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400 Minerva Lane, Reno, NV 89503

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For Sale

$899,000

0.44 acres

Estimated Payment

$ 4,777 /mo.

6.67% APR for 30 yrs.
$1,801 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 250003415

Courtesy Of LPT Realty, LLC

(775) 544-1328

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Security System, Security System
  • Appliances
    Range
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Lot Size
    0.44 Acres

Map and Directions

Directions to 400 Minerva Lane, Reno, NV 89503
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Home seller CENTURY 21 Americana

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $4,627
  • Property Taxes
    $150
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,777

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Elmcrest Elementary School

Grades KG-5 Public School


Reno, NV 89503 1.1 miles
855 mcdonald dr

324 total students
12:1 Student teacher ratio

Archie Clayton Middle School

Grades 6-8 Public School


Reno, NV 89503 1.4 miles
1295 wyoming ave

728 total students
15:1 Student teacher ratio

Reno High School

Grades 9-12 Public School


Reno, NV 89509 1.2 miles
395 booth st

1724 total students
23:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
The Davidson Academy Of Nevada 0.5 miles Public 6-12 A+
Innovations High School 0.6 miles Public 9-12 D-
Honors Academy Of Literature 0.6 miles Public KG-8
Peavine Elementary School 0.8 miles Public KG-5 B
Coral Academy Elementary School 1 miles Public KG-4 A-
Dorothy Lemelson S.t.e.m. Academy Elementary School 1.1 miles Public KG-5 B-
Mount Rose Elementary School 1.3 miles Public KG-5 A
St Albert The Great Catholic School 1.3 miles Private KG-8
Coral Academy Middle School 1.4 miles Public 5-8 B-
Turning Point 1.4 miles Public 2-12
Encompass Academy 1.4 miles Public 9-12 D+
Our Lady Of The Snows Catholic School 1.4 miles Private KG-8
Glenn Duncan Stem Academy 1.5 miles Public KG-5 C
Mamie Towles Elementary School 1.6 miles Public KG-5 B+
Fred W. Traner Middle School 1.6 miles Public 6-8 D+
Libby C. Booth Elementary School 1.7 miles Public KG-5 C-
Hunter Lake Elementary School 1.7 miles Public KG-5 A

The Davidson Academy Of Nevada

Distance: 0.5 miles

Type Public

Grades: 6-12

A+

Innovations High School

Distance: 0.6 miles

Type Public

Grades: 9-12

D-

Honors Academy Of Literature

Distance: 0.6 miles

Type Public

Grades: KG-8

Peavine Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

B

Coral Academy Elementary School

Distance: 1 miles

Type Public

Grades: KG-4

A-

Dorothy Lemelson S.t.e.m. Academy Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

B-

Mount Rose Elementary School

Distance: 1.3 miles

Type Public

Grades: KG-5

A

St Albert The Great Catholic School

Distance: 1.3 miles

Type Private

Grades: KG-8

Coral Academy Middle School

Distance: 1.4 miles

Type Public

Grades: 5-8

B-

Turning Point

Distance: 1.4 miles

Type Public

Grades: 2-12

Encompass Academy

Distance: 1.4 miles

Type Public

Grades: 9-12

D+

Our Lady Of The Snows Catholic School

Distance: 1.4 miles

Type Private

Grades: KG-8

Glenn Duncan Stem Academy

Distance: 1.5 miles

Type Public

Grades: KG-5

C

Mamie Towles Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

B+

Fred W. Traner Middle School

Distance: 1.6 miles

Type Public

Grades: 6-8

D+

Libby C. Booth Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

C-

Hunter Lake Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

A

Local area information for Reno, NV 89503

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Reno, NV 89503

This community’s employment is highest in the food and healthcare practitioners industries. The area’s overall household expenses are above the national average.

90° July
Hottest Average Month

21° January
Coldest Average Month
11,916 Total Households in Area
19.2%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Reno, NV 89503

Reno, NV 89503 has a population of 27,727 people in 11,916 households with a median age of 36.9 years old.

Up 1.7%
Increase in population
since the year 2010

Population is Trending up
11,738
Total households as of 2010
Up
4.5%

Community Population By Age

Community Population By Ethnicity

White 67%
Hispanic 18%
Asian 8%
Other 7%
Black 4%
Native American 1%

Economics
for Reno, NV 89503

4,226 /sq mi
Population Density
$60,263 /yr
Median Household Income
$454,397
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 78%
  • Work from Home 10%
  • Walk or Bike 9%
  • Public Transit 4%

Occupancy by Type

Rented 6,525 51%
Owned 5,391 42%
Vacant 922 7%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Reno, NV 89503

36.9 Median Age

Average Household Size

2.2
persons per
household

32.3%

Married Households

Community Population By Education

Some College 24%
High School Graduate 23%
Bachelors Degree 22%
Graduate Degree 14%
Some High School 10%
Associates Degree 7%

Household Family Expenses vs National Average

19.2% of households have children

Weather
for Reno, NV 89503

The weather for this area ranges from a high of 90° F in July to a low of 21° F in January

90° July
Hottest Average Month
21° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
21°
44°
Feb
25°
49°
Mar
29°
54°
Apr
33°
63°
May
40°
72°
Jun
47°
81°
Jul
52°
90°
Aug
51°
88°
Sep
44°
80°
Oct
35°
68°
Nov
27°
54°
Dec
22°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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