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.
Under contract
$525,000
931 1st St, Elko, NV 89801
7beds
4baths
3,528sqft
Duplex, Multi Family, Multi Family
Built in 1960
-- sqft lot
$523,400 Zestimate®
$149/sqft
$-- HOA
What's special
Corner lotClassic brick exterior
- 18 days |
- 335 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Dea Mitton BS.0146646 (775)401-0070,
Allie Bear Real Estate
Source: ECMLS,MLS#: 3628009Originating MLS: Elko County Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Fireplace(s), Radiant
Cooling
- Rooftop
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- Flooring: Carpet, Luxury Vinyl Plank, Tile
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,528 sqft
Property
Features
- Exterior features: Corner Lot
Lot
- Size: 7,492 Square Feet
- Features: Lawn
Details
- Parcel number: 001094006
- Zoning description: ZR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Duplex
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Asphalt
Condition
- Resale
- Year built: 1960
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: First Addition
Location
- Region: Elko
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $59,360
- Annual tax amount: $1,503
- Date on market: 6/16/2026
- Cumulative days on market: 19 days
Estimated market value
$523,400
$497,000 - $550,000
$1,729/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Contingent | $525,000$149/sqft |
Source: ECMLS #3628009 Report a problem | ||
| 6/16/2026 | Listed for sale | $525,000+102.7%$149/sqft |
Source: ECMLS #3628009 Report a problem | ||
| 9/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/3/2023 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2018 | Sold | $259,000$73/sqft |
Source: Agent Provided Report a problem | ||
| 10/25/2018 | Pending sale | $259,000$73/sqft |
Source: CENTURY 21 Gold West Realty #20171383 Report a problem | ||
| 10/16/2018 | Price change | $259,000-9.1%$73/sqft |
Source: CENTURY 21 Gold West Realty #20171383 Report a problem | ||
| 8/3/2018 | Listed for sale | $285,000$81/sqft |
Source: CENTURY 21 Gold West Realty #20171383 Report a problem | ||
| 6/20/2018 | Pending sale | $285,000-3.4%$81/sqft |
Source: CENTURY 21 Gold West Realty #20171383 Report a problem | ||
| 2/15/2018 | Price change | $295,000-4.8%$84/sqft |
Source: CENTURY 21 Gold West Realty #20171383 Report a problem | ||
| 11/21/2017 | Listed for sale | $310,000$88/sqft |
Source: Century 21 Gold West Realty #20171383 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,327 +3% | $59,360 +25.9% |
| 2024 | $1,288 +3% | $47,162 +14.2% |
| 2023 | $1,251 +3% | $41,306 +13% |
| 2022 | $1,215 +2.5% | $36,548 +4.1% |
| 2021 | $1,185 | $35,120 -1.4% |
| 2020 | $1,185 | $35,606 +6.4% |
| 2019 | $1,185 +3.6% | $33,472 +1.4% |
| 2018 | $1,144 +3% | $33,000 +4% |
| 2017 | $1,111 +12.4% | $31,745 +3.9% |
| 2016 | $988 +9.8% | $30,562 +2.3% |
| 2015 | $900 | $29,862 +5.2% |
| 2014 | $900 | $28,378 +4.5% |
| 2013 | -- | $27,166 |
| 2012 | -- | $27,166 +4.8% |
| 2011 | -- | $25,910 +1% |
| 2010 | -- | $25,654 -9.1% |
| 2009 | -- | $28,220 +2% |
| 2008 | -- | $27,668 +2.4% |
| 2007 | -- | $27,032 +0.9% |
| 2006 | -- | $26,780 -11.9% |
| 2004 | -- | $30,410 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 89801
Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 5/10Adobe Middle SchoolGrades: 7-8Distance: 1.9 mi
- 4/10Elko High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Nevada
- Elko County
- Elko
- 89801
- 931 1st St




