Under $500K Investment Properties for Sale in Fallon, NV
134- 3 Bed
- 2 Bath
- 1393 sft
212- 3 Bed
- 2 Bath
- 1440 sft
322- 3 Bed
- 1 Bath
- 1380 sft
272- 3 Bed
- 3 Bath
- 1251 sft
Why Invest in Fallon, Nevada?
Fallon, Nevada offers affordable entry points for real estate investors seeking properties under $500k in a growing regional market. The area benefits from proximity to Reno and established military presence through Naval Air Station Fallon, providing stable employment and population anchors. With median list prices around $241 per square foot, investors can achieve competitive cap rates and rental yields in a market with lower acquisition costs than major metropolitan areas. The under-$500k segment represents the majority of available inventory, making it accessible for both individual and portfolio investors.
Frequently Asked Questions
Fallon offers affordable entry prices with median costs around $241 per square foot, stable employment anchored by Naval Air Station Fallon, and cap rates averaging 7–7.5%. The under-$500k segment represents the majority of available inventory, making it accessible for cash-flow-focused investors seeking modest appreciation and rental yields.
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