Fallon, NV
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    Fallon, NV Multifamily Properties for Sale

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    Fernley, NV Silver Springs, NV
    Versatile Fallon Property for Sale
    $280,000
    3,789 SF

    Versatile Fallon Property for Sale

    406 S Maine St, Fallon, NV 89406

    3,789 sq ft property ideal for commercial or residential conversion.

    • 3,789 sq. ft. of versatile space suitable for commercial or residential conversion.
    • Prime location on S. Main Street offering high visibility and accessibility.
    • Ideal for conversion into commercial office space or a multi‑unit residential complex.
    • Numerous rooms and bathrooms provide flexibility for various layouts.
    • Unique investment opportunity.
    Updated: May 13, 2025
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    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 1 Active listings in Fallon, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sparks Multifamily Investment Opportunity
    $699,900
    2,144 SF

    Sparks Multifamily Investment Opportunity

    Three-unit property in Sparks, NV, near amenities and freeway.

    1018 E Street lot: 1018, 1016, 1018-1/2 E Street, Sparks, NV 89431
    View details
    Sparks Duplex Near Victorian Square
    $499,900
    1,625 SF

    Sparks Duplex Near Victorian Square

    Charming, remodeled duplex in prime Sparks location with income potential.

    1224 F Street, Sparks, NV 89431
    View details
    Reno Condo Portfolio Opportunity
    $1,125,000
    860 SF

    Reno Condo Portfolio Opportunity

    10-unit condo portfolio with multiple exit strategies in Reno.

    4600 Neil Road, Reno, NV 89502
    View details
    Multifamily Investment Near Midtown Reno
    $1,075,000
    4,256 SF

    Multifamily Investment Near Midtown Reno

    Multifamily investment property featuring six spacious units near Midtown Reno.

    1761 Stewart St, Reno, NV 89502
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Silver Springs Land For Sale
    $65,000
    4.72 Acres

    Silver Springs Land For Sale

    4.72 acre lot in Silver Springs, Nevada.

    3155 Quince Avenue, Silver Springs, NV 89429
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    Land in Carson City, Nevada
    $159,999

    Land in Carson City, Nevada

    Land available in Carson City, Nevada.

    2387 Sneddon Way, Carson City, NV 89706
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    Humboldt River Ranch Corner Lot
    Contact for pricing
    1.51 Acres

    Humboldt River Ranch Corner Lot

    1.51 acre corner lot near Rye Patch Reservoir.

    21990 Summer View Drive, Lovelock, NV 89419
    View details
    Plumas County 5-Acre Residential Land
    $50,000
    5.06 Acres

    Plumas County 5-Acre Residential Land

    5-acre residential land parcel in Plumas County, California.

    350 Espinal DR, Portola, CA 96122
    View details

    Off-Market Properties in Fallon, NV

    Consider similar Off-Market properties in Fallon, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    930 Ctr St
    APARTMENT HOUSE (5+ UNITS)
    4,731 SF Lot: 1.91 Acres
    Estimated value
    $725,000

    930 Ctr St, Fallon, NV 89406-3615

    View details
    79 Richards St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,702 SF Lot: 0.33 Acres
    Value Estimation by Request
    Unit 1

    79 Richards St, Fallon, NV 89406-3300

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    250  St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    1,494 SF Lot: 0.50 Acres
    Value Estimation by Request
    Unit 1

    250 St, Fallon, NV 89406-3460

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    650 Maine St
    APARTMENT HOUSE (5+ UNITS)
    1,808 SF Lot: 5.25 Acres
    Estimated value
    $555,000

    650 Maine St, Fallon, NV 89406-2810

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    125 Frnt St Spc, Unit 1
    MOBILE HOME PARK, TRAILER PARK
    1,044 SF Lot: 1.92 Acres
    Value Estimation by Request
    Unit 1

    125 Frnt St Spc, Fallon, NV 89406-3809

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    165 Laverne St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    1,704 SF Lot: 0.51 Acres
    Estimated value
    $1,200,000
    Unit 1

    165 Laverne St, Fallon, NV 89406-2945

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    1204 Frnt St
    APARTMENT HOUSE (5+ UNITS)
    4,094 SF Lot: 0.37 Acres
    Estimated value
    $515,000

    1204 Frnt St, Fallon, NV 89406-6110

    View details
    2255 Casey Rd
    MOBILE HOME PARK, TRAILER PARK
    2,414 SF Lot: 1.87 Acres
    Value Estimation by Request

    2255 Casey Rd, Fallon, NV 89406-7882

    View details
    248 Ww St
    APARTMENT HOUSE (5+ UNITS)
    1,792 SF Lot: 0.28 Acres
    Estimated value
    $755,000

    248 Ww St, Fallon, NV 89406-3442

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    602 Timothy Way
    APARTMENT HOUSE (5+ UNITS)
    9,630 SF Lot: 0.43 Acres
    Estimated value
    $520,000

    602 Timothy Way, Fallon, NV 89406-2745

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    601 Timothy Way
    APARTMENT HOUSE (5+ UNITS)
    9,264 SF Lot: 0.39 Acres
    Value Estimation by Request

    601 Timothy Way, Fallon, NV 89406-2746

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    1420 Grimes St
    APARTMENT HOUSE (5+ UNITS)
    2,592 SF Lot: 0.93 Acres
    Estimated value
    $2,350,000

    1420 Grimes St, Fallon, NV 89406-3120

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    1420 Grimes St
    APARTMENT HOUSE (5+ UNITS)
    2,592 SF Lot: 1.43 Acres
    Estimated value
    $2,350,000

    1420 Grimes St, Fallon, NV 89406-3120

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    240 Serpa Pl
    APARTMENT HOUSE (5+ UNITS)
    330 SF Lot: 1.84 Acres
    Value Estimation by Request

    240 Serpa Pl, Fallon, NV 89406-6434

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    4910 Reno Hwy
    MOBILE HOME PARK, TRAILER PARK
    1,350 SF Lot: 8.86 Acres
    Value Estimation by Request

    4910 Reno Hwy, Fallon, NV 89406-5325

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    835 Stillwater Ave, Unit 1
    MOBILE HOME PARK, TRAILER PARK
    1,008 SF Lot: 1.00 Acre
    Value Estimation by Request
    Unit 1

    835 Stillwater Ave, Fallon, NV 89406-4066

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    725 Frnt St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    580 SF Lot: 1.39 Acres
    Value Estimation by Request
    Unit 1

    725 Frnt St, Fallon, NV 89406-7139

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    140 Taylor St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,400 SF Lot: 1.16 Acres
    Estimated value
    $2,185,000
    Unit 1

    140 Taylor St, Fallon, NV 89406-2744

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    5 State St
    APARTMENT HOUSE (5+ UNITS)
    384 SF Lot: 0.38 Acres
    Value Estimation by Request

    5 State St, Fallon, NV 89406-3456

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    855 Harrigan Rd Spc, Unit 1
    MOBILE HOME PARK, TRAILER PARK
    662 SF Lot: 3.78 Acres
    Estimated value
    $565,000
    Unit 1

    855 Harrigan Rd Spc, Fallon, NV 89406-8962

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    4800 Reno Hwy
    MOBILE HOME PARK, TRAILER PARK
    1,008 SF Lot: 13.18 Acres
    Value Estimation by Request

    4800 Reno Hwy, Fallon, NV 89406-5324

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    4333 Reno Hwy Spc, Unit 1
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.85 Acres
    Value Estimation by Request
    Unit 1

    4333 Reno Hwy Spc, Fallon, NV 89406-8302

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    2135 Greenleaf Ln, Unit A
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.56 Acres
    Value Estimation by Request
    Unit A

    2135 Greenleaf Ln, Fallon, NV 89406-8970

    View details

    Fallon, NV Multifamily Properties Investment Opportunities Market Analysis

    Explore 67 multifamily properties for sale in Fallon, NV on our real estate platform. These investment opportunities span a total of 3,789 square feet of properties for sale, with an estimated market value of $280,000.

    Sale prices for multifamily properties in Fallon, NV start at $280,000, averaging $280,000, and reaching up to $280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 26K
    Population Growth (5Y) +6.5%
    Median Household Income $73,268
    College Educated 15.3%

    High-Yield Neighborhoods for Investment

    Identify Fallon submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    89406 $280K

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $65.75 per sq ft
    Average Loan-to-Value 65.0%

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