$9,738 Closing Credit¹
#250001734, David Tully, Listing Office: LPT Realty, LLC
$830,000 List price
650 Elko Ave Reno, NV 89512
$9,856
Closing credit¹
0.2 acres
Multi-Family
Property details
About 650 Elko Ave
Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. The property consists of a triplex featuring a 2 bed, 1 bath unit, a 1 bed, 1 bath unit and a studio unit. In the back there is a separate 528 sqft 1 bed, 1 bath cottage. All units are in great condition, the property has always been well cared for, and it shows! Tenants can enjoy a large, fenced yard with a picnic table and 6 off street parking spaces as well as on site laundry.
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(Under Contract-Show)
(Under Contract-Show)
CoolingAir Unit
Lot size0.17 Acres
Year built1992
ParkingBoth Att & Det
MLS #250005215
Summary
- Appliances: Refrigerator, Oven/Range, Disposal, Washer, Dryer
- Flooring Type: Ceramic Tile, Carpet, Laminate, Sheet Vinyl
- Interior: Smoke Detector
- Parking: Both Att & Det
- Heating: Natural Gas, Forced Air
- Cooling: Air Unit
- List Price: $830,000
- Annual Tax Amount: $1,849
- Tax Year: 2023
- Directions: E 7th and Elko Ave
- Year Built: 1992
- Stories: 2
- Lot Size: 0.17 Acres
- MLS Number: 250005215
- Office Name: RE/MAX Gold
- Office Phone: (775) 787-3629
- Listing Agent: Angela Beard
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: 4/29/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$830,000
650 Elko Ave
$9,856
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 28, 2013 | Home Sold | $245,000 |
| Feb 14, 2012 | Home Sold | $63,500 |
| Sep 23, 2005 | Home Sold | $180,000 |
| May 30, 2003 | Home Sold | $200,000 |
| Sep 03, 1999 | Home Sold | $170,000 |
| Dec 30, 1994 | Home Sold | $85,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $76,875 | $1,849 |
| 2022 | $67,509 | $1,714 |
| 2021 | $60,122 | $1,589 |
| 2020 | $59,928 | $1,589 |
| 2019 | $58,898 | $1,424 |
| 2018 | $50,966 | $1,358 |
| 2017 | $40,682 | $1,305 |
History based on county public records data.
Nearby schools
8
Coral Academy Elementary School
Public Charter KG-4
0.6 mi
•1701 Valley Rd
4
Glenn Duncan STEM Academy
Public District KG-5
0.7 mi
•1200 Montello St
6
Dorothy Lemelson S.T.E.M. Academy Elementary School
Public District KG-5
0.8 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. The majority of Reno, NV residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living 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 650 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 22, 2025 and is currently priced at $830,000.
Over 56 listings were sold over their listed price in March 2025 in Reno, NV. In the same period over 138 listings were sold below the listed price and 79 listings were sold for the listed price. The number of listings in Reno, NV increased by 15.7% between February and March 2025. In March 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $578,663.
From Rocket Homes Real Estate and based on county public records data.