Neuronal nicotinic acetylcholine (ACh) receptors are ligandgated, cation-selective ion channels. Nicotinic receptors containing ␣4, ␣6, 2, and 3 subunits are expressed in midbrain dopaminergic neurons, and they are implicated in the response to smoked nicotine. Here, we have studied the cell biological and biophysical properties of receptors containing ␣6 and 3 subunits by using fluorescent proteins fused within the M3-M4 intracellular loop. Receptors containing fluorescently tagged 3 subunits were fully functional compared with receptors with untagged 3 subunits. We find that 3-and ␣6-containing receptors are highly expressed in neurons and that they colocalize with coexpressed, fluorescent ␣4 and 2 subunits in neuronal soma and dendrites. Fö rster resonance energy transfer (FRET) reveals efficient, specific assembly of 3 and ␣6 into nicotinic receptor pentamers of various subunit compositions.Using FRET, we demonstrate directly that only a single 3 subunit is incorporated into nicotinic acetylcholine receptors (nAChRs) containing this subunit, whereas multiple subunit stoichiometries exist for ␣4-and ␣6-containing receptors. Finally, we demonstrate that nicotinic ACh receptors are localized in distinct microdomains at or near the plasma membrane using total internal reflection fluorescence (TIRF) microscopy. We suggest that neurons contain large, intracellular pools of assembled, functional nicotinic receptors, which may provide them with the ability to rapidly up-regulate nicotinic responses to endogenous ligands such as ACh, or to exogenous agents such as nicotine. Furthermore, this report is the first to directly measure nAChR subunit stoichiometry using FRET and plasma membrane localization of ␣6-and 3-containing receptors using TIRF.