About This Home

This land at Wells Avenue in Wells, NV is listed for $29,000 (0.17 acres).

Key Features

  • 0.17 acre lot

Amenities

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Listing Description

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.

Location

Wells Avenue

Wells, NV 89835

Railroad Addition

Features & Amenities

Exterior Features

CornerLot

Property Details

Views

City

Questions & Answers

This 0-bedroom, 0-bathroom land at Wells Avenue is listed at $29,000. The estimated monthly payment is $155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.17 acre lot. Exterior Features: CornerLot.

This property is listed by Dawn Roberta Bear and can be reached at 7759347263.

DB

Dawn Roberta Bear

License BS.0143221

Agent at Allie Bear Real Estate

(775) 934-7263
Agent website

Listed by Allie Bear Real Estate · Broker phone: (775) 738-8535 · View on Broker Site · Broker website

MLS# 3628461· Source: Elko County Board of Realtors· Added to PropertySimple today

Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Wells Avenue, Wells, NV 89835

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