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.
Property Details
Price:
$1,325,000
MLS #:
260010463
Status:
Active
Beds:
9
Baths:
7
Type:
Multi Family
Subtype:
Duplex
Subdivision:
University Terrace
Listed Date:
Aug 13, 2026
Total Sq Ft:
3,510
Lot Size:
12,000 sqft / 0.28 acres (approx)
Year Built:
1910
Units:
2
See this Listing
Schools
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
Reno
Interior
Appliances
Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Flooring
Luxury Vinyl
Laundry Features
In Unit, Varies By Unit
Levels
Two
Exterior
Association Amenities
Barbecue
Construction Materials
Stone, Stucco, Wood Siding
Exterior Features
Balcony
Fencing
Partial
Lot Features
Corner Lot, Landscaped
Other Structures
None
Parking Features
Common
Parking Spots
9
Parking Total
9
Roof
Asphalt, Flat
Security Features
Smoke Detector(s)
Spa Features
None
Stories
2
Window Features
Blinds, Double Pane Windows, Vinyl Frames
Financial
Taxes
$3,658
Map
Community
- Address1104 Ralston Street 1-4 Reno NV
- SubdivisionUniversity Terrace
- CityReno
- CountyWashoe
- Zip Code89503
Market Summary
Current real estate data for Multi Family in Reno as of Aug 14, 2026
18
Multi Family Listed
104
Avg DOM
$970,983
Avg List Price
Property Summary
- Located in the University Terrace subdivision, 1104 Ralston Street 1-4 Reno NV is a Multi Family for sale in Reno, NV, 89503. It is listed for $1,325,000
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Courtesy of RE/MAX Gold. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Northern Nevada Regional MLS. All rights reserved. 1104 Ralston Street 1-4
Reno, NV