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    Elko, NV Apartment Buildings for Sale

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    Spring Creek, NV Lamoille, NV Carlin, NV
    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
    View details
    See hot listings in Elko

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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.

    24-Unit Apartment Property
    24-Unit Apartment Property

    720 Broyles Ranch Road, Battle Mountain, NV 89820

    $2,500,000
    18,430 sqft 1.70 AC lot

    Occupied one- and two-bedroom apartments operate through the USDA Rural Development Section 515 program.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    330 2nd Avenue, Twin Falls, ID 83301

    $445,000
    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.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

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

    $445,000
    2,460 sqft 0.14 AC lot

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

    View details
    USDA Subsidized Multifamily Property
    USDA Subsidized Multifamily Property

    720 Broyles Ranch Rd, Battle Mountain, NV 89820

    $2,500,000
    18,430 sqft

    Multifamily asset with 24 units in place and USDA rental assistance, including 1- and 2-bedroom configurations.

    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

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

    466 Grant St, Elko, NV 89801

    Estimated value: by Request
    0.28 AC lot
    View details
    522 Morse Ln
    APARTMENT HOUSE (5+ UNITS)

    522 Morse Ln, Elko, NV 89801

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

    1805 Winchester Dr, Elko, NV 89801-8349

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

    519 Morse Ln, Elko, NV 89801-7631

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

    1806 Winchester Dr, Elko, NV 89801-8359

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

    Elko, NV 89801

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

    276 4th St, Elko, NV 89801-3680

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

    4100 Idaho St, Elko, NV 89801-4694

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

    1910 Winchester Dr, Elko, NV 89801-8324

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

    255 Wilson Ave, Elko, NV 89801-4191

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

    751 Washington St, Elko, NV 89801

    Estimated value:
    $240,000
    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 apartment complexes 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

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Elko, NV

    • 89801

    Featured Elko Real Estate Agencies

    Realmo connects you with licensed Elko CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Algerio/Q-Team Realty
    700 Idaho St Elko, NV 89801
    Phone: (775) 738-4078
    www.CBElko.com
    Elko Realty, LLC
    1085 Idaho St. Elko, NV 89801
    Phone: (775) 777-3556
    www.elkorealty.com
    Allie Bear Real Estate
    P.O. box 1856 Elko, NV 89803
    Phone: (775) 738-8535
    www.aranchbroker.com/
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