$10,000 Closing Credit¹
#250003415, Jakobee Reviglio, Listing Office: LPT Realty, LLC
$875,000 List price
519 Elko Ave Reno, NV 89512
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 519 Elko Ave
Prime investment opportunity in Reno’s thriving and growing downtown area at 519 Elko Ave, offering excellent rental income potential. This 5 unit multifamily has been fully renovated in 2021 with up to date appliances and amenities. In a growing urban location, making it an ideal choice for both buyers, investors and renters. The property includes two duplexes, each with 2-bedroom, 1-bathroom units, along with separate 1-bedroom, 1-bathroom units. Cap rate is 5.89%
Highlights
Home typeMulti Family
HeatingNatural Gas, Radiant Ceiling, Varies By Unit
StatusActive
(Price Reduced)
(Price Reduced)
CoolingEvaporative Cooling, Varies By Unit
Lot size0.172 Acres
Year built1915
ParkingTandem, Common, Varies Per Unit
MLS #250004448
Summary
- Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave
- Flooring Type: Laminate, Varies by Unit
- Attached Garage: No
- Parking: Tandem, Common, Varies Per Unit
- Exterior: Patio/Deck
- Heating: Natural Gas, Radiant Ceiling, Varies By Unit
- Cooling: Evaporative Cooling, Varies By Unit
- List Price: $875,000
- Annual Tax Amount: $1,658
- Tax Year: 2023
- Directions: E 6th
- Year Built: 1915
- Stories: 2
- Lot Size: 0.172 Acres
- MLS Number: 250004448
- Office Name: Reno Real Estate
- Office Phone: (775) 379-0053
- Listing Agent: Cristopher Garcia
Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 9:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$875,000
519 Elko Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 22, 2021 | Home Sold | $865,000 |
| May 29, 2020 | Home Sold | $300,000 |
| Feb 15, 2013 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $74,018 | $1,658 |
| 2022 | $64,323 | $1,537 |
| 2021 | $56,396 | $1,537 |
| 2020 | $56,044 | $1,381 |
| 2019 | $54,894 | $1,278 |
| 2018 | $51,897 | $1,209 |
| 2017 | $40,418 | $1,177 |
History based on county public records data.
Nearby schools
8
Coral Academy Elementary School
Public Charter KG-4
0.7 mi
•1701 Valley Rd
4
Glenn Duncan STEM Academy
Public District KG-5
0.9 mi
•1200 Montello St
6
Dorothy Lemelson S.T.E.M. Academy Elementary School
Public District KG-5
0.9 mi
•2001 Soaring Eagle Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,197. Residents of Reno, NV typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
67%
<35k
31%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
22%
18-34 yrs old
52%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Church's Chicken
Popeyes
What do the neighbors drive?
Buick
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 519 Elko Ave in Reno, NV and zip code 89512 in the Downtown Reno Regional Center neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $875,000.
While more than 45 listings in Reno, NV in April 2025 were sold above asking price, there were more than 88 listings sold at asking price, and more than 154 were sold below. The number of homes for sale in Reno, NV increased by 11.8% between March and April 2025. While the average time on the market in April 2025 was 83 days, the median list price was $578,091.
From Rocket Homes Real Estate and based on county public records data.