370 La Rue AVE, Reno, NV 89509
370 La Rue AVE, Reno, NV 89509
370 La Rue AVE, Reno, NV 89509
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Kristi Ghent

Kristi Ghent

+1(916) 759-1084
$1,500,000
Est. payment /mo
4,788 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,788 sqft

Price per Sqft $313

Subdivision Scenic Park

MLS Listing ID 260006291

Year Built 1972

Annual Tax Amount $3,929

Lot Size 7,013 Sqft

Acres 0.16

Lot Dimensions 0.16

Property Sub-Type Multi Family

Property Description

Rare Midtown Reno investment opportunity featuring two distinct buildings on one parcel: 370 La Rue Ave, a 1972-built fourplex comprised of four 1-bedroom, 1-bath units approximately 650 square feet each, and 1010 Humboldt St, a charming 1942 brick duplex with two spacious 2-bedroom units full of classic Old Southwest character. Together, the property offers a diverse unit mix in one of Reno's most sought-after urban neighborhoods. The fourplex units offer comfortable, efficient layouts in a highly walkable location near Midtown dining, shopping, coffee shops, and entertainment. The duplex units showcase the timeless charm Midtown Reno is known for, featuring hardwood floors, abundant storage, and vintage character blended with thoughtful updates. A shared basement area provides common laundry and additional utility space for tenants. Situated on a single parcel in the heart of Reno's thriving Midtown district, this six-unit property presents a compelling opportunity for investors seeking strong rental appeal, architectural character, and long-term upside in a high-demand location. With a mix of classic brick construction and well-maintained multifamily housing, this property captures the charm, convenience, and lifestyle that continue to drive demand in Midtown Reno. All units are currently occupied, offering immediate income potential. Please do not disturb tenants. Showings subject to accepted offer.

Location

State NV

County Washoe

Community Scenic Park

Area Scenic Park

Zoning MU-RES

Interior

Heating Electric, Forced Air

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Parking Lot

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Slab

Water Public

Structure Type Brick,Wood Siding

Others

Tax ID 011-322-01

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

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Listed by Marmot Properties, LLC

Nearby Locations

Kristi Ghent

"We are always here to help, we take great pride in providing expert guidance and advice!"

+1(916) 759-1084

kristi@ghentteam.com

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370 La Rue AVE