USANVRenoMeadow View Addition943 S Wells Ave
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943 S Wells Ave, Reno, NV

House

For Sale

Listed price in listed location currency (USD).
$1,000,000

640

MLS® 260000599

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes $1,138
Days Active 108
Lot Size 
Approx. Age 1945
MLS® Number 260000599

Property Address: 943 S Wells Ave, Reno, NV, 89502-2521

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number260000599
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
Basement
DrivewayVaries by Unit
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$1,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
943 S Wells Ave, Reno, NV

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