$695,000
$80K PRICE DROP

1356 Ridgeway Ct Reno, NV 89503

West University Neighborhood

Estimated payment $3,970/month

Total Views 4,977
-- Bed
-- Bath
1,422 Sq Ft
$489 Price per Sq Ft

Highlights

  • Cathedral Ceiling
  • Mini Split Air Conditioners
  • Shed
  • Reno High School Rated A
  • Patio
  • Forced Air Heating System

About This Home

Located just minutes from the University, this charming duplex offers both character and potential. The front unit is a 2-bedroom, 1-bathroom home built in 1948, featuring original hardwood floors. The kitchen and bathroom were updated in 2006, including new plumbing. Furnace and water heater were replaced in 2003. Currently tenant-occupied on a lease through December (with possible early move-out), it offers immediate rental income.

The second unit, built in 2021, is a 1-bedroom + loft, 1-bathroom home with vaulted ceilings and modern finishes. It's currently vacant and ready for a new occupant or additional rental income. A separate storage structure at the back of the property offers added utility.

Whether you're a seasoned investor, a first-time buyer, or someone looking for multi-unit potential in a desirable location, this property offers versatility, value-add upside, and strong rental appeal.

Listing Agent

Laura Kirsch

Marmot Properties, LLC License #S.176875 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

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

Interior Spaces

  • 1,422 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Concrete

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 1 Parking Space Included

Outdoor Features

  • Patio
  • Shed

Schools

  • Peavine Elementary School
  • Billinghurst Middle School
  • Reno High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter: 2
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 007-094-11

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • University Terrace Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Subdivision Name: University Terrace
  • Directions: Use GPS
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: SSF8
  • Building Stories5: 2
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Peavine
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.14
  • Lot Lot Size Square Feet4: 6098.4
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 2295.67
  • Lot Spa Y N4: No
  • Association Community Number Of Buildings2: 2.0
  • 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: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • Tax Legal Middleor Junior School: Billinghurst
  • Other Structures Shed(s): Yes
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Reno
  • Levels Two: Yes
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Unit Details Number Of Units Leased: 1
  • Cooling Mini Split(s): Yes
  • Building Building Name5: none
  • Meter Information Number Of Separate Water Meters: 2
  • Unit Details Number Of Units Vacant: 1
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Flooring: Carpet, Concrete
  • Number Of Buildings: 2
  • Interior Amenities: Cathedral Ceiling(s)
  • Window Features: Vinyl Frames
  • Flooring Carpet: Yes
  • Window Features Vinyl Frames: Yes
  • Flooring Concrete3: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1422.0
  • Interior Features Cathedral Ceiling(s): Yes
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab, Crawl Space
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • 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: 2.0
  • Parking Information Parking Total4: 2.0
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 1.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 1.0

Utilities

  • Utilities: Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: 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
  • Utilities Phone Connected: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 007-094-11
  • Fencing: Full
  • Lot Size Sq Ft: 6098.4
  • Zoning: SSF8

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 1
  • Number Of Units Vacant: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 2295.67

MLS Schools

  • Elementary School: Peavine
  • 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

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
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 Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $695,000 -4.1% $489 / Sq Ft
07/07/2025 07/07/25 Price Changed $725,000 -6.5% $510 / Sq Ft
06/18/2025 06/18/25 For Sale $775,000 +15.7% $545 / Sq Ft
07/29/2022 07/29/22 Sold $670,000 -1.5% $401 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $680,000 -- $407 / 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
Previous Owner $45,000 Credit Line Revolving
Previous Owner $95,500 New Conventional
Previous Owner $55,000 New Conventional
Previous Owner $30,000 Unknown
Previous Owner $71,837 Fannie Mae Freddie Mac
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250051722

Northern Nevada Regional MLS

APN: 007-094-11

Nevada Washoe County Reno 89503 West University

1356 Ridgeway Ct, Reno, NV

This home is located at 1356 Ridgeway Ct, Reno, NV 89503 and is currently priced at $695,000, approximately $488 per square foot. This property was built in 1948. 1356 Ridgeway Ct is a home located in Washoe County with nearby schools including Peavine Elementary School, Archie Clayton Pre-AP Academy, and Reno High School.

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Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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Laura Kirsch
Listing Agent
Laura Kirsch
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Marmot Properties, LLC
(775) 628-6417