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West University Multifamily Homes & Duplexes for Sale

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  • /25

    $720,000

    • 2,233 Sq Ft

    841 Washington St, Reno, NV 89503

    Location, Location, Location! This beautiful red-brick, mid-century home has been converted & updated into 3 excellent units for rentals or live in one and rent the other two for extra income. Main level includes a wonderfully updated 2/1, along with studio conversion. The downstairs daylight basement has been beautifully finished into a 2bed/1bath. All units have separate entrances along with

    Sherman Hickey eXp Realty

    841 Washington St, Reno, NV 89503
  • /27

    $480,000

    • 1,440 Sq Ft

    90/100 Arden Cir, Reno, NV 89503

    Charming Duplex in Northwest Reno - A Unique Investment Opportunity! Discover this well-maintained duplex, perfectly situated in the heart of Northwest Reno. Each unit boasts 1 bedroom, 1 bathroom, and approximately 720 square feet of living space, offering a combined total of 1,440 square feet. Thoughtfully upgraded, the interior was refreshed in 2017, while the exterior paint, and siding

    Aimee McDonald Coldwell Banker Select Incline

    90/100 Arden Cir, Reno, NV 89503
  • /34

    $695,000

    • 1,422 Sq Ft

    1356 Ridgeway Ct, Reno, NV 89503

    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

    Laura Kirsch Marmot Properties, LLC

    1356 Ridgeway Ct, Reno, NV 89503
  • /34

    $1,250,000

    • 2,470 Sq Ft

    250 College Dr, Reno, NV 89503

    Exceptional investment opportunity located just blocks from The University of Nevada Reno, easy access to the lively downtown area and a short trip to the popular Rancho San Rafael Regional Park. This rare multifamily property sits on a prominent corner lot and includes two well-maintained duplexes (4 total units). With flexible MF-30 zoning, there is significant upside potential for future

    Chante Hargrove RE/MAX Professionals-Reno

    250 College Dr, Reno, NV 89503
  • /40

    $750,000

    • 1,328 Sq Ft

    99 Bartlett St, Reno, NV 89512

    Invest in the heart of the University District of Reno with this fully renovated three-unit gem, just a 2-minute stroll to the University of Nevada, Reno campus. Whether you're an investor looking for cash flow, an owner occupier looking to offset your costs, or someone looking for a low maintenance property to add to their portfolio- 99 Bartlett delivers. The main house is a 2 bed, 1 bath

    Angela Beard RE/MAX Gold

    99 Bartlett St, Reno, NV 89512
  • /26

    $775,000

    • 2,858 Sq Ft

    565 Denslowe Dr, Reno, NV 89512

    Investment Options near the University of Nevada! Investors can use property either for Short Term Rental (STR) or Long Term Rental (LTR). Currently used as an STR, this remodeled fourplex is conveniently located within walking distance to the University's campus. Some of the remodeled features include ceramic tile flooring, updated bathrooms, kitchens, as well as newer water heaters and

    Rory Hickok Dickson Realty - Caughlin

    565 Denslowe Dr, Reno, NV 89512
  • /7

    $790,000

    • 2,966 Sq Ft

    670 Denslowe Dr, Reno, NV 89512

    Well priced 4-Unit Investment property with a long-time proven track record of generating stable income for the owner. The close proximity to The University of Nevada historically keeps vacancy low. 100% tenant occupied and generating $53,400 in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase

    Chris McCain DL Realty

    670 Denslowe Dr, Reno, NV 89512
  • /20

    $1,075,000

    • 4,608 Sq Ft

    3260 Gypsum Rd, Reno, NV 89503

    Welcome to 3260 Gypsum Road, Reno, NV, a remarkable investment opportunity near UNR and Rancho San Rafael. Assumable financing available. This expansive 4-unit multi-family property boasts a total of 4,608 square feet, offering an exceptional living experience across its eight bedrooms and eight bathrooms. Each unit is thoughtfully designed to maximize space and comfort, ensuring a welcoming

    Mark Hugret Compass

    3260 Gypsum Rd, Reno, NV 89503
  • /32

    $899,000

    • 2,939 Sq Ft

    400 Minerva Ln, Reno, NV 89503

    Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a

    Jakobee Reviglio LPT Realty, LLC

    400 Minerva Ln, Reno, NV 89503
  • /16

    $1,050,000

    • 3,340 Sq Ft

    462 Laurel St, Reno, NV 89512

    Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex

    Victoria Palladino Dickson Realty - Caughlin

    462 Laurel St, Reno, NV 89512
  • /2

    $1,500,000

    1058 Bell St, Reno, NV 89503

    Owner is currently waiting on permits from the city for 19 multi-family units. Property is walking distant to UNR and minutes away from downtown. Building was previously a Fraternity house. 15 parking space within the units and 5 street parking available.

    Mi Gentner RE/MAX Gold

    1058 Bell St, Reno, NV 89503

Why Live in West University

West University in Reno, Nevada, is a vibrant neighborhood centered around the University of Nevada, Reno (UNR). This area offers a mix of residential options, from condos near the campus to ranch-style and custom-built homes, with the median construction year being 1973. The neighborhood features winding streets lined with single-story homes, small front lawns, and ample greenery. Residents enjoy proximity to various amenities, including shopping centers along McCarran Boulevard and popular local spots like The Laughing Planet and Buzzed Coffee. For those seeking things to do, West University hosts the annual Great Reno Balloon Race at the 580-acre Rancho San Rafael Regional Park, which also houses the Wilbur D. May Museum and botanical gardens. Other recreational areas include the 13-acre University Ridge Park and the Oxbow Nature Study Area, offering trails and panoramic views. The neighborhood is safer than the national average, providing a low crime risk environment. Educational opportunities are strong, with highly rated schools such as Mamie Towles Elementary, Archie Clayton Middle, and Reno High School. Additionally, the UNR campus offers cultural and sporting events, including Wolf Pack Division I football games. West University is conveniently located just 2 miles from downtown Reno and a 12-minute drive from Reno-Tahoe International Airport, making it an accessible and lively place to live.

Home Trends in West University, NV

Housing Trends

Median Sale Price
$371,000
Median Single Family Sale Price
$389,900
Median Townhouse Sale Price
$2,900,000
Median 2 Bedroom Sale Price
$147,500
Average Price Per Sq Ft
$248
Number of Homes for Sale
7
Last 12 months Home Sales
72
Months of Supply
1.20
Median List Price
$391,090
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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