PROBATE SALE Charming 2-bedroom, 1-bath home built in 1916 located in the heart of Midtown Reno. Situated within an Opportunity Zone and offering multi-use/commercial zoning, low taxes, this property presents excellent potential for homeowners, investors, or business use. Enjoy being just steps from Midtown's vibrant restaurants, bars, shops, and nightlife with the convenience of walking to some of Reno's most popular local spots. Full of character and centrally located in one of Reno's most energetic neighborhoods. Probate sale subject to court approval.
Active under contract-show
$355,000
127 Cheney St, Reno, NV 89501
2beds
786sqft
Est.:
Single Family Residence
Built in 1916
3,920.4 Square Feet Lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
Full of character
- 7 days |
- 997 |
- 28 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 07, 2026 at 03:00pm
Listed by:
Katrina Markussen S.181748 775-250-7797,
eXp Realty
Source: NNRMLS,MLS#: 260003953
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Floor Furnace, Forced Air, Natural Gas
Appliances
- Included: None
- Laundry: Cabinets, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), High Ceilings
- Flooring: Wood
- Windows: Blinds, Double Pane Windows, Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 786
- Total interior livable area: 786 sqft
Property
Parking
- Total spaces: 2
- Parking features: Alley Access
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Spa features: None
- Fencing: None
Lot
- Size: 3,920.4 Square Feet
- Features: Level
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 01123409
- Zoning: MU-MC
- Special conditions: Court Approval
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Unknown
- Foundation: Stone
- Roof: Shake
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage
Community & HOA
Community
- Subdivision: New Southside Addition
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $452/sqft
- Tax assessed value: $126,865
- Annual tax amount: $600
- Date on market: 4/4/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,901/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Contingent | $355,000$452/sqft |
Source:  NNRMLS #260003953 Report a problem | ||
| 4/4/2026 | Listed for sale | $355,000$452/sqft |
Source: NNRMLS #260003953 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $585 +2.8% | $44,403 +3% |
| 2024 | $569 +2.6% | $43,096 +1.6% |
| 2023 | $554 +3.3% | $42,424 +21% |
| 2022 | $537 +3.2% | $35,061 +33.7% |
| 2021 | $520 +3.1% | $26,229 +8.9% |
| 2020 | $504 -3% | $24,078 |
| 2019 | $520 +3.1% | $24,078 +23.3% |
| 2018 | $504 +9.8% | $19,526 +8.6% |
| 2017 | $460 | $17,982 +5.9% |
| 2016 | $460 | $16,977 +12.9% |
| 2015 | $460 +282.4% | $15,031 +18.8% |
| 2014 | $120 -73% | $12,651 +8.8% |
| 2013 | $445 | $11,625 |
| 2012 | -- | $11,625 +0.5% |
| 2011 | -- | $11,564 -16.2% |
| 2010 | -- | $13,798 -44.8% |
| 2009 | -- | $25,006 -16.3% |
| 2008 | -- | $29,879 |
| 2007 | -- | $29,879 +34% |
| 2006 | -- | $22,291 +3.2% |
| 2005 | -- | $21,605 +2.7% |
| 2004 | -- | $21,045 -0.4% |
| 2003 | -- | $21,125 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,856/mo
Principal & interest
$1726
Property taxes
$130
More affordability tools
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 1/10Libby C Booth Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10E Otis Vaughn Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Earl Wooster High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Booth
- Middle: Vaughn
- High: Wooster
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 89501
- Nevada
- Washoe County
- Reno
- 89501
- Midtown
- 127 Cheney St
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