Fantastic investment opportunity! This remodeled fourplex near UNR offers modern upgrades throughout—including updated kitchens, flooring, bathrooms, fresh paint, and new water heaters in all units. With very low annual taxes and a prime location close to the university, shopping, dining, and freeway access, this is a perfect addition to any investor’s portfolio. Don’t miss out on this turn-key, income-producing property! Currently used as an STR, but could do well as a long term rental as well. With high rental demand from students, professionals, and tourists, this property offers flexible investment strategies, whether for short-term (Airbnb/VRBO) or long-term rentals. This property is FHA eligible, making it ideal for house hacking, where a buyer can live in one unit while renting out the other three.
Active
Price cut: $5K (4/16)
$820,000
565 Denslowe Dr, Reno, NV 89512
4beds
4baths
2,858sqft
Est.:
MultiFamily
Built in 1952
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Updated kitchensRemodeled fourplexFresh paint
- 81 days
- on Zillow |
- 826 |
- 58 |
Zillow last checked: 7 hours ago
Listing updated: April 20, 2025 at 11:12pm
Listed by:
David Tully 775-525-0746,
LPT Realty, LLC
Source: NNRMLS,MLS#: 250001734
Originating MLS: Sierra Nevada Association of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall Furnace
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
- Laundry: Separate, In Hall
Features
- Flooring: Ceramic Tile, Carpet
- Windows: Blinds/Shades, Double Pane Windows
- Has fireplace: No
Interior area
- Total interior livable area: 2,858 sqft
Property
Parking
- Total spaces: 4
- Parking features: Designated Parking
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 00801225
- Zoning: MF30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood Siding, Wood Frame
- Foundation: Concrete Slab
- Roof: Tar/Gravel
Condition
- Year built: 1952
Utilities & green energy
- Electric: Separate Meters-Electric
- Sewer: Public Sewer
- Utilities for property: Water Connected, Electricity Connected, Natural Gas Connected, Separate Meters-Water
Green energy
- Energy efficient items: Double Pane Windows
Community & HOA
Community
- Features: None
- Subdivision: NV
Location
- Region: Reno
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $231,873
- Annual tax amount: $1,065
- Price range: $820K - $820K
- Date on market: 2/13/2025
- Date available: 02/13/2025
- Listing terms: 1031 Exchange,Conventional,Cash
- Electric utility on property: Yes
- Loading
- Loading