$1,070,000

Discover a rare opportunity to own a charming Southwest Reno-Midtown property featuring two distinct residences on one lot, each offering its own private living space. 341 W Arroyo Street and 1261 Forest Street— this unique property offers timeless character, versatility, and excellent investment potential. Each residence showcases the… Read More charm and personality that make Midtown properties so special, with unique architectural details, hardwood floors, and inviting living spaces that simply can't be replicated in newer construction. Each residence also has a detached garage for parking and storage. 1261 Forest offers the added convenience of additional covered parking. 341 W Arroyo features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room, exercise space, workshop, ample storage, and a half bathroom. Outside, a charming front yard provides an inviting space to relax, entertain, garden or enjoy Reno's beautiful weather. 1261 Forest features 2 bedrooms, 1 full bathroom, a kitchen, and a living room upstairs, offering approximately 1,000 square feet of living space. Downstairs, you'll find a versatile bonus area with an entertainment room that could also serve as an extra-large bedroom, game room, or exercise room with its own private entrance, along with a workshop, storage space, and an additional full bathroom. Outside, a covered outdoor patio provides a comfortable, private space to relax, entertain, garden or enjoy outdoor dining throughout the seasons. Whether you're looking to expand your investment portfolio, live in one residence while generating income from the other, or create a multi-generational living arrangement, this property offers an exceptional range of possibilities. Ideally situated in Midtown and just minutes from Downtown Reno, the property provides convenient access to local restaurants, coffee shops, shopping, entertainment, parks, and the Truckee River. Its central location and two-address configuration make this an especially compelling opportunity for an owner-occupant or investor seeking a truly unique piece of Reno history. 341 W Arroyo Street & 1261 Forest Street — two residences, one exceptional Old Reno opportunity. Read Less

Courtesy of Chase International-Damonte.

Listing Snapshot

Days Online

Last Updated

Sep 16, 2026

Property Type

Duplex

Beds

Lot Size

0.16 Acres

Year Built

1943

MLS Number

260011940

Additional Details

Appliances & Equipment

Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Building

Built in 1943, 1 building, Levels: Two, Construction Materials: Brick

Cooling

Central Air

Exterior Features

Awning(s), Rain Gutters

Fence

Front Yard

Floors

Wood

Foundation

Slab

Heating

Forced Air, Natural Gas

Laundry

In Unit

Lot

0.16 acres, Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear

Owner Pays

Trash Collection, Sewer

Parking

Alley Access, Detached, Garage, Garage Door Opener

Roof

Composition, Shingle

Security Features

Carbon Monoxide Detector(s), Fire Alarm, Keyless Entry

Sewer

Public Sewer

Taxes

Parcel Number: 014-113-07, Annual Amount: $2,392.13, Zoning: MU-RES

Tenant Pays

Internet, Gardener, Water, Telephone, Snow Removal, Grounds Care, Gas, Electricity, Cable TV

Utilities

Cable Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public, 2 separate electric meters, 2 separate gas meters, 2 separate water meters

Windows

Double Pane Windows, Drapes, Rods, Vinyl Frames

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