Seller's Agent in 2025
Angela Beard
RE/MAX
(775) 722-5868
4 in this area
167 Total Sales
650 Elko Ave Reno, NV 89512
Downtown Reno Neighborhood
5
Beds
3
Baths
2,165
Sq Ft
7,405
Sq Ft Lot Lot
Highlights
- Double Pane Windows
- Laundry Room
- Landscaped
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Forced Air Heating System
About This Home
As of December 2025Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. In place cap rate of 5.7 percent. The property consists of a triplex featuring a 2 bed, 1 bath unit, a 1 bed, 1 bath unit and a studio unit. In the back there is a separate 528 sqft 1 bed, 1 bath cottage. All units are in great condition, the property has always been well cared for, and it shows! Tenants can enjoy a large, fenced yard with a picnic table and 6 off street parking spaces as well as on site laundry., Coin operated laundry generates additional income. This 4 Plex is near the University and MidTown, attracting a wide range of tenants!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,002
Year Built
- Built in 1992
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
- Landscaped
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,165 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Blinds
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 6 Parking Spaces
- 1 Parking Space Included
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Gas Water Heater
- Central Water Heater
- Internet Available
Listing and Financial Details
- The owner pays for all utilities
- Assessor Parcel Number 008-183-18
Community Details
Overview
- 2 Buildings
- 4 Units
- Reno Community
Building Details
- 4 Leased Units
- 2 Separate Electric Meters
- Vacancy Allowance $1,525
- Net Operating Income $45,562
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Sold | $745,000 | -6.8% | $344 / Sq Ft |
| 11/03/2025 11/03/25 | For Sale | $799,000 | +7.2% | $369 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $745,000 | -- | -- |
| 07/18/2025 07/18/25 | Price Changed | $799,000 | -3.7% | $369 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $830,000 | 0.0% | $383 / Sq Ft |
| 08/02/2013 08/02/13 | Rented | $550 | -24.1% | -- |
| 08/02/2013 08/02/13 | Under Contract | -- | -- | -- |
| 07/24/2013 07/24/13 | Rented | $725 | -3.3% | -- |
| 07/24/2013 07/24/13 | Under Contract | -- | -- | -- |
| 06/05/2013 06/05/13 | For Rent | $750 | 0.0% | -- |
| 05/13/2013 05/13/13 | For Rent | $750 | -- | -- |
Source: Northern Nevada Regional MLS
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,604 | $84,097 | $50,750 | $33,347 |
| 2025 | $2,002 | $82,546 | $49,000 | $33,546 |
| 2024 | $2,002 | $82,429 | $49,000 | $33,429 |
| 2023 | $1,850 | $76,875 | $45,500 | $31,375 |
| 2022 | $1,715 | $67,509 | $42,000 | $25,509 |
| 2021 | $1,590 | $60,122 | $35,000 | $25,122 |
| 2020 | $1,496 | $59,928 | $35,000 | $24,928 |
| 2019 | $1,424 | $58,898 | $35,000 | $23,898 |
| 2018 | $1,358 | $50,966 | $27,825 | $23,141 |
| 2017 | $1,306 | $40,682 | $17,710 | $22,972 |
| 2016 | $1,273 | $41,067 | $17,710 | $23,357 |
| 2015 | $1,270 | $36,507 | $13,300 | $23,207 |
| 2014 | -- | $34,608 | $12,600 | $22,008 |
| 2013 | -- | $32,254 | $10,780 | $21,474 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Beard
-
Sarah Powell
Buyer's Agent in 2025
Sarah Powell
Dickson Realty
(775) 247-9146
1 in this area
55 Total Sales
-
Amber Fuller-McDade
Seller's Agent in 2013
Amber Fuller-McDade
Realty Boulevard
(775) 247-8123
28 Total Sales
-
A
Buyer's Agent in 2013
Amber McDade
First Choice Realty 500
Map
Source: Northern Nevada Regional MLS
MLS Number: 250005215
APN: 008-183-18
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.
Nearby Homes
- 442 E 7th St Unit 1 & 2
- 440 E 7th St
- 411 E 7th St
- 462 Laurel St
- 344 E 7th St
- 336 E 7th St
- 521 Lake St
- 99 Bartlett St
- 650 Denslowe Dr
- 880 Southworth Dr
- 670 Denslowe Dr
- 1449 E 7th St
- 1414 E 9th St Unit 2
- 1414 E 9th St Unit 4
- 1404 E 9th St Unit 3
- 101 S Wells Ave
- 374 State St
- 1035 N Sierra St
- 326 State St
- 255 N Sierra St Unit 2001
- 638 Elko Ave
- 606 & 620 E 7th St
- 630 Elko Ave
- 620 E 7th St
- 606 E 7th St Unit 6
- 606 E 7th St
- 652 Elko Ave
- 622 Elko Ave
- 625 Eureka Ave
- 625 Eureka Ave Unit A,B,C
- 625 Eureka Ave Unit 3
- 625 Eureka Ave
- 633 Eureka Ave
- 611 Eureka Ave
- 611 Eureka Ave
- 651 Elko Ave
- 651 Elko Ave Unit 6
- 651 Elko Ave Unit 3
- 651 Elko Ave Unit 8
- 651 Elko Ave Unit 1
Your Personal Tour Guide
Ask me questions while you tour the home.