University Terrace Real Estate

Welcome to University Terrace, a vibrant and inviting subdivision nestled in the heart of Reno, Nevada. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

University Terrace is strategically located near the University of Nevada, Reno, providing residents with easy access to educational opportunities, cultural events, and a lively campus atmosphere. The proximity to the university not only enhances the neighborhood’s appeal but also fosters a strong sense of community. Enjoy weekend strolls through the nearby parks or take advantage of the various recreational activities available, from hiking in the beautiful Sierra Nevada mountains to exploring the scenic Truckee River.

The homes in University Terrace are characterized by their diverse architectural styles, ranging from cozy single-family homes to modern townhouses, ensuring there’s something for everyone. Many properties offer stunning views of the surrounding mountains and easy maintenance yards, perfect for those who value both aesthetics and convenience.

Residents of University Terrace benefit from a tight-knit community feel, with local events and gatherings that encourage neighborly connections. Additionally, the area boasts excellent schools, shopping centers, and dining options, making it easy to enjoy the best that Reno has to offer.

If you’re searching for a place that combines comfort, community, and access to the vibrant lifestyle of Reno, University Terrace could be your perfect match. Discover your dream home in this delightful subdivision and experience all the charm and convenience it has to offer!

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