650 Elko Avenue, Reno, NV 89512

Local realty services provided by:Better Homes and Gardens Real Estate Universal
650 Elko Avenue,Reno, NV 89512
$799,000
  • - Beds
  • - Baths
  • 2,165 sq. ft.
  • Multi-family
  • Active
Listed by:angela beard
Office:re/max gold
MLS#:250005215
Source:NV_NNRMLS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$369.05

About this home

Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. In place cap rate of 5.7 percent. The property consists of a triplex featuring a 2 bed, 1 bath unit, a 1 bed, 1 bath unit and a studio unit. In the back there is a separate 528 sqft 1 bed, 1 bath cottage. All units are in great condition, the property has always been well cared for, and it shows! Tenants can enjoy a large, fenced yard with a picnic table and 6 off street parking spaces as well as on site laundry., Coin operated laundry generates additional income. This 4 Plex is near the University and MidTown, attracting a wide range of tenants!

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Home facts

  • Year built:1992
  • Listing ID #:250005215
  • Added:155 day(s) ago
  • Updated:August 30, 2025 at 03:31 PM

Rooms and interior

  • Living area:2,165 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1992
  • Building area:2,165 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Wooster
  • Middle school:Vaughn
  • Elementary school:Booth

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$369.05
  • Tax amount:$2,001
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