670 Denslowe Dr Reno, NV 89512
West University NeighborhoodEstimated payment $4,087/month
Highlights
- Double Pane Windows
- Landscaped
- Carpet
- Cooling Available
- Wood Siding
- Heating System Uses Natural Gas
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
- Landscaped
Home Design
- Quadruplex
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Wood Siding
Interior Spaces
- 2,966 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Carpet
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 6 Parking Spaces
- 1 Parking Space Included
- Assigned Parking
Schools
- Lemelson Stem Academy Elementary School
- Clayton Middle School
- Hug High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Wall Furnace
- Separate Meters
- Master Meter
- Individual Gas Meter
- Internet Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, hot water, internet, telephone
- The owner pays for sewer, trash collection, water
- 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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