University Terrace Real Estate

Welcome to University Terrace, a vibrant and inviting subdivision nestled in the heart of Reno, Nevada. This charming community is perfectly situated within Washoe County, offering residents a unique blend of suburban tranquility and easy access to the bustling city life.

University Terrace is renowned for its family-friendly atmosphere, making it an ideal choice for young families, professionals, and retirees alike. The subdivision features a variety of well-maintained homes, ranging from cozy single-family residences to modern townhouses, ensuring that there’s something for everyone. The tree-lined streets and beautifully landscaped yards create a picturesque setting that residents are proud to call home.

One of the standout features of University Terrace is its proximity to the University of Nevada, Reno. This makes it an attractive option for students and faculty members who appreciate the convenience of living just minutes away from campus. Additionally, the area is surrounded by a wealth of recreational opportunities, including parks, hiking trails, and scenic views of the Sierra Nevada mountains, perfect for outdoor enthusiasts.

Local amenities abound, with shopping centers, restaurants, and entertainment options just a short drive away. The community fosters a sense of belonging, with neighborhood events and gatherings that allow residents to connect and build lasting friendships.

Whether you’re looking for a place to settle down or an investment opportunity in a thriving area, University Terrace offers a charming lifestyle that combines comfort, convenience, and community spirit. Come explore the possibilities and discover why so many choose to call University Terrace home!

Newest Listings in University Terrace

$970,000

9 Beds ⋅ 6 Baths ⋅ 260012416 MLS

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 upon receipt of accepted offer. Do not bother tenants.

1369 Faland Way, Reno

$599,000

4 Beds ⋅ 2 Baths ⋅ 260011835 MLS

Brick home 2 blocks away from UNR with excellent off street parking. This is your opportunity to own the quintessential college rental property. The upper level has 2 bedrooms with original hardwood floors, cozy living room with wood burning fireplace, and a shared bath. The lower level has separate outside access with lock-off, kitchenette, laundry area, den, and two more bedrooms with shared bath. The fully fenced yard is ideal for dog ownership and BBQs with family and friends. There is an unusual amount of off-street parking, and additional parking in the rear courtyard. Only 45 minutes from the natural splendor of Lake Tahoe. Nevada residents enjoy zero state income tax.

1144 Buena Vista Ave, Reno

$1,325,000

9 Beds ⋅ 7 Baths ⋅ 260010463 MLS

University Cottage at Ralston consists of one existing duplex and room to add additional units on the lot. The property sits on a large 0.275 acre lot with MF-14 zoning within the University rental submarket. There are a total of 9 bedrooms and 5.5 bathrooms. The property has been fully remodeled with tons of capex expenditures completed. This asset has newer tankless water heaters, multiple mini splits, recent exterior paint, newer roof, new electrical, new plumbing, and beautiful curb appeal. The interiors feature LVP and wood look tile flooring, wood beams, upgraded wall texture, full tile bathroom showers, modern wood look cabinets, and quartz countertops with stainless steel appliances. Tenants enjoy on-site parking on a larger private corner lot, in-unit laundry, walk around porch, and modern finishes with a classic feel throughout. It is also a short distance to the University of Nevada Reno making it a perfect student housing investment opportunity.

1104 Ralston St, Reno

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The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
LVR MLS deems information reliable but not guaranteed.
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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