$235,000 Active
518 2nd Street
Wells, NV 89835
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,709 Sq Ft

About This Property

Step into the charm of this cozy multi-level home, originally built in 1921 and full of character. Offering 3 bedrooms and 2 bathrooms, this inviting property blends timeless appeal with everyday comfort. Enjoy relaxing evenings by the warm wood-burning fireplace, creating the perfect gathering space year-round. Conveniently located in a small-town setting near schools, shopping, and local amenities, this home offers both comfort and convenience. Outside, you'll find RV parking and two storage sheds, providing ample space for vehicles, hobbies, and extra storage. Don't miss the opportunity to make this charming home your own!

Listed by Kristina Garcia-Drake — Kaza Realty

Listing Details

Status Active
MLS # 260006994
Price/Sq Ft $138

Property History

Jun 02, 2026
Listed for sale
$235,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,709
Lot Size 0.26 acres
Stories 2
Year Built 1921
Property Type Single Family Residence
Subdivision First Add/Second Add
APN 002-603-002
Parking
Total Parking 5
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
Construction Stucco
Roof Metal
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air
Cooling Central Air
Financial
Annual Tax $856
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% ($47,000)
Home price
$235,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207