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  • $690,000

    1111 Strand Pl, Reno, NV 89503

    3beds
    1baths
    2,241sqft
    Triplex
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $308/sqft
    $2,098 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,098/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Addi S.198603 775-544-9986,

    Dickson Realty - Damonte Ranch

    Bought with:

    Shirley Larkins, B.145480

    Nevada Real Estate Connections

    Source: NNRMLS,MLS#: 260002060MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Heating
    • Forced Air, Heat Pump, Natural Gas
    Cooling
    • Central Air, Heat Pump, Refrigerated, Varies by Unit
    Appliances
    • Included: Oven, Disposal, Dryer, Refrigerator, Washer
    • Laundry: Varies By Unit
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Aluminum Frames, Blinds, Double Pane Windows
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,241
    • Total interior livable area: 2,241 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Common, Parking Pad, None
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Awning(s), Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Back Yard,Partial
    Lot
    • Size: 6,534 sqft
    • Features: Landscaped, Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00711211
    • Zoning: MF14

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition,Pitched,Shingle
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Water Meter Installed

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Escape, Smoke Detector(s)
    Location
    • Region: Reno
    • Subdivision: University Terrace

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/27/2026Sold$690,000+0.1%$308/sqft
    Source: NNRMLS #260002060 Report a problem
    3/16/2026Contingent$689,000$307/sqft
    Source: NNRMLS #260002060 Report a problem
    3/10/2026Listed for sale$689,000$307/sqft
    Source: NNRMLS #260002060 Report a problem
    3/3/2026Contingent$689,000$307/sqft
    Source: NNRMLS #260002060 Report a problem
    2/25/2026Listed for sale$689,000+10.8%$307/sqft
    Source: NNRMLS #260002060 Report a problem
    8/16/2024Sold$622,000$278/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,689 +12.9%$87,217 +4.7%
    2024$1,496 +8%$83,305 +3.9%
    2023$1,386 +8.1%$80,156 +17.6%
    2022$1,282 +6.4%$68,186 +16%
    2021$1,205 +5.1%$58,798 +11.3%
    2020$1,147 -4.9%$52,809
    2019$1,205 +5.1%$52,809 +32.5%
    2018$1,147 +11.7%$39,865 +6.6%
    2017$1,026 $37,410 +10.2%
    2016$1,026 $33,948 +9.9%
    2015$1,026 +3%$30,894 +14.6%
    2014$996 $26,952 +2.9%
    2013$996 $26,189
    2012-- $26,189 -3.1%
    2011-- $27,038 +2.2%
    2010-- $26,466 -23.4%
    2009-- $34,553 -2.2%
    2008-- $35,336
    2007-- $35,336 +16.5%
    2006-- $30,341 +4.9%
    2005-- $28,937 +16.3%
    2004-- $24,892 -0.6%
    2003-- $25,033 +0.3%
    2002-- $24,946
    2001-- $24,946

    Find assessor info on the county website

    Neighborhood: Old Northwest - West University

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elmcrest
    • Middle: Clayton
    • High: McQueen

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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