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.
Explore the local neighborhood highlights and top-rated schools near 89503 in Reno, NV.
Source: School Digger
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Reno, NV area.
Source: Sperling's Best Places
74/100
Very Walkable
Walk Score ®
50/100
Good Transit
Transit Score ®
75/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
17 nearby routes: 17 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 24/100, Bike Score: 41/100.
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Source: Realty.com
1127 Codel Way, Reno, NV 89503 in University Terrace, Reno, NV 89503 is a single family listed at $795,000. Highlights include 4 bedrooms, 3 bathrooms, 1,876 sq. ft., built in 1930, 0.22 acre lot, $424 per sq. ft.. Realty.com has 40 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 40 photos of 1127 Codel Way.
Our records indicate that 1127 Codel Way was built in 1930.
The full address for this home is 1127 Codel Way, Reno, NV 89503.
1127 Codel Way has been listed on Realty.com since Fri May 02, 2025
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 24/100, Bike Score: 41/100.
There are 3 schools assigned to this home. Check out the schools near 1127 Codel Way. Elmcrest Elementary School (Grades: PK - 6), Archie Clayton Middle School (Grades: 6 - 8), Reno High School (Grades: 9 - 12)
Listing provided courtesy of:
Dickson Realty - Downtown
(tel: 775-324-7000)
Listing agent:
Samantha Reveley
(tel: 775-250-7789)
(#5994)
This content last refreshed on 2026-07-30 12:19:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
