Elko, NV Residential Income Properties for Sale

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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

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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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Duplex with Separate Apartment

501 Sage St, Elko, NV 89801

$515,000

3,682 sqft 0.16 AC lot

ZRB zoning accommodates residential use alongside low-intensity business or professional activity.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

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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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 48 Potential Opportunities for your consideration. Besides 5 Active listings in Elko, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

24-Unit Apartment Buildings

720 Broyles Ranch Road, Battle Mountain, NV 89820

$2,500,000

18,430 sqft 1.70 AC lot

Six separate quadplex buildings provide a mix of one- and two-bedroom apartments with tenants in place.

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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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Four-Space RV Park

718 Seventh Street, Crescent Valley, NV 89821

$145,000

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

718 Seventh Street, Crescent Valley, NV 89821

Contact for pricing

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

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Expansive Acreage in Elko, Nevada

Washington Ave. Access, Elko, NV 89801

$4,300,000

289.68 AC lot

289 acres in Elko city limits, development potential.

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Elko Land with Mountain Views

331 Masters Lane, Elko, NV 89801

$439,000

4.49 AC lot

Expansive land parcel in Elko, NV with development potential.

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Residential Lot in Established Neighborhood

2653 Mesquite Way, Elko, NV 89801

$138,000

0.22 AC lot

Corner lot ready for residential development with city utilities.

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Residential Land in Elko, Nevada

2667 Mesquite Way, Elko, NV 89801

$145,000

0.34 AC lot

Residential land parcel within Elko city limits with utilities.

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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.

MOBILE HOME PARK, TRAILER PARK

446 Grant St, Elko, NV 89801

Estimated value:

$645,000

308 sqft 0.49 AC lot

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APARTMENT HOUSE (5+ UNITS)

449 Grant St, Elko, NV 89801

Estimated value:

$645,000

0.29 AC lot

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MOBILE HOME PARK, TRAILER PARK

535 4th St, Elko, NV 89801

Estimated value:

$645,000

1.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

440 Grant St Spc, Elko, NV 89801-4173

Unit 71

Estimated value:

$645,000

1.94 AC lot

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MOBILE HOME PARK, TRAILER PARK

405 Frnt St, Elko, NV 89801-4101

Estimated value:

$255,000

0.48 AC lot

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APARTMENT HOUSE (5+ UNITS)

466 Grant St, Elko, NV 89801

Estimated value:

No data

0.28 AC lot

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MOBILE HOME PARK, TRAILER PARK

701 5th St, Elko, NV 89801-4274

Estimated value:

$250,000

1.00 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

522 Morse Ln, Elko, NV 89801

Estimated value:

$325,000

0.62 AC lot

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MOBILE HOME PARK, TRAILER PARK

871 Water St, Elko, NV 89801-4906

Estimated value:

$245,000

0.84 AC lot

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MOBILE HOME PARK, TRAILER PARK

535 Morse Ln Spc, Elko, NV 89801-4180

Unit 1

Estimated value:

$255,000

1.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

536 Morse Ln, Elko, NV 89801-4195

Estimated value:

$665,000

3.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

253 Riv St, Elko, NV 89801

Estimated value:

$1,740,000

1.40 AC lot

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MOBILE HOME PARK, TRAILER PARK

251 Riv St, Elko, NV 89801-3675

Estimated value:

$1,740,000

1.80 AC lot

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MOBILE HOME PARK, TRAILER PARK

251 Riv St, Elko, NV 89801-3675

Estimated value:

$1,740,000

1.26 AC lot

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APARTMENT HOUSE (5+ UNITS)

1805 Winchester Dr, Elko, NV 89801-8349

Estimated value:

$2,180,000

5,734 sqft 2.66 AC lot

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MOBILE HOME PARK, TRAILER PARK

665 Bullion Rd, Elko, NV 89801-7616

Estimated value:

$270,000

15.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

651 Bullion Rd, Elko, NV 89801-4190

Estimated value:

$255,000

10.20 AC lot

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MOBILE HOME PARK, TRAILER PARK

611 Bullion Rd, Elko, NV 89801-4177

Estimated value:

$250,000

144 sqft 12.55 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

519 Morse Ln, Elko, NV 89801-7631

Estimated value:

$260,000

1.00 AC lot

View details

Elko, NV Residential Income Properties Market Trends and Statistics

Explore 40 residential income properties for sale in Elko, NV, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 27,722 square feet of properties for sale, with an estimated market value of $3,000,000.

Sale prices for residential income properties in Elko, NV start at $365,000, averaging $600,000, 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

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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Elko, NV Residential Income Properties for Sale

123 W Cedar Street, Elko, NV 89801

340 6th St, Elko, NV 89801

501 Sage St, Elko, NV 89801

123 W Cedar St, Elko, NV 89801

575 12th St, Elko, NV 89801

Opportunities in Nearby Cities

720 Broyles Ranch Road, Battle Mountain, NV 89820

720 Broyles Ranch Rd, Battle Mountain, NV 89820

718 Seventh Street, Crescent Valley, NV 89821

718 Seventh Street, Crescent Valley, NV 89821

Potential Development Sites for Consideration

Washington Ave. Access, Elko, NV 89801

331 Masters Lane, Elko, NV 89801

2653 Mesquite Way, Elko, NV 89801

2667 Mesquite Way, Elko, NV 89801

Off-Market Properties in Elko, NV

446 Grant St, Elko, NV 89801

449 Grant St, Elko, NV 89801

535 4th St, Elko, NV 89801

440 Grant St Spc, Elko, NV 89801-4173

405 Frnt St, Elko, NV 89801-4101

466 Grant St, Elko, NV 89801

701 5th St, Elko, NV 89801-4274

522 Morse Ln, Elko, NV 89801

871 Water St, Elko, NV 89801-4906

535 Morse Ln Spc, Elko, NV 89801-4180

536 Morse Ln, Elko, NV 89801-4195

253 Riv St, Elko, NV 89801

251 Riv St, Elko, NV 89801-3675

251 Riv St, Elko, NV 89801-3675

1805 Winchester Dr, Elko, NV 89801-8349

665 Bullion Rd, Elko, NV 89801-7616

651 Bullion Rd, Elko, NV 89801-4190

611 Bullion Rd, Elko, NV 89801-4177

519 Morse Ln, Elko, NV 89801-7631

Elko, NV Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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