768 Holcomb AVE new

Reno,NV 89502

$ 575000

2 Beds

1 Bath

684 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 684 sqft

Price per Sqft $840

Subdivision Wells Addition

MLS Listing ID 250058403

Bedrooms 2

Full Baths 1

Year Built 1914

Annual Tax Amount $2,641

Lot Size 4,930 Sqft

Property Sub-Type Single Family Residence

Property Description

Discover the "Little Blue House," one of Midtown's most admired adaptive rehabilitations—now offering exceptional multifamily and investment potential. This beautifully updated 2-bed, 1-bath home sits on an oversized, fully landscaped lot in the heart of Midtown, just steps from shopping, dining, and all the energy the district has to offer. Blending modern upgrades with classic charm, the home features restored hardwood floors, a fully renovated kitchen with top-tier appliances and granite countertops, and tasteful finishes throughout. There is also a finished basement adding an additional 180 sq ft. The expansive outdoor living spaces elevate the property even further: a full wrap-around, accent-lit deck, secluded hot tub with privacy awning, fire pit, BBQ area, artificial turf, and curated plantings designed to frame the unobstructed views of Mt. Rose. For investors, the real value lies in the development potential. This large Midtown lot, paired with the MF-30 zoning and WANP Zoning Overlay, opens the door to a variety of multifamily or mixed-use possibilities—from additional units to professional office space or small commercial uses (subject to city approval). The existing home is turnkey and income-ready, offering immediate rental opportunities while planning future development. A rare Midtown offering that combines charm, cash flow, and long-term redevelopment potential—all in one of Reno's most sought-after neighborhoods. Currently operating as a successful short term rental. Don't miss out on this rare opportunity!

Location

State NV

County Washoe

Community Wells Addition

Area Wells Addition

Zoning MF30

Rooms

Family Room None

Other Rooms Mud Room

Dining Room Separate Formal Room

Kitchen Built-In Dishwasher

Interior

Heating Forced Air,Natural Gas

Cooling Central Air,Electric

Flooring Wood

Laundry Laundry Area

Exterior

Exterior Feature None

Parking Features Alley Access,Assigned

Pool None

Utilities Available Cable Available,Electricity Connected,Internet Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected,Cellular Coverage,Water Meter Installed

View Y/N Yes

View City,Mountain(s)

Roof Type Composition,Pitched,Shingle

Building

Lot Description Landscaped,Level,Sprinklers In Front,Sprinklers In Rear

Story 1

Foundation Brick/Mortar

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

Special Listing Condition Standard

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