Wells Avenue Neighborhood Homes under $800,000

Welcome to the Wells Avenue Neighborhood, a hidden gem nestled in the heart of Reno, Nevada! This charming community offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike. With its rich history and vibrant atmosphere, Wells Avenue is a neighborhood that truly feels like home.

One of the standout features of the Wells Avenue Neighborhood is its diverse array of homes, many of which are available for under $800,000. Whether you’re searching for a cozy bungalow, a modern townhouse, or a spacious family home, you’ll find a variety of options that cater to different tastes and lifestyles. The homes here boast character and charm, often featuring beautiful architectural details and inviting outdoor spaces perfect for enjoying Reno’s sunny climate.

Residents of Wells Avenue enjoy easy access to a plethora of local amenities, including parks, shops, and restaurants. The neighborhood is known for its friendly community atmosphere, where neighbors become friends and local events bring everyone together. Additionally, Wells Avenue is conveniently located near major transportation routes, making it easy to explore all that Reno has to offer, from its bustling downtown to the stunning nearby mountains.

If you’re looking for a vibrant neighborhood with affordable housing options, Wells Avenue is the perfect place to call home. Discover the charm and community spirit that this delightful neighborhood has to offer, and start your journey toward finding your dream home today!

Newest Wells Avenue Neighborhood Homes under $800,000

$605,000

3 Beds ⋅ 2 Baths ⋅ 260013436 MLS

This is your opportunity to own a beautifully remodeled duplex in the heart of Midtown! This property blends the charm and character of Midtown with the comfort and appeal of extensive modern updates. Both units have been thoughtfully refreshed with fresh interior and exterior paint, refinished hardwood floors, new carpet and LVP, and new appliances, countertops, cabinetry, window coverings, and then some. Major improvements include all-new electrical, including two new panels, along with a brand new water heater in each unit. The roof was replaced in 2023, adding further value and peace of mind. While the renovations bring a fresh, updated feel throughout, the property retains the distinctive Midtown charm that makes this area so desirable. Whether you're an investor seeking a rental income opportunity or an owner-occupant looking to live in one unit while renting the other, this versatile duplex offers exceptional potential in one of Reno's most recognizable neighborhoods.

417 Wheeler Ave, Reno

$300,000

2 Beds ⋅ 1 Baths ⋅ 260013368 MLS

Walk to Midtown's restaurants and shops, run errands in the Wells Avenue district. Close to healthcare services, including Veterans and Renown Hospitals. This 2 bedroom, 1 bath home offers 891 square feet in one of Reno's most walkable areas. Property needs a lot of TLC and the power is not on at this time. This property needs significant work, and that is reflected in the price. It is offered As-Is, making it well suited for investors, flippers, or buyers ready to build equity through their own improvements. Bring your plans, your contractor, and your vision. There is an older ADU in the backyard that caught fire and is boarded up for safety. This could be an investors dream.

729 Balzar Cir, Reno

$300,000

2 Beds ⋅ 1 Baths ⋅ 260013367 MLS

Walk to Midtown's restaurants and shops, run errands in the Wells Avenue district. Close to healthcare services, including Veterans and Renown hospitals. This 2 bedroom, 1 bath home offers 891 square feet in one of Reno's most walkable areas. Property needs a lot of TLC and the power is not on at this time, so view it during the day. This property needs significant work, and that is reflected in the price. It is offered As-Is, making it well suited for investors, flippers, or buyers ready to build equity through their own improvements. Bring your plans, your contractor, and your vision. This could be an investors dream project.

727 Balzar Cir, Reno

$425,000

260012823 MLS

INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 420 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. NOTE: One of the units has suffered fire damage/casualty and is currently non habitable/non rentable in need of significant restoration. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 452 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current "as-is" condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact listing agent for showings by appointment only.

420 Holcomb Ave, Reno

$499,000

260012822 MLS

INVESTOR SPECIAL | PRIME MIDTOWN LOCATION | VALUE-ADD OPPORTUNITY Bring your vision to 452 Holcomb Avenue, a rare value-add opportunity in the heart of Reno's highly sought-after Midtown district. Located just steps from some of Reno's best restaurants, bars, shopping, coffee shops, and local businesses, this property offers the ideal combination of location and upside for an investor, contractor, or experienced buyer looking for a true fixer-upper with significant potential. Situated on approximately 0.092 acres, the property consists of three separate buildings with three total units, each configured as a 1-bedroom, 1-bathroom residence. The property is currently in poor condition and requires substantial renovation, repairs, and deferred maintenance, making this an ideal project for a contractor or buyer capable of executing a comprehensive renovation strategy. The opportunity lies in the pro forma rental upside and all tenants are on month to month leases. With the right investment of capital and improvements, a buyer may be able to substantially enhance the property's condition, functionality, curb appeal, and overall rental performance while benefiting from the strong demand and established desirability of the Midtown submarket. The location is a major asset, with convenient access to Midtown's vibrant dining, entertainment, retail, and neighborhood amenities, as well as Downtown Reno and surrounding employment centers. Properties offering multiple units in this established Midtown setting are increasingly difficult to find—particularly opportunities where a buyer can create value through renovation. Additional opportunity: The neighboring property at 420 Holcomb Avenue is also owned by the same seller, creating the potential for an interested buyer to explore the acquisition of both adjacent properties and pursue a larger investment strategy. Property is being sold in its current condition. Buyer to independently verify all property details, zoning, allowable uses, rental potential, square footage, and development/renovation opportunities. Please do not disturb current tenants. Contact broker for more information and showing times.

452 Holcomb Ave, Reno

$550,000

5 Beds ⋅ 2 Baths ⋅ 260012548 MLS

Many homes on Wilkinson Avenue started out modest and compact. This one grew. A previous addition expanded the original floor plan, giving it more living space than most homes in the neighborhood and room the original design never offered. The next chapter was an interior remodel focused on the things you notice first and use every day. Fresh paint throughout gives every room a clean, bright start. The original hardwood floors have been refinished, bringing back the warmth and character of an older home, and new carpet adds comfort where you want something softer underfoot. A recently installed mini split provides efficient cooling and additional heating. The extra space gives you options: a room for every family member, a dedicated home office, a real guest room, or space for multiple generations under one roof. Life here is built around convenience. The VA Medical Center is within walking distance, a real advantage for veterans and those who work there. Renown Regional Medical Center and Saint Mary's are a short drive away. Assigned schools are Veterans Elementary, Vaughn Middle, and Wooster High. Shopping, dining, downtown Reno, the airport and freeway access are all nearby. The best way to see how this home fits your life is to walk through it. Call the listing agents for more information.

932 Wilkinson Ave, Reno

$399,900

3 Beds ⋅ 1 Baths ⋅ 260012408 MLS

Brand new Electrical Panel Just Installed!! Adorable and move-in ready! This charming 3-bedroom, 1-bath Reno home offers approximately 950 square feet with beautiful hardwood floors throughout. One of the highlights is the fabulous fully fenced backyard with plenty of lawn, room for gardens, and a covered patio perfect for outdoor dining, entertaining, pets, or simply relaxing. A one-car garage provides additional parking and storage, and the washer, dryer, and refrigerator are all included. Tucked away on a quiet street yet conveniently located near shopping, dining, and everyday amenities. A wonderful opportunity for a first-time buyer, downsizer, or anyone looking for a charming, easy-to-maintain home with exceptional outdoor space. Homes this cute don't come along often—come see it for yourself and make 1611 Stewart Street your new home!

1611 Stewart St, Reno

$475,000

2 Beds ⋅ 2 Baths ⋅ 260011132 MLS

Welcome to this charming Reno red brick home that beautifully blends classic character with modern updates throughout. The completely remodeled kitchen features stylish finishes and is complemented by fully remodeled bathrooms. Luxury vinyl plank flooring runs throughout the home, creating a clean, cohesive, and low-maintenance feel. Major improvements include new plumbing throughout the house, newer furnace and air conditioning, a newer roof, and new black exterior windows that add a modern touch while enhancing energy efficiency. Fresh interior and exterior paint give the home a crisp, updated appearance from top to bottom. Outside, enjoy a xeriscaped yard with a privacy fence, offering a low-maintenance outdoor space perfect for relaxing or entertaining. A convenient one-car garage provides secure parking and additional storage. With its classic brick exterior, extensive renovations, and desirable low-maintenance features, this home is truly move-in ready and a great opportunity in Reno.

360 Roberts St, Reno

$596,000

2 Beds ⋅ 1 Baths ⋅ 260007302 MLS

Historic Reno bungalow in the heart of Midtown district , just steps from local dining, shops, coffee, nightlife, and the Reno Public Market. This 1930s brick home offers 2 bedrooms, 1 bath, plus a bonus loft currently used as a third bedroom. Vintage character is complemented by a functional layout, a covered front porch perfect for relaxing and taking in the scenery, and fully fenced front and back yards. Washer and dryer hook-ups. Central AC and heating. Flexible neighborhood/multi-use corridor provides a range of possibilities, including: residential, live-work, office, retail, or short-term rental use. The 200 sq ft loft adds to the square footage and makes a convenient space for an office or even another bedroom. The dug out basement adds valuable storage, workshop, inventory, or equipment space. Recent improvements include a new sewer line (2023), repaired hardwood flooring, a brick patio, and side-yard DG upgrades. Properties with this combination of historic charm, mixed-use flexibility, and a premier Midtown Reno location rarely come to market and tend to attract strong interest. This property can be financed as residential. Check with your lender and don't miss your chance to secure this unique opportunity—schedule a private showing today and see firsthand everything this exceptional property has to offer before it's gone. Property is currently tenant occupied. Please do not disturb tenants. Showings are available by appointment only. Furnishings are negotiable.

127 E Pueblo St, Reno

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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Wells Avenue Neighborhood Homes under $800,000

Newest Wells Avenue Neighborhood Homes under $800,000

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