$835,000

1127 Codel Way Reno, NV 89503

$9,916
Closing credit¹
4 beds
2 full, 1 partial
1,876 sqft
0.2 acres
$445 / sqft
House

Property details

About 1127 Codel Way

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 conveniences like newer HVAC and an updated kitchen. The multifamily zoning only blocks from UNR 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 on a 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. The one bedroom/one bath ADU 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.

Highlights

Home typeSingle Family Residence
HeatingElectric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,876 sqft
Lot size0.22 Acres
Year built1930
MLS #250005802
ViewCity, Mountain(s)

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Porcelain, Wood
  • Interior: Kitchen Island, Pantry, Smart Thermostat
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: None
  • View: City, Mountain(s)
  • Exterior: None, Fully Fenced
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • List Price: $835,000
  • Price/SqFt: $445
  • Annual Tax Amount: $1,243
  • Tax Year: 2023
  • Lot: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Directions: 11th to Codel
  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,876 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 250005802
  • Office Name: Dickson Realty - Downtown
  • Office Phone: (775) 324-7000
  • Listing Agent: Samantha Reveley

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with stucco siding and a fenced front yard

$835,000

1127 Codel Way

$9,916

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 1990
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2023$70,769$1,243
2022$56,884$1,208
2021$46,501$1,173
2020$45,952$1,173
2019$43,435$1,050
2018$36,400$1,020
2017$33,462$989

History based on county public records data.

Nearby schools

6

Peavine Elementary School

Public District KG-5

0.6 mi

1601 Grandview Ave

8

Coral Academy Elementary School

Public Charter KG-4

0.9 mi

1701 Valley Rd

6

Dorothy Lemelson S.T.E.M. Academy Elementary School

Public District KG-5

0.9 mi

2001 Soaring Eagle Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,919. Residents of Reno, NV typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

84%
Single, No Kids
4%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
74%
18-34 yrs old
16%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1127 Codel Way

The listing price of 1127 Codel Way property is $835,000.

The property 1127 Codel Way is a house located in Reno, Nevada, 89503.

Active Listing: 1127 Codel Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1127 Codel Way are: Peavine Elementary School (GreatSchools Rating 6/10), Coral Academy Elementary School (GreatSchools Rating 8/10), Dorothy Lemelson S.T.E.M. Academy Elementary School (GreatSchools Rating 6/10), Archie Clayton Middle School (GreatSchools Rating 7/10), Coral Academy Middle School (GreatSchools Rating 6/10), Fred W. Traner Middle School (GreatSchools Rating 3/10), The Davidson Academy of Nevada (GreatSchools Rating 10/10), Innovations High School (GreatSchools Rating 1/10), Reno High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,243 (source: MLS/based on county public records data).

The last sale was on October 5, 1990 for $120,000 (source: MLS/tax record).

The property at 1127 Codel Way has 4 bedrooms and 2 full and 1 half bathrooms.

The property 1127 Codel Way is 1,876 SqFt (source: MLS/tax record).

The year of construction for 1127 Codel Way is 1930.

This home is located at 1127 Codel Way in Reno, NV and zip code 89503 in the West University neighborhood. This 1,876 square foot home, which was built in 1930, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $835,000.

In April 2025 more than 45 listings in Reno, NV were sold above the asking price. During the same period more than 88 listings were sold at asking price, while more than 154 were sold below. Between March and April 2025, Reno, NV real estate market has seen increase in the number of listings by 11.8%. In April 2025, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $578,091.

From Rocket Homes Real Estate and based on county public records data.

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