Apartment Building

Elko, NV Apartment Buildings for Sale

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Value-Add Studio Motel Conversion
Updated: Jul 9
Value-Add Studio Motel Conversion

340 6th St, Elko, NV 89801

$590,000
13,672 sqft
33‑unit motel conversion in Wells, Nevada with studio apartment units
Value‑add setup with currently vacant units available for lease‑up
9.5% cap rate with in‑place NOI of $61,750
Immediate income potential based on current in‑place rents
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See what stands out in Elko County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Elko, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Unit Apartment Building
Five-Unit Apartment Building

330 2nd Avenue, Twin Falls, ID 83301

$455,000
3,288 sqft 0.14 AC lot

Occupied multifamily property with baseboard heating, separate water heaters, and a mix of alley, street, and driveway parking.

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Five-Unit Apartment Building
Five-Unit Apartment Building

330 2nd Ave. N, Twin Falls, ID 83301

$455,000
2,460 sqft 0.14 AC lot

Occupied apartment property with concrete-block construction, baseboard heating, and public water service.

View details
Renovated Apartment Building
Renovated Apartment Building

370 ARIA Blvd E, Wendover, UT 84083

$3,200,000
30,828 sqft 2.27 AC lot

Multifamily property with a balanced mix of one- and two-bedroom residences and covered parking.

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Apartment Building with Tile Flooring
Apartment Building with Tile Flooring

590 PILOT St, Wendover, UT 84083

$1,025,000
8,517 sqft 0.28 AC lot

Occupied multifamily property with mixed flooring, electric heat, and public sewer service.

View details

Off-Market Properties in Elko, NV

Consider similar Off-Market properties in Elko, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

449 Grant St
APARTMENT HOUSE (5+ UNITS)

449 Grant St, Elko, NV 89801

$645,000
Estimated value
0.29 AC lot
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466 Grant St
APARTMENT HOUSE (5+ UNITS)

466 Grant St, Elko, NV 89801

Value Estimation by Request
0.28 AC lot
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522 Morse Ln
APARTMENT HOUSE (5+ UNITS)

522 Morse Ln, Elko, NV 89801

$325,000
Estimated value
0.62 AC lot
View details
1805 Winchester Dr
APARTMENT HOUSE (5+ UNITS)

1805 Winchester Dr, Elko, NV 89801-8349

$2,180,000
Estimated value
5,734 sqft 2.66 AC lot
View details
519 Morse Ln
APARTMENT HOUSE (5+ UNITS)

519 Morse Ln, Elko, NV 89801-7631

$260,000
Estimated value
1.00 AC lot
View details
1806 Winchester Dr
APARTMENT HOUSE (5+ UNITS)

1806 Winchester Dr, Elko, NV 89801-8359

$3,125,000
Estimated value
48,704 sqft 2.49 AC lot
View details
Elko, NV 89801
HIGH-RISE APARTMENTS

Elko, NV 89801

$225,000
Estimated value
5.00 AC lot
View details
276 4th St
APARTMENT HOUSE (5+ UNITS)

276 4th St, Elko, NV 89801-3680

$245,000
Estimated value
0.40 AC lot
View details
4100 Idaho St
APARTMENT HOUSE (UNDER 5 UNITS)

4100 Idaho St, Elko, NV 89801-4694

$405,000
Estimated value
2,300 sqft 16.72 AC lot
View details
1910 Winchester Dr
APARTMENT HOUSE (5+ UNITS)

1910 Winchester Dr, Elko, NV 89801-8324

$280,000
Estimated value
2,352 sqft 1.12 AC lot
View details
255 Wilson Ave
APARTMENT HOUSE (5+ UNITS)

255 Wilson Ave, Elko, NV 89801-4191

$255,000
Estimated value
0.49 AC lot
View details
751 Washington St
APARTMENT HOUSE (5+ UNITS)

751 Washington St, Elko, NV 89801

$240,000
Estimated value
0.97 AC lot
View details

Elko, NV Apartment Buildings Market Trends and Statistics

Explore 13 apartment buildings for sale in Elko, NV on our real estate platform. These investment opportunities span a total of 13,672 square feet of properties for sale, with an estimated market value of $590,000.

Sale prices for two-family homes in Elko, NV average $590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 26K
Population Growth (5Y) -0.4%
Median Household Income $83,777
College Educated 5.8%

High-Yield Neighborhoods for Investment

Identify Elko submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
89801 $590K

Taxes & Financing

Tax Rate (average for all types) 3.23%
Property Tax per SF $50.59 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elko County

New Delisted

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