Fernley, NV Multifamily Homes & Duplexes for Sale

Fernley, Nevada, located equidistant from Pyramid Lake and Reno, is a city with a rich industrial heritage and a growing manufacturing sector. Founded in 1904, Fernley developed significantly in the 1960s with the arrival of a cement factory and now hosts a Tesla Gigafactory, contributing to its thriving economy. The housing market in Fernley features a mix of older ranch-style homes and newer developments with Mediterranean and Spanish Revival influences, particularly in secluded subdivisions like the Farm District. Home values have risen from $292,000 in 2020 to $423,000 in 2024. Fernley’s industrial park is home to major companies like UPS and Sherwin Williams, providing ample employment opportunities. Local parks, such as Fernley Out of Town Park, offer recreational features including baseball fields, a playground, and a rodeo arena, while the Fernley Swimming Pool provides swim programs for all ages. Dining options include several Mexican restaurants on Main Street and diverse eateries at Fernley Village Marketplace. Interstate 80 connects Fernley to Reno within a 35-mile drive, and Reno-Tahoe International Airport is similarly accessible. Fernley High School offers dual enrollment programs with Western Nevada College. Public safety is managed by the Lyon County Sheriff’s Office, with property crime rates below both national and state averages.