Located just minutes from the University, this charming duplex offers both character and potential. The front unit is a 2-bedroom, 1-bathroom home built in 1948, featuring original hardwood floors. The kitchen and bathroom were updated in 2006, including new plumbing. Furnace and water heater were replaced in 2003. Currently tenant-occupied on a lease through December (with possible early move-out), it offers immediate rental income.
The second unit, built in 2021, is a 1-bedroom + loft, 1-bathroom home with vaulted ceilings and modern finishes. It’s currently vacant and ready for a new occupant or additional rental income. A separate storage structure at the back of the property offers added utility.
Whether you’re a seasoned investor, a first-time buyer, or someone looking for multi-unit potential in a desirable location, this property offers versatility, value-add upside, and strong rental appeal.
The second unit, built in 2021, is a 1-bedroom + loft, 1-bathroom home with vaulted ceilings and modern finishes. It’s currently vacant and ready for a new occupant or additional rental income. A separate storage structure at the back of the property offers added utility.
Whether you’re a seasoned investor, a first-time buyer, or someone looking for multi-unit potential in a desirable location, this property offers versatility, value-add upside, and strong rental appeal.
Property Details
Price:
$695,000
MLS #:
250051722
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
University Terrace
Listed Date:
Jun 18, 2025
Total Sq Ft:
1,422
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1948
Units:
2
See this Listing
Schools
Elementary School:
Peavine
Middle School:
Billinghurst
High School:
Reno
Interior
Appliances
Dishwasher, Dryer, Washer
Flooring
Carpet, Concrete
Heating
Forced Air
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
Shed(s)
Parking Features
Varies by Unit
Parking Spots
2
Roof
Composition, Shingle
Security Features
Smoke Detector(s)
Financial
Taxes
$2,296
Map
Community
- Address1356 Ridgeway Court Reno NV
- SubdivisionUniversity Terrace
- CityReno
- CountyWashoe
- Zip Code89503
LIGHTBOX-IMAGES
NOTIFY-MSG
Market Summary
Current real estate data for Multi Family in Reno as of Aug 11, 2025
41
Multi Family Listed
94
Avg DOM
392
Avg $ / SqFt
$913,171
Avg List Price
Property Summary
- Located in the University Terrace subdivision, 1356 Ridgeway Court Reno NV is a Multi Family for sale in Reno, NV, 89503. It is listed for $695,000
LIGHTBOX-IMAGES
NOTIFY-MSG
Similar Listings Nearby
Courtesy of Marmot Properties, LLC. 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 2025. Northern Nevada Regional MLS. All rights reserved. 1356 Ridgeway Court
Reno, NV
LIGHTBOX-IMAGES
NOTIFY-MSG