1985 Valley Rd
Reno, NV 89512
East University- 2 Beds
- 1 Bath
- 1,407 sqft
2 Beds
1 Bath
1,407 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1946
Living Area
1,407 sqft
Price/Sqft
$188/sqft
Parking
None
Description
Investor opportunity! This property offers tremendous potential for investors, flippers, and contractors. This property boasts MF30 zoning allowing for potentially up to 4 units (buyer to verify). Originally a 2-bedroom, 1-bath home, the seller began redesigning the layout with a plan to create a duplex with a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. The proposed redesign would add approximately 400 square feet to the existing 1,407 square feet. The property features a newer roof, new windows, and partial siding replacement. Bring your vision and unlock this property's potential.
1985 Valley Rd, Reno, NV 89512 is a 2 bedroom, 1 bathroom, 1,407 sqft single-family home in East University, built in 1946. It last sold for the $265,000 asking price on Jul 8, 2026. It is currently off market. The Trulia Estimate is $265,000, with a rent estimate of $2,001/month.
Home Details for 1985 Valley Rd
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1407 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water AvailableAppliances: NoneLaundry: None |
Heating & Cooling Heating: NoneHas CoolingAir Conditioning: Central AirNo Heating |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningSpa: NoneHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Vinyl FramesFlooring: Luxury Vinyl, WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Luxury Vinyl, Wood |
View No View |
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Exterior Home Features Roof: Composition Pitched ShinglePatio / Porch: None, PatioFencing: Back YardOther Structures: Shed(s)Exterior: NoneFoundation: Crawl SpaceNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Frontage Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 26 |
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Year Built Year Built: 1946 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New Construction |
Property Information Parcel Number: 00704002 |
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Price List Price: $265,000Price Per Sqft: $188/sqft |
Status Change & Dates Off Market Date: Wed Jul 08 2026Possession Timing: Close Of Escrow |
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Direction & Address City: Reno |
School Information Elementary School: Sierra VistaJr High / Middle School: TranerHigh School: Hug |
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Building Area Building Area: 1407 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 7405.2 sqft |
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Listing Terms: Cash |
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Mls Number: 260007538 |
Last check for updates: about 16 hours ago
Listed by Wesley Pittman B.1003065, (775) 908-7775
TrueNest Properties
Grecia Cardona S.198982, (775) 722-8672
TrueNest Properties
Bought with: Kyla Bevel B.146350, (775) 287-1757, Key Collective
Source: NNRMLS, MLS#260007538

Price History for 1985 Valley Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/08/2026 | $265,000 | Sold | NNRMLS #260007538 |
| 06/22/2026 | $265,000 | Contingent | NNRMLS #260007538 |
| 06/12/2026 | $265,000 | Listed For Sale | NNRMLS #260007538 |
| 09/16/2025 | $250,000 | Sold | N/A |
| 01/13/2021 | $243,000 | Sold | NNRMLS #200006182 |
| 06/17/2020 | $243,000 | PriceChange | Agent Provided |
| 05/16/2020 | $265,000 | Listed For Sale | Agent Provided |
| 02/01/2020 | $254,845 | ListingRemoved | Agent Provided |
| 12/14/2019 | $254,845 | PriceChange | Agent Provided |
| 12/08/2019 | $254,897 | PriceChange | Agent Provided |
| 12/07/2019 | $254,845 | PriceChange | Agent Provided |
| 12/04/2019 | $254,569 | PriceChange | Agent Provided |
| 12/01/2019 | $234,119 | PriceChange | Agent Provided |
| 11/29/2019 | $233,885 | PriceChange | Agent Provided |
| 11/25/2019 | $232,747 | PriceChange | Agent Provided |
| 11/24/2019 | $232,681 | PriceChange | Agent Provided |
| 11/21/2019 | $232,242 | PriceChange | Agent Provided |
| 11/18/2019 | $231,514 | PriceChange | Agent Provided |
| 11/17/2019 | $231,448 | PriceChange | Agent Provided |
| 11/14/2019 | $236,829 | PriceChange | Agent Provided |
| 11/13/2019 | $237,026 | PriceChange | Agent Provided |
| 11/12/2019 | $236,825 | PriceChange | Agent Provided |
| 11/10/2019 | $236,856 | PriceChange | Agent Provided |
| 11/09/2019 | $236,803 | PriceChange | Agent Provided |
| 11/06/2019 | $237,264 | PriceChange | Agent Provided |
| 11/04/2019 | $237,240 | PriceChange | Agent Provided |
| 11/03/2019 | $237,524 | Listed For Sale | Agent Provided |
| 07/30/1999 | $102,500 | Sold | N/A |
Market trends in Reno
Last updated June 2026
Avg. sale price
$569K
$8.33KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$331
$6MoM
Available listings
1105
26MoM
Property Tax and Assessment
| Year | 2026 |
|---|---|
| Tax | $729 |
| Assessment | $142,321 |
Home facts updated by county records
Comparable Sales for 1985 Valley Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $250,000 | 08/21/25 | 2 | 1 | 848 | |
0.23 | Single-Family Home | $372,000 | 06/03/26 | 2 | 1 | 960 | |
0.19 | Single-Family Home | $375,000 | 12/17/25 | 4 | 1 | 1,160 | |
0.29 | Single-Family Home | $200,000 | 07/30/25 | 2 | 1 | 822 | |
0.23 | Single-Family Home | $400,000 | 03/20/26 | 3 | 1 | 1,160 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1985 Valley Rd.
What Locals Say about East University
At least 62 Trulia users voted on each feature.
86 % Say car is needed
78 % Say there are sidewalks
69 % Say it's dog friendly
62 % Say yards are well-kept
62 % Say there's holiday spirit
60 % Say parking is easy
56 % Say kids play outside
55 % Say streets are well-lit
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
42 % Say they plan to stay for at least 5 years
41 % Say people would walk alone at night
41 % Say it's quiet
36 % Say neighbors are friendly
31 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 1985 Valley Rd
Off Market Homes Near 1985 Valley Rd

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