$920,000
Last sold price
- 8 Beds
- 4 Baths
- 3,250 sqft
540 Monroe St, Reno, NV 89509
Est. Refi. Payment $5,309/mo*
Refinance Your HomeCurrently 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
-- mins to
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
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MLS Status: Closed |
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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) |
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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 |
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Cumulative Days on Market: 137 |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Property Information Parcel Number: 01404602 |
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Price List Price: $769,000Price Per Sqft: $283/sqft |
Status Change & Dates Off Market Date: Fri Apr 24 2026Possession Timing: Close Of Escrow |
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Direction & Address City: RenoCommunity: Arlington Heights |
School Information Elementary School: Mt. RoseJr High / Middle School: SwopeHigh School: Reno |
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Building Area Building Area: 3250 Square Feet |
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Not Senior Community |
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Lot Area: 5227.2 sqft |
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Listing Terms: 1031 Exchange, Cash, Conventional |
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Expense Tenant Pays: Water, Trash Collection, Sewer, Gas, Electricity |
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Are Units Furnished: NoneOwner Pays: Exterior Maintenance, Common Area Maintenance |
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Mls Number: 260004224 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
May 25, 2013 Source: Agent Provided | ListingRemoved | $625 |
May 8, 2013 Source: Agent Provided | Listed For Rent | $625 |
Nov 17, 2011 Source: Agent Provided | ListingRemoved | $625 |
Oct 8, 2011 Source: Agent Provided | PriceChange | $625 Price decreased by 4% |
Jul 19, 2011 Source: Agent Provided | Listed For Rent | $650 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $4,041 | $441,979 |
Home facts updated by county records
Market trends in Reno
Last updated August 2026
Avg. sale price
$584K
$4KMoM
Sale-to-List Price
99.7%
Price per sq ft
$338
$3MoM
Available listings
1077
8MoM
Around this home
What Locals Say about Plumus
LGBTQ Local Legal Protections
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.