$650,000
Unlock Price Rating!

237 University ter Race, Reno, NV 89503

- Beds
0 Baths
2,727 Sq Ft

Investors know that spacious Multi-family zoned properties near UNR are a rare opportunity. Recent landscaping in front hints at the possibility of a classic and stately facade. The large front porch has views of downtown Reno. High ceilings, beautiful hardwood floors, bay windows, and craftsman pocket double sliding doors amaze. Multi-Family 30 units per acre zoning, together with new density bonuses available in city code for small-footprint units, give the potential for 5 units on this site., Parking in tandem in the front drive allows for four cars, Additional dirt alley parking in rear. The owner has not lived in the house and is selling the property "as is" with no repairs. The multi-family zoned home has been divided over 110 years into: a two bed 1 bath main unit, a 1 bed one bath, a studio built long ago with no permits (rented at $600/month presently), and the large basement- cannot be rented as bedrooms and would require costly work and permits to use those five additional bedrooms.

  • MLS# 220008482
  • Date Listed06/11/2022
  • Days on Realty 1514 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.13 acres (5,663 sq. ft)
  • Sewer Public Sewer
  • Property Type Triplex
  • County Washoe
  • Year Built 1910
  • Water Public
  • Square Feet 2,727 sq. ft
  • Price Per Sq. Ft $238.36

Interior Features

  • Flooring Carpet, Concrete, Varies
  • Cooling Electric
  • Heating Electric, None

Exterior / Lot Features

  • Exterior Shed(s), Storage
  • Roof Pitched, Composition, Flat, Shingle
  • Lot Size Acres 0.13
  • Lot Size SQFT 5,662.80
  • Lot Features Landscaped

Financial Considerations

  • Tax Amount $1,586
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 89503

Explore the local neighborhood highlights and top-rated schools near 89503 in Reno, NV.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 89503

Discover key demographics, population statistics, and environmental insights for the Reno, NV area.

Population & Environment

Source: Sperling's Best Places

Walkability in NV / 89503

Source: Walk Score

74/100

Very Walkable

Walk Score ®

50/100

Good Transit

Transit Score ®

75/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.


Transit Summary

17 nearby routes: 17 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 24/100, Bike Score: 41/100.

Property Change History

Property Heating updated
Electric HeatingElectric, None
Property description updated with new details
Property Exterior Features updated

Frequently Asked Questions for 237 University Terrace

Source: Realty.com

237 University Terrace, Reno, NV 89503 in Reno, NV 89503 is a triplex listed at $650,000. Highlights include 2,727 sq. ft., built in 1910, 0.13 acre lot, $238 per sq. ft.. Realty.com has 21 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 21 photos of 237 University Terrace.

Our records indicate that 237 University Terrace was built in 1910.

The full address for this home is 237 University Terrace, Reno, NV 89503.

237 University Terrace has been listed on Realty.com since Sat June 11, 2022

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 24/100, Bike Score: 41/100.

There are 3 schools assigned to this home. Check out the schools near 237 University Terrace. Elmcrest Elementary School (Grades: PK - 6), Archie Clayton Middle School (Grades: 6 - 8), Reno High School (Grades: 9 - 12)

Listing provided courtesy of: Dickson Realty - Downtown (tel: 775-324-7000)
Listing agent: Jeffrey Loftin (tel: 775-468-7325) (#12652)

This content last refreshed on 2026-08-03 10:09:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.