540 Monroe ST, Reno, NV 89509
540 Monroe ST, Reno, NV 89509
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$ 769,000
Est. payment | /mo

8 Beds

4 Baths

3,250 SqFt


Save
$ 769,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,250 SqFt

Key Details

Property Type Manufactured Home

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $236

Subdivision Arlington Heights

MLS Listing ID 260004224

Bedrooms 8

Year Built 1989

Annual Tax Amount $4,041

Lot Size 5,009 Sqft

Acres 0.12

Lot Dimensions 0.12

Property Sub-Type Quadruplex

Property Description

*Prime Old Southwest Reno/Mid Town Quadruplex* - Exceptional Investment Opportunity- Location: This desirable quadruplex offers an unbeatable Southwest Reno location. The property consists of four, 2-bedroom, 1-bath units, each featuring in-unit laundry and convenient on-site parking. Residents enjoy close proximity to shopping and dining, nearby parks, local amenities and quick access to I-580—making this a highly attractive rental location. All 4 units are currently leased and occupied, providing immediate rental income. This is a well-priced opportunity with a motivated seller, making it ideal for investors seeking strong rental demand in a prime Reno location. Contact us today for more details.

Location

State NV

County Washoe

Community Arlington Heights

Area Arlington Heights

Zoning MF30

Direction Plumas St to Mpnroe St to PIQ

Interior

Interior Features No Interior Steps

Heating Forced Air

Flooring Vinyl

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Common

Pool None

Utilities Available Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Water Connected, Cellular Coverage

View Y/N No

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Slab

Water Public

Structure Type Wood Siding

Schools

Elementary Schools Mt. Rose

Middle Schools Swope

High Schools Reno

Others

Tax ID 014-046-02

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Nevada Real Estate Services by Intero

Schools and Properties Nearby

Jennifer Cross

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540 Monroe ST