Evans Northeast Addition Real Estate

Welcome to Evans Northeast Addition, a charming subdivision nestled in the heart of Reno, Nevada. Known for its inviting atmosphere and vibrant community spirit, this neighborhood is a hidden gem that perfectly blends the tranquility of suburban living with the excitement of city life.

Evans Northeast Addition boasts a diverse array of homes, offering something for everyone—from cozy single-family residences to modern townhomes. With well-maintained streets and lush green spaces, this subdivision is ideal for families, retirees, and young professionals alike. Residents enjoy the convenience of nearby amenities, including shopping centers, dining options, and recreational facilities, all just a short drive away.

One of the standout features of Evans Northeast Addition is its close-knit community. Neighbors often come together for local events and gatherings, fostering a sense of belonging and camaraderie. The area is also home to several parks and playgrounds, providing ample opportunities for outdoor activities, picnics, and leisurely strolls with family and friends.

For those who appreciate nature, Evans Northeast Addition is conveniently located near the breathtaking Sierra Nevada mountains, offering endless opportunities for hiking, skiing, and exploring the great outdoors. Whether you’re an avid adventurer or simply enjoy the beauty of nature, this neighborhood serves as the perfect starting point.

With its prime location, friendly community, and beautiful homes, Evans Northeast Addition is more than just a place to live—it's a place to thrive. Discover the charm of this delightful subdivision and make it your new home in Reno!

Newest Listings in Evans Northeast Addition

$425,000

3 Beds ⋅ 1 Baths ⋅ 260006390 MLS

Turnkey income property just steps from the University of Nevada and minutes from Downtown Reno — this fully furnished home is an established, top-rated short-term rental with a 9.2/10 guest rating across 21 reviews. Move-in ready with a functional layout, abundant storage, and multiple walk-in closets, it suits owner-occupants, long-term tenants, or continued STR use equally well. Easy access to I-80, Midtown, restaurants, entertainment, and campus amenities makes this a great opportunity in the heart of Reno — a rare chance to acquire a proven, guest-loved rental in one of the city's most walkable locations.

411 E 7th St, Reno

$375,000

3 Beds ⋅ 2 Baths ⋅ 250056343 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (only being sold together. See MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

344 E 7th St, Reno

$375,000

6 Beds ⋅ 2 Baths ⋅ 250056342 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (Only being sold together. See also, MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

336 E 7th St, Reno

$360,000

3 Beds ⋅ 2 Baths ⋅ 250055873 MLS

Investor special in an Opportunity Zone! Zoned MD-ID with potential for rezoning and ability to split into a duplex. Buyers and buyer's agent to verify all information. Property offers excellent upside with multiple strategies—rehab and hold, redevelop, or reposition for cash flow. Prime central location near downtown, schools, and amenities. Needs some TLC but has great bones and flexibility for an investor or developer. Don't miss this chance to secure a property with strong future potential in a growth area! Great location for University of Reno Rental.

440 E 7th St, Reno

$687,000

4 Beds ⋅ 4 Baths ⋅ 250055789 MLS

Modern and immaculate duplex built in 2020 with strong rental history and a high cap rate. Both units are mostly furnished and leased, offering stable, long-term income. Tenants have expressed intent to stay, creating a seamless transition for investors. Each unit features private balconies, solar panels, and private carport parking with garage door openers. Prime location near UNR and downtown amenities makes this property ideal for long-term rental or future Airbnb potential. Located just minutes from the university, downtown, shopping, dining, and parks — this is one of the most sought-after areas for both long-term tenants and short-term rental potential. Walkable, bike-friendly, and close to key commuter routes. Whether you're looking for a plug-and-play investment or long-term portfolio growth, this rare, turn-key duplex offers both flexibility and prime location appeal.

442 E 7th St Unit 1 & 2, 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