INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 452 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside and all tenants are on month to month leases. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 420 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact broker for more information and showing times.
Active
$499,000
452 Holcomb Ave, Reno, NV 89502
--beds
0baths
1,524sqft
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
- 14 days
- 616
- 32
Zillow last checked:
Listing updated:
Listed by:
Corry Castaneda B.1001732 775-745-2194,
Chase International-Damonte
Source: NNRMLS,MLS#: 260012822
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Appliances
- Included: Dryer, Electric Oven, Washer
- Laundry: Washer Hookup
Features
- Flooring: Carpet, Ceramic Tile, Laminate
- Windows: Wood Frames
- Has fireplace: No
Interior area
- Total structure area: 1,524
- Total interior livable area: 1,524 sqft
Property
Parking
- Parking features: Alley Access
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Full
Lot
- Size: 3,920 Square Feet
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 01301217
- Zoning: MF30
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete, Unknown
- Foundation: Stone, Other
- Roof: Composition,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Wells Addition
Location
- Region: Reno
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $244,914
- Annual tax amount: $1,615
- Date on market: 10/7/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $499,000+256.4%$327/sqft |
Source: | ||
| 1/4/2001 | Sold | $140,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,497 +7.6% | $85,720 +3.9% |
| 2025 | $1,391 +7.4% | $82,504 -0.2% |
| 2024 | $1,295 -58.8% | $82,656 +1.4% |
| 2023 | $3,142 +45.3% | $81,495 +25.8% |
| 2022 | $2,163 +107.4% | $64,765 +22.4% |
| 2021 | $1,043 +4% | $52,891 +14.5% |
| 2020 | $1,003 -3.8% | $46,198 |
| 2019 | $1,043 +4% | $46,198 +30.8% |
| 2018 | $1,003 +16.4% | $35,307 +0.3% |
| 2017 | $861 | $35,192 +10.7% |
| 2016 | $861 | $31,784 +6% |
| 2015 | $861 +2.7% | $29,979 +20.9% |
| 2014 | $839 | $24,789 +15.9% |
| 2013 | $839 | $21,387 |
| 2012 | -- | $21,387 -2.1% |
| 2011 | -- | $21,847 -6.4% |
| 2010 | -- | $23,334 +0.4% |
| 2009 | -- | $23,232 -32% |
| 2008 | -- | $34,162 |
| 2007 | -- | $34,162 +29% |
| 2006 | -- | $26,477 +4.4% |
| 2005 | -- | $25,360 +10% |
| 2004 | -- | $23,064 -0.7% |
| 2003 | -- | $23,223 +0.4% |
| 2002 | -- | $23,125 |
| 2001 | -- | $23,125 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Reno
Nearby schools
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





