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650 Denslowe Dr, Reno, NV, 89512

8beds
4baths
2,966sqft
$740,000
$249price/sqft
$4,869/moest. monthly cost
$194,760/yrincome needed

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.

Getting Around

67
WalkingSomewhat Walkable
41
TransitSome Transit
69
BikeBikeable

Schools

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Oven,Gas Range,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Window features: Blinds,Double Pane Windows,Metal Frames,Single Pane Windows,Vinyl Frames,Varies
  • Flooring: Ceramic Tile,Laminate,Vinyl

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Wall/Window Unit(s),Varies by Unit

Interior Area

  • Total structure area: 2,966
  • Total interior livable area: 2,966 sqft

Property

Details

  • Parcel number: 00801308
  • Zoning: MF30

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Balcony
  • Spa features: None
  • Fencing: Partial

Lot

  • Lot size: 6,098 sqft
  • Features: Landscaped,Level

Parking

  • Total spaces: 6
  • Parking features: Common