$245,000 Active
745 W Center Street
Fallon, NV 89406
STR Status Unknown
2 Beds
·
1.0 Baths
·
1,184 Sq Ft

About This Property

Charming 1946 home full of character, warmth, and opportunity! This unique property features beautiful wood accents throughout, exposed beam ceilings, built-in shelving, and original hardwood floors that add timeless appeal. Enjoy abundant natural light with a bright sunroom-style space, along with a spacious living area centered around a cozy fireplace. Recent updates include a new roof, fresh paint, and a fully renovated bathroom, giving the next owner a great head start. The home sits on a generously sized lot with plenty of room to create your ideal outdoor space. With solid improvements already in place, this property is perfect for investors or buyers looking to bring their vision to life and add value.

Listed by Paige Morasky — Rogne Realty, LTD.

Listing Details

Status Active
MLS # 260003850
Days on Market 37
Price/Sq Ft $207

Property History

Apr 02, 2026
Listed for sale
$245,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,184
Lot Size 0.16 acres
Stories 1
Year Built 1946
Property Type Single Family Residence
APN 001-401-05
Parking
Total Parking 2
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Brick, Frame
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $908
Schools
Elementary School Lahontan
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 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($49,000)
Home price
$245,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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