1985 Valley Rd, Reno, NV 89512
Property image
Property image
SOLD
JUL 8, 2026

1985 Valley Rd
Reno, NV 89512

East University
  • 2 Beds
  • 1 Bath
  • 1,407 sqft

$265,000

Last Sold: Jul 8, 2026
$188/sqft
Est. Refi. Payment $1,509/mo*

$265,000

Last Sold: Jul 8, 2026
$188/sqft
Est. Refi. Payment $1,509/mo*
2 Beds
1 Bath
1,407 sqft

Local Information

  • Map ViewExplore the area around 1985 Valley Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 26

Property Information

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

Price & Status

Price
List Price: $265,000Price Per Sqft: $188/sqft
Status Change & Dates
Off Market Date: Wed Jul 08 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Reno
School Information
Elementary School: Sierra VistaJr High / Middle School: TranerHigh School: Hug

Building

Building Area
Building Area: 1407 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: Cash

Miscellaneous

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

DatePriceEventSource
07/08/2026$265,000Sold
NNRMLS #260007538
06/22/2026$265,000ContingentNNRMLS #260007538
06/12/2026$265,000Listed For SaleNNRMLS #260007538
09/16/2025$250,000Sold
N/A
01/13/2021$243,000Sold
NNRMLS #200006182
06/17/2020$243,000PriceChange
Agent Provided
05/16/2020$265,000Listed For SaleAgent Provided
02/01/2020$254,845ListingRemovedAgent Provided
12/14/2019$254,845PriceChange
Agent Provided
12/08/2019$254,897PriceChange
Agent Provided
12/07/2019$254,845PriceChange
Agent Provided
12/04/2019$254,569PriceChange
Agent Provided
12/01/2019$234,119PriceChange
Agent Provided
11/29/2019$233,885PriceChange
Agent Provided
11/25/2019$232,747PriceChange
Agent Provided
11/24/2019$232,681PriceChange
Agent Provided
11/21/2019$232,242PriceChange
Agent Provided
11/18/2019$231,514PriceChange
Agent Provided
11/17/2019$231,448PriceChange
Agent Provided
11/14/2019$236,829PriceChange
Agent Provided
11/13/2019$237,026PriceChange
Agent Provided
11/12/2019$236,825PriceChange
Agent Provided
11/10/2019$236,856PriceChange
Agent Provided
11/09/2019$236,803PriceChange
Agent Provided
11/06/2019$237,264PriceChange
Agent Provided
11/04/2019$237,240PriceChange
Agent Provided
11/03/2019$237,524Listed For SaleAgent Provided
07/30/1999$102,500Sold
N/A

Market trends in Reno

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$8.33K
MoM
Sale-to-List Price
99.8%
0.2%
MoM
Price per sq ft
$331
$6
MoM
Available listings
1105
26
MoM
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Property Tax and Assessment

Year2026
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

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Assigned Schools

These are the assigned schools for 1985 Valley Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Cobsky69
    "Lots of traffic congestion on most areas in the city🤓"
  • Yessy Merriott
    "I lived here most of my life it’s clean and friendly but HOA is horrible over pricing and not many pools or safe system. "
  • Sarah W.
    "Very close to UNR. Grocery stores 10 minutes in each direction. Can get to downtown in about 10 minutes or less. Little to no traffic. "
  • Abbey A. C.
    "These neighborhoods aren’t the best for kids. It is a bit on the under privileged side and no one really takes care of their years let alone the neighborhood."
  • TJ A. R.
    "Very nice home in an ok area but the areas in the world are what you make of them! Everyone has the ability to create there own wonderland so get it while it’s hot!"
  • Annette B.
    "I used to live here and really loved the area. Shopping and Restaurants are close and the Bus stops in front of the development of Quail Run."

LGBTQ Local Legal Protections

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Homes for sale near 1985 Valley Rd

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Off Market Homes Near 1985 Valley Rd

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