Nevada Township covers an area of 34.3 square miles (89 km2) and contains the incorporated town of Nevada. According to the USGS, it contains three cemeteries: Nevada Cemetery, Mound Cemetery and Pleasant Run Cemetery.
U.S. Route 30 runs east-west through the township and County Road S27 runs north-south.
Story County maintains Hickory Grove Park, a 445-acre (1.801 km2) multiple-use recreational area located in eastern Nevada Township. The park contains a 98-acre (397,000 m2) lake stocked with largemouth bass, bluegill, crappie, channel catfish, and grass carp.