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About this House
Lot 2 offers an excellent opportunity to build a new duplex with the potential for both homeownership and rental income in Wells, Nevada. The seller's development concept is to construct a duplex on this lot, giving a future owner the option to live in one unit while renting the other, or to use both units as an investment property.The property is located on a corner with convenient access and is directly across from a preschool. Water is on the property, with power and sewer available at the street, providing valuable utility infrastructure for future construction.For a qualified buyer, rental income from the second unit may be considered by certain lenders when determining loan qualification, subject to the lender's specific requirements, appraisal, rental-income guidelines and other financing conditions. This creates the potential to offset a portion of the cost of owning a new home while building long-term rental income.The seller has completed the survey as part of the planned subdivision, with the engineer's work and final City of Wells approval still pending. This is an opportunity to secure a residential building site with a thoughtful income-producing concept already envisioned.Buyer to verify all zoning, permitted uses, duplex requirements, lot configuration, utility availability, subdivision status, building requirements and City approvals. Proposed development and rental-income potential are subject to all applicable governmental approvals and lender requirements.
Last check for updates: about 7 hours ago
Listing courtesy of Dawn Roberta Bear BS.0143221, (775) 934-7263
Allie Bear Real Estate
Originating MLS: Elko County Association of Realtors
Source: ECMLS, MLS#3628461
Also Listed on ECMLS.
Home Details for Wells Ave
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View Has a ViewView: City |
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Exterior Home Features Exterior: Corner Lot |
Frontage Not on Waterfront |
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Days on Market: <1 day on Trulia |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 002594002 |
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Price List Price: $29,000 |
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MLS Status: Active |
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Direction & Address City: WellsCommunity: Railroad Addition |
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Listing Agent Listing ID: 3628461 |
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Association for this Listing: Elko County Association of RealtorsHOA Fee: No HOA Fee |
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Lot Area: 7405.2 sqft |
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Mls Number: 3628461Living Area Range Units: Square FeetAttribution Contact: (775) 934-7263Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-32007-N-002594002-R-N |
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Days On Market Replication: 0 |
Around this home
What Locals Say about Wells
At least 4 Trulia users voted on each feature.
100 % Say there are sidewalks
83 % Say parking is easy
83 % Say yards are well-kept
80 % Say streets are well-lit
80 % Say kids play outside
75 % Say people would walk alone at night
71 % Say it's quiet
67 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
63 % Say it's walkable to restaurants
60 % Say car is needed
60 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
43 % Say it's dog friendly
36 % Say neighbors are friendly
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Wells
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
8
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.01 | Lot/Land | $29,500 | 04/16/26 | - | - | ||
0.22 | Lot/Land | $18,500 | 07/20/26 | - | - | ||
0.47 | Lot/Land | $15,000 | 10/20/25 | - | - | ||
0.79 | Lot/Land | $10,000 | 05/05/26 | - | - | ||
0.80 | Lot/Land | $299,000 | 05/05/26 | - | - | ||
0.68 | Lot/Land | $80,000 | 10/20/25 | - | - | ||
1.11 | Lot/Land | $40,000 | 03/31/26 | - | - | ||
1.27 | Lot/Land | $475,000 | 04/24/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $29,000 | - | - | - | For Sale | |
0.01 | $29,000 | - | - | - | For Sale | |
0.01 | $29,000 | - | - | - | For Sale | |
0.05 | $238,700 | 3 | 2 | 1,456 | Off Market | |
0.06 | $267,500 | 3 | 2 | 2,998 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | $183,400 | 2 | 2 | 1,008 | Off Market | |
0.11 | $311,900 | 3 | 2.5 | 2,400 | Off Market | |
0.16 | $343,200 | 4 | 2.5 | 2,754 | Off Market | |
0.16 | $209,900 | 2 | 1 | 1,464 | For Sale | |
0.18 | $205,600 | 3 | 2 | 1,694 | Off Market |
Price and Tax history
| Date | Event | Price |
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Sep 23, 2026 Source: ECMLS #3628461 | Listed For Sale | $29,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dawn Roberta Bear, Allie Bear Real Estate
Agent Phone: (775) 934-7263
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Wells Ave, Wells, NV 89835 is a lot/land. This property is currently available for sale and was listed by ECMLS on Sep 23, 2026. The MLS # for this home is MLS# 3628461.