1060 E Reno Rd |
|
| Price: | $775,000 |
| Property Type: | residential |
| MLS #: | 21182190 |
| Rare opportunity for an OWNER-OCCUPANT INVESTOR to live in one home while owning three additional income-producing units. Owner-occupant purchasers may qualify for LOW DOWN PAYMENT requirements compared to traditional investment property loans. This investment package includes four units across three separate residences: two single-family homes and one duplex. In addition to the vacant 2 bed, 1.5 bath single-family home, the property includes another 2 bed, 1 bath single-family residence and a duplex featuring a two-story 3 bed, 2 bath unit and a single-story 3 bed, 1.5 bath unit. The vacant home is move-in ready, allowing an owner to live on-site while neighboring units generate income. All structures have been fully renovated over the past two years well beyond typical market standards. Major upgrades include roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, fixtures, and more. With no known deferred maintenance, the property offers long-term stability and reduced future capital expense risk. Three units are currently leased, providing immediate income. Living on-site allows convenient oversight, simple management, and the opportunity to offset housing expenses while building equity through rental income. Each unit features a private fenced backyard, dedicated driveway parking, two covered carport spaces, individual water and electric meters, and an exterior storage building. The property offers a quiet small-town setting with quick access to nearby retail and employment options. An adjoining parcel may also be available and includes utilities, three-phase electric service, and an approximately 6,400 sq ft shop with work and office areas, including restrooms, offering additional expansion or business potential, plus a leased mobile home. This is a truly rare chance to acquire a turnkey, fully modernized, low-risk investment property with multiple paths for income, expansion, and owner-occupancy flexibility. Aerial Video Available. | |
| Area: | Parker |
| Year Built: | 1983 |
| Bedrooms: | Six+ |
| Bathrooms: | Four+ |
| 1/2 Bathrooms: | 3 |
| Garage: | 0 |
| Acres: | 1.0613 |
| Virtual Tour: | Click here to view |
| Exterior Features : | Dog Run |
| Exterior Features : | Rain Gutters |
| Exterior Features : | Lighting |
| Exterior Features : | Storage |
| Flooring : | Carpet |
| Flooring : | Luxury Vinyl Plank |
| Foundation Details : | Slab |
| Heating : | Central |
| Heating : | Electric |
| Interior Features : | Decorative Lighting |
| Interior Features : | Eat-in Kitchen |
| Interior Features : | Granite Counters |
| Interior Features : | High Speed Internet Available |
| Interior Features : | Open Floorplan |
| Structural Style : | Condo/Townhome |
| Structural Style : | Single Detached |
| Utilities : | All Weather Road |
| Utilities : | City Water |
| Utilities : | Co-op Electric |
| Utilities : | Individual Water Meter |
| Utilities : | Overhead Utilities |
| Utilities : | Septic |
| Utilities : | Underground Utilities |
Courtesy: Mark Costello • The Costello Group • 
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This content last refreshed on 06/12/2026 03:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
