About 650 Denslowe Drive
Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.
Features of 650 Denslowe Drive
| MLS® # | 260001005 |
|---|---|
| Price | $740,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.14 |
| Year Built | 1952 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 650 Denslowe Drive |
|---|---|
| Area | 89512 |
| City | Reno |
| County | Washoe |
| State | NV |
| Zip Code | 89512 |
Amenities
| Utilities | Cellular Coverage, Water Meter Installed, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 6 |
| Parking | Common |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Gas Range, Refrigerator, Oven |
|---|---|
| Heating | Natural Gas, Wall Furnace |
| Cooling | Wall/Window Unit(s), Varies by Unit |
| Fireplace | No |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Landscaped, Level |
| Windows | Metal Frames, Single Pane Windows, Vinyl Frames, Blinds, Double Pane Windows, Varies |
| Roof | Flat |
| Construction | Frame, Wood Siding |
| Foundation | Slab |
School Information
| Elementary | Lemelson Stem Academy |
|---|---|
| Middle | Traner |
| High | Hug |
Additional Information
| Date Listed | January 29th, 2026 |
|---|---|
| Zoning | MF30 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Dickson Realty - Downtown |
|---|