2
Fernley, NV Multifamily Homes & Duplexes for Sale
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$485,000
- 4 Beds
- 4 Baths
- 2,632 Sq Ft
180 Hardie Ln, Fernley, NV 89408
180 Hardie Ln, Fernley, NV 89408
About Fernley
Located equidistant from the scenery of Pyramid Lake and the entertainment scene of Reno, and with a growing manufacturing industry, the city of Fernley, Nevada, calls itself “A Great Place to Live, Work and Play.” This city was founded in 1904 as new irrigation techniques enabled the Reno metropolitan area to expand beyond the Truckee River. Still it was not until the 1960s that Fernley developed its tradition of industry with the arrival of a cement factory. Today, a Tesla Gigafactory, powered by renewable energy, in turn powers this city’s e ...
Home Trends in Fernley, NV
On average, homes in Fernley, NV sell after 64 days on the market compared to the national average of 47 days. The average sale price for homes in Fernley, NV over the last 12 months is $402,854, up 2% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$389,490
Median Single Family Price
$390,190
Average Price Per Sq Ft
$242
Number of Homes for Sale
79
Last 12 months Home Sales
469
Months of Supply
2.00
Median List Price
$399,700
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
3%
In Fernley, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $485,000 to $1,999,999, there's a range to accomodate every budget. As of April, 2025 the median home price in Fernley is $399,700, while the average sale price is $402,854, offering insights into the local housing market. On average, multi-family homes spend 64 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fernley, NV.
Fernley Types of Homes for Sale
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