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4 Beds
3 Baths
2,962 sqft

$649,000

4755 Alcorn Road, Fallon NV, 89406

Price per sqft$219.11
Built in1948
Property size2,962 sqft
Property typeResidential

Overview

Active

Listed Feb 10, 2026

Updated Jul 31

Rare Multi-Home Investment Opportunity with Water Rights Discover an exceptional investment property featuring three separate homes on one parcel, offering incredible flexibility and income potential. Whether you're looking to generate strong rental revenue, create a multi-generational living setup, or live in one home while renting the others, this property delivers. Set in a peaceful, natural setting, the land is rich with beautiful scenery and abundant wildlife, creating a serene atmosphere that tenants and owners alike will appreciate. Water rights are included, adding long-term value and opportunity for agricultural use, landscaping, or future enhancements. Each home provides its own sense of privacy while still being part of a cohesive property, making this a rare find for savvy investors or those seeking space, independence, and return on investment—all in one place. This is a unique opportunity to own a property that blends income potential, natural beauty, and lifestyle appeal. Homes are needing work. Corner parcel is also included in the sale parcel # 008-692-75. Seller Instructions: The seller will not consider or accept any offer submitted by a buyer whose agent has not personally viewed the property prior to submitting the offer. Buyer and buyer's agent are encouraged to conduct all desired inspections and due diligence. Buyers and buyer's agent to verify all information.

$4,318/mo

Est. mortgage payment based on a $649,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260001533

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
12.45 Acres

Other Property Details

Taxes
$3,483
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

 

Courtesy of Berney Realty, LTD, Mandy Hatcher

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

©2026 Northern Nevada Regional MLS. All rights reserved.

Data last updated 4:05 AM UTC, 7/31/2026

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