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400 Minerva Lane, Reno, NV 89503

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For Sale

$899,000

2 baths • 2,939 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $305.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 250003415

Courtesy Of LPT Realty, LLC

(775) 544-1328

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven
  • Lot Size
    0.44 Acres

Map and Directions

Directions to 400 Minerva Lane, Reno, NV 89503

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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