$749,000
Active
670 Denslowe Drive
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
8
Beds
·
About This Property
Well priced four-unit investment property with a proven track record of generating stable income for the owner. The close proximity to The University of Nevada Reno historically keeps vacancy low. One hundred percent tenant occupied and generating over fifty four thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Units have washer & dryers and mini-split heating & cooling. APOD available, just call. Tenant occupied - please do not disturb them.
Listed by Chris McCain — DL Realty
Listing Details
Status
Active
MLS #
260001931
Days on Market
105
Property History
Feb 20, 2026
Listed for sale
$749,000
Property Overview
Beds
8
Lot Size
0.14 acres
Stories
2
Year Built
1952
Property Type
Quadruplex
Subdivision
Sterling Village
STR Jurisdiction
Washoe County
APN
008-013-09
Parking
Total Parking
6
Parking Features
Assigned
Exterior & Lot
Exterior Features
Balcony
Lot Features
Landscaped
Construction
Frame, Wood Siding
Roof
Flat
Foundation
Slab
Pool & Spa
Pool
No
Utilities & Systems
Heating
Electric, Natural Gas, Wall Furnace, Varies By Unit
Cooling
Electric, Varies By Unit
Financial
Annual Tax
$1,113
Schools
Elementary School
Lemelson Stem Academy
Middle School
Clayton
High School
Hug
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($149,800)
Home price
$749,000
Loan details
30-yr fixed, 6.5%
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