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  • $830,000

    650 Elko Ave, Reno, NV 89512

    7beds
    4baths
    2,165sqft
    : 
    MultiFamily
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $383/sqft
    $-- HOA

    What's special

    Large fenced yardOff street parking spaces
    Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. 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 in near the University and MidTown, attracting a wide range of tenants!
    3 days
    on Zillow
    |
    326
    |
    20
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 01:40pm

    Listed by:

    Angela Beard,

    RE/MAX Gold

    Source: NNRMLS,MLS#: 250005215MLS LogoOriginating MLS: Sierra Nevada Association of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 650 Elko Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Air Unit, Separate Water Heaters, Central Water Heaters, Separate Heating/Cooling
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Washer, Dryer, Varies Per Unit
    • Laundry: Common Area
    Features
    • Flooring: Ceramic Tile, Carpet, Laminate, Sheet Vinyl
    • Windows: Blinds/Shades, Double Pane Windows, Low Emissivity Windows, Vinyl Frame
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,165 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Partial
    Lot
    • Size: 7,405.2 Square Feet
    • Features: Fully Landscaped
    Details
    • Parcel number: 00818318
    • Zoning: Md-Id
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Concrete/Crawl Space
    • Roof: Composition/Shingle
    Condition
    • Year built: 1992

    Utilities & green energy

    • Electric: Separate Meters-Electric
    • Sewer: Public Sewer
    • Utilities for property: Water Connected, Electricity Connected, Natural Gas Connected, Internet Available
    Green energy
    • Energy efficient items: Double Pane Windows, Low E Windows

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: NV
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $383/sqft
    • Tax assessed value: $235,512
    • Annual tax amount: $1,850
    • Price range: $830K - $830K
    • Date on market: 4/22/2025
    • Date available: 04/22/2025
    • Listing terms: 1031 Exchange,Conventional,Cash
    • Tenant pays: All Utilities
    • Electric utility on property: Yes
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