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
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 31, 2025
37
Multi Family Listed
105
Avg DOM
$927,889
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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Similar Listings Nearby
Courtesy of LPT Realty, 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. 400 Minerva Lane
Reno, NV
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