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:204 day(s) ago
- Updated:November 13, 2025 at 04:49 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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