Fallon, NV 89406,4300 Reno HWY Highway
Fallon, NV 89406,4300 Reno HWY Highway
Fallon, NV 89406,4300 Reno HWY Highway
Fallon, NV 89406,4300 Reno HWY Highway
Fallon, NV 89406,4300 Reno HWY Highway
Fallon, NV 89406,4300 Reno HWY Highway
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$ 555,000
Est. payment | /mo

2,850 SqFt


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$ 555,000
Est. payment | /mo
Save

2,850 SqFt

Key Details

Property Type Manufactured Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $194

MLS Listing ID 250051401

Year Built 1980

Annual Tax Amount $1,915

Lot Size 1.030 Acres

Acres 1.03

Lot Dimensions 1.03

Property Sub-Type Triplex

Property Description

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% 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 private well with a new booster pump and a private septic system, reducing ongoing utility expenses. Additional surface parking provides flexibility for tenants and guests.

Conveniently located just minutes from downtown Fallon and within commuting distance of the Reno-Tahoe Industrial Center, the property benefits from regional economic growth, strong rental demand, and a functional, tenant-friendly design.
Each of the three townhome-style units features a 2-bedroom, 1-bathroom layout with a spacious living room, full kitchen, large bedrooms, and a bathroom with a shower-over-tub. Tenants enjoy private covered patios, carports, and dedicated storage sheds, enhancing rental appeal and tenant satisfaction.

Since 2022, all three units have been extensively modernized, including updated luxury vinyl plank flooring, carpet, and fixtures. Systems include natural gas wall heaters, evaporative coolers for efficient cooling, electric ranges, and gas water heaters.

The property is served by a private shared well with a new booster pump and its own septic system, reducing utility expenses and long-term operational costs. Additional surface parking offers flexibility for tenants or guests.

Located just minutes from downtown Fallon and in proximity to the Reno-Tahoe Industrial Center, this asset benefits from regional economic growth, strong rental demand, and a tenant-friendly design.

Location

State NV

County Churchill

Zoning C1

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Vinyl

Fireplace No

Laundry Common Area

Exterior

Exterior Feature None

Parking Features Carport, Common

Pool None

Utilities Available Electricity Connected, Natural Gas Connected, Cellular Coverage

View Y/N No

Roof Type Composition,Pitched

Porch Patio

Garage No

Building

Lot Description Level

Story 1

Foundation Crawl Space

Water Private, Shared Well, Well

Structure Type Wood Siding

Schools

Elementary Schools Lahontan

Middle Schools Churchill

High Schools Churchill

Others

Tax ID 00846109

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Listed by RE/MAX Professionals-Reno

Learn More About LPT Realty

agent
William Grow

Agent | License ID: S.0200013

+1(775) 413-1997 | bill.grow@lptrealty.com

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4300 Reno HWY Highway