$184,500 Active
594 5th Street
Wells, NV 89835
STR Status Unknown
3 Beds
·
1.0 Baths
·
1,600 Sq Ft

About This Property

Charming 3-BR Home with Massive Fenced Corner Lot & Strong Rental Potential! Opportunities like this don't come around often! Whether you are looking for a character-rich starter home or a high-yield addition to your investment portfolio, this 1,600-square-foot single-family home delivers. Boasting strong rental income potential with an estimated market rent of $1,293/mo, this property is a turn-key option for savvy investors looking to capture immediate cash flow in a high-demand rental market. Inside, the home beautifully balances its historic 1915 roots with essential modern upgrades. The spacious interior features gorgeous, meticulously reconditioned original hardwood floors, an inviting wood-burning stove for cozy winter evenings, and a massive master bedroom complete with double closets. The bathroom anchors the home's vintage charm with an eye-catching blue clawfoot tub. The bright kitchen includes an existing range/oven and refrigerator. Step outside to enjoy a private oasis on a generous 7,405-square-foot corner lot. The backyard features a large covered back deck perfect for entertaining, surrounded by a fully enclosed 6-foot wood privacy fence. Complete with forced-air heating, a solid metal roof, a partial basement for extra storage, and a detached garage, all the heavy lifting has already been done. Priced aggressively for a smooth, fast sale— Get your showing today before this versatile property is gone!

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Active
MLS # 260006853
Price/Sq Ft $115

Property History

May 29, 2026
Listed for sale
$184,500
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,600
Lot Size 0.17 acres
Stories 1
Year Built 1915
Property Type Single Family Residence
APN 002-572-005
Parking
Garage Spaces 1
Total Parking 3
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot
Roof Metal
Foundation Other
Utilities & Systems
Heating Electric, Fireplace(s)
Cooling Wall/Window Unit(s)
Financial
Annual Tax $721
Schools
Elementary School Out of Area
Middle School Out Of Area
High School Out Of Area
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($36,900)
Home price
$184,500
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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