$575,000
 $3,087 est/mo Sourced by Back At You

116 Court Street,Elko, NV 89801

Elko, NV 89801

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Description

Welcome to a premier investment opportunity in Elko, NV! This exceptional triplex offers the perfect blend of immediate financial performance and long-term stability. Generating a strong 7% cap rate, this property is fully occupied by seasoned tenants with established leases, offering a seamless transition of ownership and instant cash flow on day one.The real standout feature of this property is its condition. Meticulously maintained and beautifully cared for, the pride of ownership shines through in every corner. The smart unit mix caters to a wide pool of local renters: it features two comfortable 1-bedroom, 1-bathroom units, alongside a highly desirable 2-bedroom, 1-bathroom layout complete with a versatile flex space that easily adapts to a tenant's needs.Whether you are looking to expand your existing portfolio or capitalize on a reliable, passive income generator in a resilient market, this turn-key triplex is ready for you. Opportunities this clean and profitable are few and far between. Reach out today to review the financial financials and book your viewing!

Details

MLS #3627948
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1916
Days On Site18
Listing Provided ByOffice Staging Realty | Jessica Larsen

Features

Bed(s)5
Bath(s)3
SQ Feet3,737
Units3
ZoningZR
Acreage0.14

Interior

Cooling Yes / NoYes
CoolingWindow Units
Heating Yes / NoYes
Interior FeaturesBay Window, Ceiling Fans, Walk In Closets
Window FeaturesBay Windows
AppliancesDryer, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer

Exterior

Exterior FeaturesDeck, Landscaping
RoofAsphalt
Construction MaterialsBlock, Concrete, Wood Siding
Foundation DetailsPoured
Lot FeaturesSprinklers Manual

Utilities

UtilitiesCable Available

Other

List AorElko County Association Of Realtors

Taxes

Property1648

Area Information

StateNV
CountyElko
CityElko
Zip Code89801
AreaElko
SubareaTree Streets
Community NameFirst Addition
Sourced by Back At You

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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of June 19, 2026 at 6:49:12 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateNV
CountyElko
CityElko
Zip Code89801
AreaElko
SubareaTree Streets
Community NameFirst Addition
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $431K - $718K
sqft: 2,500 - 4,500
Listing Updated: June 8, 2026 at 1:06:36 PM PDT

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