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About This Home
This 3-bedroom, 1-bathroom residential multi family at 1111 Strand Place in Reno, NV is listed for $689,000 ($307 per sqft). Built in 1948, the home offers 2,241 sqft of living space on a 0.15 acres lot.
CONTACT LISTING AGENT FOR AVAILABLE SHOWING TIME. PLEASE DO NOT DISTURB TENANTS. This triplex presents an excellent investment opportunity just a couple of blocks from University of Nevada, Reno. With three distinct units designed for comfort and functionality, the property offers flexible living options for tenants or multi-generational use.
A new 30-year roof was installed in 2024, along with new exterior paint and new fencing on the west side yard, adding to the property's overall value and appeal. Unit C is a cozy 2-bedroom, 1-bath unit featuring a mix of modern laminate flooring and plush carpet, with a spacious layout ideal for roommates or small households.
Unit A is a large 1-bedroom, 1-bath unit with new laminate flooring in the main living area, carpet in the bedroom, an updated kitchen, and added ingress and egress for improved functionality. Unit B is a spacious studio with a full kitchen and bathroom, offering enough room for both living and sleeping areas.
A new heat pump provides efficient year-round heating and cooling. Each unit is thoughtfully designed to accommodate a variety of living needs, making this property a strong investment opportunity in a highly desirable location.
Key Features
- Built in 1948
- 0.15 acre lot
- 2 stories
- 3 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1111 Strand Place
Reno, NV 89503
University Terrace
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom residential multi family at 1111 Strand Place is listed at $689,000 ($307/sqft). The estimated monthly payment is $2,986 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.15 acre lot, 2 stories, 3 parking spaces, Fireplace. Interior Features: Ceiling Fan(s). Exterior Features: Awning(s), Rain Gutters.
This property is listed by Lauren Addi and can be reached at 7755449986 or laddi@dicksonrealty.com.