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Renovated Apartment Building
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185 University Terrace, Reno, NV 89503

Five units offer in-unit washer/dryer hookups, renovated kitchens and bathrooms, and double-pane windows.

Property SizeContact for details
Days on Market123

Property Features for 185 University Terrace

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: DL Realty
Listed By: David Larson · License #NV B28954
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DL Realty

Investment Insights

Based on property information with market context.

This apartment building features five units, each with washer and dryer hookups. Recent updates include renovated kitchens and bathrooms throughout, along with double-pane windows installed for improved performance. Ample parking is also available on site.

The property is located at 185 University Terrace, with The University of Nevada at Reno within a short walk across Sierra Street, supporting convenient tenant access.

The building’s unit mix is configured as five separate residences, each benefiting from the interior renovations and added window improvements.

Key Highlights

  • 5‑unit multifamily with in‑unit washer/dryer hookups
  • Renovated kitchens and bathrooms in recent years
  • Double‑pane windows installed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Electrical Service Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,945
Businesses Nearby

Demographics for 89503, NV

28,737
Population
13,938
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,635
Density / Sq Mi
$66,956
Median Household Income
$37,352
Median Earnings
$1,336
Median Rent
$441,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five units offer in-unit washer/dryer hookups, renovated kitchens and bathrooms, and double-pane windows.
Where is this apartment building located?
The property is located at 185 University Terrace Reno, NV.
What are key features of this property?
This property features: 5‑unit multifamily with in‑unit washer/dryer hookups; Renovated kitchens and bathrooms in recent years; Double‑pane windows installed
More about this property
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