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$500,000
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Property Description
A rare opportunity in the heart of Old Southwest Reno! This expansive home is ready for a complete transformation, offering an exceptional combination of location, architecture, space, and a large corner lot. The home requires a full renovation, but the bones and character are here to create something truly special. Architectural details include soaring, open-beam wood ceilings, large living spaces, and an incredible second-story retreat with vaulted wood ceilings, expansive windows, a massive bathroom, and walk-in closet. Formerly the primary suite, this remarkable space could become a spectacular studio, office, gym, additional living area, or a combination of these! The home's current bedroom count doesn't begin to capture its potential. With substantial square footage and multiple areas to reconfigure, there are numerous possibilities for creating additional bedrooms and customized living spaces. A new roof has recently been installed, and the home has been converted to natural gas. Outside, the oversized corner lot offers flat, usable front and rear yards and a 2-car carport, with potential for a future garage. Just minutes from Coffeebar, Midtown, and the many shops, restaurants, and amenities that make Old Southwest one of Reno's most desirable neighborhoods. IMPORTANT: Power and water are currently disconnected. The property requires extensive renovation and is being sold strictly AS-IS. CASH BUYERS ONLY. Bring your vision, contractor, and creativity; this is a chance to transform a truly unique property in an exceptional location.
Full Property Details
Full Property Details for 508 Modoc St
General
- Price: $500,000
- Taxes: $1,522
- Status: Active
- Type: Single Family
- Source: 2502
- MLS ID: 260012382
- Updated: 10/4/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Breakfast Bar, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Insert, Wood Burning Stove
- Appliances: None
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Cabinets, Laundry Room, Washer Hookup
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport Spaces: 2
- Total Spaces: 3
- Parking Features: Carport, Detached, Parking Pad
Location
- County: Washoe
- Subdivision: Hamlin
School Information
- Elementary School: Mt. Rose
- Middle School: Swope
- High School: Reno
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Cellular Coverage
Structural Information
- Roof: Composition, Pitched, Shingle
- Common Walls: No Common Walls
- Windows: Double Pane Windows, Metal Frames, Skylight(s), Wood Frames
- Stories/Levels: 2
- Building Size: 2062
- Square Feet: 2,062
- Living Area: 2,062 Sq. Ft.
- Year Built: 1942
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,489
- Frontage: City Street, Public
- Road Maintenance: Public Maintained Road
- Lot Features: Level
- Zoning: SF8
- Fencing (Description): Full
Financial Considerations
- Price Per Sq. Ft.: $242.48
- Tax Amount: $1,522.19
- Terms: 1031 Exchange, Cash
Disclosures and Reports
- Special Conditions: Standard
- APN: 014-202-07
Listed by Redfin, Alicia Gardner (775) 250-8915
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Schools
Schools serving 508 Modoc St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Mount Rose Elementary School 915 Lander Street, Reno, NV 89509 | K-5 | 0.5 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.8 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 1 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 508 Modoc St
Date
Details
Price
Change
Source
9/25/2026
Listed
$500,000
—
MLS
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 508 Modoc St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,643
8%
$73,079
1%
2025
$1,522
8%
$72,611
7%
2024
$1,411
9%
$67,897
3%
2023
$1,291
8%
$65,726
17%
2022
$1,196
8%
$56,120
24%
2021
$1,109
—
$45,315
1%
2021
$1,109
12%
$44,994
9%
2019
$993
5%
$41,272
11%
2018
$944
4%
$37,265
1%
2017
$908
2%
$36,975
—
2016
$886
—
$37,045
33%
2015
$884
3%
$27,820
12%
2014
$858
—
$24,784
—
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 508 Modoc St
508 Modoc Street, Reno, NV 89509 (MLS# 260012382) is a Single Family property with 2 bedrooms and 3 full bathrooms. 508 Modoc Street is currently listed for $500,000 and was received on September 25, 2026. Want to learn more about 508 Modoc Street? 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.

