University Cottage at Ralston consists of one existing duplex and room to add additional units on the lot. The property sits on a large 0.275 acre lot with MF-14 zoning within the University rental submarket. There are a total of 9 bedrooms and 5.5 bathrooms. The property has been fully remodeled with tons of capex expenditures completed. This asset has newer tankless water heaters, multiple mini splits, recent exterior paint, newer roof, new electrical, new plumbing, and beautiful curb appeal. The interiors feature LVP and wood look tile flooring, wood beams, upgraded wall texture, full tile bathroom showers, modern wood look cabinets, and quartz countertops with stainless steel appliances. Tenants enjoy on-site parking on a larger private corner lot, in-unit laundry, walk around porch, and modern finishes with a classic feel throughout. It is also a short distance to the University of Nevada Reno making it a perfect student housing investment opportunity.
West University, located between the Truckee River and the University of Nevada, Reno campus, is a historic and walkable Reno neighborhood with leafy streets and a strong college-town pulse. The neighborhood’s character concentrates around the Virginia Street corridor by UNR, where coffee counters, casual eateries, and game-day foot traffic set the tempo. Sundance Bookstore, The Holland Project, and the Pioneer Center for the Performing Arts act as cultural pillars with a distinctly local voice. Early-20th-century bungalows and brick apartment courts mix with newer infill near campus edges. Tree-lined blocks lead toward river paths and downtown’s older storefront grid. The feel stays grounded in everyday routines—classes, performances, and patio tables—rather than spectacle.
Provided by Walk Score and Local Logic
Offer insights
1104 Ralston St · $1,325,000
$1.32M and above
75% chance or better to win
Why $1.32M+ is a strong offer
DAYS ON MARKET
48 days
The average home goes pending in 105 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
In-unit laundry (varies by unit)
Disposal
Dishwasher
Gas range
Microwave
Refrigerator
Oven
Vinyl-framed windows with blinds and double-pane glass
Luxury vinyl flooring
Bedrooms
Three-bedroom units included
Two-bedroom units included
One-bedroom units included
Bathrooms
One-bath units (in some units)
Four baths listed for a unit grouping
Kitchen
Dishwasher
Gas range
Microwave
Refrigerator
Disposal
Oven
Laundry & utility
Washer and dryer included (in unit; varies by unit)
Flooring
Luxury vinyl flooring
Heating & cooling
Mini-split heating
Cooling provided
Exterior features
Partial fencing
Corner lot with landscaping
No private pool or spa
Home design
Duplex
Two levels
Parking
Common parking with capacity for about 9 vehicles total
Per-unit parking capacity noted (examples: 4 and 5 spaces per unit grouping)
Construction
Stone, stucco, and wood siding exterior
Asphalt and flat roofing
Crawl space foundation
No other detached structures
Utilities
Public water
Public sewer
Electricity connected
Natural gas available
Water meter installed
Sewer connected
Internet available
Cable available
Cellular coverage
HOA & community
Community barbecue amenity
Financial info
Multi-family property details provided: number of buildings 1; number of units total noted in groups (several unit counts provided); units currently listed as vacant in a unit grouping
Other
Zoning: MF14
Electricity and solar
View estimated energy costs and solar savings for this home
4 units walking distance to UNR!!! (3) 2 bedrooms & (1) 1 bedroom. Fully leased and well maintained. Plenty of parking and storage shed. Possible room to add more units, buyer to verify. Seller to pay or credit Buyer $6,500 as allowance for the first year's utilities. Drive by and make an offer subject to inspections. Do not disturb tenants.
NNRMLS #60011314
May 31, 2006
Listing Removed
—
May 15, 2006
Listed
$512,000
$146/sq ft
NNRMLS #40014461
Nov 2, 2004
Sold
$492,000
$140/sq ft
Sep 26, 2004
Listing Removed
—
Sep 18, 2004
Listed
$490,000
$140/sq ft
NNRMLS #40006776
Aug 31, 2004
Listing Removed
—
May 15, 2004
Listed
$490,000
$140/sq ft
Public Records
Apr 10, 2003
Sold
$163,000
$46/sq ft
Public Records
Feb 25, 2003
Sold
$163,000
$46/sq ft
Public Records
May 31, 1994
Sold
$190,000
$54/sq ft
Public Records
Oct 24, 1991
Sold
$72,936
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,292 (+7.5%)
$54,075 + $23,915
$77,990
2024
$2,132 (+7.9%)
$65,730 + $37,195
$102,925
2023
$1,975 (+7.7%)
$64,225 + $36,979
$101,204
2022
$1,835 (+3.6%)
$61,250 + $33,993
$95,243
2021
$1,771 (+6.3%)
$52,500 + $28,567
$81,067
2020
$1,666 (+5.0%)
$43,750 + $26,997
$70,747
2019
$1,587 (+4.8%)
$42,000 + $27,032
$69,032
2018
$1,514 (+3.0%)
$42,000 + $25,739
$67,739
2017
$1,470 (+2.2%)
$32,340 + $24,465
$56,805
2016
$1,438
$29,327 + $24,237
$53,564
2015
$1,438 (+3.0%)
$24,696 + $23,788
$48,484
2014
$1,396
$19,600 + $23,616
$43,216
Public record
Public record
Zoning
Permits
Beds
9
Baths
5.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1966
Finished Sq. Ft.
3,510
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,510
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Washoe County
APN
007-111-07
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
MF-14
WU
Multi-Family Residential District
The MF-14 district is intended to accommodate single-family residential development and lowdensity multi-family residential development such as duplexes, triplexes, fourplexes, townhomes, and small multi-family buildings. Secondary uses include parks, schools, and community gardens. This zoning district is appropriate adjacent to single-family zoning and can serve as a transition to higher-intensity multi-family, Urban Districts, and Employment Districts.
Zone overlays
West University Neighborhood Planning Area Overlay District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Recreation
Housing-Mobile home park
Park & open space
Oct 8, 2024 • Final
Residential remodel & addition
Remodel a multi-family property.
Remodel
Feb 8, 2024 • Final
Residential demolition
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
34% chance of being in a wildfire in next 30 years
4/10 Heat Factor
6 days above 94° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
15 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89503
Average low and high temperatures (°F)
49
26
53
31
62
37
63
38
74
47
85
56
91
60
89
57
81
52
68
42
55
34
51
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 6% for direct sun exposure in Reno. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1104 Ralston St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $860,000 and $1,500,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $860K to $1.5M.