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$399,900
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Property Description
Investment Opportunity Near University of Nevada Perfect College Housing or Rental Investment. Discover this well-positioned 2-bedroom, 1-bathroom home just steps away from the University of Nevada campus! This 979 square foot residence offers incredible potential for investors and owner-occupants alike. Additional 1,015 sq ft unfinished basement (perfect for storage, workshop, or future expansion) Walking distance to University of Nevada, ideal for student housing High rental demand from college population, Easy access to campus and city amenities Multifamily zoning (MF-14) Verify additional unit possibilities with local city/county. Don't miss this rare opportunity to own a property near campus!
Full Property Details
Full Property Details for 1140 The Strand
General
- Price: $399,900
- Taxes: $880
- Status: Active
- Type: Single Family
- Source: 2502
- MLS ID: 250058905
- Updated: 12/30/2025
- Added to Site: 39 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Area
Exterior
- Exterior Features: Rain Gutters
Parking
- Total Spaces: 2
- Parking Features: None
Location
- County: Washoe
- Subdivision: University Terrace
- Driving Directions: N. Sierra, to College Ct. to The Strand
School Information
- Elementary School: Elmcrest
- Middle School: Clayton
- High School: Reno
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Water Meter Installed
Structural Information
- Property Detached: Yes
- Exterior Const.: Frame, Stucco
- Roof: Composition, Pitched
- Common Walls: No Common Walls
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Building Size: 979
- Square Feet: 979
- Living Area: 979 Sq. Ft.
- Year Built: 1936
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,623
- Frontage: City Street, Public
- Road Maintenance: Public Maintained Road
- Lot Features: Sloped Down
- Zoning: MF-14
- Fencing (Description): Back Yard, Partial
Financial Considerations
- Price Per Sq. Ft.: $408.48
- Tax Amount: $880.77
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 007-114-11
Listed by Capurro & Reid Real Estate,LLC, Kevin Reid (775) 722-0121
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Schools
Schools serving 1140 The Strand
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Elmcrest Elementary School 855 Mc Donald Drive, Reno, NV 89503 | K-5 | 1.2 mi |
Archie Clayton Middle School 1295 Wyoming Avenue, Reno, NV 89503 | 6-8 | 1.4 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 The Strand
Date
Details
Price
Change
Source
12/08/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1140 The Strand
Year
Property Taxes
Change
Tax Assessment
Change
2024
$861
4%
$58,156
4%
2023
$828
8%
$55,703
26%
2022
$767
—
$44,330
30%
2021
$769
—
$33,987
2%
2021
$769
12%
$33,198
2%
2019
$687
5%
$32,481
25%
2018
$657
4%
$25,909
10%
2017
$630
2%
$23,538
1%
2016
$615
—
$23,307
16%
2015
$613
3%
$20,065
11%
2014
$594
—
$18,054
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1140 The Strand
1140 The Strand, Reno, NV 89503 (MLS# 250058905) is a Single Family property with 2 bedrooms and 1 full bathroom. 1140 The Strand is currently listed for $399,900 and was received on December 08, 2025. Want to learn more about 1140 The Strand? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

