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

$650,000
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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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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Four-Unit Property with Detached Garage
Four-Unit Property with Detached Garage

123 W Cedar Street, Elko, NV 89801

$765,000
5,184 sqft 0.23 AC lot

Four residential units occupy a landscaped site with mature trees and automatic irrigation.

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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.

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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

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

1275 Starr Ave, Wells, NV 89835

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

3rd St, Wells, NV 89835

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

124 Humboldt Ave, Wells, NV 89835

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

1555 Humboldt Ave, Wells, NV 89835-8061

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

1275 Lk Ave, Wells, NV 89835-8062

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

151 2nd St, Wells, NV 89835-8050

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

151 2nd St, Wells, NV 89835-8050

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

650 3rd St, Wells, NV 89835-8059

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

626 1st St, Wells, NV 89835-8010

$300,000
Estimated value
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 income properties in Wells, NV average $650,000 — 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%

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Elko County

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