$739,000 $750,000 ↓ $11,000 reduced Active

960 Mark Avenue

Fallon, NV 89406

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STR Status Unknown

8 Beds

Our data on this home

Home insurance $1,500 – $2,200/yr Standard homeowners policy

About This Property

Well-maintained 4-plex offering strong income potential and flexibility for both investors and owner-occupants. Renovated in 2021, the property features updated interiors and improvements that enhance appeal. Ideal opportunity to live in one unit while generating rental income from the remaining units, or add a turnkey multi-family property to your investment portfolio. Conveniently located in Fallon with access to local amenities, shopping, and the Fallon military base. Whether you're looking to expand your investments or offset your mortgage with rental income, this property offers potential.

Listed by Alex Mendoza — AMRE

Listing Details

Status Active

MLS # 260007156

Days on Market 139

Property History

Jun 05, 2026

Listed for sale

$750,000

Sep 04, 2026

Price reduced

$739,000 $750,000 ↓ $11,000

Property Overview

Beds 8

Lot Size 0.18 acres

Stories 1

Year Built 1987

Property Type Quadruplex

APN 001-494-24

Parking

Total Parking 4

Parking Features Assigned

Exterior & Lot

Exterior Features None

Lot Features Landscaped, Level

Construction Frame, Wood Siding

Roof Composition, Pitched, Shingle

Foundation Slab

Utilities & Systems

Heating Forced Air, Natural Gas

Financial

Annual Tax $2,268

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

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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~— per month

Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Home Insurance Estimate

Standard homeowners policy for this home

$1,500 – $2,200/yr

about $154/mo

Est. Rebuild Cost (Coverage A)

$443,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$4,080 per month

Principal & interest

$3,737/mo

Property taxes

$189/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$154/mo

Estimated ~$1,500–$2,200/yr — get a local broker quote for accuracy.

Down payment

20% ($147,800)

Home price

$739,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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