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429 10th St, Sparks
$1,100,000
260007013 MLS
Five extremely well-maintained units in the heart of Victorian Square, one of Sparks's most vibrant and walkable neighborhoods. This property consists of two buildings on a single 0.16-acre parcel — a classic 1907 duplex and a 1982-built triplex — offering a strong unit mix and steady rental income at a 6% cap rate on actual rent and expenses. Excellent location and access to I-80. The Duplex — Originally built in 1907 with extensive updates, this charming single-story duplex has been thoughtfully updated while retaining its character. Unit A is a spacious 2-bed/1-bath at 1,081 square feet with in-unit laundry and tankless water heater — the kind of generous layout tenants love and stay in. Unit B is a recently renovated studio with a new mini-split system, refinished shower and tub, new tile, bathroom fan, and fresh carpet - approximately $15K in improvements about a year ago. The roof is roughly five years old with new gutters. The Triplex — This two-story building houses three 2-bed/1.5-bath units, each with in-unit laundry. Unit 423 was fully renovated with new paint, flooring, carpet, mini-blinds, and LED lighting. The triplex received a new roof and driveway approximately one year ago, along with new exterior paint and gutters. $7,150 per Month Gross Scheduled Rent (Actual). 429A - 2bd/1ba $1,550 MTM (increase effective May 1). 429B - Studio $1,000 Expires June 2026. 421 - 2bd/1.5ba $1,500 MTM. 423 - 2bd/1.5ba $1,550 Expires Nov 2026. 425 - 2bd/1.5ba $1,550 Expires Apr 2027. Recent Capital Improvements: New roofs on both buildings, new rear driveway, new gutters, exterior repaint on triplex, full studio renovation with mini-split HVAC, paver walkway, artificial lawn with pavers and solar lighting, fencing reinforced with metal posts throughout including a new south-side fence, stump removal, and landscaping improvements. Sewer line replaced in 2014. An investor-ready property with recent capital improvements already completed, a solid rent roll, and room to grow rents on the MTM and shorter-term leases — all in a prime Sparks location steps from Victorian Square's restaurants, events, and entertainment. Full Offering Memorandum is available upon request.

429 10th St, Sparks

1100 H St, Sparks
$535,000
4 Beds ⋅ 3 Baths ⋅ 260008259 MLS
This custom multi-generation floorplan offers main level living with a bedroom, bathroom, kitchen, and laundry on the main floor. Interior updates include refreshed wall texture, fresh interior paint completed in 2026, new luxury vinyl plank flooring throughout the main living areas in 2026, upgraded carpet and pad in the bedrooms in 2026, LED lighting upgrades throughout, and extensive storage. The home also includes a dedicated laundry and utility room. System improvements include an updated interior electrical panel (2024), updated main exterior electrical panel (2019), replacement of cast iron sewer lines inside the walls with ABS piping (2022), a new sewer line to the street (2014), new siding (2023), and vinyl front windows replaced in 2003. The renovated kitchen includes new cabinets and countertops, a stainless steel sink with a pull-down faucet, new dishwasher, new microwave, and a removable spice cabinet designed to accommodate a full-size 36-inch refrigerator. The renovated bathrooms feature new tile flooring, updated wall finishes and shower surround, updated vanities, and new fixtures. The custom-built upstairs multi-generation suite includes a private entrance with the option to connect to the main home through an interior door. The suite features a private kitchenette with new countertops and sink, a dedicated bedroom, flexible living area, private balcony overlooking the backyard and open space, a separate gas wall furnace, and two walk-in storage closets, including one in the bedroom and one off the main living area. The floors between the suite and main level are insulated. The exterior includes an expansive backyard with space for multiple uses, RV parking, and potential space for a future ADU, subject to city approval and buyer verification. Additional features include a drive-through garage with rear access, built-in shelving and organized storage in the garage and storage areas, a fenced garden area or dog run, a fenced front yard and a large front and back yard, approximately 100 feet from the house to the rear property line, and approximately 67 feet between the house and the street! The property offers quick access to US 395 and I-80. The Galleria Shopping Center, including Costco, Sprouts, and Trader Joe's, is approximately 3 miles or 10 minutes away with additional shopping even closer. The University of Nevada, Reno is approximately 5 miles or 12 minutes away, and Reno-Tahoe International Airport is approximately 5 miles or 10 minutes away!

1100 H St, Sparks

1224 F St, Sparks
$475,000
3 Beds ⋅ 2 Baths ⋅ 260001482 MLS
Charming Sparks Duplex Near Victorian Square - Excellent investment opportunity in the heart of Sparks! This well-maintained duplex, built in 1950, offers two units with strong income potential. The recently remodeled 2-bedroom unit features beautifully refinished wood floors, a cozy tiled fireplace, an updated tiled tub surround, new interior doors, vinyl windows, and stylish modern upgrades throughout. The 1-bedroom, 1-bath unit is tenant occupied with a long-term renter and includes a rare 900 plus sq ft basement, providing valuable extra storage and added flexibility. Recent improvements include a new roof, offering peace of mind for years to come. Ideally located just minutes from Victoria Square, shopping, restaurants, schools, and convenient access to Tesla pickup routes. Don't miss this turnkey duplex in a prime Sparks location, perfect for investors or owner-occupants looking to offset their mortgage with rental income!

1224 F St, Sparks

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed