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116 Court Street, 
Elko, NV 89801

$575,000

5

Beds

3

Baths

3,737

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Jessica Larsen

Presidio Real Estate West

775-777-4217

Last updated:

June 5, 2026, 03:20 PM

MLS#

3627948

Source:

NV ECAR

About This Home

116 Court Street

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!

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1916

Price Summary

575,000

$153 per Sq. Ft.

MLS #:

3627948

Last Updated:

June 5, 2026, 03:20 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

3,737 Sq. Ft.

Structure

Structure

Architectural Style:

Multi Level, Triplex

Building Area:

3,737 Sq. Ft.

Year Built:

1916

Lot

Lot Size (Sq. Ft):

6,011

Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$153 per Sq. Ft.

Source:NV ECAR
The information being provided by Elko County Board Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Elko County Board Of REALTORS® Inc Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.