casual seating, opening to the living room with crown molding, wainscoting and a bay window overlooking the grounds and gazebo. Plantation shutters, custom fixtures and a cozy fireplace add warmth and character throughout the home. An inviting dining area provides plenty of space for more formal entertaining, while the family room offers a relaxed gathering space. Expansive windows fill the home with natural light, and French doors open to a covered patio—perfect for enjoying summer evenings and the peaceful surroundings. The spacious primary suite offers his-and-hers closets and a comfortable seating area. The beautifully appointed primary bath features custom cabinetry, granite countertops, custom fixtures and a walk-in shower. The secondary bedroom, currently used as an office, enjoys a lovely outlook and generous closet space. The guest bath features custom cabinetry, granite countertops, a distinctive vessel sink and mirrored accents. A special bonus is the charming downstairs hideaway, complete with bar seating and a wine refrigerator. Formerly designed as a guest retreat, this versatile space could easily serve as a library, private escape, home office or fun gathering space. An additional highlight is the two separate garages, offering four total garage spaces with plenty of room for vehicles, recreational toys, home projects and extra storage. A warm and inviting home with cottage-like charm, thoughtful upgrades and beautifully maintained indoor and outdoor spaces—all in the desirable Hidden Valley neighborhood.

2255 Sequoia Ln, Reno

Courtesy of Diane Macdonald and Dickson Realty - Caughlin. Contact:

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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