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
$1,170,000 Zestimate®
$286/sqft
$3,157 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 24, 2025 at 02:19am
Listed by:
Brandon Hapin S.199414 775-400-5338,
Ferrari-Lund Real Estate Reno,
Gloria Hapin S.184485 775-378-2682,
Keller Williams Group One Inc.
Bought with:
Unrepresented Buyer or Seller
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
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Services availability
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Estimated market value
$1,170,000
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
$1,170,000