506 Modoc Street, Reno, NV 89509

Local realty services provided by:Better Homes and Gardens Real Estate Universal
506 Modoc Street,Reno, NV 89509
$895,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,258 sq. ft.
  • Multi-family
  • Active
Listed by:karen greathouse
Office:greathouse real estate
MLS#:250053312
Source:NV_NNRMLS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$396.37

About this home

Maximize Your Investment at 506 Modoc Ave, Reno, NV 89509 Welcome to 506 Modoc Ave, an exceptional tri-plex offering an outstanding investment opportunity in the heart of Reno. This property combines charm, modern amenities, and significant potential for growth, ideal for both investors and homeowners. Property Highlights: • Well-Proportioned Units: Each unit averages 760 sq ft of living space, providing ample room for comfort and functionality. • Strong Rental Potential: The two larger units should command 2,300permontheach, while the smaller unit should be 1,200 per month. Currently, the rents far below market have not seen vacancies in more than 5 years... • Extensive Upgrades: The seller has invested significantly in upgrades over the years, ensuring no detail has been overlooked. Key improvements include: • New Sewer Line: Replaced in 2012, providing peace of mind and reducing future maintenance concerns. • New Water Lines: Installed to enhance plumbing reliability and

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Home facts

  • Year built:1937
  • Listing ID #:250053312
  • Added:68 day(s) ago
  • Updated:August 30, 2025 at 03:31 PM

Rooms and interior

  • Living area:2,258 sq. ft.

Heating and cooling

  • Cooling:Varies By Unit, Wall/Window Unit(s)
  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Year built:1937
  • Building area:2,258 sq. ft.
  • Lot area:0.18 Acres

Schools

  • High school:Reno
  • Middle school:Swope
  • Elementary school:Mt. Rose

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$396.37
  • Tax amount:$1,596
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