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- Description
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Street View
$1,149,000
Monthly Est:$5,719
-- Bed
-- Bath
2,470sqft
250 College Dr, Reno, NV 89503
$1,149,000
$5,719/moEst:
Get Pre-Approved
Quadruplex
Built in 1955
$-- HOA
0.22 acre lot
$465/sq.ft
Description
Exceptional investment opportunity located just blocks from UNR, easy access to the lively downtown area and a short trip to the popular Rancho San Rafael Regional Park. This rare multifamily property sits on a prominent corner lot and includes well-maintained twin duplexes (4 total units). With flexible MF-30 zoning, there is significant upside potential for future redevelopment, additional units, or long-term cash flow. Ample off-street parking for residents. Each of the units have attractive laminate flooring throughout and an abundance of natural light from the windows. The single-level layout of each unit features an open floorplan, creating a comfortable and inviting living space. Whether you're seeking a turnkey cash-flowing asset or a strategic redevelopment play, this property offers the flexibility and location that seasoned investors seek. Opportunities like this—zoned MF-30, on a corner lot, and walking distance to a major university—don't come along often.
- Houzeo last checked: 12 minutes ago
- Listing updated: November 29, 2025 at 5:42 am
- Listing Provided by: Chante Hargrove (775) 771-3046 DRE #S.74753 | RE/MAX Professionals-Reno (775) 345-3070
- Source: Northern Nevada Regional MLS-NV | MLS#: 250051510
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1955
HOA Fees
-
Finished Area
2,470 sqft
Lot Size
0.22 acre lot
Basement Area
- sqft
MLS Name
Northern Nevada Regional MLS
MLS Number
250051510
MLS Status
Active
Days on Market
484
Cumulative Days on Market
168
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Exterior Features
None
Flooring
Laminate
Sewer
Public Sewer
Heating
Wall Furnace
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Cooling
Wall/window Unit(s)
Window Features
Double Pane Windows, Vinyl Frames
Interior Features
Ceiling Fan(s)
Construction
Year Built
Year Built: 1955
Home type
Quadruplex
Roof
Asphalt, Pitched, Shingle
Foundation Details
Crawl Space
Construction Materials
Shingle Siding
Utilities & Energy
Water Source
Public
Laundry Features
In Unit, Washer Hookup, Varies By Unit
Parking Features
Common, Parking Pad, Rv Access/parking
Utilities
Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected
Security Features
Smoke Detector(s)
Pool Features
None
Other Features
Subdivision Name
University Terrace
Lot Features
Corner Lot, Level, Sprinklers In Front, Other
Tenant Pays
Gas, Electricity
Price History
| Date | Event | Price |
|---|---|---|
06/13/2025 Source: | Listed for Sale | $1,149,000 $465/sqft |
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