University of Nevada Real Estate

Welcome to the vibrant community of University of Nevada in Reno, Nevada! Nestled in the heart of Washoe County, this charming subdivision offers a unique blend of academic excellence and a thriving local culture.

The University of Nevada, Reno, is not just a place of learning but a hub of innovation and community engagement. Home to a diverse student population and renowned faculty members, the university brings a dynamic energy to the surrounding area.

Residents of this neighborhood enjoy easy access to a wide range of amenities, including top-rated schools, shopping centers, restaurants, and outdoor recreational opportunities. Whether you're strolling through the picturesque campus or exploring the nearby parks and trails, there is always something exciting to discover in University of Nevada.

With its convenient location in Reno, residents also have access to all the attractions and conveniences of a bustling city while still being able to enjoy the tranquility of a residential neighborhood. The combination of urban amenities and a close-knit community make University of Nevada a highly desirable place to live.

Come experience the unique charm and endless possibilities that University of Nevada has to offer. Whether you're a student, a young professional, or a growing family, this neighborhood has something for everyone. Welcome home to University of Nevada in beautiful Reno, Nevada!

Newest Listings in University of Nevada

$730,000

8 Beds ⋅ 4 Baths ⋅ 260010634 MLS

4-Plex. New roof! Three units are tenant occupied with Unit D vacant and available to tour. Please do not disturb tenants. Tours of other units will be available once an offer is accepted. Rent roll available upon request.

675 Denslowe Dr, Reno

$1,325,000

9 Beds ⋅ 7 Baths ⋅ 260010463 MLS

University Cottage at Ralston consists of one existing duplex and room to add additional units on the lot. The property sits on a large 0.275 acre lot with MF-14 zoning within the University rental submarket. There are a total of 9 bedrooms and 5.5 bathrooms. The property has been fully remodeled with tons of capex expenditures completed. This asset has newer tankless water heaters, multiple mini splits, recent exterior paint, newer roof, new electrical, new plumbing, and beautiful curb appeal. The interiors feature LVP and wood look tile flooring, wood beams, upgraded wall texture, full tile bathroom showers, modern wood look cabinets, and quartz countertops with stainless steel appliances. Tenants enjoy on-site parking on a larger private corner lot, in-unit laundry, walk around porch, and modern finishes with a classic feel throughout. It is also a short distance to the University of Nevada Reno making it a perfect student housing investment opportunity.

1104 Ralston St, Reno

$500,000

4 Beds ⋅ 3 Baths ⋅ 260010263 MLS

Welcome to this spacious North Reno home featuring 4 bedrooms and 3 bathrooms with a flexible floor plan and a finished basement offering 2 additional bedrooms and 1 bathroom, ideal for guests, extended living, or added privacy. Enjoy the covered patio perfect for relaxing or entertaining family and friends. Conveniently located near shopping, dining, and easy freeway access. New roof installed in October 2025 with required permits. Any other remodeling or conversions to the property including the front fence were completed without the required permits. The front fence has a Notice of Violation, the maximum number of citations have been issued for this compliance case and no additional notices or citations will be issued to the new owner. However the Notice of Violation will remain active until the appropriate fence permit is obtained and finalized with the City. The new owner may alternatively apply for an abatement permit to have the fence removed. Assessors page reflects 3 beds 2 baths.

1000 Keystone Ave, Reno

$475,000

6 Beds ⋅ 2 Baths ⋅ 260010158 MLS

Rare investment opportunity directly across from the University of Nevada, Reno! Properties on this street rarely come to market, making this an exceptional opportunity for investors, house hackers, or parents looking to purchase for a UNR student. This spacious home offers approximately 2,146 square feet with 6 bedrooms and 2 bathrooms, featuring a functional layout with 3 bedrooms and 1 bathroom upstairs and 3 bedrooms and 1 bathroom downstairs. The shared kitchen, living room, and bathrooms create a layout well-suited for room-by-room rentals or student housing. Five of the six bedrooms are currently tenant occupied, providing immediate income potential, while one vacant room offers flexibility for an owner-occupant or the opportunity to lease at current market rates. The property also includes six dedicated off-street parking spaces, a valuable feature in this highly desirable university location. Conveniently located just steps from UNR, Mackay Stadium, downtown Reno, restaurants, shopping, and freeway access, this property is positioned in one of Northern Nevada's strongest rental markets. The home offers tremendous upside for the next owner. Whether you're looking to expand your investment portfolio, create additional cash flow, or build long-term equity through improvements, this property presents a rare value-add opportunity. TLC is needed, and the property is being sold as-is. Buyer to verify all information, including square footage, zoning, rental arrangements, and any intended use of the property.

1130 Evans Ave, Reno

$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

$725,000

4 Beds ⋅ 3 Baths ⋅ 260003996 MLS

7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.

99 Bartlett St, Reno

$740,000

8 Beds ⋅ 4 Baths ⋅ 260001005 MLS

Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.

650 Denslowe Dr, Reno

$800,000

260000559 MLS

4-Bay Car Wash for Sale Located at 2125 Sutro St, Reno, NV 89512, this well-maintained car wash features four coin-operated wash bays priced at 3.00 per wash and 1.50 vacuums. The pitched roof was replaced 10 years ago, and the flat roof section has been properly maintained and silver coated. Land is included in the sale. Situated in a high-traffic, prime location, this property offers excellent visibility and steady demand. A must-see investment opportunity.

2125 Sutro St, Reno

$1,050,000

7 Beds ⋅ 4 Baths ⋅ 250000365 MLS

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

462 Laurel St, Reno

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
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