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Listed price in listed location currency (USD).
$1,150,000

740

MLS® 260004240

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $4,409
Days Active 20
Lot Size 
Approx. Age 1927
MLS® Number 260004240

Property Address: 1311 Terrace Dr, Reno, NV, 89503-3060

Average square foot calculated using Size range provided by listing agent.

Description

Prime UNR Triplex - Fully Renovated, Fully Leased, Turnkey Investment Just one block from the University of Nevada, Reno. This beautifully renovated triplex delivers modern living, strong rental demand, and reliable income from day one. Renovations were completed in 2019. The property offers 7 bedrooms, 5 bathrooms, and onsite and street parking, making it an exceptional opportunity in one of Reno's most sought after rental neighborhoods. Each unit has been thoughtfully updated with low maintenance LVP flooring, stainless steel appliances, modern kitchens and bathrooms, washer and dryers and efficient mini split HVAC systems. Residents enjoy inviting outdoor spaces as well, including a welcoming front porch and a shared patio ideal for relaxing or gathering with friends. Parking for 7 vehicles is included. This is a true turnkey investment: All units are currently tenant occupied. Leases for all three units for the 2026-27 term are already signed. APOD available upon request. Renovation work included fire alarm and fire sprinklers throughout the property. Showings are by appointment only and subject to tenant schedules. 24 hr notice required. Properties this close to campus with modern finishes and stable tenancy rarely come to market. A smart addition to any portfolio. We are continuing to show this property and are accepting back-up offers.
MLS® Number260004240
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
Basement
DrivewayAssigned, Parking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Apr 10, 2026List Date
$1,150,000List Price

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