INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 452 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. 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 and all tenants are on month to month leases. 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 420 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 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 broker for more information and showing times.
Property Details
Price:
$499,000
MLS #:
260012822
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Wells Addition
Listed Date:
Oct 7, 2026
Total Sq Ft:
1,524
Lot Size:
4,000 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
3
See this Listing
Schools
Elementary School:
Booth
Middle School:
Vaughn
High School:
Wooster
Interior
Appliances
Dryer, Electric Oven, Washer
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Wall Furnace
Laundry Features
Washer Hookup
Levels
Two
Exterior
Construction Materials
Concrete, Wood Siding, Unknown
Exterior Features
None
Fencing
Full
Lot Features
Corner Lot
Other Structures
None
Parking Features
Alley Access
Patio And Porch Features
Patio
Roof
Composition, Shingle
Spa Features
None
Stories
2
Window Features
Wood Frames
Financial
Taxes
$1,616
Map
Community
- Address452 Holcomb Avenue Reno NV
- SubdivisionWells Addition
- CityReno
- CountyWashoe
- Zip Code89502
Market Summary
Current real estate data for Multi Family in Reno as of Oct 15, 2026
26
Multi Family Listed
99
Avg DOM
$891,687
Avg List Price
Property Summary
- Located in the Wells Addition subdivision, 452 Holcomb Avenue Reno NV is a Multi Family for sale in Reno, NV, 89502. It is listed for $499,000
Similar Listings Nearby
Courtesy of Chase International-Damonte. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Northern Nevada Regional MLS. All rights reserved. 452 Holcomb Avenue
Reno, NV
