$425,000
- 5 Beds
- 3 Baths
- 2,084 Sq Ft
502 Oak St, Elko, NV 89801
Jody Atkin Elko Realty
$425,000
502 Oak St, Elko, NV 89801
Jody Atkin Elko Realty
$890,000
643 Court St, Elko, NV 89801
Jill Wickens Coldwell Banker Excel
$340,000
741 Elm St, Elko, NV 89801
Tony Odeh Robinhood Realty Elko LLC
Elko, situated in northeastern Nevada, is a small city with a rich cowboy and mining heritage. With a population of around 20,000, it stands as the most populous city within a 100-mile radius. Key employers include Nevada Gold Mines and Komatsu mining corporation, supporting a stable economy. The city features a mix of ranch-style homes, bungalows, and traditional two-story houses with Victorian elements. Elko Public School District serves the community, and Elko Charter School is highly rated for K-8 education. Main City Park, the largest green space at 21 acres, hosts events like a hot air balloon festival and a car show, while Elko Railroad Park and several pocket parks offer additional recreation. The HARP trail runs 2 miles along the Humboldt River, and the Elko Snow Bowl provides seasonal hiking and skiing. Dining options include Garibaldi’s Restaurant and Double Dice Bar and Grill, with shopping needs met by Albertsons, Walmart, and East End Mall. Cultural attractions feature the Northeastern Nevada Museum and the California Trail Interpretive Center. Elko hosts the National Cowboy Poetry Gathering every January. The city is accessible via Interstate 80 and Nevada State Route 227, with local public transportation by GET My Ride and domestic flights at Elko Regional Airport. Crime rates have declined, making it safer compared to the national average. Elko experiences a moderate climate, though it faces poor air quality during wildfire season from May to October.
On average, homes in Elko, NV sell after 114 days on the market compared to the national average of 52 days. The median sale price for homes in Elko, NV over the last 12 months is $515,450, up 32% from the median home sale price over the previous 12 months.
In Elko, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $340,000 to $890,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Elko is $470,954, while the average sale price is $515,117, offering insights into the local housing market. On average, multi-family homes spend 114 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Elko, NV.