Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a mile from UNR, 2 miles from Renown Medical Center, and directly across I-80 from downtown., This property is positioned in an ideal demographic area for this type of development. Parcels 007-201-22 and 007-201-23 being sold together.
Property Details
Price:
$899,000
MLS #:
250003415
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Ward`S Addition
Listed Date:
Mar 19, 2025
Finished Sq Ft:
2,939
Total Sq Ft:
2,939
Lot Size:
19,166 sqft / 0.44 acres (approx)
Year Built:
1949
Units:
3
See this Listing
Schools
Middle School:
Clayton
High School:
Reno
Interior
Appliances
Oven, Gas Range
Flooring
Varies
Heating
Natural Gas
Laundry Features
In Unit
Exterior
Construction Materials
Frame, Wood Siding
Parking Features
Carport
Parking Spots
2
Roof
Composition, Pitched, Shingle
Security Features
Fire Alarm, Smoke Detector(s)
Financial
Taxes
$1,802
Map
Community
- Address400 Minerva Lane Reno NV
- SubdivisionWard`S Addition
- CityReno
- CountyWashoe
- Zip Code89503
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Market Summary
Current real estate data for Multi Family in Reno as of Aug 04, 2025
39
Multi Family Listed
92
Avg DOM
392
Avg $ / SqFt
$905,513
Avg List Price
Property Summary
- Located in the Ward`S Addition subdivision, 400 Minerva Lane Reno NV is a Multi Family for sale in Reno, NV, 89503. It is listed for $899,000
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