University Terrace Real Estate

Welcome to University Terrace, a charming subdivision nestled in the vibrant city of Reno, Nevada. This delightful community is perfectly positioned near the University of Nevada, Reno, making it an ideal location for students, faculty, and families alike. With its picturesque streets and welcoming atmosphere, University Terrace offers a unique blend of suburban tranquility and urban convenience.

One of the standout features of University Terrace is its diverse selection of homes, ranging from cozy single-family residences to modern townhouses. Each property is thoughtfully designed, providing ample space and comfort for residents. The well-maintained yards and community parks create an inviting environment, perfect for outdoor activities and gatherings with friends and neighbors.

In addition to its residential appeal, University Terrace boasts proximity to a variety of amenities. Residents enjoy easy access to shopping, dining, and entertainment options, all just a short drive away. The nearby Midtown District is a local favorite, offering trendy boutiques, art galleries, and delicious eateries that showcase the best of Reno's culinary scene.

For outdoor enthusiasts, the region is surrounded by stunning natural beauty. The Sierra Nevada mountains provide endless opportunities for hiking, skiing, and exploring the great outdoors. With the Truckee River flowing nearby, residents can enjoy leisurely walks, biking, and picnicking along its scenic banks.

University Terrace is more than just a neighborhood; it’s a community where neighbors become friends and memories are made. Whether you’re looking to plant roots or invest in a rental property, this charming subdivision offers a welcoming environment that feels like home. Discover the allure of University Terrace today and experience the best of Reno living!

Newest Listings in University Terrace

$650,000

4 Beds ⋅ 3 Baths ⋅ 260007966 MLS

LOCATION LOCATION LOCATION! This 3-unit multifamily property is gleaming with potential. Ideally located within walking distance of the University of Nevada, Reno and Downtown Reno, making it highly attractive to students, professionals, and renters alike. Each unit features its own private entrance, providing added privacy and appeal. The charming detached 1-bedroom, 1-bath "cottage" offers a generous side yard complete with raised garden beds and lots of space to play. The upstairs unit is a move-in-ready 2-bedroom, 1-bath with plenty of natural light and comfortable living space. The downstairs unit is a spacious 1-bedroom, 1-bath featuring an oversized bedroom and is currently vacant while undergoing cosmetic improvements. With a little vision and finishing touches, this property has the potential to achieve an estimated 7% CAP rate - an increasingly rare opportunity in today's market. Whether you're looking to expand your portfolio, house-hack, or invest in a high-demand rental area, this property checks all the boxes. Don't miss your chance, this one won't last long! Agents, please read private remarks.

1301 Faland Way Unit 1, 2, 3, Reno

$799,000

4 Beds ⋅ 2 Baths ⋅ 260007556 MLS

There is a rare kind of magic in a home that has watched a city grow for nearly a century. Built in 1939, this timeless brick Tudor stands as a beautiful anchor to Reno's past, completely reimagined for modern living. Located just blocks from the University of Nevada, Reno, and a five minute drive from downtown, it offers a lifestyle rooted in convenience and historic neighborhood charm. Inside, original hardwood floors guide you under classic arched doorways and into a sun drenched living room centered around a wood burning fireplace. French doors open into a large bonus room, an ideal space for a home office or quiet reading lounge. The main floor transitions effortlessly from the dining area into a fully remodeled kitchen, with floor to ceiling cabinetry, quartz countertops and stainless steel appliances. The versatility of the property unfolds downstairs in the finished walk out basement. Designed with independent Next-Gen capabilities, this lower level functions as a private guest suite or multi-generational living quarters, complete with a stylized butcher-block kitchenette, secondary living space, wide plank flooring, and a laundry room. Outside, the expansive deck overlooks a lush green lawn and a mature shade trees. Whether you are hosting a summer dinner as the twilight sky settles over Reno or walking up to campus for an afternoon event, this historic home offers a unique piece of Reno heritage with every modern comfort already taken care of.

1114 The Strand, Reno

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed