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468 Capitol Hill Avenue

Reno, NV 89502
  • $840,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 260007314
Price Reduced
UPDATED: 26 min ago
$840,000
  • 6
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.

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Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is 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. Data last updated: 2026-07-20T15:19:39.34.
www.nevada.properties/homes/177494055
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468 Capitol Hill Avenue Reno, NV 89502

  • Price: $840,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 26 min ago
  • MLS #: 260007314
6
Beds
0
Baths
0
½ Baths
0.2
Acres
1954
Built
Neighborhood:
89502
County:
Washoe
Area:
89502
Elementary School:
Veterans
Middle School:
Vaughn
High School:
Wooster
Property Description
The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.
Exterior Features

Attached Garage YN No Breezeway Yes Construction Materials AsbestosWood Siding Exterior Features None Foundation Details Crawl Space Open Breezeway Yes Parking Features Common Patio And Porch Features [] Pool Features None Roof CompositionPitched Spa Features None Window Features Double Pane WindowsVinyl Frames

Interior Features

Accessibility Features [] Appliances OvenDishwasherGas RangeRefrigerator Building Area Total 2288 Common Walls [] Cooling [] Cooling YN No Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating Wall Furnace Heating YN Yes Interior Features [] Laundry Features None Levels One Unit1 Baths Total 1 Unit2 Baths Total 1 Unit3 Baths Total 1 Unit4 Baths Total 1 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Fencing Partial Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features Level Other Equipment [] Other Structures None Owner Pays WaterTrash CollectionSewer Parking Total 4 Property Sub Type Quadruplex Road Frontage Type [] Road Responsibility [] Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1306.23 Tenant Pays GasElectricity Unit Type Type [] Unit1 Unit Type 3 Bedroom Unit2 Actual Rent 945 Unit2 Unit Type 1 Bedroom Unit3 Actual Rent 945 Unit3 Unit Type 1 Bedroom Unit4 Actual Rent 1325 Unit4 Unit Type 1 Bedroom Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Waterfront Features [] Zoning MF-30

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of RE/MAX Gold: .

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is 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. Data last updated: 2026-07-20T15:19:39.34.
 
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Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523