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Wells Avenue District Multifamily Homes & Duplexes for Sale

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  • 1101 E Taylor St, Reno, NV 89502
    1101 E Taylor St, Reno, NV 89502
    1101 E Taylor St, Reno, NV 89502
    /15

    $1,750,000

    • 4,760 Sq Ft

    1101 E Taylor St, Reno, NV 89502

    Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors seeking hassle-free ownership and long-term stability. Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly

    Trevor Richardson Address Income

    1101 E Taylor St, Reno, NV 89502
  • 1145 Kirman Ave, Reno, NV 89502
    1145 Kirman Ave, Reno, NV 89502
    1145 Kirman Ave, Reno, NV 89502
    /25

    $379,000

    • 2,236 Sq Ft

    1145 Kirman Ave, Reno, NV 89502

    Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental

    Karen Greathouse Greathouse Real Estate

    1145 Kirman Ave, Reno, NV 89502
  • 760 Balzar Cir, Reno, NV 89502
    760 Balzar Cir, Reno, NV 89502
    760 Balzar Cir, Reno, NV 89502
    /13

    $595,000

    • 1,305 Sq Ft

    760 Balzar Cir, Reno, NV 89502

    Welcome to an exceptional investment opportunity in the heart of Midtown Reno. This versatile duplex sits on a generous, highly desirable corner lot, offering ample space and endless potential., Ideally located in one of Reno’s most dynamic neighborhoods, this property is perfectly positioned just minutes from local amenities and key community institutions. Whether you’re an investor seeking

    Henry Huang Sierra Nevada Properties-Reno

    760 Balzar Cir, Reno, NV 89502
Nevada Washoe County Reno Wells Avenue District

Multi-Family Homes & Duplexes for Sale in Wells Avenue District, Reno

Why Live in Wells Avenue District
Wells Avenue District in Reno is a historic neighborhood experiencing a modern revival. Developed in 1900, this area is known for its early 20th-century houses, including Arts-and-Crafts classics, Tudor Revivals, and Midcentury Moderns. The neighborhood is undergoing significant redevelopment, attracting new businesses and residents while preserving its heritage. The local dining scene is vibrant, with establishments like PJ and Company, known for its large servings and weekly bike night, and Von Bismarck, offering authentic German cuisine. Shopping options include Mexican-themed groceries and the Smart & Final supermarket. The Wells Avenue District is walkable to downtown Reno and the Riverwalk District, providing easy access to restaurants, shops, and outdoor activities. Wilkinson Park, a 4-acre space, offers outdoor sports and relaxation, while the nearby Grand Bay Driving Range and Grand Sierra Resort provide additional recreational opportunities. The neighborhood is close to major destinations, including a hospital, the freeway, and Reno-Tahoe International Airport, just 3.5 miles away. The area is safer than the national average, making it a practical choice for families and individuals alike.
Learn more about living in Wells Avenue District

Home Trends in Wells Avenue District, NV

On average, homes in Wells Avenue District, Reno sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Wells Avenue District, Reno over the last 12 months is $434,750, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$434,750
Median Single Family Sale Price
$439,000
Average Price Per Sq Ft
$357
Number of Homes for Sale
5
Last 12 months Home Sales
36
Months of Supply
1.70
Median List Price
$450,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home

In Wells Avenue District, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $379,000 to $1,750,000, there's something for every budget. As of August, 2025 the median home price in Wells Avenue District, Reno is $450,000, while the average sale price is $440,554, providing insight into local market trends. On average, multi-family homes spend 21 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Wells Avenue District, Reno.

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