943 S Wells Ave

Reno, NV 89502

$1,150,000
Price
4
Beds
2
Baths
2,009 Sq. Ft.
$572 / Sq. Ft.
2,009
Sq. Ft.
$572
per Sq. Ft.
1-web-or-mls-943 S Wells Drone-2
35-web-or-mls-943 S Wells-24
34-web-or-mls-943 S Wells-23
24-web-or-mls-943 S Wells-13
26-web-or-mls-943 S Wells-15
28-web-or-mls-943 S Wells-17
25-web-or-mls-943 S Wells-14
32-web-or-mls-943 S Wells-21
31-web-or-mls-943 S Wells-20
30-web-or-mls-943 S Wells-19
29-web-or-mls-943 S Wells-18
27-web-or-mls-943 S Wells-16
23-web-or-mls-943 S Wells-12
22-web-or-mls-943 S Wells-11
21-web-or-mls-943 S Wells-10
20-web-or-mls-943 S Wells-8
19-web-or-mls-943 S Wells-6
18-web-or-mls-943 S Wells-9
17-web-or-mls-943 S Wells-7
16-web-or-mls-943 S Wells-5
15-web-or-mls-943 S Wells-4
14-web-or-mls-943 S Wells-3
13-web-or-mls-943 S Wells-2
43-web-or-mls-943 S Wells
39-web-or-mls-943 S Wells-28
12-web-or-mls-943 S Wells Drone
11-web-or-mls-943 S Wells Drone-12
10-web-or-mls-943 S Wells Drone-11
9-web-or-mls-943 S Wells Drone-10
8-web-or-mls-943 S Wells Drone-9
7-web-or-mls-943 S Wells Drone-8
6-web-or-mls-943 S Wells Drone-7
5-web-or-mls-943 S Wells Drone-6
4-web-or-mls-943 S Wells Drone-4
3-web-or-mls-943 S Wells Drone-3
2-web-or-mls-943 S Wells Drone-5
42-web-or-mls-943 S Wells-31
37-web-or-mls-943 S Wells-26
41-web-or-mls-943 S Wells-30
40-web-or-mls-943 S Wells-29
33-web-or-mls-943 S Wells-22
38-web-or-mls-943 S Wells-27
36-web-or-mls-943 S Wells-25

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...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: 2 bedrooms + 2 bathrooms, currently rented on a month-to-month lease at 2,550/month Downstairs unit: 2 bedrooms + 1 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.
  1. Listed by Laura Kirsch • Brokerage DRE #B.145130 • Marmot Properties, LLC
    P: (775)-391-9076 laura@marmotproperties.com

Property Details for 943 South Wells Avenue

Zoning
GC
Subdivision Name
Meadow View Addition
Furnished
Unfurnished
LISTING UPDATED: 01/24/2026 11:51 PM

Property Details for 943 South Wells Avenue

StatusActive
MLS #260000599
Days on Compass10
Taxes$1,138 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1945
Lot Size0.16 AC / 7,013 SF
CountyWashoe County

Location

Listing Courtesy of Marmot Properties, LLC, Laura Kirsch, License #S.176875
Add your commute

Building Information for 943 South Wells Avenue

Stories2Residences2Year Built1945Building Size-Lot Size0.16 AC / 7,013 SF

Payment Calculator

$5,700 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 943 South Wells Avenue

Summary
Location and General Information
  • Latitude: 39.516603
  • Longitude: -119.803398
  • Address:Parcel Number: 013-163-09
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,138
  • Tax Legal:Neighborhood: Wells Avenue Neighborhood
  • Tax Legal:Elementary School: Veterans
  • Tax Legal:Middle Or Junior School: Vaughn
  • Tax Legal:High School: Wooster
  • Tax Legal:Tax Annual Amount: $1,138
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: GC
  • AssociationCommunity:Number Of Buildings: 1.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: No
  • Parking Features: Varies by Unit
  • Parking Features:Varies by Unit: Yes
School Information
  • Elementary School: Veterans
  • High School: Wooster
  • Middle Or Junior School: Vaughn
Property
Lot Information
  • Lot Features: Open Lot
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 7013.0
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2009.0
  • Lot:Lot Size Acres: 0.16
  • Lot:Lot Size Square Feet: 7013.0
  • Lot:Pool Private YN: No
  • Lot:Spa YN: No
  • Lot Features:Open Lot: Yes
Property and Assessments
  • Parcel Number: 013-163-09
  • Possession: Negotiable
  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Duplex
  • Number Of Buildings: 1
  • Possession:Negotiable: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Sewer Connected: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: No
  • Meter Information:One Primary Electric Meter YN: Yes
  • Meter Information:One Primary Gas Meter YN: Yes
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Patio And Porch Features: Patio
  • Stories: 2
  • Construction Materials: Brick Veneer
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Concrete Perimeter
  • Levels: Two
  • Other Structures: None
  • Roof: Composition
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Spa Features: None
  • Spa YN: No
  • Window Features: Vinyl Frames
  • Pool Private YN: No
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 2.0
  • Building:Outdoor Living Spaces YN: Yes
  • Building:ADA Compliant YN: No
  • Building:Units Furnished: None
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:None: Yes
  • Fencing:None: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Levels:Two: Yes
  • Other Structures:None: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Outdoor Living Spaces Features:Uncovered Patio: Yes
  • Pool Features:None: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Spa Features:None: Yes
  • Sprinklers:None: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Vinyl
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Number Of Units Vacant: 1
  • Number Of Units Mo Mo: 1
  • Number Of Units Leased: 1
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Refrigerator, Washer
  • Interior:Building Area Total: 2009.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Flooring:Vinyl: Yes
  • Interior Features:None: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Income and Expenses:Income Info Withheld YN: No
Multi Family Information
  • Units Furnished: None
  • Number Of Units Total: 2
  • Unit Details:Number Of Units Leased: 1
  • Unit Details:Number Of Units Month To Month: 1
  • Unit Details:Number Of Units Vacant: 1

Property History for 943 South Wells Avenue

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

NNRMLS #260000599

$1,150,000—
Aug 5, 2021

Sold (Public Record)

Public Record #1471172770

$400,000—
DateEvent & SourcePrice
01/16/2026

Listed (Active)

NNRMLS #260000599

$1,150,000
08/05/2021

Sold (Public Record)

Public Record #1471172770

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 943 South Wells Avenue

Taxable ValueLand$34,265Additions$24,026Total$58,291
Tax Record2025$1,138 ($95 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,009 SqFtAbove Grade Finished SqFt1,240 SqFtFinished Basement SqFt769 SqFtUnfinished Basement SqFt1,240 SqFtStories1Lot Size7,013 SqFtStyleSingle Family ResidenceYear Built1945ZoningGCCountyWASHOEAPN013-163-09

Schools near 943 South Wells Avenue

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Veterans Memorial Elementary School
Public - PK to 5
E Otis Vaughn Middle School
Public - 6 to 8
Earl Wooster High School
Public - 9 to 12
Washoe Innovations Academy
Public - PK to 12
Rating
School
Distance
Veterans Memorial Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster High School
Public9 to 12

Washoe Innovations Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 943 South Wells Avenue, Reno, NV 89502

943 South Wells Avenue is a multi-family home for sale in Reno, NV 89502. This property was listed for sale on January 16, 2026 by Marmot Properties, LLC, it's currently listed at $1,150,000. It has been on the market for a total of 10 days and was last sold on August 5, 2021. This listing's school district is Washoe County School District. Nearby schools include Veterans Memorial Elementary School, E Otis Vaughn Middle School and Earl Wooster High School. 943 South Wells Avenue is a 4-bed, 2-bath, 2,009 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marmot Properties, LLC, Laura Kirsch, License #S.176875

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.