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    Fallon, NV Residential Income 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 76 Potential Opportunities for your consideration. Besides 1 Active listings in Fallon, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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+ Community Ground-Floor Unit
    $135,000
    940 SF
    55+ Community Ground-Floor Unit

    Ground-level 2-bedroom unit with a single-car garage and courtyard access in a well-maintained 55+ community.

    1945 4th Street, Sparks, NV 89431

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    Level End-of-Subdivision Land Lot
    $244,999
    0.37 Acres
    Level End-of-Subdivision Land Lot

    Level lot with utilities in place and public road access, plus an as-is remodeled manufactured home for flexible use.

    5428 Lupin Drive, Sun Valley, NV 89433

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    55+ Co-Op End-Unit Residence
    $133,000
    940 SF
    55+ Co-Op End-Unit Residence

    Top-floor end unit in a 55+ co-op community with a detached garage and utility coverage through the monthly co-op fee.

    1940 4th Street, Sparks, NV 89431

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    Residential Lot with Mobile Home
    $150,000
    0.35 Acres
    Residential Lot with Mobile Home

    Residential lot on a cul-de-sac with an included single wide mobile home sold strictly as-is.

    565 Llewellyn Road, Sun Valley, NV 89433

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    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.

    Fallon, NV Land For Sale
    $115,000
    0.47 Acres
    Fallon, NV Land For Sale

    Flat lot suitable for a 10-plex multi-family building.

    321 Silver Spur Drive, Fallon, NV 89406

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    Two Acre Parcel Near NAS
    $195,000
    2.00 Acres
    Two Acre Parcel Near NAS

    Two acre parcel suitable for development near NAS Fallon Base.

    2030 Harrigan Rd, Fallon, NV 89406

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    Mixed-Use Land in Fallon, NV
    $7,000,000
    68.95 Acres
    Mixed-Use Land in Fallon, NV

    Large property with mixed zoning and development potential in Fallon.

    York Ln, Fallon, NV 89406

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    Vacant Land in Fallon, Nevada
    $49,000
    1.02 Acres
    Vacant Land in Fallon, Nevada

    One-acre vacant land suitable for building a home.

    1211 Jungle Drive, Fallon, NV 89406

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    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

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    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

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    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

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    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

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    Fallon, NV Residential Income Properties Investment Opportunities Market Analysis

    Explore 68 residential income 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 residential income 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1

    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 average 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 SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Churchill County

    New Delisted

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