Residential Income

Wells, NV Residential Income Properties for Sale

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Deeth, NV Elko, NV
33-Unit Motel with Studio Units
Updated: Jul 13
33-Unit Motel with Studio Units

340 6th Street, Wells, NV 89801

$590,000
33‑unit motel converted to studio units
Currently vacant units offer additional lease‑up capacity
Reported 9.5% going‑in cap rate
Built in 1972
Located at 340 6th Street, Wells, NV 89801
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Wells, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Value-Add Studio Motel Conversion
Value-Add Studio Motel Conversion

340 6th St, Elko, NV 89801

$590,000
13,672 sqft

A 33-unit motel conversion offering studio apartments with available vacancies for lease-up.

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Duplex with Detached Garage
Duplex with Detached Garage

575 12th St, Elko, NV 89801

$360,000

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

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Mountain Resort With RV Pads
Mountain Resort With RV Pads

14032 Mountain City Highway, Mountain City, NV 89831

$1,300,000
2,200 sqft 119.81 AC lot

Hospitality property with lodging, food service, retail, and outdoor recreation facilities in northeastern Nevada.

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Wildhorse Resort: Mountain Paradise Awaits
Wildhorse Resort: Mountain Paradise Awaits

14032 State Highway 225, Mountain City, NV 89831

$1,300,000
119.81 AC lot

Resort on 119 acres bordering Jack Creek and Owyhee River.

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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.

Single-Family Zoned Land Parcel
Single-Family Zoned Land Parcel

446 Lower Starr Valley Road, Deeth, NV 89823

$150,000
1.70 AC lot

Single-family parcel with shared-gate access and power at the road, suited for a rural homesite or getaway cabin.

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Rural Parcel with 40' Shop
Rural Parcel with 40' Shop

446 -3 Starr Valley Road, Deeth, NV 89823

$350,000
9.05 AC lot

Nine-acre rural parcel in Starr Valley with a 40-by-40 shop and utilities available at the road.

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Recreational Land Parcel
Recreational Land Parcel

3 Lower Starr Valley Road, Deeth, NV 89823

$150,000
1.70 AC lot

1.7-acre parcel in Starr Valley with road-side power available and access via a shared gate off Lower Starr Valley Road.

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Single-Family Land Parcel
Single-Family Land Parcel

446-2 Lower Starr Valley Road, Deeth, NV 89823

$175,000
2.00 AC lot

Two-acre single-family parcel accessed via a shared gate with power available at the road.

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Off-Market Properties in Wells, NV

Consider similar Off-Market properties in Wells, 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.

734 6th St
MOBILE HOME PARK, TRAILER PARK

734 6th St, Wells, NV 89835

Estimated value:
$155,000
588 sqft 1.00 AC lot
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1275 Starr Ave
APARTMENT HOUSE (5+ UNITS)

1275 Starr Ave, Wells, NV 89835

Estimated value:
$250,000
0.26 AC lot
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3rd St
MOBILE HOME PARK, TRAILER PARK

3rd St, Wells, NV 89835

Estimated value:
$365,000
1.00 AC lot
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124 Humboldt Ave
MOBILE HOME PARK, TRAILER PARK

124 Humboldt Ave, Wells, NV 89835

Estimated value:
$255,000
4.00 AC lot
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1555 Humboldt Ave
MOBILE HOME PARK, TRAILER PARK

1555 Humboldt Ave, Wells, NV 89835-8061

Estimated value:
$285,000
6.00 AC lot
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1275 Lk Ave
APARTMENT HOUSE (5+ UNITS)

1275 Lk Ave, Wells, NV 89835-8062

Estimated value:
$265,000
0.26 AC lot
View details
151 2nd St
APARTMENT HOUSE (5+ UNITS)

151 2nd St, Wells, NV 89835-8050

Estimated value:
$270,000
0.43 AC lot
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151 2nd St
MOBILE HOME PARK, TRAILER PARK

151 2nd St, Wells, NV 89835-8050

Estimated value:
$240,000
1.00 AC lot
View details
650 3rd St
APARTMENT HOUSE (5+ UNITS)

650 3rd St, Wells, NV 89835-8059

Estimated value:
$260,000
1.00 AC lot
View details
626 1st St
APARTMENT HOUSE (5+ UNITS)

626 1st St, Wells, NV 89835-8010

Estimated value:
$300,000
2,880 sqft 0.51 AC lot
View details

Wells, NV Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Wells, NV on our real estate platform.

Sale prices for residential investment properties in Wells, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 1,481
Population Growth (5Y) -14.5%
Median Household Income $64,583
College Educated 17.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Elko - 89801 $590K

Taxes & Financing

Tax Rate (average for all types) 3.05%
Property Tax per SF $74.28 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)

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