$405,000
$20K PRICE DROP

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

Estimated payment $2,319/month

Total Views 1,756
-- Bed
-- Bath
1,776 Sq Ft
$228 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • Lahontan Elementary School Rated A-
  • Shed
  • Forced Air Heating System

About This Home

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.

Listing Agent

Tami Baca

Cardin Realty Pros License #S.54725 Listed on: 04/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Duplex
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Parking Spaces Included
  • Alley Access
  • Assigned Parking

Outdoor Features

  • Shed

Schools

  • Lahontan Elementary School
  • Churchill Middle School
  • Churchill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter: 2
  • Gas Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 001-515-09

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Fallon Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$985

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.24
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1480-o
  • Co List Office Phone: 775-575-9999
  • Directions: W Williams
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Tax Legal Zoning4: R15K
  • Building Stories5: 1
  • Lot Features Landscaped: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Lahontan
  • Tax Legal High School2: Churchill
  • Lot Lot Size Acres4: 0.24
  • Lot Lot Size Square Feet4: 10454.4
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 985.27
  • Lot Spa Y N4: No
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Churchill
  • Other Structures Shed(s): Yes
  • Other Structures Storage4: Yes
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Fallon
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Building Home Warranty Y N4: No
  • Meter Information Number Of Separate Water Meters: 2
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Number Of Buildings: 2
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Flooring Laminate: Yes
  • Cooling Wall Window Unit(s): Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1776.0
  • Laundry Features In Unit: Yes
  • Unit1 Furnished3: Unfurnished
  • Unit2 Furnished6: Unfurnished

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Shed(s), Storage
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Assigned
  • Total Parking Spaces: 4.0
  • Parking Information Parking Total4: 4.0
  • Parking Features Assigned: Yes
  • Parking Features Alley Access: Yes
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 2.0
  • Unit2 Garage Attached Y N2: No
  • Unit2 Parking Capacity Per Unit2: 2.0

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 001-515-09
  • Fencing: Partial
  • Lot Size Sq Ft: 10454.4
  • Zoning: R15K

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Number of Month to Month Units: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 985.27

MLS Schools

  • Elementary School: Lahontan
  • HighSchool: Churchill

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

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 $985 $35,833 $12,950 $22,883
2024 $985 $34,754 $12,250 $22,504
2023 $985 $32,920 $12,250 $20,670
2022 $845 $26,881 $9,363 $17,518
2021 $815 $25,847 $9,363 $16,484
2020 $783 $25,840 $9,363 $16,477
2019 $756 $25,102 $9,363 $15,739
2018 $722 $24,427 $9,363 $15,064
2017 $701 $24,144 $9,363 $14,781
2016 $683 $19,554 $9,363 $10,191
2015 $669 $18,104 $9,363 $8,741
2014 $652 $16,874 $9,363 $7,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $405,000 -4.7% $228 / Sq Ft
04/14/2025 04/14/25 For Sale $425,000 -- $239 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Ticor Title
Interfamily Deed Transfer -- Ticor Title Reno
Bargain Sale Deed $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Closed $210,000 New Conventional
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250004786

Northern Nevada Regional MLS

APN: 001-515-09