$397,000 Active
361 E Stillwater Avenue
Fallon, NV 89406
STR Status Unknown
4 Beds
·
2.0 Baths
·
1,788 Sq Ft

About This Property

Newly remodeled 4 bed-room 2 bathroom with a loft and sunporch in downtown close to restaurants and shopping. This home has been freshly painted inside and out with all new flooring. The kitchen and bathrooms have been completely remolded with all new appliances. The plumbing and electrical have all been completely redone. This home features 8 split mini's to keep each room of the house comfortable. There are 3 bedrooms and 1 bathroom downstairs, and 1 bedroom and 1 bathroom upstairs along with a loft. There is a nice sized sunroom porch when you first walk into the home. The home has all new windows except on the sunporch and the loft. This home features a 2 car carport with additional parking along with RV parking space.

Listed by Nadine Serna — Berney Realty, LTD

Listing Details

Status Active
MLS # 260011499
Days on Market 2
Price/Sq Ft $222

Property History

Sep 04, 2026
Listed for sale
$397,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,788
Lot Size 0.11 acres
Stories 2
Year Built 1923
Property Type Single Family Residence
APN 001-661-04
Parking
Total Parking 4
Parking Features Additional Parking, Carport, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched
Foundation Crawl Space, Full Perimeter
Financial
Annual Tax $1,418
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($79,400)
Home price
$397,000
Loan details
30-yr fixed, 6.5%
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