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.
Closed
$690,000
1111 Strand Pl, Reno, NV 89503
3beds
1baths
2,241sqft
Triplex
Built in 1948
-- sqft lot
$-- Zestimate®
$308/sqft
$2,291 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,291/mo
Zestimate® history
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List your homeWhat's special
Updated kitchenNew exterior paint
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#: 260002060
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 Square Feet
- 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 & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Escape, Smoke Detector(s)
- Subdivision: University Terrace
Location
- Region: Reno
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $255,122
- Annual tax amount: $1,822
- Date on market: 2/25/2026
- Cumulative days on market: 61 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Tenant pays: Water, Trash Collection, Sewer, Gas, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Sold | $690,000+0.1%$308/sqft |
Source:  NNRMLS #260002060 Report a problem | ||
| 3/16/2026 | Contingent | $689,000$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 3/10/2026 | Listed for sale | $689,000$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 3/3/2026 | Contingent | $689,000$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 2/25/2026 | Listed for sale | $689,000+10.8%$307/sqft |
Source: NNRMLS #260002060 Report a problem | ||
| 8/16/2024 | Sold | $622,000$278/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,822 +7.9% | $89,293 +2.4% |
| 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
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Nearby schools
GreatSchools rating
- 4/10Elmcrest Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.5 mi
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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