About This Home

This 8-bedroom, 4-bathroom multi-family at 650 Denslowe Drive lot: A, B, C, D in Reno, NV is listed for $740,000 ($249 per sqft). Built in 1952, the home offers 2,966 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1952
  • 0.14 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
4 full
6 spaces
1952

Amenities

A/C
Listing Description

Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances.

The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.

Monthly Cost Estimate

$3,958/mo

20% down · 6.5% · 30 years

Principal$535
Interest$3,207
Insurance$216

Estimates only. Actual payments may vary.

Location

650 Denslowe Drive lot: A, B, C, D

Reno, NV 89512

Sterling Village

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

LaminateTile - CeramicVinyl

Construction

Frame Wood Siding

Heating

Wall FurnaceNatural Gas

Cooling

Wall/Window Unit(s)Varies by UnitWindow Unit(s)

Appliances

OvenGas RangeRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 650 Denslowe Drive lot: A, B, C, D is listed at $740,000 ($249/sqft). The estimated monthly payment is $3,958 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.14 acre lot, 2 stories, 6 parking spaces. Exterior Features: Balcony.

This property is listed by Jacqueline Lescott.

JL

Jacqueline Lescott

License S.187479

Agent at Connect Realty.com, Inc.

Listed by Connect Realty.com, Inc. · Broker phone: (619) 590-0950 · View on Broker Site · Broker website

MLS# 260001005· Source: Northern Nevada Regional MLS, Inc.· 273 days on PropertySimple

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

650 Denslowe Drive lot: A, B, C, D, Reno, NV 89512

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