Property Description

Fantastic investment opportunity in the heart of Sparks! Instant cash flow with a multiplex and single-family home generating income on one parcel. All four units have been tastefully updated in 2024 and are fully leased with stable, long-term tenants. The property includes a standalone 2 bed / 1 bath home in front, plus a triplex behind it consisting of two 1 bed / 1.5 bath units and one 2 bed / 1.5 bath unit. Each unit offers two designated parking spaces. All units feature granite countertops and underwent full kitchen and bathroom remodels in 2024. Each unit also includes updated flooring and fresh paint, offering a turnkey experience for both tenants and investors.

Located just blocks from downtown Sparks, this multifamily property is walkable to restaurants, the Sparks movie theater, and local events, including farmers markets and festivals at Victorian Square.

With room for rental growth, low vacancy risk, and desirable unit layouts, this is a great opportunity.

Features
: Internet Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Phone Available, Electricity Connected, Water Connected, Natural Gas Connected
: No
Address Map
US
NV
Washoe
Sparks
89431
E
1230
0
W120° 14' 28.4''
N39° 32' 17.4''
Neighborhood
Mitchell
Sparks
Sparks
Additional Info
RE/MAX Gold
Theresa Nelson
06-13-2025 14:29:07
Active
06-13-2025
11952
1514-o
05-20-2025
$0
06-17-2025 19:38:06
2
$0
03208409
$0
$0
1230

Residential Income Residential

1230 E, Sparks, Nevada 89431

0.16 Acre
$1,060,000
Listing ID #250051447
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250051447
Serial Number : 20250613125901222020000000
Price : $1,060,000
View : Trees
Year Built : 1922
Lot Area : 0.16 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent