4300 Reno Highway, Fallon, NV 89406

Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
4300 Reno Highway,Fallon, NV 89406
$555,000
  • - Beds
  • - Baths
  • 2,850 sq. ft.
  • Multi-family
  • Active
Listed by:donal minihan
Office:re/max professionals-reno
MLS#:250051401
Source:NV_NNRMLS

Price summary

  • Price:$555,000
  • Price per sq. ft.:$194.74

About this home

4300 Reno Hwy offers a compelling opportunity to acquire a fully stabilized, turn-key triplex in the growing market of Fallon, NV. With an estimated 6 percent CAP rate, this property provides solid in-place cash flow and minimal deferred maintenance—ideal for investors seeking a low-maintenance, income-producing asset. Each of the three townhome-style units features a 2-bedroom, 1-bath layout with spacious living rooms, full kitchens, large bedrooms, and bathrooms with shower-over-tub configurations. Tenants enjoy private covered patios, carports, and dedicated storage sheds, enhancing overall tenant satisfaction and leasing demand. All units have been extensively modernized since 2022, including luxury vinyl plank flooring, updated carpet, and refreshed fixtures throughout. Property systems include natural gas wall heaters, evaporative coolers, electric ranges, and gas water heaters—all contributing to efficient, cost-effective operations. The property is serviced by a shared

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Home facts

  • Year built:1980
  • Listing ID #:250051401
  • Added:104 day(s) ago
  • Updated:August 30, 2025 at 03:31 PM

Rooms and interior

  • Living area:2,850 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Heating, Wall Furnace

Structure and exterior

  • Year built:1980
  • Building area:2,850 sq. ft.
  • Lot area:1.03 Acres

Schools

  • High school:Churchill
  • Middle school:Churchill
  • Elementary school:Lahontan

Utilities

  • Water:Private, Shared Well, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$555,000
  • Price per sq. ft.:$194.74
  • Tax amount:$1,915
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