400 Minerva LN Lane Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89503
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250003415
Year Built 1949
Annual Tax Amount $1,801
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 0.44
Property Sub-Type Multi Family
Property Description
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.
Location
State NV
County Washoe
Zoning MF-30
Direction University Terrace-Ralston-Minerva
Interior
Heating Natural Gas
Flooring Varies
Equipment Satellite Dish
Laundry In Unit
Exterior
Parking Features Carport
Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available,Cellular Coverage,Water Meter Installed
View Y/N No
Roof Type Composition,Pitched,Shingle
Garage No
Building
Lot Description Landscaped
Story 2
Foundation Crawl Space
Water Public
Structure Type Frame,Wood Siding
Schools
Middle Schools Clayton
High Schools Reno
Others
Tax ID 00720122
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional