420 Holcomb Avenue, Reno, NV 89502
Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
420 Holcomb Avenue,Reno, NV 89502
$425,000
- - Beds
- - Baths
- 1,655 sq. ft.
- Multi-family
- Active
Listed by: corry castaneda
Office: chase international-damonte
MLS#:260012823
Source:NV_NNRMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$256.8
About this home
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....
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Home facts
- Year built:1926
- Listing ID #:260012823
- Added:1 day(s) ago
- Updated:October 08, 2026 at 04:05 PM
Rooms and interior
- Flooring:Carpet, Ceramic Tile, Laminate, Luxury Vinyl
- Kitchen Description:Electric Oven, Refrigerator
- Living area:1,655 sq. ft.
Heating and cooling
- Heating:Heating, Wall Furnace
Structure and exterior
- Year built:1926
- Building area:1,655 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Corner Lot
- Construction Materials:Brick, Wood Siding
- Levels:One
Schools
- High school:Wooster
- Middle school:Vaughn
- Elementary school:Booth
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$256.8
- Tax amount:$1,381
Features and amenities
- Appliances:Electric Oven, Refrigerator
- Laundry features:Washer Hookup
Parking
- Parking description:Alley Access
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