670 Denslowe Dr Reno, NV 89512
West University NeighborhoodEstimated payment $3,990/month
Highlights
- Balcony
- Mini Split Air Conditioners
- Vinyl Plank Flooring
- Double Pane Windows
- Landscaped
- Partially Fenced Property
About This Home
Well priced four-unit investment property with a proven track record of generating stable income for the owner. The close proximity to The University of Nevada Reno historically keeps vacancy low. One hundred percent tenant occupied and generating over fifty four thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Units have washer & dryers and mini-split heating & cooling. APOD available, just call. Tenant occupied - please do not disturb them.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,113
Year Built
- Built in 1952
Lot Details
- 5,924 Sq Ft Lot
- Partially Fenced Property
- Landscaped
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Wood Siding
- Stick Built Home
Interior Spaces
- 2,966 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
- Microwave
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 6 Parking Spaces
- 1 Parking Space Included
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Lemelson Stem Academy Elementary School
- Clayton Middle School
- Hug High School
Utilities
- Mini Split Air Conditioners
- Heating System Uses Natural Gas
- Mini Split Heat Pump
- Wall Furnace
- Separate Meters
- Master Meter
- Individual Gas Meter
- Electric Water Heater
- Internet Available
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for internet, telephone, hot water, gas, electricity, cable TV
- The owner pays for water, trash collection, sewer
- Assessor Parcel Number 008-013-09
Community Details
Overview
- 4 Units
- Denslowe 4 Plex Community
- Sterling Village Subdivision
Pet Policy
- Pets Allowed
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Trash Expense $1,210
- Vacancy Allowance $1,361
- Net Operating Income $42,192
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $831 | $84,892 | $57,750 | $27,143 |
| 2025 | $1,081 | $81,452 | $54,740 | $26,712 |
| 2024 | $1,081 | $81,248 | $54,250 | $26,998 |
| 2023 | $1,051 | $72,567 | $49,000 | $23,567 |
| 2022 | $976 | $61,074 | $41,825 | $19,249 |
| 2021 | $946 | $54,796 | $35,420 | $19,376 |
| 2020 | $889 | $54,554 | $35,000 | $19,554 |
| 2019 | $847 | $53,152 | $35,000 | $18,152 |
| 2018 | $822 | $39,129 | $21,350 | $17,779 |
| 2017 | $790 | $38,003 | $20,300 | $17,703 |
| 2016 | $769 | $37,651 | $20,300 | $17,351 |
| 2015 | $577 | $32,084 | $14,700 | $17,384 |
| 2014 | $744 | $26,860 | $11,900 | $14,960 |
| 2013 | -- | $22,034 | $7,700 | $14,334 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $749,000 | -- | $253 / Sq Ft |
Source: Northern Nevada Regional MLS
MLS Number: 260001931
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Ask me questions while you tour the home.