See Home Value
$607,915*
Multifamily - Off Market

440 Minerva Lane

Reno, NV 89503
bedrooms
Studio
bathrooms
0 Bath
$450,000 - $548,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Perfect West University Location with downtown and mountain views. Conveniently located walking distance to UNR, Whitaker Park, downtown, and midtown!  Each unit is 2bd, 1ba with fridge and w/d. Sizable storage area in basement not included in square footage + a courtyard. Large backyard and MF30 zoning would allow for additional units! Excellent income--currently grossing $2900/month. Freshly painted and ready for immediate occupancy. Fantastic, versatile opportunity!  Listing Agent: James C Elliott Email Address: [email protected] Broker: RE/MAX Professionals Please do not disturb occupants. Make offer subject to viewing after acceptance. Owner may carry 1st with significant down payment. Terms to be determined and agreed to. Left side tenants under new lease. Great tenants on right are on month-to-month and would love to stay. Gross income is based on current occupied rent.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$847
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Apr 28, 2021 No longer available -
No longer available
Apr 26, 2021 Sold to Dean G Morris $500,000
Sold to Dean G Morris
Jan 26, 2021 Price Decreased $499,900
↓ $20K (3.9%)
Price Decreased
Jan 15, 2021 Listed $519,900
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$595,000 Nov 17, 2022
-
$1,727/mo
Condo
1 Bed
2 Baths
1,017 ft²
$418/ft²
$425,000 Sep 19, 2022
-
$1,189/mo
Condo
1 Bed
1 Bath
1,080 ft²
$384/ft²
$415,000 Jul 12, 2022
-
$1,287/mo
House
4 Beds
2 Baths
1,231 ft²
$374/ft²
$460,000 Sep 13, 2022
-
$691/mo
Condo
2 Beds
2.5 Baths
1,540 ft²
$298/ft²
$459,000 Sep 7, 2022
-
$1,281/mo
Condo
2 Beds
2 Baths
1,273 ft²
$412/ft²
$524,950 Sep 15, 2022
-
$1,244/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210115
01/15/2021
Studio
-
-
$519,900
bedrooms
Studio
bathrooms
-
$500,000 -3.83%
04/26/2021
James Elliott

Building Info

440 Minerva Lane 440 Minerva Lane, Reno, NV 89503
More about this Building
440 Minerva Lane
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About Downtown Reno


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