CONTACT LISTING AGENT FOR AVAILABLE SHOWING TIME. PLEASE DO NOT DISTURB TENANTS. This triplex presents an excellent investment opportunity just a couple of blocks from University of Nevada, Reno. With three distinct units designed for comfort and functionality, the property offers flexible living options for tenants or multi-generational use. A new 30-year roof was installed in 2024, along with new exterior paint and new fencing on the west side yard, adding to the property's overall value and appeal. Unit C is a cozy 2-bedroom, 1-bath unit featuring a mix of modern laminate flooring and plush carpet, with a spacious layout ideal for roommates or small households. Unit A is a large 1-bedroom, 1-bath unit with new laminate flooring in the main living area, carpet in the bedroom, an updated kitchen, and added ingress and egress for improved functionality. Unit B is a spacious studio with a full kitchen and bathroom, offering enough room for both living and sleeping areas. A new heat pump provides efficient year-round heating and cooling. Each unit is thoughtfully designed to accommodate a variety of living needs, making this property a strong investment opportunity in a highly desirable location.
Active under contract-no show
$689,000
1111 Strand Pl, Reno, NV 89503
3beds
1baths
2,241sqft
Est.:
Triplex
Built in 1948
-- sqft lot
$-- Zestimate®
$307/sqft
$-- HOA
What's special
Updated kitchenNew exterior paint
- 30 days |
- 2,142 |
- 86 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 10:02am
Listed by:
Lauren Addi S.198603 775-544-9986,
Dickson Realty - Damonte Ranch
Source: NNRMLS,MLS#: 260002060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Forced Air, Heat Pump, Natural Gas
Cooling
- Central Air, Heat Pump, Refrigerated, Varies by Unit
Appliances
- Included: Oven, Disposal, Dryer, Refrigerator, Washer
- Laundry: Varies By Unit
Features
- Ceiling Fan(s)
- Flooring: Carpet, Luxury Vinyl
- Windows: Aluminum Frames, Blinds, Double Pane Windows
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,241
- Total interior livable area: 2,241 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Common, Parking Pad, None
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Awning(s), Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Back Yard,Partial
Lot
- Size: 6,534 Square Feet
- Features: Landscaped, Level
Details
- Additional structures: Shed(s)
- Parcel number: 00711211
- Zoning: MF14
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Water Meter Installed
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Escape, Smoke Detector(s)
- Subdivision: University Terrace
Location
- Region: Reno
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $249,191
- Annual tax amount: $1,822
- Date on market: 2/25/2026
- Cumulative days on market: 31 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Tenant pays: Water, Trash Collection, Sewer, Gas, Electricity
Estimated market value
Not available
Estimated sales range
Not available
$2,338/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Contingent | $689,000$307/sqft |
Source:  NNRMLS #260002060 Report a problem | ||
| 3/10/2026 | Listed for sale | $689,000$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 3/3/2026 | Contingent | $689,000$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 2/25/2026 | Listed for sale | $689,000+10.8%$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 8/16/2024 | Sold | $622,000$278/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,689 +12.9% | $87,217 +4.7% |
| 2024 | $1,496 +8% | $83,305 +3.9% |
| 2023 | $1,386 +8.1% | $80,156 +17.6% |
| 2022 | $1,282 +6.4% | $68,186 +16% |
| 2021 | $1,205 +5.1% | $58,798 +11.3% |
| 2020 | $1,147 -4.9% | $52,809 |
| 2019 | $1,205 +5.1% | $52,809 +32.5% |
| 2018 | $1,147 +11.7% | $39,865 +6.6% |
| 2017 | $1,026 | $37,410 +10.2% |
| 2016 | $1,026 | $33,948 +9.9% |
| 2015 | $1,026 +3% | $30,894 +14.6% |
| 2014 | $996 | $26,952 +2.9% |
| 2013 | $996 | $26,189 |
| 2012 | -- | $26,189 -3.1% |
| 2011 | -- | $27,038 +2.2% |
| 2010 | -- | $26,466 -23.4% |
| 2009 | -- | $34,553 -2.2% |
| 2008 | -- | $35,336 |
| 2007 | -- | $35,336 +16.5% |
| 2006 | -- | $30,341 +4.9% |
| 2005 | -- | $28,937 +16.3% |
| 2004 | -- | $24,892 -0.6% |
| 2003 | -- | $25,033 +0.3% |
| 2002 | -- | $24,946 |
| 2001 | -- | $24,946 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,820/mo
Principal & interest
$3567
Property taxes
$253
More affordability tools
Climate risks
Neighborhood: Old Northwest - West University
Nearby schools
GreatSchools rating
- 4/10Elmcrest Elementary SchoolGrades: K-5Distance: 1.1 mi
- 5/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Elmcrest
- Middle: Clayton
- High: McQueen
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 89503
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Reno Topics
