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128 Keystone Ave, Reno, NV, 89503

2beds
1baths
784sqft
$420,000
$536price/sqft
$2,950/moest. monthly cost
$118,000/yrincome needed

About This Home

Located within Reno's Opportunity Zone, 128 Keystone offers incredible flexibility and potential. This charming 2-bedroom, 1-bath home also features a bonus office/utility room, making it ideal for a variety of uses. Zoned Mixed Use, the property provides the rare opportunity to operate a business, invest, or enjoy it as a single-family residence. Full of character, the home showcases classic brick siding, updated windows, custom window coverings, a built-in entertainment center, and abundant cabinetry throughout. An unfinished basement provides additional storage space, while the detached shed offers even more room for tools, equipment, or hobbies. With ample on-site parking and a highly versatile zoning designation, this property combines affordability, functionality, and future potential in a convenient Reno location.

Getting Around

93
WalkingWalker's Paradise
47
TransitSome Transit
82
BikeVery Bikeable

Schools

9/10
6/10
7/10
Reno High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Concrete Perimeter,Crawl Space,Full Perimeter,Pillar/Post/Pier
  • Roof: Composition,Pitched,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Laundry Room,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),No Interior Steps,Master Downstairs,Smart Thermostat
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 784
  • Total interior livable area: 784 sqft

Property

Details

  • Parcel number: 01101214
  • Zoning: MD-PD

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Covered,Patio
  • Exterior features: None
  • Spa features: None
  • Fencing: Back Yard

Lot

  • Lot size: 6,969 sqft
  • Features: Level

Parking

  • Total spaces: 10
  • Parking features: Additional Parking,Alley Access,Parking Pad,RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Nevada Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,123$25,476
Home Insurance $93$1,116
Property Taxes $542$6,504
Electricity $192$2,306
Total$2,950$35,400

Income You'd Need if You Spent...

35% on housing$101,142/yr
40% on housing$88,500/yr
45% on housing$78,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$536This listing

vs Other Active Listings

Avg $/sqft

ZIP 89503$202
Washoe County$407

vs Homes Sold Last Month

Median $/sqft

ZIP 89503$332
Washoe County$314

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Contingent$420,000
2026-08-08Listed for sale$420,000
2026-08-04Contingent$420,000
2026-07-12Price change$420,000
2026-06-11Listed for sale$425,000
2014-05-05Sold$90,000
2014-02-23Listed for sale$99,000
2014-01-01Listing removed$110,000
2013-10-23Price change$110,000
2013-09-14Listed for sale$125,000
1994-04-29Sold$75,000

For Sale by Agent

AgentTammie Cox
BrokerageChase International-Damonte

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