1311 Terrace, Reno, NV 89503
1311 Terrace, Reno, NV 89503
1311 Terrace, Reno, NV 89503
1311 Terrace, Reno, NV 89503
1311 Terrace, Reno, NV 89503
1311 Terrace, Reno, NV 89503
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Peter Carr

Peter Carr

+1(513) 253-9150
$ 1,150,000
Est. payment | /mo

7 Beds

4 Baths

3,293 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,293 SqFt

Key Details

Property Type Manufactured Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,293 sqft

Price per Sqft $349

Subdivision Campus Heights Addition

MLS Listing ID 260004240

Bedrooms 7

Year Built 1927

Annual Tax Amount $4,409

Lot Size 7,130 Sqft

Acres 0.16

Lot Dimensions 0.16

Property Sub-Type Triplex

Property 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.

Location

State NV

County Washoe

Community Campus Heights Addition

Area Campus Heights Addition

Zoning MU

Direction N Virginia St to College Dr to Terrace Dr

Interior

Flooring Luxury Vinyl

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Assigned, Parking Pad

Pool None

Utilities Available Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage

View Y/N No

Roof Type Composition,Pitched,Shingle

Porch Patio, Deck

Garage No

Building

Lot Description Sloped Down

Story 2

Foundation Other

Water Public

Structure Type Brick

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Reno

Others

Tax ID 007-123-09

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Dickson Realty - Caughlin

Schools and Properties Nearby

Peter Carr

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(513) 253-9150

petercarr.realtor@gmail.com

Learn More About LPT Realty

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1311 Terrace