Property Description

Prime UNR Triplex – Fully Renovated, Fully Leased, Turnkey Investment Just one block from the University of Nevada, Reno. This beautifully renovated triplex delivers modern living, strong rental demand, and reliable income from day one. Renovations were completed in 2019. The property offers 7 bedrooms, 5 bathrooms, and onsite and street parking, making it an exceptional opportunity in one of Reno’s most sought after rental neighborhoods. Each unit has been thoughtfully updated with low maintenance LVP flooring, stainless steel appliances, modern kitchens and bathrooms, washer and dryers and efficient mini split HVAC systems. Residents enjoy inviting outdoor spaces as well, including a welcoming front porch and a shared patio ideal for relaxing or gathering with friends. Parking for 7 vehicles is included. This is a true turnkey investment: All units are currently tenant occupied. Leases for all three units for the 2026-27 term are already signed. APOD available upon request. Renovation work included fire alarm and fire sprinklers throughout the property. Showings are by appointment only and subject to tenant schedules. 24 hr notice required. Properties this close to campus with modern finishes and stable tenancy rarely come to market. A smart addition to any portfolio.

Features
: Internet Available, Cellular Coverage, Electricity Connected, Sewer Connected, Water Connected, Cable Connected, Natural Gas Connected
: N Virginia St To College Dr To Terrace Dr
: No
Address Map
US
NV
Washoe
Reno
Campus Heights Addition
89503
Terrace
1311
0
W120° 10' 55.2''
N39° 32' 27.2''
Neighborhood
Elmcrest
Reno
Clayton
Additional Info
Dickson Realty - Caughlin
Jo Ann Burke
04-09-2026 23:43:10
Active
04-09-2026
12036
136-o
03-18-2026
$0
04-11-2026 13:47:20
2
$0
007-123-09
$0
$0

Residential Income Residential

1311 Terrace, Reno, Nevada 89503

7 Bedrooms
4 Bathrooms
0.16 Acre
$1,150,000
Listing ID #260004240
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 260004240
Serial Number : 20260318190958302553000000
Price : $1,150,000
View : Trees
Bedrooms : 7
Bathrooms : 4
Year Built : 1927
Lot Area : 0.16 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent