University of Nevada Homes under $1.25 million

Welcome to the charming University of Nevada subdivision, nestled in the heart of Reno, NV, within the picturesque Washoe County. This vibrant community offers an ideal blend of academic energy and suburban tranquility, making it a perfect place for families, professionals, and students alike. With the University of Nevada, Reno just a stone's throw away, residents enjoy an enriching environment filled with cultural events, educational opportunities, and an active lifestyle.

The University of Nevada subdivision is characterized by its inviting neighborhoods and well-maintained homes, where you can find properties under $1.25 million. Whether you’re a first-time homebuyer or looking to invest, this area presents a diverse selection of homes that cater to various tastes and preferences. From modern single-family residences to charming vintage houses, there’s something for everyone in this thriving community.

As you explore the University of Nevada subdivision, you’ll appreciate the convenience of nearby amenities, including parks, shopping centers, and dining options that cater to all palates. The area is also well-connected to public transportation, making commuting a breeze.

Moreover, the stunning natural beauty of Reno is at your doorstep, with scenic views of the Sierra Nevada mountains and ample outdoor recreational activities, including hiking, biking, and skiing.

In the University of Nevada subdivision, you’re not just buying a home; you’re investing in a lifestyle that values education, community, and the great outdoors. Discover your dream home today in this vibrant and welcoming neighborhood!

Newest University of Nevada Homes under $1.25 million

$410,000

4 Beds ⋅ 2 Baths ⋅ 260013192 MLS

Charming single-story home with 4 bedrooms and strong location appeal near the University. This ranch-style home offers flexible living space on a generous lot in the established East University area. With 4 bedrooms and 2 bathrooms, it provides solid potential for a family, roommates, or an investor looking to update and capitalize on the neighborhood's consistent rental demand from UNR students, faculty, and nearby workers.

500 Winston Dr, Reno

$279,000

2 Beds ⋅ 1 Baths ⋅ 260013034 MLS

1948 single-family home offering two bedrooms, one full bath and an attached garage. The kitchen includes dark cabinetry, dark countertops, wood-look flooring, a stainless-look dishwasher and a black refrigerator. Brick and painted siding add exterior character, while concrete walkways connect the side and rear areas. Cosmetic renovation and finish work remain, including unfinished interior areas and worn flooring.

56 S Maddux Dr, Reno

$970,000

9 Beds ⋅ 6 Baths ⋅ 260012416 MLS

Rare opportunity in central Reno! 1369 Faland Way comes with an approved Special Use Permit for boarding/rooming house use with up to 15 beds, and the City of Reno has confirmed the permit runs with the property, not the owner. This spacious home offers 9 bedrooms and 6 bathrooms, giving you plenty of room and flexibility for a wide range of uses. At the heart of the home is a very large kitchen built to handle a full house, plus two additional kitchenettes that add convenience and help spread out daily use. A separate office/flex space works well as a management office, study area, or extra common room. Parking includes 4 drive spaces, plus ample street partking, a real plus for a property of this size. Conveniently located near hospitals, bus lines, UNR, downtown, and restaurants. Opportunities like this with an existing Special Use Permit in place are hard to find. Buyer to verify all zoning, permit terms, and intended use with the City of Reno. Showings available by appointment. Do not bother tenants. Please call listing agent.

1369 Faland Way, Reno

$369,000

2 Beds ⋅ 1 Baths ⋅ 260012384 MLS

Vacant and ready to move in home; within walking distance to the University of Nevada. Home has been upgraded to include triple pane windows, newer electrical switches, new laminate flooring, stainless steel appliances, slider patio door, new front door, interior paint, and a bay window in the breakfast nook area. The garage was converted into the kitchen area which expanded the interior living area of the home. The actual square footage of the home is 900 plus square feet. Additionally the large tuff shed is included for additional storage space. Mature trees provide lots of shade for the hot summer days.

45 Sutton Way, Reno

$495,000

2 Beds ⋅ 1 Baths ⋅ 260012212 MLS

Charming brick bungalow with a fantastic location near the University! New interior paint and newly refinished classic hard wood floors, and an additional 272 sq. ft. unfinished basement for added storage/utility. Positioned on a well sized lot, plenty of parking, and a detached 1-car garage. Great backyard space for entertaining.. Roof replaced 2022. Furnace replaced 2015.

1138 Codel Way, Reno

$340,000

2 Beds ⋅ 2 Baths ⋅ 260012209 MLS

This 2-bedroom, 2-bathroom home offers nearly 1,300 sq ft of comfortable living space, with vaulted ceilings throughout and an open-concept kitchen that make it feel even bigger. Large walk-in closets in both bedrooms add rare extra storage, and a newly installed HVAC system means you're covered on comfort and efficiency from day one. This home is a great fit for a small family, first-time buyer, or UNR student — the university is just around the corner, and you're on a major bus line with easy access to schools and shopping. The gated community amenities take it even further: basketball courts, a pool, a playground for the little ones, and a party hall you can rent out for special events all included in your HOA dues. Come see everything this home and community have to offer!

2151 Barberry Way, Reno

$580,000

4 Beds ⋅ 2 Baths ⋅ 260011835 MLS

Brick home 2 blocks away from UNR with excellent off street parking. This is your opportunity to own the quintessential college rental property. The upper level has 2 bedrooms with original hardwood floors, cozy living room with wood burning fireplace, and a shared bath. The lower level has separate outside access with lock-off, kitchenette, laundry area, den, and two more bedrooms with shared bath. The fully fenced yard is ideal for dog ownership and BBQs with family and friends. There is an unusual amount of off-street parking, and additional parking in the rear courtyard. Only 45 minutes from the natural splendor of Lake Tahoe. Nevada residents enjoy zero state income tax.

1144 Buena Vista Ave, Reno

$450,000

2 Beds ⋅ 1 Baths ⋅ 260011693 MLS

Charming 1942 Brick Bungalow with a front porch to relax on. Kitchen and bathroom are newly remodeled reflecting todays style. This large corner lot has great access from the side to the yard with a double gate. Room for a RV or boat etc... There is a single 264sf detached garage. Large yard is fully fenced as is the front with a wrought iron fence and gate. Safety for little ones or your favorite pet. Full unfinished basement houses the washer and dryer. Lots of room for a workshop and storage. Location of this home is ideal. Close to UNR, downtown, airport and shopping.

960 Ralston St, Reno

$469,000

3 Beds ⋅ 1 Baths ⋅ 260011412 MLS

Welcome home to this charming single-story Reno property offering 3 bedrooms, 1 bathroom, and 1,160 square feet of living space on a generous 0.19-acre lot. Built in 1947, this home offers character and a comfortable layout with plenty of opportunity to make it your own. Enjoy cozy evenings by the fireplace and take advantage of the spacious backyard and covered patio—perfect for outdoor entertaining, relaxing, gardening, or simply enjoying the extra space. A convenient one-car garage provides parking and additional storage. The location is a standout, with easy access to the University of Nevada, Reno, downtown Reno, shopping, Reno-Tahoe International Airport, and Interstate 80. Whether you're a first-time homebuyer, an investor, or looking to downsize, this property offers an excellent opportunity in a convenient Reno location. Come see the possibilities and envision your next chapter here! Please read private remarks.

1075 University Ter, Reno

$279,000

3 Beds ⋅ 2 Baths ⋅ 260010821 MLS

Entering the home, you step into a separate living room, with the dining nook leading directly into the galley style kitchen. A laundry area with cabinetry is located in the hallway near the kitchen for everyday convenience. The primary bedroom is positioned on the left wing of the home and includes an ensuite bath, while two additional bedrooms and a hall bath are located on the right wing. Exterior features include a covered two car carport, two backyard sheds, a concrete patio, and a small deck with wood benches. Both the front and rear entries have ramps, offering accessible access points. The property is part of the Sierra Gardens community, with nearby conveniences and easy access to major roadways.

2710 Larkspur St, Reno

$680,000

8 Beds ⋅ 4 Baths ⋅ 260010634 MLS

4-Plex. New roof! Fully occupied. Please do not disturb tenants. Tours of units will be available once an offer is accepted. (Buyer can make offer contingent on viewing units.) Rent roll and expense report available upon request.

675 Denslowe Dr, Reno

$369,999

3 Beds ⋅ 1 Baths ⋅ 260005885 MLS

Charming and move-in ready! This home offers stylish laminate flooring, a warm and inviting fireplace, and an updated kitchen with modern cabinetry and beautiful backsplash finishes. The oversized backyard includes a large concrete patio area, recently installed grass, newer fencing, and a spacious storage shed perfect for extra storage or hobbies. Ideally situated close to downtown Reno, UNR, the Reno Livestock Center, shopping, dining, and quick freeway access.

880 Southworth Dr, 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

University of Nevada Homes under $1.25 million

Newest University of Nevada Homes under $1.25 million

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