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Jennifer Cross

jencross1998@gmail.com +1(775) 247-4461

$ 695,000

Est. payment | -/mo

1,670 SqFt

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$ 695,000

Est. payment | -/mo

Save

1,670 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,670 sqft

Price per Sqft $416

Subdivision University Terrace

MLS Listing ID 260003802

Year Built 1948

Annual Tax Amount $2,478

Lot Size 6,011 Sqft

Acres 0.14

Lot Dimensions 0.14

Property Sub-Type Duplex

Property Description

Positioned on a spacious, tree-lined lot in a central Reno location, this unique property offers two separate residences on one parcel, creating flexibility for a variety of living or investment scenarios. Located just moments from the University of Nevada, Reno, downtown, and Rancho San Rafael Regional Park, the setting combines convenience with a sense of privacy and space. The front residence, originally built in 1948, is a warm cottage-style with two bedrooms and one bathroom. Hardwood flooring extends throughout, new mini splits for cooling, and prior updates to the kitchen and bathroom provide a functional and comfortable living environment. A direct connection from the kitchen leads to a generously sized, fenced yard, offering ample space for outdoor use and entertaining. Tucked toward the rear of the property, the second home was completed in 2022 and features a more modern architectural style. Designed with an open-concept layout, the space is filled with natural light and highlighted by high ceilings and polished concrete flooring. The one-bedroom, one-bathroom configuration is complemented by a versatile loft area, suitable for a home office, guest accommodations, or additional storage. This residence also enjoys its own private yard space, while still maintaining access to the larger shared grounds. With two distinct homes, separate living areas, and a highly desirable location near parks, the university, and urban amenities, this property presents a compelling option for owner-occupants, multi-generational living, or income potential.

Location

State NV

County Washoe

Community University Terrace

Area University Terrace

Zoning SF8

Interior

Interior Features Loft

Heating Electric, Forced Air, Natural Gas, Wall Furnace

Cooling Electric

Flooring Wood

Fireplace No

Laundry Varies By Unit

Exterior

Exterior Feature None

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Composition,Pitched,Shingle

Garage No

Building

Lot Description Landscaped, Level

Story 1

Foundation Slab, Crawl Space

Water Public

Structure Type Stucco,Wood Siding

Schools

Elementary Schools Peavine

Middle Schools Clayton

High Schools Reno

Others

Tax ID 007-094-11

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

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

Listed by Marmot Properties, LLC

Schools and Properties Nearby

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1350 Ridgeway Reno, NV 89503