650 Denslowe Drive, Reno, NV 89512
Local realty services provided by:CENTURY 21 Green Valley Realty
650 Denslowe Drive,Reno, NV 89512
$750,000
- - Beds
- - Baths
- 2,966 sq. ft.
- Multi-family
- Active
Listed by: jacqueline lescott
Office: dickson realty - downtown
MLS#:260001005
Source:NV_NNRMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$252.87
About this home
Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.75 percent. Please drive by the property before requesting a showing.
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Home facts
- Year built:1952
- Listing ID #:260001005
- Added:41 day(s) ago
- Updated:February 10, 2026 at 04:34 PM
Rooms and interior
- Flooring:Ceramic Tile, Laminate, Vinyl
- Kitchen Description:Gas Range, Refrigerator
- Living area:2,966 sq. ft.
Heating and cooling
- Cooling:Varies By Unit, Wall/Window Unit(s)
- Heating:Heating, Natural Gas, Wall Furnace
Structure and exterior
- Year built:1952
- Building area:2,966 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Landscaped, Level
- Construction Materials:Frame, Wood Siding
- Exterior Features:Balcony
- Levels:Two
Schools
- High school:Hug
- Middle school:Traner
- Elementary school:Lemelson Stem Academy
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$252.87
- Tax amount:$1,020
Features and amenities
- Appliances:Gas Range, Oven, Refrigerator
Parking
- Parking description:Common
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