290 Ferguson St Fallon, NV 89406
Estimated payment $2,369/month
Highlights
- High Ceiling
- Mini Split Air Conditioners
- Landscaped
- Double Pane Windows
- Patio
- 4-minute walk to Grimes Point/Hidden Cave Archeological Site
About This Home
Excellent investment opportunity in Fallon, Nevada! This duplex features two standalone, income-producing units with strong cash-flow potential. Ideal for investors looking to expand their portfolio or owner-occupants seeking rental income—live in one unit and rent the other, or lease both for maximum return. Located in a desirable area with steady rental demand, this low-maintenance property offers long-term upside in a solid market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,288
Year Built
- Built in 1988
Lot Details
- 7,405 Sq Ft Lot
- Property is Fully Fenced
- Landscaped
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Composition Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,850 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Blinds
- Laminate Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Parking
- 2 Parking Spaces Included
- Assigned Parking
Outdoor Features
- Patio
Schools
- E.C. Best Elementary School
- Churchill Middle School
- Churchill High School
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Separate Meters
- Underground Utilities
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for internet, trash collection, telephone, gas, electricity
- The owner pays for water, sewer, exterior maintenance
- Assessor Parcel Number 001-613-04
Community Details
Overview
- 2 Units
- Fallon Community
- On-Site Maintenance
- Maintained Community
Pet Policy
- No Pets Allowed
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Net Operating Income $32,223
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,219 | $44,787 | $12,950 | $31,837 |
| 2024 | $1,219 | $44,118 | $12,250 | $31,868 |
| 2023 | $1,219 | $41,847 | $12,250 | $29,597 |
| 2022 | $1,095 | $33,447 | $7,875 | $25,572 |
| 2021 | $930 | $30,553 | $7,875 | $22,678 |
| 2020 | $899 | $30,903 | $7,875 | $23,028 |
| 2019 | $873 | $30,211 | $7,875 | $22,336 |
| 2018 | $834 | $29,574 | $7,875 | $21,699 |
| 2017 | $809 | $29,478 | $7,875 | $21,603 |
| 2016 | $789 | $23,234 | $7,875 | $15,359 |
| 2015 | $772 | $21,229 | $7,875 | $13,354 |
| 2014 | $754 | $19,531 | $7,875 | $11,656 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2026 01/24/26 | For Sale | $439,000 | 0.0% | $237 / Sq Ft | |
| 08/19/2025 08/19/25 | Rented | $1,850 | 0.0% | -- | |
| 08/10/2025 08/10/25 | For Rent | $1,850 | -1.3% | -- | |
| 04/18/2025 04/18/25 | Rented | $1,875 | +2.7% | -- | |
| 03/17/2025 03/17/25 | For Rent | $1,825 | 0.0% | -- | |
| 04/23/2024 04/23/24 | Rented | $1,825 | 0.0% | -- | |
| 04/08/2024 04/08/24 | For Rent | $1,825 | 0.0% | -- | |
| 08/04/2023 08/04/23 | Sold | $325,000 | -9.5% | $114 / Sq Ft | View Prior Sale |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- | |
| 06/13/2023 06/13/23 | For Sale | $359,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $325,000 | Stewart Title Company | |
| Bargain Sale Deed | $85,000 | Western Nevada Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $40,888 | Stewart Title Of Nevada | |
| Trustee Deed | $165,820 | First American Title | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | $165,000 | First Centennial Title Co Nv | |
| Quit Claim Deed | -- | None Available | |
| Bargain Sale Deed | $110,000 | Stewart Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $243,750 | New Conventional | |
| Previous Owner | $132,000 | Purchase Money Mortgage | |
| Previous Owner | $110,000 | New Conventional |
Source: Northern Nevada Regional MLS
MLS Number: 260000870
APN: 001-613-04
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