20 days on rocket

519 Elko Ave, Reno, NV, 89512

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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519 Elko Ave, Reno$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCommon, Tandem, Varies Per Unit
Year Built1915
HeatingNatural Gas, Heat Pump, Varies By Unit
CoolingAir Unit, Heat Pump, Varies By Unit
MLS #240013797
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 519 Elko Ave

Discover an exceptional investment opportunity in Reno's growing downtown district with high rent potential at 519 Elko Ave. This fully renovated, 5-unit apartment property combines modern amenities with a prime urban location, making it a standout choice for both investors and tenants. The property consists of two duplexes with spacious 2-bedroom, 1-bathroom units, plus a standalone 1-bedroom, 1-bathroom unit, each thoughtfully updated in 2021.

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Stories: 2

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 301-5289
  • Listing Agent: Christopher Moton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Flooring Type: Laminate, Varies by Unit

Exterior Features

Exterior Information:

  • Exterior: Patio/Deck

Parking Information:

  • Attached Garage: No
  • Parking: Common, Tandem, Varies Per Unit

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Heat Pump, Varies By Unit
  • Cooling: Air Unit, Heat Pump, Varies By Unit

Other

Directions Information:

  • Directions: E 6th

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $1,382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Reno, NV.

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Reno, NV

City

Med. Sold Price

$570.6K

Med. Price/SqFt

$323

Avg. Days On Market

78

# of Sold Homes

304

519 Elko Ave vs Reno

20 DAYS ON ROCKET

-58 Days

$950,000

+$379.3K More

KEY TAKEAWAY

This property is $379.3K more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240013797

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 301-5289
  • Listing Agent: Christopher Moton

IDX Copyright © 2024 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: 11/18/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 22, 2021Home Sold
$865,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,382$56,044
2019$1,278$54,894
2018$1,210$51,897
2017$1,177$40,418

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-695906
9
/10

  • Coral Academy Elementary School

  • 1701 Valley Rd

  • 0.74 miles

  • Public Charter Grades KG-4

school-card-donut-695907
3
/10

  • Glenn Duncan STEM Academy

  • 1200 Montello St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-695908
6
/10

  • Dorothy Lemelson S.T.E.M. Academy Elementary School

  • 2001 Soaring Eagle Dr

  • 0.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,197. The most common annual income of people living in Reno, NV is less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89512›519 Elko Ave

This home is located at 519 Elko Ave in Reno, NV and zip code 89512 in the Downtown Reno Regional Center neighborhood. This home, which was built in 1915, sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $950,000.

Reno, NV housing market in October 2024 saw over 51 listings sold above listed price, more than 88 sold at listed price and over 165 sold below. Between September 2024 and October 2024, Reno, NV real estate market has seen increase in the number of listings by 1.9%. In October 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $570,655.

From Rocket Homes Real Estate and based on county public records data.

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