Residential · Single Family Residence

1369 Faland Way, Reno, NV 89503

Reno, NV 89503 · University Terrace

$970,000

MLS# 260012416

Active
9
Beds
6
Baths
4,111
Sq Ft
0.14 ac
Lot
1941
Built

About This Property

Rare opportunity in central Reno! 1369 Faland Way comes with an approved Special Use Permit for boarding/rooming house use with up to 15 beds, and the City of Reno has confirmed the permit runs with the property, not the owner. This spacious home offers 9 bedrooms and 6 bathrooms, giving you plenty of room and flexibility for a wide range of uses. At the heart of the home is a very large kitchen built to handle a full house, plus two additional kitchenettes that add convenience and help spread out daily use. A separate office/flex space works well as a management office, study area, or extra common room. Parking includes 4 drive spaces, plus ample street partking, a real plus for a property of this size. Conveniently located near hospitals, bus lines, UNR, downtown, and restaurants. Opportunities like this with an existing Special Use Permit in place are hard to find. Buyer to verify all zoning, permit terms, and intended use with the City of Reno. Showings available by appointment. Do not bother tenants. Please call listing agent.

Property Details

TypeResidential
Bedrooms9
Bathrooms6
Living Area4,111 sq ft
Lot Size0.14 ac
Year Built1941
Stories2
Fireplaces1
HeatingForced Air, Natural Gas
CoolingCentral Air, Mini Split
FlooringCarpet, Tile, Vinyl
RoofComposition, Pitched
LaundryIn Hall
ParkingAdditional Parking
Style2 Story
SubdivisionUniversity Terrace
CountyWashoe
Parcel #007-101-03
ZoningSFR
Taxes$4/yr
Price/Sq Ft$236/sq ft
Days on Market2
Listing Terms1031 Exchange, Cash, Conventional, FHA, VA Loan

Additional Features

Ceiling Fan(s) High Ceilings Kitchen Island
Dishwasher Disposal Dryer Gas Range Microwave Refrigerator Washer
Balcony
Wood Siding Slab Composition Pitched
Cable Available Electricity Available Electricity Connected Internet Available Internet Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Available Sewer Connected Water Available Water Connected Cellular Coverage Public Public Sewer Gas
Level
Keyless Entry Smoke Detector(s)

Schools

ElementaryPeavine
Middle SchoolClayton
High SchoolReno

Location

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Data last updated on Sep 27, 2026.
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Listing provided by: Jacqueline Mead · Sierra Sotheby's International
$970,000 1369 Faland Way, Reno, NV 89503