250 College Drive, Reno, NV 89503

Other
THB ฿40,441,250
USD $1,250,000
Published on: 16 Jun 2025
Last updated on: 06 Aug 2025
250 College Drive, Reno, NV 89503
250 College Drive, Reno, NV 89503
250 College Drive, Reno, NV 89503
+34
250 College Drive, Reno, NV 89503
  • 34
Property ID: 110100195397
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MULTI_FAMILY - Reno, NV

250 College Drive, Reno, NV 89503
Exceptional investment opportunity located just blocks from The University of Nevada Reno, easy access to the lively downtown area and a short trip to the popular Rancho San Rafael Regional Park. This rare multifamily property sits on a prominent corner lot and includes two well-maintained duplexes (4 total units). With flexible MF-30 zoning, there is significant upside potential for future redevelopment, additional units, or long-term cash flow. Ample off-street parking for residents. Each of the units have attractive laminate flooring throughout and an abundance of natural light from the windows. The single-level layout of each unit features an open floorplan, creating a comfortable and inviting living space. Whether you're seeking a turnkey cash-flowing asset or a strategic redevelopment play, this property offers the flexibility and location that seasoned investors seek. Opportunities like this-zoned MF-30, on a corner lot, and walking distance to a major university-don't come along often.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
890.31 m2
Building Size
229.47 m2
Year Built
1955
Num Floors
1
County
Washoe
Parcel ID
007-105-01
Provider
Northern Nevada Regional MLS, Inc.
Subdivision
University Terrace
Brokerage Office Name
RE/MAX Professionals
Brokerage Office Phone
(775) 345-3070
Neighbourhoods
University Terrace
Address
250 College Drive, Reno, NV 89503

Nearby Schools

TypeSchool nameDistrict name
HighRenoNot available
ElementaryElmcrestNot available
MiddleClaytonNot available
JuniorhighClaytonNot available
Contact Agent
Chante Hargrove
RE/MAX Professionals-Reno
7900 Rancharrah Parkway Ste 210 , Reno, NV 89511
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Chante Hargrove
7900 Rancharrah Parkway Ste 210 , Reno, NV 89511
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      Property ID: 110100195397

      Original Property ID: 3yd-NNRMLS-250051510
      Data provided by Northern Nevada Regional MLS, Inc., MLS #: 250051510
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