$740,000
Original price: $750,000
- 8 Beds
- 4 Baths
- 2,966 sqft
650 Denslowe Dr, Reno, NV 89512
Est. Mortgage $4,186/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1952
$249/sqft
6 Parking Spaces
Local Information
-- mins to
About this House
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.
Last check for updates: about 9 hours ago
Listing courtesy of Jacqueline Lescott S.187479, (775) 360-0060
Dickson Realty - Downtown
Source: NNRMLS, MLS#260001005

Also Listed on NNRMLS.
Home Details for 650 Denslowe Dr
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter InstalledAppliances: Oven, Gas Range, RefrigeratorLaundry: NoneRefrigerator |
Heating & Cooling Heating: Natural Gas,Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s),Varies by UnitHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Blinds, Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, VariesFlooring: Ceramic Tile, Laminate, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Ceramic Tile, Laminate, Vinyl |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: FlatFencing: PartialOther Structures: NoneExterior: BalconyFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo Attached GarageParking Spaces: 6Parking: Common |
Pool Pool: None |
Frontage Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: Frame |
Property Information Parcel Number: 00801308 |
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Price List Price: $740,000Price Per Sqft: $249 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: RenoCommunity: Sterling Village |
School Information Elementary School: Lemelson Stem AcademyJr High / Middle School: TranerHigh School: Hug |
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Listing Agent Listing ID: 260001005 |
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Building Area Building Area: 2966 Square Feet |
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Not Senior Community |
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Lot Area: 6098.4 sqft |
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Listing Terms: 1031 Exchange, Cash, Conventional, FHA |
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Expense Tenant Pays: Gas, Electricity |
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Are Units Furnished: NoneOwner Pays: Water, Trash Collection, Sewer |
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Mls Number: 260001005 |
Around this home
What Locals Say about East University
At least 62 Trulia users voted on each feature.
86 % Say car is needed
78 % Say there are sidewalks
69 % Say it's dog friendly
62 % Say yards are well-kept
62 % Say there's holiday spirit
60 % Say parking is easy
56 % Say kids play outside
55 % Say streets are well-lit
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
42 % Say they plan to stay for at least 5 years
41 % Say people would walk alone at night
41 % Say it's quiet
36 % Say neighbors are friendly
31 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Reno
Last updated July 2026
Avg. sale price
$589K
$20.17KMoM
Sale-to-List Price
99.8%
0.1%MoM
Price per sq ft
$335
$4MoM
Available listings
1083
23MoM
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 |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $770,000 | 01/22/26 | 4 | 4 | 2,858 | |
0.69 | Multi-Family Home | $1,065,000 | 06/18/26 | 7 | 4 | 3,293 | |
0.48 | Multi-Family Home | $505,000 | 01/21/26 | 6 | 3 | 2,097 | |
0.73 | Multi-Family Home | $659,755 | 04/21/26 | 5 | 4 | 396 | |
0.73 | Multi-Family Home | $799,000 | 04/10/26 | 3 | 2,796 | ||
0.28 | Multi-Family Home | $910,000 | 12/23/25 | - | 3,507 | ||
0.95 | Multi-Family Home | $690,000 | 04/27/26 | 3 | 1 | 2,241 | |
1.60 | Multi-Family Home | $710,000 | 06/12/26 | 6 | 3 | 2,466 | |
0.62 | Multi-Family Home | $745,000 | 12/29/25 | - | 2,165 |
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 |
|---|---|---|---|---|---|---|
0.00 | $817,500 | Studio | - | 2,966 | Off Market | |
0.06 | $770,000 | 4 | 4 | 2,858 | Recently Sold | |
0.06 | $399,300 | 3 | 1 | 1,072 | Off Market | |
0.04 | $715,000 | 8 | 4 | 2,858 | For Sale | |
0.06 | $413,500 | 3 | 2 | 1,080 | Off Market | |
0.09 | $340,000 | 3 | 1 | 853 | Recently Sold | |
0.08 | $407,600 | 3 | 1 | 1,128 | Off Market | |
0.08 | $353,000 | 3 | 1 | 1,020 | Off Market | |
0.11 | $400,800 | 3 | 1 | 1,324 | Off Market | |
0.08 | $412,000 | 4 | 1 | 1,020 | Off Market | |
0.08 | $440,400 | Studio | - | 1,557 | Off Market |
Price and Tax history
| Date | Event | Price |
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Apr 9, 2026 Source: NNRMLS #260001005 | PriceChange | $740,000 Price decreased by 1% |
Jan 29, 2026 Source: NNRMLS #260001005 | Listed For Sale | $750,000 |
Jan 17, 2024 Source: N/A | Sold | $750,000 |
Feb 2, 2006 Source: N/A | Sold | $355,000 |
Dec 8, 2000 Source: N/A | Sold | $144,000 |
Nov 22, 1996 Source: N/A | Sold | $125,000 |
Aug 1, 1994 Source: N/A | Sold | $125,000 |
| Year | Property tax | Tax assessment |
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| 2026 | $1,020 | $243,061 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jacqueline Lescott, Dickson Realty - Downtown
Agent Phone: (775) 360-0060

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.
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Frequently asked questions about 650 Denslowe Dr
- What is the estimated monthly payment for 650 Denslowe Dr?Based on a $740,000 list price with 20% down at today's rates, the estimated monthly payment for 650 Denslowe Dr in Reno, NV is approximately $4,265 (about $3,919 principal & interest, $271 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 650 Denslowe Dr compare to homes in Reno?650 Denslowe Dr in Reno, NV is listed at $740,000, about 26% above the $589K median sale price in Reno.
- What do residents say about the East University neighborhood?Residents describe the East University neighborhood in Reno, NV as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in East University, Reno.
- What are the closest schools to 650 Denslowe Dr?The closest schools to 650 Denslowe Dr in Reno, NV are Dorothy Lemelson STEM Academy Elementary School (Pre-K, rated 4/10), Fred W Traner Middle School (rated 5/10), Procter R Hug High School (rated 2/10).
- Does 650 Denslowe Dr have air conditioning?Yes, 650 Denslowe Dr in Reno, NV has air conditioning.
- Does 650 Denslowe Dr have parking?Yes, 650 Denslowe Dr in Reno, NV has on-site parking.
650 Denslowe Dr, Reno, NV 89512 is a 8 bedroom, 4 bathroom, 2,966 sqft multi-family built in 1952. 650 Denslowe Dr is located in East University, Reno. This property is currently available for sale and was listed by NNRMLS on Jan 29, 2026. The MLS # for this home is MLS# 260001005.

