$157,000 $194,900 ↓ $37,900 reduced Active Under Contract
697 S Mc Lean Street
Fallon, NV 89406
STR Status Unknown
2 Beds
·
1.0 Baths
·
816 Sq Ft

About This Property

Charming home filled with warmth, character, and modern touches. Recent upgrades include refreshed flooring, a new roof installed in 2021, and updated dual-pane windows for great natural light and improved energy efficiency. Offering just under 1,000 sq. ft. of comfortable living space, this home is ideal for a first-time buyer, downsizer, or investor. Schedule your showing today!

Listed by Emma Johnson — Berney Realty, LTD

Listing Details

Status Active Under Contract
MLS # 260004414
Days on Market 128
Price/Sq Ft $192

Property History

Apr 13, 2026
Listed for sale
$194,900
Jul 16, 2026
Price reduced
$169,000 $174,900 ↓ $5,900
Aug 03, 2026
Pending
$169,000
Aug 18, 2026
Price reduced
$157,000 $169,000 ↓ $12,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 816
Lot Size 0.10 acres
Stories 1
Year Built 1918
Property Type Single Family Residence
Subdivision Mc Lean Addition
APN 001-632-35
Parking
Total Parking 2
Parking Features Alley Access, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Pillar/Post/Pier, Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $642
Schools
Elementary School Numa
Middle School Churchill
High School Churchill
📊

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% ($31,400)
Home price
$157,000
Loan details
30-yr fixed, 6.5%
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