Bought with Erica Quintero • Coldwell Banker Excel
$525,000
$525,000
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7 Beds
4 Baths
3,528 SqFt
SOLD DATE : 07/28/2026
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $148
Subdivision First Addition
MLS Listing ID 3628009
Sold Date 07/28/26
Style Ranch,Duplex
Bedrooms 7
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $1,503
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Duplex
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.
Location
State NV
County Elko
Area Elko
Interior
Heating Fireplace(s), Radiant
Cooling Rooftop
Flooring Carpet, Luxury Vinyl Plank, Tile
Fireplace Yes
Appliance Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Corner Lot
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description Lawn
Foundation Block
Water Public
Architectural Style Ranch, Duplex
Construction Status Resale
Others
Tax ID 001-094-006
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