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$1,149,000

Listing Price

4beds

2baths

2,470sqft

9,764sqft lot

250 College Dr, Reno, NV 89503

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1955

Year built

Home Details

Exceptional investment opportunity located just blocks from UNR, 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 well-maintained twin 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 youre seeking a turnkey cash-flowing asset or a strategic redevelopment play, this property offers the flexibility and location that seasoned investors seek. Opportunities like thiszoned MF-30, on a corner lot, and walking distance to a major universitydont come along often.

Interior Details

Square Feet
  • 2470

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Wall Unit

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9764

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • Combination

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,340

$42,000

$17,686

--%

$59,686

2019

$1,276

$42,000

$16,734

--%

$58,734

2018

$1,218

$30,800

$16,061

--%

$46,861

2017

$1,170

$27,930

$15,628

--%

$43,558

2016

$1,140

$23,520

$15,610

--%

$39,130

2014

$1,102

$15,400

$14,515

--%

$29,915

2012

$1,107

$16,800

$13,466

--%

$30,266

percent-home-icon

Average Home Price in 89503

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,149,000

4 Beds

2 Baths

2,470 Sqft

9,764 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,149,000
$
Down payment
229,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,894
$
HOA (Monthly)
0
$
PMI
0
$
$7,438
Your Payment
Total Monthly Payment:$7,438
Percent of Income:128%
Affordable:No

Details for 250 COLLEGE DR

Property Debt

Foreclosure Contact Details