Skip To Content

519 Elko Ave

Reno, NV 89512
  • $900,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 250004448
UPDATED: 45 min ago
$900,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,856
    SQFT
  • $315
    $/SQFT
Type:
Multi-Family
Built:
1915
County:

School Information

Elementary School:
Middle School:
High School:

Description

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. Located in the heart of Reno, walking distance to University of Nevada Reno, and minutes away from the main highway. A great location for just about anyone! Nearby stores, outlets, and schools. It does not get any better than this! Perfect for any student trying to stay close to campus and still be minutes away from the university.

Monthly Payment Calculator

Northern Nevada Regional MLS logo © 2025 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 | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-04-18T14:19:50.003.
www.nevada.properties/homes/162361602
Print Image

519 Elko Ave Reno, NV 89512

  • Price: $900,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 45 min ago
  • MLS #: 250004448
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,856
SQFT
$315
$/SQFT
1915
Built
County:
Washoe
Elementary School:
Booth
Middle School:
Vaughn
High School:
Wooster
Property Description
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. Located in the heart of Reno, walking distance to University of Nevada Reno, and minutes away from the main highway. A great location for just about anyone! Nearby stores, outlets, and schools. It does not get any better than this! Perfect for any student trying to stay close to campus and still be minutes away from the university.
Exterior Features

Construction Wood Frame Exterior Masonry VeneerVinyl Siding Fenced Full Foundation Basement/FinishedConcrete/Crawl Space Landscaped Fully Landscaped Parking Capacity 7 Parking Types TandemCommonVaries Per Unit Roof Pitched Sprinklers Yes

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 576 2 Bedroom Baths 1 2 Bedroom Sq Ft 570 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDishwasherMicrowaveVaries Per Unit Flooring LaminateVaries by Unit Heating Cooling Evap CoolingNatural GasRadiant Heat-CeilingVaries by Unit Laundry CommonVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Patio/DeckVaries Per Unit Water Heater Electric Windows Double PaneVaries by Unit

Property Features

1 Bedroom Avg Rent Per Unit 1000 1 Bedroom Units 3 2 Bedroom Avg Rent Per Unit 1130 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 17599 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Ccr Restrictions No Common Features None Documents On File Rental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-Water Green Feature Double Pane Windows Gross Scheduled Income 56220 HUD No Multifamily Type Apartment Building (up to 8 Unit Net Operating Income 38621 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasInternet AvailableCellular Coverage Avail Zoning Actual MD-ID

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Reno Real Estate: .

Northern Nevada Regional MLS logo © 2025 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 | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-04-18T14:19:50.003.
 
https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250004448-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250004448-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250004448-2.jpg
Logo
Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521