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400 Minerva Lane

Reno, NV 89503
  • $899,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 250003415
$899,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,939
    SQFT
  • $306
    $/SQFT
Type:
Multi-Family
Built:
1949
County:

School Information

Middle School:
High School:

Description

Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a mile from UNR, 2 miles from Renown Medical Center, and directly across I-80 from downtown. This property is positioned in an ideal demographic area for this type of development. Parcels 007-201-22 and 007-201-23 being sold together.

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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-23T00:19:54.84.
www.vaulethomes.com/homes/161651940
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400 Minerva Lane Reno, NV 89503

  • Price: $899,000
  • Status: Active
  • On Site: 34 Days
  • MLS #: 250003415
0
Beds
0
Baths
0
½ Baths
0.44
Acres
2,939
SQFT
$306
$/SQFT
1949
Built
County:
Washoe
Middle School:
Clayton
High School:
Reno
Property Description
Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a mile from UNR, 2 miles from Renown Medical Center, and directly across I-80 from downtown. This property is positioned in an ideal demographic area for this type of development. Parcels 007-201-22 and 007-201-23 being sold together.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced Full Foundation Concrete/Crawl Space Landscaped Partially Landscaped Parking Capacity 2 Parking Types Carport Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 704 2 Bedroom Baths 1 2 Bedroom Sq Ft 1118 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/Range Flooring Varies by Unit Heating Cooling Natural Gas Laundry Separate Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Smoke Detector Water Heater Natural Gas Windows Single Pane

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 0 Annual Income And Expenses Vacant Annual Vacancy 0 Apod Available No Ccr Restrictions No Common Features Fire AlarmSatellite Dish Documents On File None Facility Features Separate Heating/CoolingSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-Gas Green Features None Gross Scheduled Income 0 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 0 Owners May Sell CashConventionalExchange 1031 Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasTelephoneWater Meter InstalledCellular Coverage Avail Zoning Actual MF-30

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-23T00:19:54.84.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502