University Cottage at Ralston consists of one existing duplex and room to add additional units on the lot. The property sits on a large 0.275 acre lot with MF-14 zoning within the University rental submarket. There are a total of 9 bedrooms and 5.5 bathrooms. The property has been fully remodeled with tons of capex expenditures completed. This asset has newer tankless water heaters, multiple mini splits, recent exterior paint, newer roof, new electrical, new plumbing, and beautiful curb appeal. The interiors feature LVP and wood look tile flooring, wood beams, upgraded wall texture, full tile bathroom showers, modern wood look cabinets, and quartz countertops with stainless steel appliances. Tenants enjoy on-site parking on a larger private corner lot, in-unit laundry, walk around porch, and modern finishes with a classic feel throughout. It is also a short distance to the University of Nevada Reno making it a perfect student housing investment opportunity.
| MLS # | 260010463 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 8 |
| Listing Provided By | RE/MAX Gold | Angela Beard |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 7 |
| SQ Feet | 3,510 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | MF14 |
| Acreage | 0.28 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Window Features | Blinds, Double Pane Windows, Vinyl Frames |
| Appliances | Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer |
| Fireplace Yes / No | No |
| Roof | Asphalt, Flat |
|---|---|
| Exterior Features | Balcony |
| Security Features | Smoke Detector(s) |
| Lot Features | Corner Lot, Landscaped |
| Construction Materials | Stone, Stucco, Wood Siding |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Crawl Space |
| Fencing | Partial |
| Parking Features | Common |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Cable Available, Electricity Connected, Internet Available, Natural Gas Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed |
|---|---|
| Sewer | Public Sewer |
| Senior Community Yes / No | No |
|---|
| Property | 3657 |
|---|
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89503 |
| Area | Washoe |
| Community Name | University Terrace |
| School District | Reno |
| Elementary School | Elmcrest |
| High School | Reno |
| Listing VS Median (in University Terrace) | |
Price: $1,325,000 low | high Med: $987,500 sqft: 3,510 low | high Med: 2,775 $ / sqft: $377 low | high Med: $348 On site: 8 low | high Med: 35 | |
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89503 |
| Area | Washoe |
| Community Name | University Terrace |
| School District | Reno |
| Elementary School | Elmcrest |
| High School | Reno |
| Listing VS Median (in University Terrace) | |
Price: $1,325,000 low | high Med: $987,500 sqft: 3,510 low | high Med: 2,775 $ / sqft: $377 low | high Med: $348 On site: 8 low | high Med: 35 | |
![]() | $899,000400 Minerva LaneReno, NV 89503 |