650 Denslowe Dr Reno, NV 89512
West University NeighborhoodEstimated payment $4,188/month
Highlights
- Double Pane Windows
- Landscaped
- Wood Siding
- Ceramic Tile Flooring
- Level Lot
- Heating System Uses Natural Gas
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,020
Year Built
- Built in 1952
Lot Details
- 6,186 Sq Ft Lot
- Landscaped
- Level Lot
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Wood Siding
- Stick Built Home
Interior Spaces
- 2,966 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Aluminum Window Frames
Kitchen
- Oven
- Gas Range
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- 2 Parking Spaces Included
- Common or Shared Parking
Schools
- Lemelson Stem Academy Elementary School
- Traner Middle School
- Hug High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 008-013-08
Community Details
Overview
- 4 Units
- Reno Community
- Sterling Village Subdivision
- The community has rules related to covenants, conditions, and restrictions
Amenities
- No Laundry Facilities
Pet Policy
- Pets Allowed
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Trash Expense $3,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $740,000 | -1.3% | $249 / Sq Ft |
| 01/29/2026 01/29/26 | For Sale | $750,000 | -- | $253 / Sq Ft |
Source: Northern Nevada Regional MLS
MLS Number: 260001005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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Ask me questions while you tour the home.