$495,000 Active
1138 Codel Way
Reno, NV 89503

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STR Status Unknown
2 Beds
·
1.0 Baths
·
1,295 Sq Ft
Virtual Tour

Our data on this home

Home insurance $1,800 – $2,700/yr Standard homeowners policy

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 26
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
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$1,800 – $2,700/yr
about $188/mo
Est. Rebuild Cost (Coverage A)
$543,900

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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%
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