943 S Wells Avenue, Reno, NV

$925,000

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6

Beds

4

Baths

0.16

Acres

About 943 S Wells Avenue

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 of 943 S Wells Avenue

MLS® # 260000599
Price $925,000
Bedrooms 6
Bathrooms 4.00
Acres 0.16
Year Built 1945
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 943 S Wells Avenue
Area 89502
City Reno
County Washoe
State NV
Zip Code 89502

Amenities

Utilities Sewer Connected
Parking Varies by Unit
Has Pool No
Pool None

Interior

Appliances Refrigerator, Washer
Heating Mini Split(s)
Fireplace No

Exterior

Exterior Features None
Lot Description Open Lot
Windows Vinyl Frames
Roof Composition
Construction Brick Veneer
Foundation Concrete Perimeter

School Information

Elementary Veterans
Middle Vaughn
High Wooster

Additional Information

Date Listed January 16th, 2026
Zoning GC
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarmot Properties, LLC

Listing Map

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