CONTACT LISTING AGENT FOR AVAILABLE SHOWING TIME. This triplex presents an excellent investment opportunity just a couple of blocks from University of Nevada, Reno. With three distinct units designed for comfort and functionality, the property offers flexible living options for tenants or multi-generational use. A new 30-year roof was installed in 2024, along with new exterior paint and new fencing on the west side yard, adding to the property’s overall value and appeal. Unit C is a cozy 2-bedroom, 1-bath unit featuring a mix of modern laminate flooring and plush carpet, with a spacious layout ideal for roommates or small households. Unit A is a large 1-bedroom, 1-bath unit with new laminate flooring in the main living area, carpet in the bedroom, an updated kitchen, and added ingress and egress for improved functionality. Unit B is a spacious studio with a full kitchen and bathroom, offering enough room for both living and sleeping areas. A new heat pump provides efficient year-round heating and cooling. Each unit is thoughtfully designed to accommodate a variety of living needs, making this property a strong investment opportunity in a highly desirable location.
Property Details
Price:
$689,000
MLS #:
260002060
Status:
Active
Beds:
0
Baths:
1
Type:
Multi Family
Subtype:
Triplex
Subdivision:
University Terrace
Listed Date:
Feb 25, 2026
Total Sq Ft:
2,241
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1948
Units:
3
See this Listing
Schools
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
McQueen
Interior
Appliances
Oven, Disposal, Dryer, Refrigerator, Washer
Cooling
Central Air, Heat Pump, Refrigerated, Varies By Unit
Fireplaces Total
1
Flooring
Carpet, Luxury Vinyl
Heating
Forced Air, Heat Pump, Natural Gas
Laundry Features
Varies By Unit
Exterior
Construction Materials
Stucco
Exterior Features
Awning(s), Rain Gutters
Other Structures
Shed(s)
Parking Features
Carport, Common, Parking Pad, None
Parking Spots
3
Roof
Composition, Pitched, Shingle
Security Features
Carbon Monoxide Detector(s), Fire Escape, Smoke Detector(s)
Financial
Taxes
$1,822
Map
Community
- Address1111 Strand Place Reno NV
- SubdivisionUniversity Terrace
- CityReno
- CountyWashoe
- Zip Code89503
Market Summary
Current real estate data for Multi Family in Reno as of Mar 03, 2026
18
Multi Family Listed
125
Avg DOM
$967,928
Avg List Price
Property Summary
- Located in the University Terrace subdivision, 1111 Strand Place Reno NV is a Multi Family for sale in Reno, NV, 89503. It is listed for $689,000
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Courtesy of Dickson Realty – Damonte Ranch. 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. 1111 Strand Place
Reno, NV














































