$695,000

Estimated payment $3,950/month

Total Views 1,884
-- Bed
-- Bath
1,670 Sq Ft
$416 Price per Sq Ft

Highlights

  • Wood Flooring
  • Loft
  • Cooling Available
  • Reno High School Rated A-
  • Double Pane Windows
  • Landscaped

About This Home

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.

Listing Agent

Laura Kirsch

Marmot Properties, LLC License #S.176875 Listed on: 04/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1948

Lot Details

  • 6,011 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Rods
  • Loft
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Master Meter
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 007-094-11

Community Details

Overview

  • 2 Units
  • Reno Community
  • University Terrace Subdivision

Building Details

  • 2 Separate Electric Meters
  • Trash Expense $25

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,478

Year Built

Built in 1948

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.14
  • Is Senior Community?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Subdivision Name: University Terrace
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: SF8
  • Building Stories5: 1
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Peavine
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.138
  • Lot Lot Size Square Feet4: 6011.28
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 2478.07
  • Contract Rent Control Y N: No
  • Building Number Of Units Total5: 2.0
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Clayton
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Reno
  • Incomeand Expenses Total Actual Rent: 3400.0
  • Incomeand Expenses Trash Expense: 25.0
  • Meter Information Number Of Separate Electric Meters: 2
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring: Concrete, Wood
  • Interior Amenities: Loft
  • Window Features: Blinds, Double Pane Windows, Rods, Vinyl Frames
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Flooring Concrete3: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1670.0
  • Interior Features Loft2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab, Crawl Space
  • Other Structures: None
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Cooling: Electric
  • Heating: Electric, Forced Air, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Natural Gas Connected: Yes

Fee Information

  • Trash Expense: 25.0

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 007-094-11
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6011.28
  • Zoning: SF8

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 3400.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 2478.07

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Reno

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,856 $98,104 $54,075 $44,029
2025 $2,296 $97,033 $52,710 $44,323
2024 $2,296 $95,482 $51,450 $44,032
2023 $2,126 $81,349 $40,005 $41,344
2022 $1,969 $65,703 $31,500 $34,203
2021 $1,032 $30,685 $21,490 $9,195
2020 $1,001 $30,504 $21,000 $9,504
2019 $990 $41,959 $28,700 $13,259
2018 $946 $32,690 $19,950 $12,740
2017 $907 $30,534 $18,025 $12,509
2016 $1,474 $28,263 $15,820 $12,443
2015 $883 $26,336 $14,000 $12,336
2014 $857 $23,232 $11,550 $11,682
2013 -- $22,883 $11,550 $11,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2026 04/02/26 For Sale $695,000 +157.4% $416 / Sq Ft
06/28/2019 06/28/19 Sold $270,000 -3.2% $360 / Sq Ft View Prior Sale
05/16/2019 05/16/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $279,000 -1.8% $372 / Sq Ft
04/13/2019 04/13/19 Price Changed $284,000 -1.7% $379 / Sq Ft
03/13/2019 03/13/19 For Sale $289,000 -- $385 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $670,000 First Centennial Title
Bargain Sale Deed $270,000 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $421,000 New Conventional
Previous Owner $216,000 New Conventional
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 260003802

Northern Nevada Regional MLS

APN: 007-094-11

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