931 1st, Elko, NV 89801

$525,000
7
BD
4
BA
3,528
SqFt

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Sold Price
$525,000
List Price
$525,000
Closing Date
Jul 28, 2026
Status
CLOSED
MLS#
3628009
Bedrooms
7
Bathrooms
4
Living Area
3,528
Lot Size (Acres)
0.17200000000000001
Year Built
1960

Property Description

Rare income-producing opportunity offering a 8.7% cap rate in Elko's desirable Tree Streets! Situated on a corner lot with classic brick exterior, this versatile duplex offers flexibility for investors, owner-occupants, or multigenerational living. The upper unit features 5 bedrooms, 2.5 bathrooms, and 2,037 square feet of living space and is currently tenant occupied, providing immediate rental income. The lower unit offers 2 bedrooms, 1 bathroom, 1,491 square feet, and has been completely updated and is currently operating as a furnished short-term rental. Whether you're looking to expand your investment portfolio, offset your mortgage through rental income, or accommodate extended family, this property presents a unique opportunity in one of Elko's most established neighborhoods. Conveniently located, 931 1st Street combines location, flexibility, and income potential all in one property. Don't miss your chance to own a property that offers multiple avenues for return and long-term value. POF or pre-qualification required for all showings.

Additional Information

Subdivision
First Addition
Flooring
Carpet, Luxury Vinyl Plank, Tile
Exterior Features
Corner Lot
Heating
Fireplace(s), Radiant
Cooling
Rooftop
Roof
Asphalt

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Allie Bear Real Estate. Selling Office: Coldwell Banker Excel.