Property Description

This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined.

Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.

Features
: Internet Available, Water Meter Installed, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
: No
Address Map
US
NV
Washoe
Sparks
Shadow Glen Estates 1
89434
Palmwood
1069
0
W120° 16' 24.8''
N39° 33' 37.7''
Neighborhood
Juniper
Reed
Mendive
Additional Info
Address Income
Jake Andronico
06-27-2025 23:35:30
Active
06-27-2025
630014474
2488-o
06-26-2025
$0
06-28-2025 21:35:34
2
1
$0
036-295-09
$0
$0

Residential Residential

1069 Palmwood, Sparks, Nevada 89434

3 Bedrooms
2 Bathrooms
1,321 Sqft
$450,000
Listing ID #250052193
Basic Details
Property Type : Residential
Listing Type : Residential
Listing ID : 250052193
Serial Number : 20250625195333912727000000
Price : $450,000
View : Trees
Bedrooms : 3
Bathrooms : 2
Square Footage : 1,321 Sqft
Year Built : 1977
Lot Area : 0.15 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent