Rare opportunity in central Reno! 1369 Faland Way comes with an approved Special Use Permit for boarding/rooming house use with up to 15 beds, and the City of Reno has confirmed the permit runs with the property, not the owner. This spacious home offers 9 bedrooms and 6 bathrooms, giving you plenty of room and flexibility for a wide range of uses. At the heart of the home is a very large kitchen built to handle a full house, plus two additional kitchenettes that add convenience and help spread out daily use. A separate office/flex space works well as a management office, study area, or extra common room. Parking includes 4 drive spaces, plus ample street partking, a real plus for a property of this size. Conveniently located near hospitals, bus lines, UNR, downtown, and restaurants. Opportunities like this with an existing Special Use Permit in place are hard to find. Buyer to verify all zoning, permit terms, and intended use with the City of Reno. Showings available by appointment. Do not bother tenants. Please call listing agent.
Property Details
Price:
$970,000
MLS #:
260012416
Status:
Active
Beds:
9
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
University Terrace
Listed Date:
Sep 26, 2026
Finished Sq Ft:
4,111
Total Sq Ft:
4,111
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1941
See this Listing
Schools
Elementary School:
Peavine
Middle School:
Clayton
High School:
Reno
Interior
Appliances
Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Carpet, Tile, Vinyl
Heating
Forced Air, Natural Gas
Interior Features
Ceiling Fan(s), High Ceilings, Kitchen Island
Laundry Features
In Hall
Levels
Two
Exterior
Common Walls
No Common Walls
Exterior Features
Balcony
Fencing
None
Lot Features
Level
Other Structures
None
Parking Features
Additional Parking
Parking Spots
4
Parking Total
4
Patio And Porch Features
Uncovered, Deck
Roof
Composition, Pitched
Security Features
Keyless Entry, Smoke Detector(s)
Spa Features
None
Stories
2
Window Features
Blinds, Double Pane Windows, Vinyl Frames
Financial
Taxes
$4
Map
Community
- Address1369 Faland Way Reno NV
- SubdivisionUniversity Terrace
- CityReno
- CountyWashoe
- Zip Code89503
Market Summary
Current real estate data for Single Family in Reno as of Sep 29, 2026
596
Single Family Listed
77
Avg DOM
416
Avg $ / SqFt
$1,186,189
Avg List Price
Property Summary
- Located in the University Terrace subdivision, 1369 Faland Way Reno NV is a Single Family for sale in Reno, NV, 89503. It is listed for $970,000 and features 9 beds, 6 baths, and has approximately 4,111 square feet of living space, and was originally constructed in 1941. The current price per square foot is $236. The average price per square foot for Single Family listings in Reno is $416. The average listing price for Single Family in Reno is $1,186,189.
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Courtesy of Sierra Sotheby’s International. 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. 1369 Faland Way
Reno, NV