540 Monroe St, Reno, NV 89509
SOLD
APR 24, 2026

$920,000

Last sold price
  • 8 Beds
  • 4 Baths
  • 3,250 sqft

540 Monroe St, Reno, NV 89509

Plumus
Est. Refi. Payment $5,309/mo*
Refinance Your Home
Currently Off Market - Sold Apr 24, 2026 for $920,000 (20% above list price)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
$970,000
09/01/26
4
3
2,268
0.26
Multi-Family Home
$1,000,000
07/31/26
3
3
2,485
0.50
Multi-Family Home
$864,000
06/10/26
6
3
2,592
0.62
Multi-Family Home
$975,000
11/10/25
3
5
2,700
0.57
Multi-Family Home
$850,000
07/23/26
3
2
2,127
1.19
Multi-Family Home
$1,015,000
05/01/26
8
4
2,928
0.73
Multi-Family Home
$770,000
06/29/26
2
3
2,163

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$505,500
2
2
1,302
Off Market
0.07
$659,700
3
2
1,354
Off Market
0.06
$630,000
2
1.5
1,158
For Sale
0.06
$745,000
3
2
1,312
Recently Sold
0.08
$644,000
4
1.5
2,376
Off Market
0.07
$471,500
2
1
720
Off Market
0.11
$572,600
Studio
-
1,225
Off Market
0.14
$543,000
3
2
1,732
Recently Sold
0.12
$423,400
2
1
744
Off Market
0.13
$755,800
4
3
3,746
Off Market
0.09
$590,500
3
1
1,384
Off Market

Local Information

  • Map ViewExplore the area around 540 Monroe St.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1989
3,250 sqft
$283/sqft
8 Parking Spaces

About this House

*Prime Old Southwest Reno/Mid Town Quadruplex* - Exceptional Investment Opportunity- Location: This desirable quadruplex offers an unbeatable Southwest Reno location. The property consists of four, 2-bedroom, 1-bath units, each featuring in-unit laundry and convenient on-site parking. Residents enjoy close proximity to shopping and dining, nearby parks, local amenities and quick access to I-580—making this a highly attractive rental location. All 4 units are currently leased and occupied, providing immediate rental income. This is a well-priced opportunity with a motivated seller, making it ideal for investors seeking strong rental demand in a prime Reno location. Contact us today for more details.
540 Monroe St, Reno, NV 89509 is a 8 bedroom, 4 bathroom, 3,250 sqft multi-family in Plumus, built in 1989. It last sold for $920,000 on Apr 24, 2026 (20% above the $769,000 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $1,795 per month. That rental listing was removed on June 26, 2026. This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 13 hours ago
Listed by John A von Brincken B.146643, (530) 913-4311
Nevada Real Estate Services by Intero
Bought with: Tonnie Savage S.187190, (775) 742-2394, Coldwell Banker Select Reno
Source: NNRMLS, MLS#260004224

Home Details for 540 Monroe St

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Water Connected, Cellular CoverageAppliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: In UnitRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Spa: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Blinds, Double Pane WindowsFlooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Vinyl
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionFencing: NoneOther Structures: NoneExterior: NoneFoundation: SlabNo Private Pool
Parking & Garage
No CarportNo Attached GarageParking Spaces: 8Parking: Common
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 137

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Property Information
Parcel Number: 01404602

Price & Status

Price
List Price: $769,000Price Per Sqft: $283/sqft
Status Change & Dates
Off Market Date: Fri Apr 24 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: RenoCommunity: Arlington Heights
School Information
Elementary School: Mt. RoseJr High / Middle School: SwopeHigh School: Reno

Building

Building Area
Building Area: 3250 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 5227.2 sqft

Offer

Listing Terms: 1031 Exchange, Cash, Conventional

Business

Expense
Tenant Pays: Water, Trash Collection, Sewer, Gas, Electricity

Rental Terms, Policies & Fees

Are Units Furnished: NoneOwner Pays: Exterior Maintenance, Common Area Maintenance

Miscellaneous

Mls Number: 260004224

Price and Tax history

DateEventPrice
Jun 26, 2026
Source: Zillow Rentals
ListingRemoved
$1,795
Jun 11, 2026
Source: Zillow Rentals
Listed For Rent
$1,795
Apr 24, 2026
Source: NNRMLS #260004224
Sold
$920,000
Apr 13, 2026
Source: NNRMLS #260004224
Contingent
$769,000
Apr 9, 2026
Source: NNRMLS #260004224
Listed For Sale
$769,000

Market trends in Reno

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$584K
$4K
MoM
Sale-to-List Price
99.7%
Price per sq ft
$338
$3
MoM
Available listings
1077
8
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Plumus

  • Leah
    "Lots of dog lovers here and people who meet up at the park after work to let the dogs play. Everyone is very friendly and laid back. It's a very safe and community oriented neighborhood."
  • William S.
    "the neighborhoods is safe. most here are established career persons. most here are very friendly and social. courtesy seems to be common.place"
  • Katie P.
    "It’s a great walking neighborhood. There are many people who walk their dogs. There is also a great park to let your dog run."

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Frequently asked questions about 540 Monroe St

  • What is the price history for 540 Monroe St?
    540 Monroe St in Reno, NV last sold for $920,000 in April 2026.
  • Is Reno a buyer's or seller's market?
    Reno is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Reno?
    The median sale price in Reno is $584K. That is down $4K from the prior month.
  • What are the closest schools to 540 Monroe St?
    The closest schools to 540 Monroe St in Reno, NV are Darrell C Swope Middle School (rated 6/10), Mount Rose Elementary School (Middle, rated 9/10), Reno High School (rated 7/10).
  • Does 540 Monroe St have laundry facilities?
    Yes, 540 Monroe St in Reno, NV has in-unit laundry.
  • Does 540 Monroe St have parking?
    Yes, 540 Monroe St in Reno, NV has on-site parking.

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