Property Description

Fully permitted triplex with a newer roof, exterior paint, and interior renovations!

Featuring a standalone 2-bed, 2-bath house in the back built in 1988 with 1,002 sq. ft., a private backyard, ample parking, in-unit laundry, and a storage shed.

On the same lot, there’s a permitted duplex in the front of the parcel — each unit offering 2 bedrooms, 1 bath, and 1,037 sq. ft. apiece, also with ample parking and in-unit laundry.

Two units have been recently renovated with new flooring, paint, countertops, and more.

The top duplex unit has been recently painted and is currently rented at 1,700/month.

With achievable market rents of 2,000 for the standalone house, 1,700 for the top duplex unit, and 1,700 for the bottom duplex unit, the property pencils at a 6 cap at the asking price.

Recent upgrades include a newer roof, fresh exterior paint, interior paint, and ongoing interior improvements — making this a turnkey opportunity with strong cash flow and long-term equity growth, in a very desirable rental area.

Only 25 minutes from the Tesla Gigafactory and Semi Truck factory!

Reach out to listing agent for full cash flow analysis breakdown.

Features
: Internet Available, Cellular Coverage, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
: Rain Gutters
Address Map
US
NV
Washoe
Sparks
Newtown Tract
89431
16th
737
0
W120° 14' 9.4''
N39° 32' 21.9''
Neighborhood
Mitchell
Sparks
Sparks
Additional Info
Address Income
Jake Andronico
08-27-2025 17:03:23
Active
08-23-2025
630014474
2488-o
08-22-2025
$0
08-27-2025 18:59:26
1
$0
031-351-08
$0
$0

Residential Income Residential

737 16th, Sparks, Nevada 89431

0.14 Acre
$820,000
Listing ID #250054980
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250054980
Serial Number : 20250814165931126196000000
Price : $820,000
View : Trees
Year Built : 1938
Lot Area : 0.14 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent