OFF MARKET

Off market mar 2025 for $195K

—

Est. refi paymentEst. refi $1,133/mo

•

7 ba

•

—

sq ft

79 W Richards, Fallon, NV 89406

About this home

INVESTOR SPECIAL seller finance terms available with 30% down. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. This property could also utilized as a land play with a great central location to build new and utilize the C-1 Zoning. 7 units all 1 bed, 1 bath and similar size. Many big ticket projects have been nearly completed including a new sewer line, new electrical master panel with romex wiring in the main building (option to individually meter available), Newer 200 gallon hot water heater system, new Pex water lines and plumbing, and a sealed roof with scuppers on the main building. Building plans for the 5-unit building found in photos will transfer with the property along with any and all building material on-site. Third structure may be used for a laundry facility or additional storage. Advantageous C-1 zoning will allow for a myriad of additional uses.

Multi-familyProperty Type

1923Year Built

0.33 acresLot Size

7 spacesParking

Listed by Cameron Meals • Blue Sierra Realty

Bought with Kate Leddy-Tate • Sierra Sotheby's Intl. Realty

Redfin checked: 2 minutes ago

•Source:NNRMLS #220009972

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 89406, NV

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.6%

1.1% MoM

Median sale price

$440K

$8K MoM

Avg. days on market

52d

7 days MoM

Recently sold homes

12 MoM

New listings for sale

NEW 27 HRS AGO
$520,000
3 beds2 baths1,966 sq ft
827 Elkhorn Way, Fallon, NV 89406
$398,000
3 beds2 baths1,571 sq ft
388 Nola St, Fallon, NV 89406
$599,500
4 beds2.5 baths2,286 sq ft
1515 Getto Cir, Fallon, NV 89406
$599,000
3 beds2 baths1,196 sq ft
1655 Rio Vista Dr, Fallon, NV 89406
SHORT SALE
$309,900
3 beds1 bath1,200 sq ft
654 Douglas St, Fallon, NV 89406
LISTED BY REDFIN
$480,000
3 beds2 baths1,647 sq ft
1075 Penelope Dr, Fallon, NV 89406
$560,000
4 beds2 baths2,100 sq ft
6286 Westwind Way, Fallon, NV 89406
$415,000
3 beds2 baths1,602 sq ft
551 Meadow Glen Dr, Fallon, NV 89406
See all

Provided by Redfin

Sale history for 79 W Richards

Date

Event

Price

NNRMLS #220009972

Mar 17, 2025

Sold

$195,000

Mar 13, 2025

Pending

—

Jan 31, 2025

Price Changed

$203,950

Oct 30, 2024

Price Changed

$204,500

May 20, 2024

Relisted

—

May 2, 2024

Contingent

—

Apr 18, 2024

Relisted

—

Nov 28, 2023

Contingent

—

Nov 2, 2023

Relisted

—

Oct 14, 2023

Pending

—

Jul 17, 2023

Price Changed

$205,000

Apr 13, 2023

Price Changed

$240,000

Apr 12, 2023

Relisted

—

Mar 8, 2023

Listing Removed

—

Jan 4, 2023

Relisted

—

Dec 28, 2022

Listing Removed

—

Sep 30, 2022

Price Changed

$245,000

Jul 5, 2022

Listed

$285,000

NNRMLS #210017992

Feb 15, 2022

Sold

$170,000

Jan 19, 2022

Pending

—

Jan 6, 2022

Relisted

—

Dec 28, 2021

Contingent

—

Dec 14, 2021

Listed

$265,000

+16

FANTASTIC INVESTMENT OPPORTUNITY. This 7 plex has a new roof, new roof drain system, new windows, plumbing has been replaced from the street to the building and throughout. New sewer lines, all new electrical and sub panels. Many areas of the flooring have been replaced and leveled. There is a new 200 gallon hot water heater system for the units. This property just needs to be completed and could be a wonderful income producing property.

NNRMLS #210002565

Jul 28, 2021

Sold

$145,000

Jul 10, 2021

Pending

—

Jun 27, 2021

Price Changed

$179,900

May 23, 2021

Price Changed

$210,000

Apr 26, 2021

Relisted

—

Apr 26, 2021

Pending

—

Apr 7, 2021

Relisted

—

Mar 27, 2021

Pending

—

Mar 16, 2021

Relisted

—

Mar 5, 2021

Contingent

—

Mar 1, 2021

Listed

$255,000

Great buy on this vacant 7 plex multi family unit in Fallon that needs TLC. Zoned C1. Five 1 bedroom, 1 bath units & Two 2 bedroom, 1 bath units. 2 electric, 1 water & seperate gas meter, all radiant heaters. All units are serviced by 1 hot water heater that is located in the basement. Laundry is located behind the units in a shed & shared by tenants. Located in the downtown Fallon area a block from Maine St. Owners do not know the sf of each unit. Playground & Land behind units are not included. These units were used for members of the owners church so do not have a p&l. They are in need for remodel and price does reflect that. No personal property to include play ground equipment included in the purchase price. Seller will not accept an offer without the buyer and their Realtor personally viewing the home prior to. Seller will subdivide land behind the units to the south. Property will be less than .33 acres.

NNRMLS #60026393

Mar 8, 2007

Sold

$210,000

Feb 23, 2007

Listing Removed

—

Nov 2, 2006

Listed

$245,000

NNRMLS #50024958

Jun 2, 2006

Listing Removed

—

Nov 28, 2005

Listed

$245,000

NNRMLS #1109020

Jan 30, 2004

Sold

$137,000

Jan 8, 2004

Listing Removed

—

Mar 28, 2003

Listed

$139,900

Year

Property tax

Land + Additions

Assessment*

2026

$1,790 (+5.3%)

$22,400 + $38,996

$61,396

2025

$1,700 (+5.7%)

$22,400 + $38,961

$61,361

2024

$1,609 (+7.9%)

$22,400 + $39,338

$61,738

2023

$1,490 (+8.2%)

$22,400 + $34,628

$57,028

2022

$1,378 (+8.2%)

$14,910 + $29,962

$44,872

2021

$1,274 (+4.0%)

$14,910 + $28,754

$43,664

2020

$1,225 (+3.6%)

$14,910 + $27,837

$42,747

2019

$1,183 (+3.0%)

$14,910 + $26,778

$41,688

2018

$1,148 (+3.0%)

$14,910 + $24,908

$39,818

2017

$1,115 (+2.6%)

$14,910 + $24,956

$39,866

2016

$1,086 (+4.5%)

$14,910 + $24,578

$39,488

2014

$1,039

$14,910 + $14,590

$29,500

Tax history for 79 W Richards

Year

Property tax

Land + Additions

Assessment*

2026

$1,790 (+5.3%)

$22,400 + $38,996

$61,396

2025

$1,700 (+5.7%)

$22,400 + $38,961

$61,361

2024

$1,609 (+7.9%)

$22,400 + $39,338

$61,738

2023

$1,490 (+8.2%)

$22,400 + $34,628

$57,028

2022

$1,378 (+8.2%)

$14,910 + $29,962

$44,872

2021

$1,274 (+4.0%)

$14,910 + $28,754

$43,664

2020

$1,225 (+3.6%)

$14,910 + $27,837

$42,747

2019

$1,183 (+3.0%)

$14,910 + $26,778

$41,688

2018

$1,148 (+3.0%)

$14,910 + $24,908

$39,818

2017

$1,115 (+2.6%)

$14,910 + $24,956

$39,866

2016

$1,086 (+4.5%)

$14,910 + $24,578

$39,488

2014

$1,039

$14,910 + $14,590

$29,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.33 Acres

Year renovated

1923

Sq. Ft.

2,702

Year built

1923

Style

Other

County

Churchill County

APN

00152801

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 16, 2026.

Property details

Parking

Parking/Garage Information
Parking Capacity per Unit: 1
Total Parking Capacity: 7

Interior

Room Information
Laundry: Separate

Interior Features
Appliances: Oven/Range, Refrigerator
Facility Features: Central Water Heaters, Landlord Pays Utilities, Master Meter (Water), Separate Heating/Cooling, Separated Meters (Electric), Separated Meters (Gas)
Windows: Double Pane, Single Pane

Heating/Cooling
Air Unit, Natural Gas, Wall Heater

Green Features
Double Pane Windows

Exterior

Building Information
Exterior: Stucco
# of Buildings: 2
Construction: Masonry
Foundation: Concrete/Crawl Space, Wood

Property Features
Roof: Flat

Property Information
Source of Sq. Ft.: Assessor
For Sale
For Sale

Lot Information
Access Type: Public

Financial

Taxes & Assessment Information
Taxes: $1,490.27

Utilities

Utility Information
Utilities: City/County Water, Community Sewer, City Sewer, Electricity, Natural Gas, Water Meter Installed
Water Heater: Natural Gas

Location

Multi-Unit Information
Complex Name: Unknown
# of Units: 7
Income Info: No
Common Features: Alley Access, Fire Escape

1-Bedroom Unit Information
# of Baths: 7
# of Units: 7

Public facts

Beds: 6
Baths: 6.0
Sq. Ft.: 2,702
Stories: 2.0
Lot Size: 0.33 acres
Style: Other
Year Built: 1923
Year Renovated: 1923
County: Churchill County
APN: 00152801

Home facts updated by county records on Oct 16, 2026

Other

Listing Information
Cross-Street/Directions: Main St.

Around this home

Schools

E C Best Elementary School

Public 2-3 • Assigned • 0.7mi

2/10

Churchill County Jr. High School

Public 6-8 • Assigned • 0.2mi

4/10

Churchill County High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

16 unhealthy days expected this year, 17 days in 30 years

Provided by First Street

Historical weather

Fallon, NV • 89406

Average low and high temperatures (°F)

Jan

Feb

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Apr

May

Jun

Jul

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Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Fallon. 3 minutes to get started.

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New listings for sale in 89406

NEW 27 HRS AGO

$520,000

3 beds2 baths1,966 sq ft

827 Elkhorn Way, Fallon, NV 89406

Huge kitchen • Abundant storage • Granite countertops

$398,000

3 beds2 baths1,571 sq ft

388 Nola St, Fallon, NV 89406

Functional kitchen • Cozy dining area • Oversized space

$599,500

4 beds2.5 baths2,286 sq ft

1515 Getto Cir, Fallon, NV 89406

Fully landscaped lot • Rv parking • Fire pit

$599,000

3 beds2 baths1,196 sq ft

1655 Rio Vista Dr, Fallon, NV 89406

Riverfront property • Fully renovated • 5.21 acre lot

SHORT SALE

$309,900

3 beds1 bath1,200 sq ft

654 Douglas St, Fallon, NV 89406

Easy access to parks • New carpet • New vinyl flooring

LISTED BY REDFIN3D WALKTHROUGH

$480,000

3 beds2 baths1,647 sq ft

1075 Penelope Dr, Fallon, NV 89406

Updated kitchen • Renovated bathrooms • Attached garage

$560,000

4 beds2 baths2,100 sq ft

6286 Westwind Way, Fallon, NV 89406

New construction • Welcoming entryway • Spacious great room

$415,000

3 beds2 baths1,602 sq ft

551 Meadow Glen Dr, Fallon, NV 89406

Newer roof • Updated cabinets • Covered porch

Home values near 79 W Richards

Data from public records.

Address	Redfin Estimate
108 West Richards St, Fallon, NV 2 Beds \| 1 Baths \| 841 Sq. Ft.	$223,222
42 West Stillwater Ave, Fallon, NV 1 Beds \| 1 Baths \| 889 Sq. Ft.	$210,470

Address	Redfin Estimate
191 West Richards St, Fallon, NV 2 Beds \| 1 Baths \| 814 Sq. Ft.	$240,012
365 Lincoln St, Fallon, NV 1 Beds \| 1 Baths \| 732 Sq. Ft.	$168,165

Address	Redfin Estimate
215 West Richards St, Fallon, NV 2 Beds \| 1 Baths \| 856 Sq. Ft.	$228,885
332 Lincoln St, Fallon, NV 4 Beds \| 4 Baths \| 1892 Sq. Ft.	$351,264

Property information provided by NNRMLS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 89406, NV

Sale history for 79 W Richards

Tax history for 79 W Richards

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 89406

Home values near 79 W Richards

More real estate resources