$495,000
Active
1138 Codel Way
Reno, NV 89503
STR Status Unknown
2
Beds
·
1.0
Baths
·
1,295
Sq Ft
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About This Property
Charming brick bungalow with a fantastic location near the University! New interior paint and newly refinished classic hard wood floors, and an additional 272 sq. ft. unfinished basement for added storage/utility. Positioned on a well sized lot, plenty of parking, and a detached 1-car garage. Great backyard space for entertaining.. Roof replaced 2022. Furnace replaced 2015.
Listed by Gino Rossi — Ferrari-Lund Real Estate South
Listing Details
Status
Active
MLS #
260012212
Days on Market
18
Price/Sq Ft
$382
Property History
Sep 22, 2026
Listed for sale
$495,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
1,295
Lot Size
0.16 acres
Stories
1
Year Built
1929
Property Type
Single Family Residence
APN
007-112-15
Parking
Garage Spaces
1
Total Parking
4
Parking Features
Carport, Detached, Garage, Parking Pad, Tandem
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction
Brick, Frame
Roof
Composition, Pitched, Shingle
Foundation
Concrete Perimeter, Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Financial
Annual Tax
$1,316
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
Reno
STR Investment Analysis
STR analysis
STRUCTURAL SCORE
—
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$2,801 per month
Principal & interest
$2,503/mo
Property taxes
$110/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$188/mo
Estimated ~$1,800–$2,700/yr — get a local broker quote for accuracy.
Down payment
20% ($99,000)
Home price
$495,000
Loan details
30-yr fixed, 6.5%
