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$420,000
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Property Description
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.
Full Property Details
Full Property Details for 128 Keystone Ave
General
- Price: $420,000
- Taxes: $673
- Status: Under Contract
- Type: Single Family
- Source: 2502
- MLS ID: 260007491
- Updated: 8/12/2026
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), No Interior Steps, Primary Downstairs, Smart Thermostat
- Appliances: Electric Range, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room, Washer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Porch, Covered, Patio
Parking
- Total Spaces: 10
- Parking Features: Additional Parking, Alley Access, Parking Pad, RV Access/Parking
Location
- County: Washoe
- Subdivision: Powning Addition
School Information
- Elementary School: Hunter Lake
- Middle School: Swope
- High School: Reno
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Basement - Unfinished
- Roof: Composition, Pitched, Shingle
- Common Walls: No Common Walls
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Building Size: 784
- Square Feet: 784
- Living Area: 784 Sq. Ft.
- Year Built: 1924
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,013
- Frontage: Public
- Road Maintenance: Public Maintained Road
- Lot Features: Level
- Zoning: MD-PD
- Fencing (Description): Back Yard
Financial Considerations
- Price Per Sq. Ft.: $535.71
- Tax Amount: $673.18
- Terms: 1031 Exchange, Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- APN: 011-012-14
Listed by Chase International-Damonte, Tammie Cox (775) 742-5846
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Schools
Schools serving 128 Keystone Ave
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Hunter Lake Elementary School 909 Hunter Lake Drive, Reno, NV 89509 | K-5 | 1 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.5 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 Keystone Ave
Date
Details
Price
Change
Source
7/12/2026
Price Reduced
$420,000
-1.18%
MLS
6/11/2026
Listed
$425,000
372.22%
MLS
4/08/2014
Sold
$90,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 128 Keystone Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$509
-26%
$44,187
-4%
2025
$685
8%
$46,031
2%
2024
$636
3%
$44,925
2%
2023
$619
-2%
$44,001
14%
2022
$629
8%
$38,652
58%
2021
$584
—
$24,473
-11%
2021
$584
9%
$27,468
8%
2019
$538
5%
$25,346
31%
2018
$514
4%
$19,361
7%
2017
$496
6%
$18,143
6%
2016
$470
1%
$17,070
14%
2015
$466
2%
$14,968
8%
2014
$455
—
$13,838
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 128 Keystone Ave
128 Keystone Avenue, Reno, NV 89503 (MLS# 260007491) is a Single Family property with 2 bedrooms and 1 full bathroom. 128 Keystone Avenue is currently listed for $420,000 and was received on June 11, 2026. Want to learn more about 128 Keystone Avenue? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

