650 Elko Ave, Reno, NV 89512
- $745,000
- 2,165
- SqFt
- Sold Price
- $745,000
- List Price
- $799,000
- Status
- CLOSED
- MLS#
- 250005215
- Subdivision
- Downtown Reno
- Days on Market
- 56
- Closing Date
- Dec 29, 2025
- Year Built
- 1992
- Acres
- 0.17
- Living Area
- 2,165
- Lot Size
- 7,405
Property Description
Amazing 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!
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Additional Information
- Taxes
- $2,001
- Utilities
- Internet Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Roof
- Composition, Shingle
- Foundation
- Crawl Space
- Elementary School
- Booth
- Middle School
- Vaughn
- High School
- Wooster
Mortgage Calculator
Courtesy of Angela Beard and RE/MAX Gold. Contact:
Selling Office: Dickson Realty - Caughlin.
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Data last updated on 06/28/2017.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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