$750,000

960 Mark Ave Fallon, NV 89406

Estimated payment $4,217/month

Total Views 1,689
8 Beds
4 Baths
3,444 Sq Ft
$218 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Landscaped
  • Level Lot
  • Accessibility Features
  • Forced Air Heating System
  • Wood Siding

About This Home

Well-maintained 4-plex offering strong income potential and flexibility for both investors and owner-occupants. Renovated in 2021, the property features updated interiors and improvements that enhance appeal. Ideal opportunity to live in one unit while generating rental income from the remaining units, or add a turnkey multi-family property to your investment portfolio. Conveniently located in Fallon with access to local amenities, shopping, and the Fallon military base. Whether you're looking to expand your investments or offset your mortgage with rental income, this property offers potential.

Listing Agent

Alex Mendoza

AMRE License #B.1003297 Listed on: 06/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1987

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Wood Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 3,444 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Parking Space Included
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter: 4
  • Gas Water Heater
  • Internet Available

Additional Features

  • Accessibility Features
  • Breezeway

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 001-494-24

Community Details

Overview

  • 4 Units
  • The Mark Avenue Apartments Community

Pet Policy

  • Pets Allowed

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $1,300
  • Net Operating Income $44,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1987

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Year Built: 1987
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 3014-o
  • Co List Office Phone: 775-657-1214
  • Special Conditions: None
  • Directions: Veterans Memorial Hwy to W Tolas Pl left on Mark Ave
  • Has Cooling?: No
  • Has Fireplace?: No
  • Special Information Covenants Conditions Restrictions Y N: No
  • Pet Information Pets Allowed Y N: Yes
  • Contract Rent Control Y N: No
  • 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
  • Building Accessibility Features Y N5: Yes
  • Tax Legal Community Name5: Fallon
  • Building Building Name5: The Mark Avenue Apartments
  • Outdoor Living Spaces: Breezeway
  • TotalAnnualOperatingExpenses: 1300.0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring: Luxury Vinyl
  • Number Of Buildings: 1
  • Owner Pays: Sewer, Water
  • Total Bedrooms: 8
  • Window Features: Blinds, Double Pane Windows
  • Interior Features: None
  • Sprinklers: None
  • Window Features: Blinds, Double Pane Windows
  • Owner Pays: Sewer, Water

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Composition, Shingle
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Other Structures: None

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Assigned
  • Total Parking Spaces: 4.0
  • Unit1 Parking Capacity Per Unit: 1.0
  • Unit2 Parking Capacity Per Unit2: 1.0
  • Unit3 Parking Capacity Per Unit3: 1.0
  • Unit4 Parking Capacity Per Unit4: 1.0

Utilities

  • Utilities: Internet Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: In Unit
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 001-494-24
  • Fencing: Back Yard
  • Lot Size Sq Ft: 7841.0
  • Zoning: R2

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Scheduled Income: 55200.0
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 1
  • Total Actual Rent: 55200.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Tax Info

  • Tax Annual Amount: 2268.16

MLS Schools

  • Elementary School: Lahontan
  • HighSchool: Churchill

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,701 $75,641 $19,950 $55,691
2024 $2,147 $78,143 $19,950 $58,193
2023 $2,147 $71,589 $19,950 $51,639
2022 $1,839 $57,204 $9,100 $48,104
2021 $1,564 $50,864 $9,100 $41,764
2020 $1,505 $52,123 $9,100 $43,023
2019 $1,454 $51,653 $9,100 $42,553
2018 $1,388 $50,935 $9,100 $41,835
2017 $1,332 $50,963 $9,100 $41,863
2016 $1,299 $39,120 $9,100 $30,020
2015 $1,321 $35,294 $9,100 $26,194
2014 $1,237 $32,158 $9,100 $23,058
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2026 06/05/26 For Sale $750,000 -- $218 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 260007156

Northern Nevada Regional MLS

APN: 001-494-24

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