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$750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Excellent investment opportunity in the heart of Reno! This well-maintained 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 6.75 percent.

Full Property Details for 650 Denslowe Dr

General

  • Price: $750,000
  • Taxes: $1,020
  • Status: Active
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 260001005
  • Updated: 1/29/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring: Ceramic Tile, Laminate, Vinyl

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Exterior Features: Balcony

Parking

  • Total Spaces: 6
  • Parking Features: Common

Location

  • County: Washoe
  • Subdivision: Sterling Village

School Information

  • Elementary School: Lemelson Stem Academy
  • Middle School: Traner
  • High School: Hug

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s), Varies By Unit
  • Heating Type: Natural Gas, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 1
  • Exterior Const.: Frame, Wood Siding
  • Roof: Flat
  • Windows: Blinds, Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
  • Stories/Levels: 2
  • Building Size: 2966
  • Year Built: 1952

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,186
  • Frontage: Public
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped, Level
  • Zoning: MF30
  • Fencing (Description): Partial

Financial Considerations

  • Price Per Sq. Ft.: $252.87
  • Tax Amount: $1,020.31
  • Terms: 1031 Exchange, Cash, Conventional, FHA
  • Owner Pays: Water, Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • APN: 008-013-08

Listed by Dickson Realty - Downtown, Jacqueline Lescott (775) 360-0060

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Listing agent

— 650 Denslowe Dr —

  • Jacqueline Lescott

    Dickson Realty - Downtown

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 650 Denslowe Dr

School District:Washoe County School District
NameGradesDistance
Dorothy Lemelson STEM Academy Elementary School
2001 Soaring Eagle Drive, Reno, NV 89512
K-50.2 mi
Fred W Traner Middle School
1700 Carville Drive, Reno, NV 89512
6-80.8 mi
Procter R Hug High School
3530 Sullivan Lane, Sparks, NV 89431
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 650 Denslowe Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$750,000
111.27%
MLS
2/02/2006
Sold
$355,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 650 Denslowe Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,020
3%
$81,777
—
2024
$992
3%
$81,578
12%
2023
$963
3%
$72,838
19%
2022
$938
3%
$61,297
11%
2021
$912
—
$55,020
—
2021
$912
7%
$54,782
3%
2019
$856
3%
$53,337
36%
2018
$830
4%
$39,307
3%
2017
$796
2%
$38,177
1%
2016
$777
—
$37,837
18%
2015
$777
3%
$32,184
20%
2014
$754
—
$26,927
—
View All
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 for 650 Denslowe Dr

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Listed by Dickson Realty - Downtown, Jacqueline Lescott (775) 360-0060

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650 Denslowe Drive, Reno, NV 89512 (MLS# 260001005) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 650 Denslowe Drive is currently listed for $750,000 and was received on January 29, 2026. Want to learn more about 650 Denslowe Drive? 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.

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