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Street View
$650,000
Monthly Est:$3,235
4 Beds
- 3 Baths
2,040sqft
1301 Faland Way #1, 2, 3, Reno, NV 89503
$650,000
$3,235/moEst:
Get Pre-Approved
Triplex
Built in 1941
$-- HOA
0.09 acre lot
$319/sq.ft
Description
LOCATION LOCATION LOCATION! This 3-unit multifamily property is gleaming with potential. Ideally located within walking distance of the University of Nevada, Reno and Downtown Reno, making it highly attractive to students, professionals, and renters alike. Each unit features its own private entrance, providing added privacy and appeal. The charming detached 1-bedroom, 1-bath "cottage" offers a generous side yard complete with raised garden beds and lots of space to play. The upstairs unit is a move-in-ready 2-bedroom, 1-bath with plenty of natural light and comfortable living space. The downstairs unit is a spacious 1-bedroom, 1-bath featuring an oversized bedroom and is ...
Continue Reading- Houzeo last checked: 1 hour ago
- Listing updated: August 24, 2026 at 11:36 pm
- Listing Provided by: Nicholas Abe (775) 233-7356 DRE #S.174613, Kane and Partners Real Estate | RE/MAX Professionals-Reno (775) 345-3070
- Source: Northern Nevada Regional MLS-NV | MLS#: 260007966

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1941
HOA Fees
-
Finished Area
2,040 sqft
Lot Size
0.09 acre lot
Basement Area
- sqft
MLS Name
Northern Nevada Regional MLS
MLS Number
260007966
MLS Status
Active
Days on Market
95
Cumulative Days on Market
65

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Exterior Features
None
Sewer
Public Sewer
Heating
Forced Air, Oil
Window Features
Varies
Flooring
Carpet, Laminate, Luxury Vinyl, Tile
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Construction
Year Built
Year Built: 1941
Home type
Triplex
Foundation Details
Slab
Roof
Pitched, Shingle
Construction Materials
Wood Siding, Other
Utilities & Energy
Utilities
Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Security Features
Smoke Detector(s)
Laundry Features
Common Area, Varies By Unit
Water Source
Public
Pool Features
None
Parking Features
Common, Parking Pad, Varies By Unit
Other Features
Patio And Porch Features
Patio
Subdivision Name
University Terrace
Lot Features
Corner Lot, Landscaped
Tenant Pays
All Utilities
Price History
| Date | Event | Price |
|---|---|---|
06/21/2026 Source: | Listed for Sale | $650,000 $319/sqft |
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