$689,000
UNDER CONTRACT

1111 Strand Place Reno, NV 89503

West University Neighborhood

Estimated payment $3,808/month

Total Views 2,477
3 Beds
1 Bath
2,241 Sq Ft
$307 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Double Pane Windows
  • Accessibility Features
  • Reno High School Rated A-
  • Mini Split Air Conditioners
  • Shed

About This Home

CONTACT LISTING AGENT FOR AVAILABLE SHOWING TIME. PLEASE DO NOT DISTURB TENANTS. 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.

Listing Agent

Lauren Addi

Dickson Realty - Damonte Ranch License #S.198603 Listed on: 02/25/2026

Dickson Realty - Damonte Ranch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1948

Lot Details

  • 6,500 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,241 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Awning
  • Blinds
  • Aluminum Window Frames

Kitchen

  • Oven
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad
  • 1 Parking Space Included
  • Common or Shared Parking

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Mcqueen High School

Utilities

  • Mini Split Air Conditioners
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Mini Split Heat Pump
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-112-11

Community Details

Overview

  • 3 Units
  • Reno Community
  • University Terrace Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,822

Year Built

Built in 1948

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.15
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Carbon Monoxide Detector(s), Fire Escape, Smoke Detector(s)
  • Co List Office Mls Id: 824-o
  • Co List Office Phone: 775-850-7000
  • Subdivision Name: University Terrace
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Tax Legal Zoning4: MF14
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Elmcrest
  • Tax Legal High School2: McQueen
  • Lot Lot Size Acres4: 0.15
  • Lot Lot Size Square Feet4: 6500.0
  • Pet Information Pets Allowed Y N: No
  • Appliances Oven: Yes
  • Tax Legal Tax Annual Amount3: 1822.38
  • Fireplace Features Wood Burning: Yes
  • Cooling Heat Pump: Yes
  • Lot Spa Y N4: No
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 3.0
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Clayton
  • Security Features Fire Escape: Yes
  • Other Structures Shed(s): Yes
  • Building Accessibility Features Y N5: Yes
  • Tax Legal Community Name5: Reno
  • Levels Two: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Outdoor Living Spaces Features Covered Patio: Yes
  • Meter Information Number Of Separate Electric Meters: 3
  • Meter Information Number Of Separate Gas Meters: 3
  • Unit Details Number Of Units Leased: 3
  • Cooling Mini Split(s): Yes
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: UnderContract
  • Stories: 2

Interior Features

  • Appliances: Oven, Disposal, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Luxury Vinyl
  • Number Of Buildings: 1
  • Owner Pays: None
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Aluminum Frames, Blinds, Double Pane Windows
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Interior Fireplace Y N3: Yes
  • Interior Building Area Total3: 2241.0
  • Interior Fireplaces Total4: 1.0
  • Window Features Aluminum Frames: Yes
  • Flooring Luxury Vinyl: Yes
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished
  • Unit3 Furnished7: Unfurnished

Exterior Features

  • Exterior Features: Awning(s), Rain Gutters
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Awning(s): Yes
  • Exterior Features Rain Gutters: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport, Common, Parking Pad, None
  • Total Parking Spaces: 3.0
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 3.0
  • Parking Features Common: Yes
  • Parking Features Parking Pad: Yes
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 1.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 1.0
  • Unit3 Garage Attached Y N3: No
  • Unit3 Parking Capacity Per Unit3: 1.0

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Cooling: Central Air, Heat Pump, Refrigerated, Varies By Unit
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Heating Heat Pump2: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Internet Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Heating Mini Split(s)2: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 007-112-11
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 6500.0
  • Zoning: MF14

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas, Electricity

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1822.38

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: McQueen

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,364 $89,293 $61,180 $28,113
2025 $1,689 $87,217 $59,220 $27,997
2024 $1,689 $83,304 $57,838 $25,467
2023 $1,496 $80,156 $56,700 $23,456
2022 $1,386 $68,186 $49,000 $19,186
2021 $1,282 $58,798 $40,075 $18,723
2020 $1,205 $56,951 $38,500 $18,451
2019 $1,147 $52,809 $35,350 $17,459
2018 $1,094 $39,865 $23,100 $16,765
2017 $1,050 $37,410 $20,948 $16,462
2016 $1,026 $33,948 $17,640 $16,308
2015 $1,026 $30,894 $14,700 $16,194
2014 $996 $26,952 $11,550 $15,402
2013 -- $26,189 $11,550 $14,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 For Sale $689,000 -- $307 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 260002060

Northern Nevada Regional MLS

APN: 007-112-11

Nevada Washoe County Reno 89503 West University

1111 Strand Place, Reno, NV

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Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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Lauren Addi
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Dickson Realty - Damonte Ranch
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