Well priced 4-Unit Investment property with a long-time proven track record of generating stable income for the owner. The close proximity to The University of Nevada historically keeps vacancy low. 100% tenant occupied and generating $53,400 in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. All units have washer/dryer hook-ups. The two upstairs units have “mini-split” heating/cooling systems. APOD available, just call., Please do not disturb tenants – drive by only.
Property Details
Price:
$790,000
MLS #:
250006574
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Sterling Village
Listed Date:
May 16, 2025
Total Sq Ft:
2,966
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1952
Units:
4
See this Listing
Schools
Elementary School:
Lemelson Stem Academy
Middle School:
Clayton
High School:
Hug
Interior
Appliances
Oven, Dryer, Electric Oven, Electric Range, Gas Range, Microwave, Refrigerator, Washer
Cooling
Electric, Varies By Unit
Flooring
Carpet, Varies, Vinyl
Heating
Electric, Natural Gas, Wall Furnace, Varies By Unit
Laundry Features
In Unit, Washer Hookup
Exterior
Construction Materials
Frame, Wood Siding
Exterior Features
Balcony
Other Structures
None
Parking Features
Assigned
Parking Spots
6
Roof
Flat
Security Features
Smoke Detector(s)
Financial
Taxes
$1,081
Map
Community
- Address670 Denslowe Drive Reno NV
- SubdivisionSterling Village
- CityReno
- CountyWashoe
- Zip Code89512
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Market Summary
Current real estate data for Multi Family in Reno as of Aug 11, 2025
41
Multi Family Listed
94
Avg DOM
392
Avg $ / SqFt
$913,171
Avg List Price
Property Summary
- Located in the Sterling Village subdivision, 670 Denslowe Drive Reno NV is a Multi Family for sale in Reno, NV, 89512. It is listed for $790,000
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