Investment Opportunity Easy access to campus, potential Multifamily development-zoning (MF-14). Price reflects current condition of property. Buyer to verify additional unit possibilities with local city zoning dept. Don't miss this rare opportunity to own a property near campus! Discover this well-positioned 2-bedroom, 1-bathroom home very close to the University of Nevada campus! This 979 square foot residence offers incredible potential for investors. Additional 1,015 sq ft unfinished basement (possible storage or future expansion) Ideal for student housing, area is a high rental demand from college population.
Closed
$275,000
1140 The Strand, Reno, NV 89503
2beds
979sqft
Single Family Residence
Built in 1936
7,840.8 Square Feet Lot
$-- Zestimate®
$281/sqft
$1,951 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,951/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: 8 hours ago
Listed by:
Kevin Reid B.16236 775-722-0121,
Capurro & Reid Real Estate,LLC
Bought with:
Unrepresented Buyer or Seller
Non MLS Office
Source: NNRMLS,MLS#: 250058905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Features
- Flooring: Laminate
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Unfinished
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 979
- Total interior livable area: 979 sqft
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
- Spa features: None
- Fencing: Back Yard,Partial
Lot
- Size: 7,840 sqft
- Features: Sloped Down
Details
- Additional structures: None
- Parcel number: 00711411
- Zoning: MF-14
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Concrete Perimeter
- Roof: Composition,Pitched
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Water Meter Installed
Community & neighborhood
Location
- Region: Reno
- Subdivision: University Terrace
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $275,000-8.3%$281/sqft |
Source:  NNRMLS #250058905 Report a problem | ||
| 1/29/2026 | Contingent | $299,900$306/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 1/27/2026 | Price change | $299,900-25%$306/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 12/30/2025 | Listed for sale | $399,900$408/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 12/14/2025 | Contingent | $399,900$408/sqft |
Source: NNRMLS #250058905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $861 +4% | $58,807 +1.1% |
| 2024 | $828 +7.9% | $58,156 +4.4% |
| 2023 | $767 -0.2% | $55,703 +25.7% |
Find assessor info on the county website
Neighborhood: Old Northwest - West University
Nearby schools
GreatSchools rating
- 4/10Elmcrest Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Elmcrest
- Middle: Clayton
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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