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1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo
1311 Terrace Drive, Reno, NV 89503 Photo

33 Total Photos [Click to View All]

1311 Terrace Drive
Reno, NV 89503
$1,150,000
7 Beds | 4 Baths | 3293 sqft | 0.16 Acreage

Prime UNR Triplex - Fully Renovated, Fully Leased, Turnkey Investment Just one block from the University of Nevada, Reno. This beautifully renovated triplex delivers modern living, strong rental demand, and reliable income from day one. Renovations were completed in 2019. The property offers 7 bedrooms, 5 bathrooms, and onsite and street parking, making it an exceptional opportunity in one of Reno's most sought after rental neighborhoods. Each unit has been thoughtfully updated with low maintenance LVP flooring, stainless steel appliances, modern kitchens and bathrooms, washer and dryers and efficient mini split HVAC systems. Residents enjoy inviting outdoor spaces as well, including a welcoming front porch and a shared patio ideal for relaxing or gathering with friends. Parking for 7 vehicles is included. This is a true turnkey investment: All units are currently tenant occupied. Leases for all three units for the 2026-27 term are already signed. APOD available upon request. Renovation work included fire alarm and fire sprinklers throughout the property. Showings are by appointment only and subject to tenant schedules. 24 hr notice required. Properties this close to campus with modern finishes and stable tenancy rarely come to market. A smart addition to any portfolio.

Listed By / Presented By

Listed By

Agency Name: Dickson Realty - Caughlin
Agency Phone: 775-746-7000
Agent Name: Jo Ann Burke
Agent Phone: 775-848-9070

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Presented By

Agent Name: Trisha Jones
Agent Phone: 775.781.2367
Agency Title: Chase International Real Estate

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Contact Agent(s) for More Information

Property Details

Property Type: Multi Unit - Multiple
Heating: Mini Split(s)
Lot Size: 0.16 Acres
Roof Type: Pitched, Composition, Shingle
Taxes: $4,409
Year Built: 1927
MLS ID: 260004240

Units

Studio Units:
Bathroom(s): 1
Rent: $1975.00
1 Bedroom Units:
Bathroom(s): 2
Rent: $2800.00
2 Bedroom Units:
Bathroom(s): 1
Rent: $1975.00
3 Bedroom Units:

Feature Descriptions

Appliances: Dryer, Disposal, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
Construction Type: Site/Stick-Built
Cooling Y/N: Yes
Days on Site: 2
Exterior: Brick
Fencing: Back Yard, Partial
Flooring: Luxury Vinyl
Foundation: Other
Heating Y/N: Yes
Laundry Features: In Unit
Lot Features: Sloped Down
OtherStructures: None, Storage
Owner Pays: Exterior Maintenance, Gas, Sewer, Trash Collection, Water
Parcel #: 007-123-09
Parking: Assigned, Parking Pad
Patio/Porch: Deck, Patio
Pool Features: None
Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: Automatic
Tenant Pays: Cable TV, Electricity, Internet
Units: 3
Units Furnished: None
Utilities: Cellular Coverage, Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window Features: Vinyl Frames, Blinds, Double Pane Windows

Amenities

None
Ceiling Fan

Schools

High School: Reno
Middle School: Clayton
Elementary School: Elmcrest

Neighborhood Map

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Demographics

Estimate My Payments

  • Estimated Payment
    $3,262.23
  • Principal & Interest
    $2,559.40
  • Property Tax
    $367.42
  • Homeowner's Insurance
    $335.42
(Payments are an estimate and may vary by lender)

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