Investment Opportunity Easy access to campus, potential Multifamily development-zoning (MF-14). Price reflects current condition of property. Buyer to verify additional unit possibilities with local city zoning dept. Don't miss this rare opportunity to own a property near campus! Discover this well-positioned 2-bedroom, 1-bathroom home very close to the University of Nevada campus! This 979 square foot residence offers incredible potential for investors. Additional 1,015 sq ft unfinished basement (possible storage or future expansion) Ideal for student housing, area is a high rental demand from college population.
Closed
$275,000
1140 The Strand, Reno, NV 89503
2beds
979sqft
Single Family Residence
Built in 1936
7,840 Square Feet Lot
$-- Zestimate®
$281/sqft
$1,983 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,983/mo
Zestimate® history
Owner options
List your home for rent
$1,983/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,983/mo
Rent Zestimate®
Refinance and save
$1,620/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,620/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Kevin Reid B.16236 775-722-0121,
Capurro & Reid Real Estate,LLC
Bought with:
Unrepresented Buyer or Seller
Non MLS Office
Source: NNRMLS,MLS#: 250058905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Features
- Flooring: Laminate
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Unfinished
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 979
- Total interior livable area: 979 sqft
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
- Spa features: None
- Fencing: Back Yard,Partial
Lot
- Size: 7,840 Square Feet
- Features: Sloped Down
Details
- Additional structures: None
- Parcel number: 00711411
- Zoning: MF-14
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Concrete Perimeter
- Roof: Composition,Pitched
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Water Meter Installed
Community & HOA
Community
- Subdivision: University Terrace
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $177,783
- Annual tax amount: $880
- Date on market: 12/8/2025
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $275,000-8.3%$281/sqft |
Source:  NNRMLS #250058905 Report a problem | ||
| 1/29/2026 | Contingent | $299,900$306/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 1/27/2026 | Price change | $299,900-25%$306/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 12/30/2025 | Listed for sale | $399,900$408/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 12/14/2025 | Contingent | $399,900$408/sqft |
Source: NNRMLS #250058905 Report a problem | ||
| 12/8/2025 | Listed for sale | $399,900$408/sqft |
Source: NNRMLS #250058905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $881 +2.3% | $62,224 +5.8% |
| 2025 | $861 +4% | $58,807 +1.1% |
| 2024 | $828 +7.9% | $58,156 +4.4% |
| 2023 | $767 -0.2% | $55,703 +25.7% |
| 2022 | $769 +6.5% | $44,330 +30.4% |
| 2021 | $722 +5% | $33,987 +4.6% |
| 2020 | $687 -4.8% | $32,481 |
| 2019 | $722 +5% | $32,481 +25.4% |
| 2018 | $687 +11.8% | $25,909 +10.1% |
| 2017 | $615 | $23,538 +1% |
| 2016 | $615 | $23,307 +16.2% |
| 2015 | $615 +3.5% | $20,065 +11.1% |
| 2014 | $594 | $18,054 +15.2% |
| 2013 | $594 | $15,668 |
| 2012 | -- | $15,668 -3% |
| 2011 | -- | $16,152 -16% |
| 2010 | -- | $19,232 -32.4% |
| 2009 | -- | $28,454 -10.8% |
| 2008 | -- | $31,914 -11.7% |
| 2007 | -- | $36,145 +41% |
| 2006 | -- | $25,630 +3.6% |
| 2005 | -- | $24,731 +24.8% |
| 2004 | -- | $19,820 +2.3% |
| 2003 | -- | $19,382 +0.3% |
| 2002 | -- | $19,324 |
| 2001 | -- | $19,324 |
Find assessor info on the county website
Neighborhood: Old Northwest - West University
Nearby homes
- $573,7004 bd2 ba1.1k sqft1150 The Strand, Reno, NV 89503Off Market
- $673,7002 bd1 ba938 sqft1120 The Strand, Reno, NV 89503Off Market
- $236,6535 bd3 ba1.1k sqft315 College Ct, Reno, NV 89503Off Market
- $583,9003 bd2 ba1.9k sqft1160 The Strand, Reno, NV 89503Off Market
- $537,4002 bd1 ba902 sqft1151 Buena Vista Ave, Reno, NV 89503Off Market
- $464,9003 bd1 ba1.3k sqft1147 Buena Vista Ave, Reno, NV 89503Off Market
- $500,4002 bd1 ba980 sqft1155 Buena Vista Ave, Reno, NV 89503Off Market
- $422,0002 bd1 ba934 sqft1141 Buena Vista Ave, Reno, NV 89503Sold
Nearby schools
GreatSchools rating
- 4/10Elmcrest Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Elmcrest
- Middle: Clayton
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Nevada
- Washoe County
- Reno
- 89503
- Old Northwest - West University
- 1140 The Strand
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Reno Topics
