$925,000 Price Analysis    ♡   Reno, NV 89512 8 bed 4 bath 2,966 SqFt ($311/SqFt) 6,098SqFt lot. Built 1952 Listed 2023-10-18, Taxes $1,045 | Ⓧ USDA Ineligible due to price & location near Reno |
Introducing 590 Denslowe Drive: A Great 4-Plex
Where Modern Comfort Meets Investment Opportunity. Nestled in the heart of the vibrant city of Reno, Nevada, this property presents a remarkable investment opportunity. This newly renovated 4-plex is a haven of modern comfort and convenience, offering not a place to call home but also a sound financial investment, with renters already in place in all four units at $1300 per plus utilities. Each of the 2-bedroom, 1-bathroom units have been updated and upgraded to meet the demands of today's tenants. The kitchens have new or newer appliances. Bedrooms offer comfortable spaces and closets for storage.
The bathrooms have also been updated / remodeled as well. Each has a private patio / balcony. Newer mini-split HVAC systems for added comfort. The property includes an outdoor space, where tenants can unwind or simply enjoy the pretty Reno weather. As a 4-plex with established renters in place, this property offers immediate income-generating potential. You'll benefit from the stability of having tenants already in residence, providing you witha steady income stream from day one. Plus, Reno's strong rental market and growing economy make this even more attractive. It is located in a neighborhood east of the University, close to schools, shopping, dning and all the amenities that make Reno a thriving city. It's a short drive to downtown Reno and the University of Nevada, Reno, making it convenient for tenants and enhancing its rental appeal.
Presented by Gregg And Kimberly Moore at
Sparks.
Property MLS #230012181 from NNRMLS
Full Bathrooms: 4
Flooring: Ceramic Tile, Carpet, Sheet Vinyl, Vinyl Tile, Varies by Unit
Window Features: Double Pane, Combo/Varies, Single Pane, Varies by Unit
Oven/Range
Disposal
Dishwasher
Microwave
Varies Per Unit
Air Unit
Electric
Natural Gas
Forced Air
Wall Heater
Varies by Unit
Lot Size Square Feet: 6098
Parking Total: 7
Number of Units: 4
Unit Features: Balcony, Blinds/Shades, Drapes/Curtains, Patio/Deck, Smoke Detector, Varies Per Unit
Number of 2 Bedroom Units: 4
Total Bathrooms in the 2 Bedroom Units: 4
Total Actual Rent of 2-Bedroom Units: 1350
Separate Meters-Electric
Primary Meter-Water
Pet Restrictions
Separate Water Heaters
Separate Heating/Cooling
Landlord Pays Utilities
Tenant Pays Utilities
Source Listing Status: ACTIVE
County: Washoe
Directions: Valley Rd
Source Property Type: Multi-Family
Parcel Number: 00801304
Zoning: MF30
Property Subtype: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $23,981 + $49,000 $72,981 | $1,045 |
| 2022 | $19,592 + $41,825 $61,417 | $1,015 |
| 2021 | $19,721 + $35,420 $55,141 | $986 |
| 2020 | $19,901 + $35,000 $54,901 | $927 |
| 2019 | $18,452 + $35,000 $53,452 | $884 |
| 2018 | $18,070 + $21,350 $39,420 | $843 |
| 2017 | $17,989 + $20,300 $38,289 | $809 |
| 2016 | $17,631 + $20,300 $37,931 | $793 |
| 2015 | $17,580 + $14,700 $32,280 | $793 |
| 2014 | $15,124 + $11,900 $27,024 | $769 |
| 2013 | $14,569 + $7,700 $22,269 | $750 |
| 2012 | $14,247 + $5,040 $19,287 | $718 |
| 2010 | $13,229 + $10,080 $23,309 | $1,014 |
| 2009 | $13,542 + $14,700 $28,242 | $984 |
| 2008 | $13,542 + $15,155 $28,697 | $1,045 |
| 2007 | $13,049 + $21,353 $34,402 | $1,016 |
$925,000
NNRMLS
Sold 2021-11-12
$815,000
NNRMLS
Listed 2021-10-21
$770,000
NNRMLS
Sold 2021-07-26
$240,000
Public Record
Listing removed 2021-02-18
$0
NNRMLS
Price Changed 2020-12-07
$709,999
NNRMLS
Price Changed 2020-12-06
$710,000
NNRMLS
Listed 2020-11-12
$699,000
NNRMLS
Listing removed 2020-06-03
$0
NNRMLS
Listed 2020-04-02
$725,000
NNRMLS
Sold 2012-12-28
$114,000
Public Record
Sold 2002-05-17
$95,000
NNRMLS
Listed 2002-04-23
$99,900
NNRMLS
Listing removed 2002-01-02
$129,900
NNRMLS
Listed 2001-08-16
$129,900
NNRMLS
Sold 1995-04-14
$143,000
Public Record
Sold 1988-06-01
$136,000
Public Record
Sold 1982-07-01
$136,000
Public Record
Operating Expense: 5000
Year Built: 1952
Building Exterior Type: Wood Siding, Vinyl Siding
Construction Materials: Wood Frame
Foundation Details: Concrete Slab
Property Age: 72
Roof: Asphalt, Flat
Levels or Stories: 2
Structure Type: Duplex, Triplex, 4-Plex
City/County Water
City Sewer
Electricity
Natural Gas
Telephone
Varies by Unit
Water Meter Installed
Internet Available
Cellular Coverage Avail
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.