650 Denslowe Drive, Reno, NV 89512

Reno
Local realty services provided by:ERA Realty Central
650 Denslowe Drive,Reno, NV 89512
$740,000
  • 8 Beds
  • 4 Baths
  • 2,966 sq. ft.
  • Multi-family
  • Active
Listed by: jacqueline lescott
Office: dickson realty - downtown
MLS#:260001005
Source:NV_NNRMLS

Price summary

  • Price:$740,000
  • Price per sq. ft.:$249.49

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 6.16 percent. Please drive by the property before requesting a showing.

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Home facts

  • Year built:1952
  • Listing ID #:260001005
  • Added:138 day(s) ago
  • Updated:June 17, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • 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:$740,000
  • Price per sq. ft.:$249.49
  • Tax amount:$1,020

Features and amenities

  • Appliances:Gas Range, Oven, Refrigerator

Parking

  • Parking description:Common
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