Unique opportunity to own a newly renovated, fully furnished, 4 unit building located blocks from downtown Reno. Units have high ceilings, appliances, tasteful decor, and lots of charm. The fully landscaped outdoor space features a hot tub, artificial grass, lighting, and covered awnings. New heating and cooling systems were installed in 2017. This property has tons of historical character, with modern upgrades and finishing., The owners have meticulously curated almost every aspect of the building, and the running of their rental business. Most of the building is rented out for short term occupants, who consistently leave 5 star reviews. There is also one long term month-to-month tenant. A slew of resources are available to the next owner, if needed, including a staff who takes care of reservation and cleaning. The building has a built in hospitable reputation.
Closed
$1,170,000
540 W 2nd St, Reno, NV 89503
--beds
0baths
4,093sqft
Quadruplex
Built in 1914
-- sqft lot
$1,183,000 Zestimate®
$286/sqft
$2,186 Estimated rent
Home value
$1,183,000
$1.08M - $1.30M
$2,186/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 13, 2025 at 02:14pm
Listed by:
Brandon Hapin S.199414 775-400-5338,
Keller Williams Group One Inc.,
Gloria Hapin S.184485 775-378-2682,
Keller Williams Group One Inc.
Bought with:
Unrepresented Buyer or Seller
Non MLS Office
Source: NNRMLS,MLS#: 240005321
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Included: Oven, Dishwasher, Dryer, Gas Range, Refrigerator, Washer
- Laundry: Common Area, In Hall, Varies By Unit
Features
- Flooring: Carpet, Laminate, Varies, Vinyl, Wood
- Windows: Blinds, Double Pane Windows, Drapes
- Has basement: No
Interior area
- Total structure area: 4,093
- Total interior livable area: 4,093 sqft
Property
Parking
- Total spaces: 4
- Parking features: Common, Garage
Features
- Stories: 2
- Exterior features: Balcony
- Fencing: Back Yard
Lot
- Size: 6,969 sqft
- Features: Landscaped, Sprinklers In Front, Other
Details
- Additional structures: Shed(s), Storage
- Parcel number: 01102217
- Zoning: MUDR
- Other equipment: Varies by Unit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Vinyl Siding
- Foundation: Stone
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available, Water Meter Installed
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Powning Addition
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2024 | Sold | $1,170,000-6.4%$286/sqft |
Source:  NNRMLS #240005321 | ||
| 10/2/2024 | Pending sale | $1,250,000$305/sqft |
Source: NNRMLS #240005321 | ||
| 5/30/2024 | Price change | $1,250,000-7.4%$305/sqft |
Source: NNRMLS #240005321 | ||
| 5/7/2024 | Listed for sale | $1,350,000$330/sqft |
Source: NNRMLS #240005321 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mountain View
Nearby schools
GreatSchools rating
- 9/10Hunter Lake Elementary SchoolGrades: K-6Distance: 1.3 mi
- 7/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Hunter Lake
- Middle: Swope
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,183,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,183,000