$1,999,999

210 1st St Fernley, NV 89408

Estimated payment $11,753/month

Total Views 4,727
19 Beds
10 Baths
8,432 Sq Ft
$237 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Laundry Room
  • Partially Fenced Property
  • Forced Air Heating and Cooling System
  • Drip System Landscaping
  • 4-minute walk to In Town Skate Park

About This Home

An excellent investment opportunity! A rare multi family property in Fernley with ten Apartments on 1/2 acre lot. Nine 2 bed/1bath Apartments and One 1 bed/1bath Apt. About 18 miles to the Business Park and Tesla Giga factory. Financials, Rent Roll, APOD are available. No sign on the property. Do not disturb the tenants. Seller intends to do a 1031 exchange. DRIVE BY. Do not disturb the Tenants. Viewing after accepted offer. No sign on the property.

Listing Agent

Tom Rigdon

Sequoia Homes And Properties License #B.14695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 1982

Lot Details

  • 0.51 Acre Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Drip System Landscaping

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 8,432 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 20 Parking Spaces
  • Carport
  • 2 Parking Spaces Included

Schools

  • Fernley Elementary School
  • Silverland Middle School
  • Fernley High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 02001102

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Fernley Village Apts Community

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Community Storage Space
  • Security Lighting

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,977

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Apartment Complex
  • Extended Remarks: Seller intends to do a 1031 exchange. DRIVE BY. Do not disturb the Tenants. Viewing after accepted offer. No sign on the property.
  • Lvt Date: 02/12/2025
  • Year Built: 1982
  • Access Type: Public
  • Xstreet Directions: Front
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Oven/Range, Refrigerator
  • Water Heater: Natural Gas
  • Flooring: Carpet, Laminate, Sheet Vinyl
  • Price Per Sq Ft: 237.19
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 8432

Exterior Features

  • Windows: Double Pane
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Partial
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Pitched
  • Stories: 2 Story

Garage/Parking

  • Total Parking Capacity: 20
  • Parking Capacity Per Unit: 2
  • Parking Types: Carport

Utilities

  • Sprinklers: Drip-Front
  • Heating Cooling: Air Unit, Electric, Natural Gas, Forced Air
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed
  • Facility Features: Pet Restrictions, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Separate Water Heaters
  • Individually Metered: Yes
  • Laundry: Separate

Condo/Co-op/Association

  • Common Features: Alley Access, Security Lighting, Storage Shed
  • Complex Name: Fernley Village Apts

Schools

  • Elementary School: Fernley
  • Middle School: Silverland
  • High School: Fernley

Lot Info

  • Acreage: 0.51
  • Parcel Number: 02001102
  • Zoning Actual: MF30

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month to Month

Tax Info

  • Taxes Dollar: 7977

Multi Family

  • APOD Available: Yes
  • Gross Scheduled Income: 125124
  • Number Units: 10
  • Unit Features: Blinds/Shades, Smoke Detector

MLS Schools

  • Elementary School: Fernley
  • HighSchool: Fernley
  • Middle School: Silverland

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 For Sale $1,999,999 +53.8% $237 / Sq Ft
02/08/2019 02/08/19 Sold $1,300,000 -6.5% $154 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $1,390,000 +531.8% $165 / Sq Ft
04/12/2013 04/12/13 Sold $220,000 -8.3% $28 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $240,000 -- $31 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 250001651

Northern Nevada Regional MLS

APN: 020-011-02