$1,150,000

Estimated payment $6,405/month

Total Views 3,974
-- Bed
-- Bath
3,248 Sq Ft
$354 Price per Sq Ft

Highlights

  • Wood Flooring
  • Brick or Stone Mason
  • Asbestos
  • Reno High School Rated A
  • Refrigerated Cooling System
  • Heating System Uses Oil

About This Home

Cash Flow + Development Potential - Just one block from UNR, this rare investment includes two parcels, four rental units, three well-maintained buildings, and two street frontages. Located virtually across from the University of Nevada, Reno, it offers both immediate income and long-term upside in one of the city's strongest rental markets. All units are leased, separately metered, and generating steady returns from day one. The .328-acre combined site is zoned MF30, allowing flexible options for expansion or high-density redevelopment. Properties include 1145 Seminary Ave, a 3 bed/1 bath single-family home with a NEW electrical panel, NEW central heating and AC, NEW interior paint, NEW front patio, and NEW back door ramp; 1120/1122 Buena Vista Ave, a duplex with two 1 bed/1 bath units; and 1151 Seminary Ave, a 2 bed/1 bath single-family home. 1145 Seminary Ave and 1120/1122 Buena Vista sit on parcel 007-117-04, while 1151 Seminary is on parcel 007-117-03—offered together as one exceptional UNR-area investment.

Listing Agent

Rebecca Delumeau

NextHome Yourpickettfence Group License #S.202036 Listed on: 08/14/2025

Co-Listing Agent

Tim Lambdin

NextHome Yourpickettfence Group License #BS.7450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1932

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced
  • Front Yard Sprinklers
  • Manual Sprinklers System

Home Design

  • Brick or Stone Mason
  • Wood Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asbestos
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,248 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Rods
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 1 Parking Space Included

Outdoor Features

  • Fuel Available

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Oil
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter: 4
  • Central Water Heater
  • Oil Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, trash collection, sewer, common area maintenance
  • Assessor Parcel Number 00711704

Community Details

Overview

  • 4 Units
  • Reno Community
  • University Terrace Subdivision
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,660

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • Property Sub Type: Income
  • Property Type: Residential Income
  • Lot Features: Sprinklers In Front, Other
  • Lot Size Acres: 0.33
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 2911-o
  • Co List Office Phone: 775-762-8355
  • Co List Office Mls Id: 2911-o
  • Co List Office Phone: 775-762-8355
  • Subdivision Name: University Terrace
  • Directions: N. Sierra St., College, Left on Seminary Ave
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: MF30
  • Building Stories5: 1
  • Fencing Back Yard: Yes
  • Construction Materials Asbestos: Yes
  • Cooling Central Air: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Cooling Refrigerated: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Sprinklers Manual: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Elmcrest
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.328
  • Lot Lot Size Square Feet4: 14287.68
  • Appliances Electric Range: Yes
  • Appliances Oven: Yes
  • Owner Pays Water3: Yes
  • Owner Pays Common Area Maintenance: Yes
  • Owner Pays Sewer2: Yes
  • Foundation Details Wood7: Yes
  • Owner Pays Trash Collection: Yes
  • Tax Legal Tax Annual Amount3: 1659.99
  • Water Heater Oil2: Yes
  • Lot Spa Y N4: No
  • Appliances Electric Oven: Yes
  • Water Heater Central2: Yes
  • Contract Rent Control Y N: No
  • Building Number Of Units Total5: 4.0
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • Tax Legal Middleor Junior School: Clayton
  • Building Accessibility Features Y N5: No
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Meter Information Number Of Separate Electric Meters: 4
  • Meter Information Number Of Separate Gas Meters: 4
  • Unit Details Number Of Units Leased: 4
  • Meter Information Number Of Separate Water Meters: 4
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Varies, Wood
  • Owner Pays: Water, Trash Collection, Sewer, Common Area Maintenance
  • Window Features: Blinds, Rods, Single Pane Windows, Varies
  • Flooring Carpet: Yes
  • Window Features Blinds: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Flooring Laminate: Yes
  • Cooling Wall Window Unit(s): Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 3248.0
  • Laundry Features Washer Hookup: Yes
  • Laundry Features In Unit: Yes
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished
  • Unit3 Furnished7: Unfurnished
  • Unit4 Furnished8: Unfurnished

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Asbestos, Brick, Frame, Stucco, Unknown, Other
  • Foundation Details: Wood, Other
  • Other Structures: None
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Varies by Unit
  • Total Parking Spaces: 3.0
  • Parking Information Parking Total4: 3.0
  • Unit1 Garage Attached Y N: No
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 1.0
  • Unit3 Garage Attached Y N3: No
  • Unit3 Parking Capacity Per Unit3: 1.0
  • Unit4 Garage Attached Y N4: No
  • Unit4 Parking Capacity Per Unit4: 1.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Varies By Unit
  • Water Source: Public
  • Laundry Features: In Unit, Washer Hookup, Varies By Unit
  • Cooling: Central Air, Refrigerated, Wall/Window Unit(s), Varies By Unit
  • Heating: Electric, Oil, Wall Furnace, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Phone Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Oil: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Oil4: Yes
  • Utilities Cooling Y N5: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Internet Connected: Yes
  • Utilities Natural Gas Connected: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00711704
  • Fencing: Back Yard, None
  • Lot Size Sq Ft: 14287.68
  • Zoning: MF30

Rental Info

  • Tenant Pays: Internet, Telephone, Electricity, Cable TV

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Tax Info

  • Tax Annual Amount: 1659.99

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $1,150,000 0.0% $354 / Sq Ft
06/20/2025 06/20/25 Rented $1,950 0.0% --
03/22/2025 03/22/25 For Rent $1,950 -- --
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 250054508

Northern Nevada Regional MLS

APN: 007-117-04