$899,000

400 Minerva Ln Reno, NV 89503

$10,000
Closing credit¹
0.4 acres
Multi-Family

Property details

About 400 Minerva Ln

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.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
(ACTIVE)
Lot size0.44 Acres
Year built1949
ParkingCarport
MLS #250003415

Summary

  • Appliances: Oven/Range
  • Flooring Type: Varies by Unit
  • Interior: Smoke Detector
  • Attached Garage: No
  • Parking: Carport
  • Heating: Natural Gas
  • List Price: $899,000
  • Annual Tax Amount: $1,801
  • Tax Year: 2023
  • Directions: University Terrace-Ralston-Minerva
  • Year Built: 1949
  • Stories: 2
  • Lot Size: 0.44 Acres
  • MLS Number: 250003415
  • Office Name: LPT Realty, LLC
  • Office Phone: (775) 544-1328
  • Listing Agent: Jakobee Reviglio

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 3:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with a city view and a chimney

$899,000

400 Minerva Ln

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 03, 2024
Home Sold
$900,000
Aug 30, 2004
Home Sold
$400,000
Apr 07, 2003
Home Sold
$250,000
Jun 07, 2001
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2023$85,422$1,801
2022$73,177$3,543
2021$63,328$2,598
2020$61,429$2,598
2019$53,903$1,383
2018$44,101$1,319
2017$41,754$1,265

History based on county public records data.

Nearby schools

6

Peavine Elementary School

Public District KG-5

0.8 mi

1601 Grandview Ave

8

Coral Academy Elementary School

Public Charter KG-4

1.0 mi

1701 Valley Rd

6

Dorothy Lemelson S.T.E.M. Academy Elementary School

Public District KG-5

1.1 mi

2001 Soaring Eagle Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,919. Residents of Reno, NV typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

84%
Single, No Kids
4%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
74%
18-34 yrs old
16%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 400 Minerva Ln in Reno, NV and zip code 89503 in the West University neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $899,000.

Reno, NV housing market in April 2025 saw over 45 listings sold above listed price, more than 88 sold at listed price and over 154 sold below. The inventory of homes for sale in Reno, NV between March and April 2025 increased by 11.8%. While the average time on the market in April 2025 was 83 days, the median list price was $578,091.

From Rocket Homes Real Estate and based on county public records data.

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