$399,900

1140 The Strand, Reno, NV 89503

2 beds |
1 bath |
979 sqft

Single-Family Home
Built in 1936
7,623sqft lot
—— car garage
$408/sqft
Listed 4 days ago

Property Description

Investment Opportunity Near University of Nevada Perfect College Housing or Rental Investment. Discover this well-positioned 2-bedroom, 1-bathroom home just steps away from the University of Nevada campus! This 979 square foot residence offers incredible potential for investors and owner-occupants alike. Additional 1,015 sq ft unfinished basement (perfect for storage, workshop, or future expansion) Walking distance to University of Nevada, ideal for student housing High rental demand from college population, Easy access to campus and city amenities Multifamily zoning (MF-14) Verify additional unit possibilities with local city/county. Don't miss this rare opportunity to own a property near campus!

Listing Status:: Active
Date Added:: December 8, 2025 at 06:00AM
Listing Office:: Capurro & Reid Real Estate,LLC : 775-850-5000
Listing Agent:: Kevin Reid : 775-722-0121
MLS ID:: 250058905

Appliances: DryerElectric OvenElectric RangeRefrigeratorWasher
Laundry: Laundry Area
Flooring: LaminateLinoleum
A/C: None
Heating: Forced AirNatural Gas
Fireplace: Living RoomFireplaceFireplaces: 1

General: Rain Gutters
Other Structures: None
Pool: None
Parking: Parking spaces: 2

Roofing: CompositionPitched
Windows: Double Pane WindowsVinyl Frames
General: FrameStucco1Concrete Perimeter

Road/Access: PublicCity Street
County: Washoe

Zoning: MF-14007-114-11
Fencing: Back YardPartial

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater ConnectedInternet AvailableWater Meter Installed
Water: Public
Sewer: Public Sewer

This listing courtesy of Kevin Reid, Capurro & Reid Real Estate,LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Peavine Elementary School

1601 Grandview Ave, Reno, NV, 89503

Grades PK-5

0.64 miles away

Archie Clayton Middle School

1295 Wyoming Ave, Reno, NV, 89503

Grades 6-8

1.38 miles away

Reno High School

395 Booth St, Reno, NV, 89509

Grades 9-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.