Fallon NV Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
10,560
Status:
Active
Beds:
n/a
Lot size:
1.5 Acres
Year built:
1981
Baths:
MLS#:
240013808

ADDITIONAL INFORMATION

Welcome to 50 E Stillwater Ave, a well-maintained 15-unit apartment complex located in the heart of Fallon, NV. Built in 1981, this multi-family complex spans 1.5 acres and consists of four buildings parcels 001-591-18, 001-591-19, 001-591-20, 001-591-21 allowing for residential financing. The property offers a fantastic investment opportunity.

Type:
Multi-Family
Sq.Ft.:
4,100
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
2001
Baths:
MLS#:
240012489

ADDITIONAL INFORMATION

this meticulously maintained 4-plex in Fallon, just 10 minutes from Fallon Air Force Base. With a strong rental history and a consistent occupancy rate, these units never stay empty! Each of the four spacious units features LVP or laminate flooring throughout, ensuring easy upkeep and modern appeal. Recent upgrades include brand-new balconies (installed in the last 2 months) and electric water heaters in 3 of the 4 units. The property has large concrete driveways for easy access and ample parking. All

Type:
Multi-Family
Sq.Ft.:
3,425
Status:
Active
Beds:
n/a
Lot size:
0.33 Acres
Year built:
1923
Baths:
MLS#:
220009972

ADDITIONAL INFORMATION

INVESTOR SPECIAL seller finance terms available with 30% down. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. This property could also utilized as a land play with a great central location to build new and utilize the C-1 Zoning.

Type:
Multi-Family
Sq.Ft.:
2,008
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1972
Baths:
MLS#:
210016698

ADDITIONAL INFORMATION

Great location duplex right on Taylor Owner has maintained this property The roof is 5 years old NEW EXERIOR PAINT ! DRIVE BY AND SEE Tenants are great but need 24 hours to show

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Andrea Conner, NV License #B.0145489.CORP, Xome Inc., NV License #B.0145489.CORP, 7251 West Lake Mead Boulevard, Suite 363, Las Vegas, NV 89128, [email protected], 844-400-XOME (9663)

TThe information being provided by NNRMLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Property information and certain information contained herein is derived from information which is the licensed property of and copyrighted by NNRMLS. Information is deemed reliable but is not guaranteed. Copyright 2024, of the Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.



Fallon Real Estate

The median home value in Fallon, NV is $366,000. This is higher than the county median home value of $347,700. The national median home value is $338,100. The average price of homes sold in Fallon, NV is $366,000. Approximately 40.51% of Fallon homes are owned, compared to 51.14% rented, while 8.36% are vacant. Fallon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fallon real estate agent to arrange a tour today!

Fallon, Nevada has a population of 9,068. Fallon is more family-centric than the surrounding county with 33.47% of the households containing married families with children. The county average for households married with children is 31.69%.

The median household income in Fallon, Nevada is $49,785. The median household income for the surrounding county is $61,776 compared to the national median of $69,021. The median age of people living in Fallon is 33 years.

Fallon Weather

The average high temperature in July is 94.6 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 5.3 inches per year, with 6.8 inches of snow per year.

Fallon Real Estate Market Conditions

  • Median sales price

    $366,000
    12.6% change since last quarter
  • # Active listings

    176
    30-day change

Fallon Schools and Demographics

Education near Fallon, NV

Metric City County
High School Graduates 94.8 93.54
College Degree - 2 year 8.15 10.32
College Degree - 4 year 16.59 18.9
Graduate Degree 2.64 3.62
Expenditures per Student 11,743 11,743
Students per Teacher 18.3 18.3

Elementary Schools near Fallon, NV

School Grades Students P/T Ratio ZIP
Cottonwood Elementary School PK - 04 539 22.5 89408
E C Best Elementary School 01 - 05 395 14.6 89406
East Valley Elementary School PK - 04 436 33.5 89408
Fernley Elementary School PK - 04 450 34.6 89408
Lahontan Elementary School 01 - 05 392 16.3 89406
Northside Early Learning Center PK - KG 312 15.6 89406
Numa Elementary School 01 - 05 442 16.4 89406
Oasis Academy KG - 08 358 26.5 89406
Schurz Elementary School PK - 08 54 10.8 89427

Middle Schools near Fallon, NV

School Grades Students P/T Ratio ZIP
Churchill County Middle School 06 - 08 748 18.7 89406
Fernley Intermediate School 05 - 06 535 53.5 89408
Silverland Middle School 07 - 08 561 43.1 89408
West End Elementary School 01 - 06 0 89406

High Schools near Fallon, NV

School Grades Students P/T Ratio ZIP
Churchill County High School 09 - 12 1,202 19.6 89406
Fernley High School 09 - 12 951 45.3 89408

Demographics near Fallon, NV

Metric City County
Neighborhood Type Small town
Population 9,068 25,077
Population Density 2,494 5
Median Age 33 40.5
People per Household 2.2 2.5
Median Household Income 49,785 61,776
Average Income per Capita 28,083 30,986