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Elko, NV Multifamily Homes & Duplexes for Sale

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  • 545 Elm St, Elko, NV 89801
    545 Elm St, Elko, NV 89801
    545 Elm St, Elko, NV 89801
    /29

    $410,000

    • 5 Beds
    • 3 Baths
    • 2,796 Sq Ft

    545 Elm St, Elko, NV 89801

    Welcome to 545 Elm Street - a rare opportunity to own a versatile property in the heart of Elko! This charming home features a 3-bedroom, 2-bath main residence with plenty of natural light, updated LVP flooring, and generous living space. The kitchen has been updated and includes newer cabinets, granite countertops & stainless-steel appliances! The main residence includes 3 bed/2 bath with 2

    Erica Quintero Coldwell Banker Excel

    545 Elm St, Elko, NV 89801
  • 1014 College Ave, Elko, NV 89801
    1014 College Ave, Elko, NV 89801
    1014 College Ave, Elko, NV 89801
    /24

    $232,000

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    1014 College Ave, Elko, NV 89801

    Priced right for a good investment with the income potential. Elko history lives here...Must show proof of funds / pre-qualified loan for specific use, prior to showings. Tenant in both place work opposite shifts showings will be difficult. Duplex both units rent now at $900 which includes power and water. #6 has been recently updated, plank flooring, fresh paint etc., units are separated by

    Sandy Wakefield Sandys Castles

    1014 College Ave, Elko, NV 89801
Nevada Elko

Multi-Family Homes & Duplexes for Sale in Elko, NV

Why Live in Elko

Elko sits in the northeastern corner of Nevada, placing it square in Cowboy Country. The region, known for its historic Western establishments and homes, was a ranching and farming center in the 1800s that today is home to Nevada Gold Mines, one of the world's largest gold producers. With a population of about 20,000, Elko is the most populous city for over 100 miles in each direction. “It’s a very family-friendly area. There are a lot of people here who were born and raised here and decided to stay, but also people pop in and out for mining jo ...

Learn more about living in Elko

Home Trends in Elko, NV

On average, homes in Elko, NV sell after 67 days on the market compared to the national average of 49 days. The median sale price for homes in Elko, NV over the last 12 months is $386,953, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$386,953
Median Single Family Sale Price
$410,000
Median Townhouse Sale Price
$321,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
94
Last 12 months Home Sales
276
Months of Supply
4.10
Median List Price
$389,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elko, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $232,000 to $410,000, there's a range to accomodate every budget. As of June, 2025 the median home price in Elko is $389,500, while the average sale price is $402,906, offering insights into the local housing market. On average, multi-family homes spend 67 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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