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.
Property Details
Price:
$835,000
MLS #:
250005802
Status:
Active
Beds:
4
Baths:
2.5
Address:
1127 Codel Way
Type:
Single Family
Subtype:
Single Family Residence
City:
Reno
Listed Date:
May 2, 2025
State:
NV
Finished Sq Ft:
1,876
Total Sq Ft:
1,876
ZIP:
89503
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1930
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Schools
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
Reno
Interior
Appliances
Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric, Refrigerated
Flooring
Porcelain, Wood
Heating
Electric, Forced Air, Natural Gas
Laundry Features
Laundry Area
Exterior
Association Amenities
None
Construction Materials
Stucco
Exterior Features
None
Parking Features
None
Roof
Composition, Pitched, Shingle
Security Features
Smoke Detector(s)
Financial
Taxes
$1,341
Map
Community
- Address1127 Codel Way Reno NV
- CityReno
- CountyWashoe
- Zip Code89503
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1127 Codel Way
Reno, NV
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