Property Description

INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 420 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. NOTE: One of the units has suffered fire damage/casualty and is currently non habitable/non rentable in need of significant restoration. 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. 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 452 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 “as-is” 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 listing agent for showings by appointment only.

Features
UTILITIES:
Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
EXTERIOR FEATURES:
No
Address Map
Country:
US
State:
NV
County:
Washoe
City:
Reno
Area:
Wells Addition
Zipcode:
89502
Street:
Holcomb
Street Number:
420
Floor Number:
0
Longitude:
W120° 11' 37.4''
Latitude:
N39° 31' 18.2''
Neighborhood
Elementary School:
Booth
High School:
Wooster
Middle School:
Vaughn
Additional Info
Office Name:
Chase International-Damonte
Agent Name:
Corry Castaneda
PhotoTimestamp:
10-07-2026 05:39:16
Status Detail:
Active
Status Date:
10-07-2026
Agent ID:
14444
Listing Office 1:
1471-o
Contract Date:
10-02-2026
Sold Price:
$0
Update Date:
10-07-2026 05:48:33
Stories:
1
CIC Dues:
$0
Parcel #:
013-012-18
Search Price:
$0
Price Per SQFT:
$0

Residential Income Residential

420 Holcomb, Reno, Nevada 89502

0.13 Acre
$425,000
Listing ID #260012823
Basic Details
Property Type :
Residential Income
Listing Type :
Residential
Listing ID :
260012823
Serial Number :
20261002212655968266000000
Price :
$425,000
View :
Trees
Year Built :
1926
Lot Area :
0.13 Acre
Status :
Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent