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    Fernley, NV
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    Fernley, NV Multifamily Properties for Sale

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    Silver Springs, NV Fallon, NV Wadsworth, NV Stagecoach, NV Sparks, NV Reno, NV Virginia City, NV Carson City, NV
    Multifamily Apartment Building
    Updated: Aug 26, 2023
    Multifamily Apartment Building

    210 1st Street, Fernley, NV 89408

    $1,999,999
    8,432 sqft 0.50 AC lot
    10‑unit apartment building on a 1/2‑acre lot (nine 2 bed/1 bath units and one 1 bed/1 bath unit)
    Separate meters for gas, electric, and water; separated heating/cooling and separate water heaters
    Indoor laundry: separate laundry; double‑pane windows and blinds/shades in unit features
    Appliances included: refrigerator, oven/range, disposal, and dishwasher
    Heating/cooling includes air unit and forced air with electric and natural gas
    View details
    Zoned MF30 Multifamily Property
    Updated: Apr 11
    Zoned MF30 Multifamily Property

    45 West Street, Fernley, NV 89408

    Contact for pricing
    $1,100/month rent for new tenants (as stated)
    Long‑term tenants currently paying below market rent
    Well‑maintained multifamily asset
    Seller notes two additional properties available for a total of 6 units plus a 0.27 vacant lot
    Zoned MF‑30, allowing up to 30 units per acre
    View details
    Zoned Multifamily Income Property
    Zoned Multifamily Income Property

    125 Johnson Ln, Fernley, NV 89408

    Contact for pricing

    Well-maintained multifamily property with below-market long-term rents and MF-30 zoning supporting up to 30 units per acre.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 3 Active listings in Fernley, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 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.

    55+ Corner Unit with Detached Garage
    55+ Corner Unit with Detached Garage

    1940 4th Street, Sparks, NV 89431

    $129,000
    841 sqft

    Move-in ready corner unit featuring double-pane vinyl windows, updated kitchen and bathroom, plus a detached garage.

    View details
    Top-Floor End Unit Co-Op Home
    Top-Floor End Unit Co-Op Home

    1940 4th Street, Sparks, NV 89431

    $133,000
    940 sqft

    Top-floor end unit in a 55+ co-op community with new carpet, plantation shutters, and a detached garage.

    View details
    Residential Income Property
    Residential Income Property

    1070 US-50, Silver Springs, NV 89429

    Contact for pricing

    Residential income property currently rented, generating $35,000 gross rent.

    View details
    RV Park with Storage Sheds
    RV Park with Storage Sheds

    5340 Kafal, Silver Springs, NV 89429

    $115,000

    RV park includes storage sheds and on-site well service with solar and generator backup.

    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.

    Land in Carson City, Nevada
    Land in Carson City, Nevada

    2387 Sneddon Way, Carson City, NV 89706

    $150,000

    Land available in Carson City, Nevada.

    View details
    Plumas County 5-Acre Residential Land
    Plumas County 5-Acre Residential Land

    350 Espinal DR, Portola, CA 96122

    $50,000
    5.06 AC lot

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

    View details
    Mountain View Acreage in Berry Creek
    Mountain View Acreage in Berry Creek

    374 Jatko, Berry Creek, CA 95916

    $75,000
    6.79 AC lot

    6.79 acres of terraced land with mountain views.

    View details
    Residential Homesite Land
    Residential Homesite Land

    16305 Hillcrest Drive, Corning, CA 96021

    Contact for pricing
    1.86 AC lot

    1.86-acre homesite in the Rancho Tehama community with utilities nearby and access to a community park.

    View details

    Off-Market Properties in Fernley, NV

    Consider similar Off-Market properties in Fernley, 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.

    3285 Us Hwy 50th E
    MOBILE HOME PARK, TRAILER PARK

    3285 Us Hwy 50th E, Fernley, NV 89408-5675

    Value Estimation by Request
    1,200 sqft 9.07 AC lot
    View details
    360 Jill Ct
    APARTMENT HOUSE (5+ UNITS)

    360 Jill Ct, Fernley, NV 89408-9787

    $955,000
    Estimated value
    5,266 sqft 0.50 AC lot
    View details
    380 Jill Ct
    APARTMENT HOUSE (5+ UNITS)

    380 Jill Ct, Fernley, NV 89408-9788

    $1,015,000
    Estimated value
    5,266 sqft 0.49 AC lot
    View details
    575 Farm District Rd
    APARTMENT HOUSE (5+ UNITS)

    575 Farm District Rd, Fernley, NV 89408-8731

    $655,000
    Estimated value
    4,078 sqft 0.91 AC lot
    View details
    335 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    335 Cedar St, Fernley, NV 89408-9521

    Value Estimation by Request
    4,928 sqft 0.23 AC lot
    View details
    475 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    475 Cedar St, Fernley, NV 89408-8675

    $5,005,000
    Estimated value
    4,048 sqft 1.58 AC lot
    View details
    350 Willow Way
    APARTMENT HOUSE (5+ UNITS)

    350 Willow Way, Fernley, NV 89408-8735

    $2,875,000
    Estimated value
    6,476 sqft 3.44 AC lot
    View details
    530 Main St
    MOBILE HOME PARK, TRAILER PARK

    530 Main St, Fernley, NV 89408-7605

    $835,000
    Estimated value
    1.43 AC lot
    View details
    201 Lois Ln
    APARTMENT HOUSE (5+ UNITS)

    201 Lois Ln, Fernley, NV 89408-9816

    $7,665,000
    Estimated value
    7,680 sqft 0.82 AC lot
    View details
    195 Lois Ln
    APARTMENT HOUSE (5+ UNITS)

    195 Lois Ln, Fernley, NV 89408-9544

    $7,610,000
    Estimated value
    6,144 sqft 0.89 AC lot
    View details
    199 Lois Ln
    APARTMENT HOUSE (5+ UNITS)

    199 Lois Ln, Fernley, NV 89408

    $7,570,000
    Estimated value
    6,144 sqft 0.56 AC lot
    View details
    197 Lois Ln
    APARTMENT HOUSE (5+ UNITS)

    197 Lois Ln, Fernley, NV 89408

    $7,590,000
    Estimated value
    7,680 sqft 0.71 AC lot
    View details
    450 Willow Way
    APARTMENT HOUSE (5+ UNITS)

    450 Willow Way, Fernley, NV 89408-7527

    $520,000
    Estimated value
    11,140 sqft 0.61 AC lot
    View details
    210 1st St
    APARTMENT HOUSE (5+ UNITS)

    210 1st St, Fernley, NV 89408-8420

    Value Estimation by Request
    4,420 sqft 0.51 AC lot
    View details
    115 Curry Dr
    APARTMENT HOUSE (5+ UNITS)

    115 Curry Dr, Fernley, NV 89408-9526

    Value Estimation by Request
    3,472 sqft 0.44 AC lot
    View details
    405 Jill Ct
    APARTMENT HOUSE (5+ UNITS)

    405 Jill Ct, Fernley, NV 89408-9804

    $540,000
    Estimated value
    4,113 sqft 0.97 AC lot
    View details
    335 Jill Ct
    APARTMENT HOUSE (5+ UNITS)

    335 Jill Ct, Fernley, NV 89408-9805

    $665,000
    Estimated value
    5,076 sqft 1.03 AC lot
    View details
    675 Silverlace Blvd
    APARTMENT HOUSE (5+ UNITS)

    675 Silverlace Blvd, Fernley, NV 89408-9597

    $1,260,000
    Estimated value
    5,580 sqft 1.34 AC lot
    View details
    1250 Newlands W Dr
    APARTMENT HOUSE (5+ UNITS)

    1250 Newlands W Dr, Fernley, NV 89408-8937

    $575,000
    Estimated value
    4,482 sqft 0.85 AC lot
    View details
    550 Main St
    MOBILE HOME PARK, TRAILER PARK

    550 Main St, Fernley, NV 89408-7757

    Value Estimation by Request
    1,416 sqft 2.43 AC lot
    View details
    425 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    425 Cedar St, Fernley, NV 89408-8339

    Value Estimation by Request
    1,012 sqft 1.09 AC lot
    View details

    Fernley, NV Multifamily Properties Market Trends and Statistics

    Explore 34 multifamily properties for sale in Fernley, NV, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,432 square feet of properties for sale, with an estimated market value of $1,999,999.

    Sale prices for multifamily properties in Fernley, NV average $1,999,999 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +20.4%
    Median Household Income $87,723
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    89408 $2M

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    Property Tax per SF $74.45 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lyon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lyon County

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