Evans Northeast Addition Real Estate

Welcome to Evans Northeast Addition, a hidden gem nestled in the vibrant city of Reno, Nevada! This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Evans Northeast Addition boasts a rich community spirit, characterized by friendly neighbors and a welcoming atmosphere. The subdivision is thoughtfully designed with tree-lined streets, well-maintained parks, and green spaces that encourage outdoor activities and foster a sense of belonging. Residents can enjoy leisurely strolls, picnics, and playtime at the nearby parks, all while soaking in the stunning views of the surrounding mountains.

Situated just minutes from downtown Reno, Evans Northeast Addition provides easy access to a plethora of dining, shopping, and entertainment options. Whether you’re in the mood for a gourmet meal, a casual coffee shop visit, or exploring local boutiques, everything you need is just a short drive away. The area is also close to major highways, making commuting a breeze for those who work in the city or beyond.

Families will appreciate the highly-rated schools in the vicinity, ensuring that children receive a quality education. Additionally, the community is surrounded by recreational opportunities, including hiking trails, biking paths, and nearby lakes, perfect for outdoor enthusiasts.

With its inviting atmosphere and prime location, Evans Northeast Addition is more than just a place to live; it’s a place to thrive. Discover your dream home in this delightful subdivision and experience the best that Reno has to offer!

Newest Listings in Evans Northeast Addition

$695,000

4 Beds ⋅ 4 Baths ⋅ 260012257 MLS

Excellent investment opportunity in the heart of Reno! Built in 2020, this newer duplex offers modern construction and a highly convenient central location near the University of Nevada, Reno, Downtown, and Midtown. Each residence features a functional two-story layout. Upon entering, you are welcomed by the kitchen and dining area, a convenient half bathroom, and stairs leading to the upper level. Upstairs features two bedrooms, including a versatile second bedroom that can easily be transformed into a living room or additional lounge space. A loft area provides even more usable space and includes laundry and a wine refrigerator. The upper level also features a full bathroom, while the primary bedroom opens to a private balcony overlooking the surrounding Reno area. With newer construction, flexible living spaces, private outdoor space, and close proximity to UNR, Downtown and Midtown, this property presents an excellent opportunity for investors, owner-occupants, or those looking for a centrally located multi-residence property in Reno.

442 E 7th St Unit 1, Reno

$425,000

3 Beds ⋅ 1 Baths ⋅ 260006390 MLS

Turnkey income property just steps from the University of Nevada and minutes from Downtown Reno — this fully furnished home is an established, top-rated short-term rental with a 9.2/10 guest rating across 21 reviews. Move-in ready with a functional layout, abundant storage, and multiple walk-in closets, it suits owner-occupants, long-term tenants, or continued STR use equally well. Easy access to I-80, Midtown, restaurants, entertainment, and campus amenities makes this a great opportunity in the heart of Reno — a rare chance to acquire a proven, guest-loved rental in one of the city's most walkable locations.

411 E 7th St, Reno

$375,000

3 Beds ⋅ 2 Baths ⋅ 250056343 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (only being sold together. See MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

344 E 7th St, Reno

$375,000

6 Beds ⋅ 2 Baths ⋅ 250056342 MLS

Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (Only being sold together. See also, MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

336 E 7th St, Reno

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed