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Fallon, NV Multifamily Homes & Duplexes for Sale

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  • /29

    $485,000

    • 2,008 Sq Ft

    250 S Taylor St, Fallon, NV 89406

    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, Leases are available to qualified buyers only, for tenants privacy Please be careful when driving by as this is a busy road with lots of traffic The garage has alley access for both tenants 100% occupancy at

    Agent Photo

    Leslie Beach

    RE/MAX Connection

    (775) 514-6867

    250 S Taylor St, Fallon, NV 89406
  • /15

    $405,000

    • 1,776 Sq Ft

    360 & 360 1/2 W Virginia St, Fallon, NV 89406

    Take a look at this great investment property, 2 separate unit on one parcel. It also has a sharable shed for tenant storage. It is tenant occupied with month-to-month leases paying $1200 per month each.

    Tami Baca Cardin Realty Pros

    360 & 360 1/2 W Virginia St, Fallon, NV 89406
  • /5

    $415,000

    • 3,050 Sq Ft

    125 N Broadway St, Fallon, NV 89406

    Rare chance to own two homes on one parcel in a prime location in Fallon, NV. This unique property includes 155 E A Street, 3-bedroom, 1-bathroom, 1,052 sq ft and 125 N Broadway, 2-bedroom, 1-bathroom, 856 sq ft.

    Daniel Doty Doty Realty LLC

    125 N Broadway St, Fallon, NV 89406

Why Live in Fallon

Fallon, Nevada, is a small city with a rich Old West heritage and a strong military presence. The Spanish Revival-style courthouse and historic movie theater on Maine Street contribute to its quintessential Western charm. Fallon is home to Naval Air Station Fallon, located 6 miles southeast of downtown, which houses the Navy Fighter Weapons School (TOPGUN) and is the city’s largest employer. The community is primarily composed of military personnel, agricultural workers, and retirees. Housing in Fallon ranges from ranch-style homes built during World War II to newer developments featuring stucco walls and New Traditional influences. The city faces challenges in expanding due to its agricultural land. Fallon’s downtown, particularly Maine Street, is recognized for its historical significance and offers a variety of dining options, including Mexican, Chinese, Indian, and American Western cuisine, along with shopping amenities like Walmart and Safeway. Churchill County Regional Park serves as the main recreational area, hosting events such as the Fallon Cantaloupe Festival & County Fair and the Fastest Gun Alive championship. The Churchill County School District, highly rated for its athletic programs, provides education through three elementary schools, one middle school, and one high school, which includes a Naval Junior ROTC program. Fallon is safer than the national average, though it experiences extreme desert temperatures. U.S. Route 50, known as “The Loneliest Road in America,” and Interstate 80 offer routes to nearby cities, including Reno, which is an hour away.

Home Trends in Fallon, NV

Housing Trends

Median Sale Price
$360,000
Median Single Family Sale Price
$359,900
Median Townhouse Sale Price
$230,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
35
Last 12 months Home Sales
117
Months of Supply
3.60
Median List Price
$365,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
11%
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