NV > Reno > University Terrace
Reno, NV 89503,250 College DR Drive
Reno, NV 89503,250 College DR Drive
Reno, NV 89503,250 College DR Drive
Reno, NV 89503,250 College DR Drive
Reno, NV 89503,250 College DR Drive
Reno, NV 89503,250 College DR Drive
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Marilyn Dash

Marilyn Dash

+1(415) 999-9087
$ 1,250,000
Est. payment | /mo

2,470 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

2,470 SqFt

Key Details

Property Type Manufactured Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,470 sqft

Price per Sqft $506

Subdivision University Terrace

MLS Listing ID 250051510

Year Built 1955

Annual Tax Amount $1,792

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.22

Property Sub-Type Quadruplex

Property Description

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 redevelopment, additional units, or long-term cash flow. Ample off-street parking for residents. Each of the units have attractive laminate flooring throughout and an abundance of natural light from the windows. The single-level layout of each unit features an open floorplan, creating a comfortable and inviting living space. Whether you're seeking a turnkey cash-flowing asset or a strategic redevelopment play, this property offers the flexibility and location that seasoned investors seek. Opportunities like this—zoned MF-30, on a corner lot, and walking distance to a major university—don't come along often.

Location

State NV

County Washoe

Community University Terrace

Area University Terrace

Zoning MF30

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Laundry In Unit, Washer Hookup, Varies By Unit

Exterior

Exterior Feature None

Parking Features Common, Parking Pad, RV Access/Parking

Pool None

Utilities Available Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt,Pitched,Shingle

Garage No

Building

Lot Description Corner Lot, Level, Sprinklers In Front, Other

Story 1

Foundation Crawl Space

Water Public

Structure Type Shingle Siding

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Reno

Others

Tax ID 007-105-01

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by RE/MAX Professionals-Reno
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(415) 999-9087

marilyn@marilyndash.com

1755 E Plumb Ln #251, Reno, NV, 89502

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250 College DR Drive