$229,000
Active
1480 Michelle Drive
Fallon, NV 89406
STR Status Unknown
3
Beds
·
2.0
Baths
·
1,404
Sq Ft
About This Property
This 3-bedroom, 2-bath manufactured home sits on a permanent foundation on 1.02 acres in a quiet cul-de-sac. Features include a detached 2-car garage, well and septic, laminate flooring, a kitchen with a small island and newer appliances, and a reverse osmosis system. The property is mostly fenced and offers plenty of potential with some cosmetic updates. The roof and deck need repairs, making this a great opportunity for investors or buyers looking to add their personal touch.
Listed by Jared English — Congress Realty, INC.
Listing Details
Status
Active
MLS #
260010040
Price/Sq Ft
$163
Property History
Aug 04, 2026
Listed for sale
$229,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,404
Lot Size
1.02 acres
Stories
1
Year Built
1999
Property Type
Manufactured Home
APN
008-174-02
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Detached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Cul-De-Sac
Construction
Unknown
Roof
Shingle
Foundation
None
Utilities & Systems
Heating
Electric
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$1,239
Schools
Elementary School
Lahontan
Middle School
Churchill
High School
Churchill
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($45,800)
Home price
$229,000
Loan details
30-yr fixed, 6.5%
