$795,000
 $4,268 est/mo Sourced by Back At You

1127 Codel Way,Reno, NV 89503

Reno, NV 89503

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Description

Welcome to 1127 Codel, a captivating 1930s historical gem nestled in the heart of University Terrace. This classic three-bedroom, one & a-half bathroom home retains its original charm, offering a unique blend of vintage allure and modern updates. The multifamily zoning only blocks from UNR + an updated 1/bed/1bath guest house/Air BnB provide a unique opportunity for owners and investors alike. The home's interior exudes timeless elegance with original features such as an art deco fireplace, arched doorways, and original sconces. The sunny breakfast nook is your perfect spot for morning coffee, while a bonus room and separate office/library offer versatile spaces for study, work, or leisure. Enjoy outdoor living in the large yard ideal for gardening enthusiasts or entertain on the rooftop deck with panoramic views of downtown and the surrounding mountains. Resting on a generous 9,588-square-foot lot with multifamily zoning, this property presents a remarkable opportunity to potentially construct 1 or 2 additional units or even a guest house; maximizing investment potential. There is a one bedroom/one bath guest/in-laws unit that was updated in 2017 and has great rental history as an AirBNB, walking distance to UNR's dynamic campus. With updated essentials including a newer sewer line and all new HVAC in 2017, this home is ready for the modern resident. A large basement provides tons of extra storage and an additional laundry area. Embrace the past while enjoying the present in this rare offering at 1127 Codel, where history and opportunity await.

Details

MLS #250005802
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1930
Days On Site48
Listing Provided ByDickson Realty - Downtown | Samantha Reveley

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet1,876
Story(s)2
ZoningMF14
Acreage0.22
Property ViewYes

Interior

HeatingForced Air, Natural Gas
Heating Yes / NoYes
CoolingCentral Air, Electric, Refrigerated
Cooling Yes / NoYes
Window FeaturesBlinds, Drapes, Single Pane Windows, Wood Frames
Interior FeaturesCeiling Fan(s), Smart Thermostat
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Fireplace FeaturesWood Burning
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

RoofComposition, Pitched, Shingle
Exterior FeaturesNone
Security FeaturesSmoke Detector(s)
Lot FeaturesLandscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction MaterialsPlaster, Stucco
Road ResponsibilityPublic Maintained Road
Foundation DetailsBrick/Mortar, Crawl Space, Stone
FencingFull

Parking

Parking FeaturesAttached
Garage Yes / NoNo
Attached Garage Yes / NoYes

Utilities

UtilitiesCable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
SewerPublic Sewer

Location

Senior Community Yes / NoNo

Taxes

Property1340

Market Activity 89503

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Learn More About This Property

StateNV
CountyWashoe
CityReno
Zip Code89503
AreaWashoe
Community NameUniversity Terrace
School DistrictReno
Elementary SchoolElmcrest
Middle SchoolClayton
High SchoolReno
Listing VS Median (in University Terrace)
Price:
$795,000
low | high
Med:
$625,000
71.383647798742% of Average
SqFt:
1,876
low | high
Med:
1,208
85.607675906183% of Average
$ / SqFt:
$424
low | high
Med:
$511
29.313706545548% of Average
On site:
48
low | high
Med:
21.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $596K - $993K
SqFt: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1356 Ridgeway Court Property Photo 1
$775,000
1356 Ridgeway Court
Reno, NV 89503
Listing Updated: June 11, 2025 at 11:55:16 AM PDT