Wells Addition Homes under $600,000

Welcome to Wells Addition, a charming subdivision nestled in the heart of Reno, Nevada. This delightful community combines the warmth of suburban living with the convenience of city life, making it an ideal choice for families, young professionals, and retirees alike.

Wells Addition boasts a diverse array of homes, many of which are attractively priced under $600,000, making it an excellent option for those looking to invest in a vibrant community without breaking the bank. These homes reflect a variety of architectural styles, from cozy bungalows to more contemporary designs, ensuring that there’s something to suit every taste and lifestyle.

One of the standout features of Wells Addition is its close-knit community atmosphere. Residents enjoy friendly neighbors, well-maintained streets, and an abundance of green spaces that invite outdoor activities. Families will appreciate the nearby parks and recreational facilities, perfect for weekend picnics, morning jogs, or evening strolls with loved ones.

Conveniently located, Wells Addition offers easy access to downtown Reno, where you can indulge in a plethora of dining, shopping, and entertainment options. Additionally, the stunning natural beauty of the surrounding mountains and lakes provides endless opportunities for outdoor enthusiasts, from hiking and biking to skiing and fishing.

With its affordable homes, welcoming community, and prime location, Wells Addition is a hidden gem in Reno’s real estate market. If you’re looking for a place where you can truly feel at home, come explore Wells Addition – where comfort meets convenience!

Newest Wells Addition Homes under $600,000

$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

$555,000

2 Beds ⋅ 1 Baths ⋅ 260012009 MLS

A completely updated bungalow in the middle of Midtown, one of Reno's most sought-after districts offering exceptional walkability, a thriving local arts and culinary scene, boutique shops and historic neighborhoods. This 962 sf, 2bd/1ba house just oozes charm. Architectural details were painstakingly preserved while major modern updates were carried out. Updates included all new pex plumbing and ventilation stack, new main water line from the street, new electrical and sewer line. Brand new kitchen and bathroom, new doors throughout, new window framing and sills. Living room windows have solar shades as well as privacy film so the partial mountain views can be experienced while still enjoying your privacy. Plenty of off street parking as well. A century of character preserved: from original built-ins, board and batten style ceilings in kitchen and bathroom, plaster walls and gorgeous refinished White Oak and Douglas Fir floors. This house offers storage galore with linen cabinet and drawers in the hallway, dining hutch, and a large pantry off the kitchen. There is also an approximately 250sf unfinished basement. Relax in front of the gas fireplace or enjoy the private backyard, this home is ready to be your Midtown oasis.

311 Cheney 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

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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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