Property Description

Investment opportunity with a solid six percent cap rate. The property includes two separate homes on one parcel. The rear home is occupied by a long-term month-to-month tenant, providing immediate income. The front home is vacant, allowing the new owner to lease it at current market rent.The front home has been refreshed with new interior paint, a new stove, and a new dishwasher. It is move-in ready and includes a private fenced yard. The rear home also has generous yard space.Conveniently located in Sparks with a long history of strong occupancy and consistent rental demand. A straightforward investment offering current income, room for rental growth, and separate outdoor space for each residence.

Features
UTILITIES:
Water Meter Installed, Electricity Connected, Water Connected, Natural Gas Connected
EXTERIOR FEATURES:
No
Address Map
Country:
US
State:
NV
County:
Washoe
City:
Sparks
Area:
Prater Addition To Sparks
Zipcode:
89431
Street:
I
Street Number:
947
Floor Number:
0
Longitude:
W120° 14' 41.5''
Latitude:
N39° 32' 33.6''
Neighborhood
Elementary School:
Mitchell
High School:
Sparks
Middle School:
Dilworth
Additional Info
Office Name:
LPT Realty, LLC
Agent Name:
Kathryn Courtney
PhotoTimestamp:
06-25-2026 19:37:05
Status Detail:
Active
Status Date:
06-25-2026
Agent ID:
10215
Listing Office 1:
2713-o
Contract Date:
06-10-2026
Sold Price:
$0
Update Date:
06-26-2026 17:04:39
Stories:
1
CIC Dues:
$0
Parcel #:
031-232-37
Search Price:
$0
Price Per SQFT:
$0

Residential Income Residential

947 I, Sparks, Nevada 89431

7 Bedrooms
3 Bathrooms
0.21 Acre
$740,000
Listing ID #260008160
Basic Details
Property Type :
Residential Income
Listing Type :
Residential
Listing ID :
260008160
Serial Number :
20260622213354435051000000
Price :
$740,000
View :
Trees
Bedrooms :
7
Bathrooms :
3
Year Built :
1960
Lot Area :
0.21 Acre
Status :
Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent