Log In/Sign Up
Enter your email to login or create a free account
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
This Multifamily Property is no longer advertised on LoopNet.com.
PRICE REDUCED!
Reno, NV 89503
400 University Terrace · Multifamily Property For Sale
·
16 Units

Investment Highlights
- Offered free and clear
- Priced well below replacement costs at $92,187 per unit
- Each quad configuration offers a fully shared kitchen and living room area
- Class A location is just blocks away from the University of Nevada, Reno campus
- Interiors boast private studio units with bathrooms, private balconies or patios
Property Facts
| No. Units | 16 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,784 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2008 |
| Building Class | C | ||
| Zoning | MF30 - Zoning Code: MF 30 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,784 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Zoning | MF30 - Zoning Code: MF 30 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Wi-Fi
- Breakfast Nook
- Patio
- Smoke Free
- Vinyl Flooring
- Window Coverings
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | $722.50 | 300 |
Links
Property Taxes
| Parcel Number | 007-201-37 | Improvements Assessment | $190,206 |
| Land Assessment | $68,250 | Total Assessment | $258,456 |
Property Taxes
Parcel Number
007-201-37
Land Assessment
$68,250
Improvements Assessment
$190,206
Total Assessment
$258,456
Listing ID: 37771163
Date on Market: 9/22/2025
Last Updated:
Address: PRICE REDUCED!, Reno, NV 89503
The West University Multifamily Property at PRICE REDUCED!, Reno, NV 89503 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Midtown Reno Apartment Buildings
- West University Apartment Buildings
- Downtown Sparks Apartment Buildings
- Virginia Lake Apartment Buildings
- Riverwalk Apartment Buildings
- Wells Avenue Neighborhood Apartment Buildings
- Convention Center Apartment Buildings
- Northeast Reno Apartment Buildings
- Downtown Reno Apartment Buildings
- Old Southwest Reno Apartment Buildings
NEARBY LISTINGS
- 908 12th St, Sparks NV
- 630 Sinclair St, Reno NV
- 521 Sinclair, Reno NV
- 100 N Arlington Ave, Reno NV
- 306 E Taylor St, Reno NV
- 468 Capitol Hill Ave, Reno NV
- 251 E Arroyo St, Reno NV
- 1607 S Virginia St, Reno NV
- 2440 Sutro St, Reno NV
- 429 10th St, Sparks NV
- 210 Claremont St, Reno NV
- 1508-1520 Locust St, Reno NV
- 99 Bartlett St, Reno NV
- 3890 Neil Rd, Reno NV
- 1950 A St, Sparks NV
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map

Link copied
Your LoopNet account has been created!
Thank you for your feedback.
Please Share Your Feedback
We welcome any feedback on how we can improve LoopNet to better serve your needs.X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.