$500,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
2,146 SqFt
SOLD DATE : 09/10/2026
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,146 sqft
Price per Sqft $232
Subdivision University Heights
MLS Listing ID 260010158
Sold Date 09/10/26
Bedrooms 6
Full Baths 2
Year Built 1955
Annual Tax Amount $1,025
Lot Size 6,359 Sqft
Acres 0.15
Lot Dimensions 0.15
Property Sub-Type Single Family Residence
Property Description
Rare investment opportunity directly across from the University of Nevada, Reno! Properties on this street rarely come to market, making this an exceptional opportunity for investors, house hackers, or parents looking to purchase for a UNR student. This spacious home offers approximately 2,146 square feet with 6 bedrooms and 2 bathrooms, featuring a functional layout with 3 bedrooms and 1 bathroom upstairs and 3 bedrooms and 1 bathroom downstairs. The shared kitchen, living room, and bathrooms create a layout well-suited for room-by-room rentals or student housing. Five of the six bedrooms are currently tenant occupied, providing immediate income potential, while one vacant room offers flexibility for an owner-occupant or the opportunity to lease at current market rates. The property also includes six dedicated off-street parking spaces, a valuable feature in this highly desirable university location. Conveniently located just steps from UNR, Mackay Stadium, downtown Reno, restaurants, shopping, and freeway access, this property is positioned in one of Northern Nevada's strongest rental markets. The home offers tremendous upside for the next owner. Whether you're looking to expand your investment portfolio, create additional cash flow, or build long-term equity through improvements, this property presents a rare value-add opportunity. TLC is needed, and the property is being sold as-is. Buyer to verify all information, including square footage, zoning, rental arrangements, and any intended use of the property.
Location
State NV
County Washoe
Community University Heights
Area University Heights
Zoning MF30
Rooms
Family Room None
Other Rooms Finished Basement
Basement Basement - Finished
Dining Room Kitchen Combination
Kitchen Disposal
Interior
Heating Fireplace(s), Natural Gas
Cooling Central Air
Flooring Laminate
Fireplaces Number 1
Fireplace Yes
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Permit Required
Utilities Available Cable Available, Electricity Available, Internet Available, Sewer Available, Water Available, Cellular Coverage
View Y/N No
Roof Type Composition,Shingle
Garage No
Building
Lot Description Level, Sloped Down
Story 2
Foundation None
Water Public
New Construction No
Schools
Elementary Schools Lemelson Stem Academy
Middle Schools Traner
High Schools Hug
Others
Tax ID 007-072-05
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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