Discover the "Little Blue House," one of Midtown's most admired adaptive rehabilitations—now offering exceptional multifamily and investment potential. This beautifully updated 2-bed, 1-bath home sits on an oversized, fully landscaped lot in the heart of Midtown, just steps from shopping, dining, and all the energy the district has to offer. Blending modern upgrades with classic charm, the home features restored hardwood floors, a fully renovated kitchen with top-tier appliances and granite countertops, and tasteful finishes throughout. There is also a finished basement adding an additional 180 sq ft. The expansive outdoor living spaces elevate the property even further: a full wrap-around, accent-lit deck, secluded hot tub with privacy awning, fire pit, BBQ area, artificial turf, and curated plantings designed to frame the unobstructed views of Mt. Rose. For investors, the real value lies in the development potential. This large Midtown lot, paired with the MF-30 zoning and WANP Zoning Overlay, opens the door to a variety of multifamily or mixed-use possibilities—from additional units to professional office space or small commercial uses (subject to city approval). The existing home is turnkey and income-ready, offering immediate rental opportunities while planning future development. A rare Midtown offering that combines charm, cash flow, and long-term redevelopment potential—all in one of Reno's most sought-after neighborhoods. Currently operating as a successful short term rental. Don't miss out on this rare opportunity!
Active under contract-no show
$575,000
768 Holcomb Ave, Reno, NV 89502
2beds
684sqft
Est.:
Single Family Residence
Built in 1914
4,791.6 Square Feet Lot
$570,400 Zestimate®
$841/sqft
$-- HOA
What's special
Fire pitBbq areaOversized fully landscaped lotFull wrap-around accent-lit deckArtificial turfRestored hardwood floorsTop-tier appliances
- 36 days |
- 156 |
- 4 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 08:06am
Listed by:
Dana Hatjakes S.183110 775-342-5277,
Ferrari-Lund Real Estate Reno
Source: NNRMLS,MLS#: 250058403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Refrigerator, Washer
- Laundry: Laundry Area
Features
- Ceiling Fan(s), High Ceilings, Smart Thermostat, Vaulted Ceiling(s)
- Flooring: Travertine, Wood
- Windows: Blinds, Double Pane Windows, Vinyl Frames
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 684
- Total interior livable area: 684 sqft
Property
Parking
- Total spaces: 1
- Parking features: Alley Access, Assigned
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: None
- Pool features: None
- Has spa: Yes
- Spa features: In Ground
- Fencing: Full
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 4,791.6 Square Feet
- Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: None
- Parcel number: 01311121
- Zoning: MF30
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Composition,Pitched,Shingle
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Community & HOA
Community
- Subdivision: Wells Addition
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $841/sqft
- Tax assessed value: $138,130
- Annual tax amount: $2,641
- Date on market: 11/20/2025
- Cumulative days on market: 37 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Estimated market value
$570,400
$542,000 - $599,000
$1,659/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2025 | Contingent | $575,000$841/sqft |
Source:  NNRMLS #250058403 Report a problem | ||
| 11/20/2025 | Listed for sale | $575,000+29.2%$841/sqft |
Source: NNRMLS #250058403 Report a problem | ||
| 3/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/1/2023 | Price change | $2,900-9.4%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/2/2023 | Price change | $3,200-20%$5/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,641 -22.8% | $48,346 +2.7% |
| 2024 | $3,422 +308.8% | $47,067 +1.8% |
| 2023 | $837 +8% | $46,239 +21.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,642/mo
Principal & interest
$2230
Property taxes
$211
Home insurance
$201
Climate risks
Neighborhood: East Reno
Nearby schools
GreatSchools rating
- 4/10Libby C Booth Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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