116 Court St

Elko, NV 89801

$575,000
Price
5
Beds
3
Baths
3,737 Sq. Ft.
$154 / Sq. Ft.
3,737
Sq. Ft.
$154
per Sq. Ft.
Get preapproved with Rocket Mortgage1

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...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!
  1. Listed by Jessica Larsen • Presidio Real Estate West
    P: (775)-777-4217 C: (775)-777-4217 broker@presidiowestnv.com

Property Details for 116 Court Street

Architectural Style
Multi Level, Triplex
Subdivision Name
First Addition
Zoning Description
ZR
LISTING UPDATED: 07/01/2026 02:41 AM

Property Details for 116 Court Street

StatusActive
MLS #3627948
Days on Compass28
Taxes$1,648 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1916
Lot Size0.14 AC / 6,011 SF
CountyElko County
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Location

Listing Courtesy of Presidio Real Estate West, Jessica Larsen, License #B.146108
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Building Information for 116 Court Street

Stories-Residences3Year Built1916Building Size-Lot Size0.14 AC / 6,011 SF

Payment Calculator

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$3,003 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,865

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 116 Court Street

Summary
Location and General Information
  • Latitude: 40.830196
  • Longitude: -115.767095
  • MLS Area Major: Elko
  • MLS Area Minor: Tree Streets
Taxes and HOA
  • Parcel Number: 001-214-002
  • Tax Annual Amount: $1,648.00
Property
Lot Information
  • Lot Size Acres: 0.138
  • Lot Size Area: 0.138
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 3737.0
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1916
Building Features
  • Construction Materials: Block, Concrete, Wood Siding
  • Levels: Multi/Split
  • Roof: Asphalt
Utilities
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck, Covered
Interior Features
  • Appliances: Dryer, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Has Cooling: Yes
  • Flooring: Carpet, Laminate
  • Has Heating: Yes
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Laundry Features: Washer Hookup
  • Window Features: Bay Window(s)
Multi Family
Multi Family Information
  • Number Of Units Total: 3

Property History for 116 Court Street

DateEvent & SourcePriceAppreciation
Jun 3, 2026

Listed (Active)

Elko County Association of REALTORS #3627948

$575,000—
Aug 15, 2024

Sold (Public Record)

Public Record #1541342309

$480,000

+9.2% / yr

Jun 20, 2018

Sold

NNRMLS #170009860

$272,000—
DateEvent & SourcePrice
06/03/2026

Listed (Active)

Elko County Association of REALTORS #3627948

$575,000
08/15/2024

Sold (Public Record)

Public Record #1541342309

$480,000

+9.2% / yr

06/20/2018

Sold

NNRMLS #170009860

$272,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Court Street

Taxable ValueLand$15,050Additions$35,595Total$50,645
Tax Record2025$1,648 ($137 / month)
Home Facts
Total Finished SqFt1,607 SqFtAbove Grade Finished SqFt1,607 SqFtStories1Lot Size6,011 SqFtStyleTriplexYear Built1916ZoningZRCountyELKOAPN001-214-002

Schools near 116 Court Street

This home is within Elko County School District.
Rating
School
Type
Grades
Distance
Northside Elementary School
Public - PK to 4
Flagview Intermediate School
Public - 5 to 6
Adobe Middle School
Public - 7 to 8
Elko High School
Public - 9 to 12
Rating
School
Distance
Northside Elementary School
PublicPK to 4

Flagview Intermediate School
Public5 to 6

Adobe Middle School
Public7 to 8

Elko High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 116 Court Street, Elko, NV 89801

116 Court Street is a multi-family home for sale in Elko, NV 89801. This property was listed for sale on June 4, 2026 by Presidio Real Estate West, it's currently listed at $575,000. It has been on the market for a total of 28 days and was last sold on August 15, 2024. This listing's school district is Elko County School District. Nearby schools include Northside Elementary School, Flagview Intermediate School and Adobe Middle School. 116 Court Street is a 5-bed, 3-bath, 3,737 sqft multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Presidio Real Estate West, Jessica Larsen, License #B.146108

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Elko County Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Elko County Association of REALTORS®. All Rights Reserved.