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    Elko, NV
    Multifamily

    Elko, NV Multifamily Properties for Sale

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    Spring Creek, NV Lamoille, NV Carlin, NV Deeth, NV
    Four-Unit Property with Detached Garage
    Updated: Aug 7
    Four-Unit Property with Detached Garage

    123 W Cedar Street, Elko, NV 89801

    $765,000
    5,184 sqft 0.23 AC lot
    Four apartments totaling 5,184 square feet; each unit measures 1,296 square feet
    Each apartment includes 2 bedrooms
    840‑square‑foot detached garage
    3 carports included
    Situated on a 0.23‑acre landscaped parcel
    View details
    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
    4-Unit Apartment Property
    4-Unit Apartment Property

    123 W Cedar St, Elko, NV 89801

    $765,000
    5,184 sqft

    Landscaped residential income property with covered parking and a detached garage.

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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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    NOI available after sign in
    Local Demand available after sign in
    Duplex with Detached Garage
    Duplex with Detached Garage

    575 12th St, Elko, NV 89801

    $365,000

    Two separately configured units share basement laundry access and include kitchens with refrigerators and stove/ovens.

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    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 4 Active listings in Elko, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 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.

    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.

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    Updated Duplex With Ductless Systems
    Updated Duplex With Ductless Systems

    59 E 5th Street, Battle Mountain, NV 89820

    $238,000
    1,191 sqft 0.08 AC lot

    Two-unit residential property with refreshed interiors, separate living spaces, and practical all-electric features.

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    Four-Space RV Park
    Four-Space RV Park

    718 Seventh Street, Crescent Valley, NV 89821

    $150,000
    2.10 AC lot

    Existing RV spaces were occupied at the time of listing, with individual metering and municipal water service.

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    4-Spot RV Park
    4-Spot RV Park

    718 Seventh Street, Crescent Valley, NV 89821

    Contact for pricing

    Compacted-rock travel ways support movement through the property in varying weather conditions.

    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.

    446 Grant St
    MOBILE HOME PARK, TRAILER PARK

    446 Grant St, Elko, NV 89801

    Estimated value:
    $645,000
    308 sqft 0.49 AC lot
    View details
    449 Grant St
    APARTMENT HOUSE (5+ UNITS)

    449 Grant St, Elko, NV 89801

    Estimated value:
    $645,000
    0.29 AC lot
    View details
    535 4th St
    MOBILE HOME PARK, TRAILER PARK

    535 4th St, Elko, NV 89801

    Estimated value:
    $645,000
    1.00 AC lot
    View details
    440 Grant St Spc, Unit 71
    MOBILE HOME PARK, TRAILER PARK

    440 Grant St Spc, Elko, NV 89801-4173

    Unit 71
    Estimated value:
    $645,000
    1.94 AC lot
    View details
    405 Frnt St
    MOBILE HOME PARK, TRAILER PARK

    405 Frnt St, Elko, NV 89801-4101

    Estimated value:
    $255,000
    0.48 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
    701 5th St
    MOBILE HOME PARK, TRAILER PARK

    701 5th St, Elko, NV 89801-4274

    Estimated value:
    $250,000
    1.00 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
    871 Water St
    MOBILE HOME PARK, TRAILER PARK

    871 Water St, Elko, NV 89801-4906

    Estimated value:
    $245,000
    0.84 AC lot
    View details
    535 Morse Ln Spc, Unit 1
    MOBILE HOME PARK, TRAILER PARK

    535 Morse Ln Spc, Elko, NV 89801-4180

    Unit 1
    Estimated value:
    $255,000
    1.00 AC lot
    View details
    536 Morse Ln
    MOBILE HOME PARK, TRAILER PARK

    536 Morse Ln, Elko, NV 89801-4195

    Estimated value:
    $665,000
    3.00 AC lot
    View details
    253 Riv St
    MOBILE HOME PARK, TRAILER PARK

    253 Riv St, Elko, NV 89801

    Estimated value:
    $1,740,000
    1.40 AC lot
    View details
    251 Riv St
    MOBILE HOME PARK, TRAILER PARK

    251 Riv St, Elko, NV 89801-3675

    Estimated value:
    $1,740,000
    1.80 AC lot
    View details
    251 Riv St
    MOBILE HOME PARK, TRAILER PARK

    251 Riv St, Elko, NV 89801-3675

    Estimated value:
    $1,740,000
    1.26 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
    665 Bullion Rd
    MOBILE HOME PARK, TRAILER PARK

    665 Bullion Rd, Elko, NV 89801-7616

    Estimated value:
    $270,000
    15.00 AC lot
    View details
    651 Bullion Rd
    MOBILE HOME PARK, TRAILER PARK

    651 Bullion Rd, Elko, NV 89801-4190

    Estimated value:
    $255,000
    10.20 AC lot
    View details
    611 Bullion Rd
    MOBILE HOME PARK, TRAILER PARK

    611 Bullion Rd, Elko, NV 89801-4177

    Estimated value:
    $250,000
    144 sqft 12.55 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
    591 9th St
    MOBILE HOME PARK, TRAILER PARK

    591 9th St, Elko, NV 89801

    Estimated value:
    $290,000
    146 sqft 16.00 AC lot
    View details

    Elko, NV Multifamily Properties Market Trends and Statistics

    Explore 38 multifamily properties for sale in Elko, NV, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,040 square feet of properties for sale, with an estimated market value of $2,485,000.

    Sale prices for multifamily properties in Elko, NV start at $365,000, averaging $621,250, and reaching up to $765,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Apartment buildings 1
    Duplexes 1

    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 $706.7K

    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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    • 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: 17757384078
    www.CBElko.com

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