Date
Details
Price
Change
Source
4/09/2026
Listed
$769,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$769,000 Just Listed
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Property Description
*Prime Old Southwest Reno/Mid Town Quadruplex* - Exceptional Investment Opportunity- Location: This desirable quadruplex offers an unbeatable Southwest Reno location. The property consists of four, 2-bedroom, 1-bath units, each featuring in-unit laundry and convenient on-site parking. Residents enjoy close proximity to shopping and dining, nearby parks, local amenities and quick access to I-580-making this a highly attractive rental location. All 4 units are currently leased and occupied, providing immediate rental income. This is a well-priced opportunity with a motivated seller, making it ideal for investors seeking strong rental demand in a prime Reno location. Contact us today for more details.
Full Property Details
Full Property Details for 540 Monroe St
General
- Price: $769,000
- Taxes: $4,041
- Status: Active
- Type: Multi-Family
- Source: 2502
- MLS ID: 260004224
- Updated: 4/9/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: No Interior Steps
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: None
Parking
- Total Spaces: 8
- Parking Features: Common
Location
- County: Washoe
- Subdivision: Arlington Heights
- Cross Streets: Laders St
- Driving Directions: Plumas St to Mpnroe St to PIQ
School Information
- Elementary School: Mt. Rose
- Middle School: Swope
- High School: Reno
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Water Connected, Cellular Coverage
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Siding
- Roof: Composition
- Windows: Blinds, Double Pane Windows
- Stories/Levels: 2
- Building Size: 3250
- Year Built: 1989
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,009
- Lot Features: Corner Lot, Level
- Zoning: MF30
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $236.62
- Tax Amount: $4,041.02
- Terms: 1031 Exchange, Cash, Conventional
- Owner Pays: Exterior Maintenance, Common Area Maintenance
- Tenant Pays: Water, Trash Collection, Sewer, Gas, Electricity
Disclosures and Reports
- APN: 014-046-02
Listed by Nevada Real Estate Services by Intero, John A von Brincken (530) 913-4311
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Listing agent
— 540 Monroe St —
John A von Brincken
Nevada Real Estate Services by Intero
NMLS#: 1598647
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Schools
Schools serving 540 Monroe St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Mount Rose Elementary School 915 Lander Street, Reno, NV 89509 | K-5 | 0.2 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.8 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 Monroe St
Tax History
Tax History for 540 Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,041
8%
$145,310
-1%
2024
$3,741
8%
$146,561
5%
2023
$3,464
3%
$139,859
21%
2022
$3,364
8%
$115,944
16%
2021
$3,116
—
$99,855
1%
2021
$3,116
6%
$98,524
5%
2019
$2,935
5%
$94,050
9%
2018
$2,801
3%
$86,254
—
2017
$2,720
3%
$86,667
3%
2016
$2,652
—
$84,443
12%
2015
$2,652
3%
$75,652
4%
2014
$2,570
—
$73,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 Monroe St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,056Sq. Ft.
- Single Family
- Active
- Updated 19 hours ago
- 3Beds
- 2Total Baths
- 1,696Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,505Sq. Ft.
- Mobile Home
- Active
- Updated 3 days ago
- 6Beds
- 4Total Baths
- 2,476Sq. Ft.
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- Mobile Home
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,980Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,844Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,604Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,640Sq. Ft.
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540 Monroe Street, Reno, NV 89509 (MLS# 260004224) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 540 Monroe Street is currently listed for $769,000 and was received on April 09, 2026. Want to learn more about 540 Monroe Street? Do you have questions about finding other Multi-Family real estate for sale in Reno Heights? You can browse all Reno Heights real estate or contact a Coldwell Banker agent to request more information.