400 Minerva Lane

Reno, NV 89503

$950,000
Price
5
Beds
2
Baths
2,939 Sq. Ft.
$323 / Sq. Ft.
2,939
Sq. Ft.
$323
per Sq. Ft.

Description

400 and 0 Minerva Ln are 2 concurrent lots, 0,286 and 0.149 respectively, with a duplex and studio currently sitting on it. Through reversion to acreage, the lot will total .435 acres. Zoned as MF-30, 13 3 story units can be developed. According to City of Reno Planning Dept, each can be up to 5 bed 5 bath units. Within a half mile to UNR, 2 miles from Renown Medical Center, and across 80from downtown, this property provides a fantastic demographic for this property type.400 and 0 Minerva Ln are 2 concurrent lots, 0,286 and 0.149 respectively, with a duplex and studio currently sitting on it. Through reversion to acreage, the lot will total .435 acres. Zoned as MF-30, 13 3 story units can be developed. According to City of Reno Planning Dept, each can be up to 5 bed 5 bath units. Within a half mile to UNR, 2 miles from Renown Medical Center, and across 80from downtown, this property provides a fantastic demographic for this property type.
  1. Listed by Colton Vines • Stitser Properties

Property Details for 400 Minerva Lane

Zoning Actual
MF-30
Total Parking Capacity
2
LISTING UPDATED: 06/06/2024 11:14 AM

Property Details for 400 Minerva Lane

StatusActive
MLS #240006566
Days on Compass202
Taxes$1,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 SFR on 1 APN
Year Built1949
Lot Size0.44 AC / 19,166 SF
CountyWashoe County

Building Information for 400 Minerva Lane

Stories2Residences-Year Built1949Building Size-Lot Size0.44 AC / 19,166 SF

Property Information for 400 Minerva Lane

Summary
Location and General Information
  • Geo Latitude: 39.533654
  • Geo Longitude: -119.821232
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 400 Minerva Ln
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 400 Minerva Lane
  • County: Washoe
  • Xstreet/Directions: University Terrace-Ralston-Minerva
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Taxes $: $1,801.80
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Carport
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1949.0
  • Acreage: 0.44
  • Type of Property: 2 SFR on 1 APN
  • Parcel #: 00720122
  • Complex Name: None
  • Gross Square Footage: 2939.0
Property and Assessments
  • Documents On File: None
  • ADA Compliant: No
  • APOD Available: No
  • Construction: Wood Frame
  • Associated Document Count: 0
  • LVT Date: 05-30-2024
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Natural Gas
  • Water Heater: Natural Gas
  • Windows: Single Pane
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Separate Meters-Water, Separate Water Heaters, Separate Heating/Cooling
  • Common Features: Fire Alarm, Satellite Dish
  • Unit Features: Smoke Detector
  • Appliances: Oven/Range
  • Laundry: None
  • Flooring: Varies by Unit
  • Green Features: None
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed, Cellular Coverage Avail
  • Landscaped: Partially Landscaped
  • Sprinklers: None
  • Fenced: Full
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 1
  • 1 Bedroom - SqFt/Unit: 704
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 1118
  • 2 Bedroom - Avg Rent/Unit: 0
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 2
  • # Units: 3
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $.00
  • Annual Income & Expenses: Vacant
  • Gross Scheduled Income: $.00
  • Net Operating Income: $.00
Agent
Showing and Remarks
  • Showing Instructions: ShowingTime
Sale and Listing
  • Sale/Rent: For Sale
  • List Team: Vines Group
  • DOM: 200
  • DOMLS: 200
  • Cumulative DOM: 200
  • Cumulative DOMLS: 200
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Colt Vines
  • Contact Phone: 775-303-1319
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: None

Property History for 400 Minerva Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400 Minerva Lane

Taxable ValueLand$51,450Additions$33,972Total$85,422
Tax Record2023$1,802 ($150 / month)
Home Facts
Baths3Total Finished SqFt2,235 SqFtAbove Grade Finished SqFt2,235 SqFtStories2Lot Size12,454 SqFtStyleDuplexYear Built1949ZoningMF30CountyWASHOEAPN007-201-22Fireplace TypeHas Fireplace

Schools near 400 Minerva Lane

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Elmcrest Elementary School
PublicK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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400 Minerva Lane is a multi-family home for sale in Reno, NV 89503. This property was listed for sale on May 30, 2024 by Stitser Properties, it's currently listed at $950,000. It has been on the market for a total of 202 days and was last sold on August 30, 2004. This listing's school district is Washoe County School District. Nearby schools include Elmcrest Elementary School, Archie Clayton Middle School and Reno High School. 400 Minerva Lane is a 5-bed, 2-bath, 2,939 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stitser Properties, Colton Vines, License #14828

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.