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Investment Highlights
- Great Location
- efficient layouts
Executive Summary
Rare Midtown Reno investment opportunity featuring two distinct buildings on one parcel: 370 La Rue Ave, a 1972-built fourplex comprised of four 1-bedroom, 1-bath units approximately 650 square feet each, and 1010 Humboldt St, a charming 1942 brick duplex with two spacious 2-bedroom units full of classic Old Southwest character. Together, the property offers a diverse unit mix in one of Reno's most sought-after urban neighborhoods. The fourplex units offer comfortable, efficient layouts in a highly walkable location near Midtown dining, shopping, coffee shops, and entertainment. The duplex units showcase the timeless charm Midtown Reno is known for, featuring hardwood floors, abundant storage, and vintage character blended with thoughtful updates. A shared basement area provides common laundry and additional utility space for tenants. Situated on a single parcel in the heart of Reno's thriving Midtown district, this six-unit property presents a compelling opportunity for investors seeking strong rental appeal, architectural character, and long-term upside in a high-demand location. With a mix of classic brick construction and well-maintained multifamily housing, this property captures the charm, convenience, and lifestyle that continue to drive demand in Midtown Reno. All units are currently occupied, offering immediate income potential. Please do not disturb tenants. Showings subject to accepted offer.
Property Facts
| Price | $2,062,440 CAD | Property Type | Multifamily |
| Price Per Unit | $343,740 CAD | Building Size | 4,788 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 6 | Year Built | 1972 |
| Zoning | MU-RES | ||
| Price | $2,062,440 CAD |
| Price Per Unit | $343,740 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 4,788 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | MU-RES |
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Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 011-322-01 | Improvements Assessment | $71,872 CAD |
| Land Assessment | $156,402 CAD | Total Assessment | $228,274 CAD |
Property Taxes
Parcel Number
011-322-01
Land Assessment
$156,402 CAD
Improvements Assessment
$71,872 CAD
Total Assessment
$228,274 CAD
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370 La Rue Ave - 370 La Rue Ave
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