Property Description

Prime Wells Avenue duplex in the heart of Reno, Nevada! This beautifully renovated 1945 brick duplex is a rare opportunity to own a cash-flowing income property in one of Reno’s most visible and high-demand corridors. Located on Wells Avenue, this property offers a unique combination of immediate rental income and future development potential, making it ideal for investors, owner-investors, or those looking for a value-add commercial redevelopment site. The property has been thoughtfully renovated and converted into a true two-unit duplex, with one unit on the main level and a second unit in the fully finished basement — each with private living space and strong rental appeal. Upstairs unit: 3 bedrooms + 2 bathrooms, currently rented on a month-to-month lease at 2,550/month Downstairs unit: 3 bedrooms + 2 bathroom, newly vacant and currently being marketed for rent at 1,750/month Situated on a 0.161-acre lot with prime frontage on Wells Avenue, this property is zoned GC (General Commercial) in Washoe County, opening the door to a wide variety of commercial and mixed-use possibilities. Even better — plans have already been created for an 8-unit apartment building to be built on the rear portion of the lot, giving investors a head start on future expansion and redevelopment. Whether you’re looking for a stabilized duplex, a Reno redevelopment opportunity, or a high-visibility commercial lot with existing income, this Wells Avenue property delivers a rare “best of both worlds” investment: rent now, build later. Endless potential in an unbeatable Reno location — schedule your private tour today.

Features
: Sewer Connected
: No
Address Map
US
NV
Washoe
Reno
Meadow View Addition
89502
Wells
943
0
W120° 11' 47.8''
N39° 30' 59.8''
Neighborhood
Veterans
Wooster
Vaughn
Additional Info
Marmot Properties, LLC
Laura Kirsch
01-16-2026 20:51:12
Active
01-16-2026
11532
1854-o
01-16-2026
$0
03-10-2026 20:13:08
2
$0
013-163-09
$0
$0

Residential Income Residential

943 Wells, Reno, Nevada 89502

0.16 Acre
$1,000,000
Listing ID #260000599
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 260000599
Serial Number : 20260116201433030619000000
Price : $1,000,000
View : Trees
Year Built : 1945
Lot Area : 0.16 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent