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Chase International is pleased to present this turnkey 6 unit multifamily investment near downtown Sparks. This fully leased, income producing rental property in the highly sought-after Reno market boasts a cap rate yield above 6.27 percent based on actuals. This six-unit multifamily property at 1947 & 1949 H Street in Sparks, Nevada features four spacious 2 bed / 1 bath units, and two 1 bed/ 1 bath units, presenting a rare opportunity to acquire a stabilized income asset with long-term redevelopment upside in a growing Northern Nevada submarket. Situated on two parcels totaling approximately 0.345 acres (±15,028 square feet), the property consists of ±4,392 square feet of existing residential improvements supported by municipal gas, electric, water, and sewer. The asset is currently generating 102,000K in gross annual income and 81,422K in net operating income, offering a self managed 6.27 percent cap rate based on actuals (not pro forma) at the 1,299,000K asking price and a 5.8 percent cap rate based on 3rd party property management fees at 6 percent of gross rental income. The property is 100 percent leased with the Landlord paying trash, water, and sewer. Tenants are responsible for gas and electricity through NV Energy, billed via individually metered service. Most appliances are newer. Five of the six units include dishwashers, and four feature built-in microwave ovens. Every unit has its own in-unit washer and dryer. The property has full landscaping sprinklers and drip irrigation systems installed. Together, 1947 & 1949 H Street offers a compelling blend of current income and future upside and is an ideal 1031 exchange replacement property. The combination of stabilized operations, development flexibility, and location within one of Northern Nevada's most active growth markets positions this offering as an attractive opportunity for private investors, multifamily operators, and developers seeking both near-term returns and long-term appreciation potential.

10 Beds ⋅ 6 Baths ⋅ 260001826 MLS

Chase International is pleased to present this turnkey 6 unit multifamily investment near downtown Sparks. This fully leased, income producing rental property in the highly sought-after Reno market boasts a cap rate yield above 6.27 percent based on actuals. This six-unit multifamily property at 1947 & 1949 H Street in Sparks, Nevada features four spacious 2 bed / 1 bath units, and two 1 bed/ 1 bath units, presenting a rare opportunity to acquire a stabilized income asset with long-term redevelopment upside in a growing Northern Nevada submarket. Situated on two parcels totaling approximately 0.345 acres (±15,028 square feet), the property consists of ±4,392 square feet of existing residential improvements supported by municipal gas, electric, water, and sewer. The asset is currently generating 102,000K in gross annual income and 81,422K in net operating income, offering a self managed 6.27 percent cap rate based on actuals (not pro forma) at the 1,299,000K asking price and a 5.8 percent cap rate based on 3rd party property management fees at 6 percent of gross rental income. The property is 100 percent leased with the Landlord paying trash, water, and sewer. Tenants are responsible for gas and electricity through NV Energy, billed via individually metered service. Most appliances are newer. Five of the six units include dishwashers, and four feature built-in microwave ovens. Every unit has its own in-unit washer and dryer. The property has full landscaping sprinklers and drip irrigation systems installed. Together, 1947 & 1949 H Street offers a compelling blend of current income and future upside and is an ideal 1031 exchange replacement property. The combination of stabilized operations, development flexibility, and location within one of Northern Nevada's most active growth markets positions this offering as an attractive opportunity for private investors, multifamily operators, and developers seeking both near-term returns and long-term appreciation potential.

1947 H St, Sparks

$649,000

For Sale!! 2 Single family homes on one Lot. Investor Alert. Live in one rent one out. Or rent out Both. Home in the Alley was built in 2005, Original home has been remodeled a couple years ago. Both homes are currently rented and on Month to Month, Professionally managed.

6 Beds ⋅ 4 Baths ⋅ 260003700 MLS

For Sale!! 2 Single family homes on one Lot. Investor Alert. Live in one rent one out. Or rent out Both. Home in the Alley was built in 2005, Original home has been remodeled a couple years ago. Both homes are currently rented and on Month to Month, Professionally managed.

1811 H St, Sparks

$589,000

Priced to Sell. Great investment property. two units on one parcel. Unit in the back is currently rented. 1500 /month. Currently being managed by a property manager. Lease ends 11/30/2026. Rent one live in the other, or rent both. Selling As Is. Seller is offering up to 2,000.00 flooring allowance for the vacant unit

6 Beds ⋅ 2 Baths ⋅ 260007431 MLS

Priced to Sell. Great investment property. two units on one parcel. Unit in the back is currently rented. 1500 /month. Currently being managed by a property manager. Lease ends 11/30/2026. Rent one live in the other, or rent both. Selling As Is. Seller is offering up to 2,000.00 flooring allowance for the vacant unit

1745 H St, Sparks

$565,000

1522 A and B F Street Sparks offer a unique investment profile with two detached dwellings on a single parcel, each with its own entrance, living space, and rental stream. Both units are separately livable and generate consistent monthly income. 1522 A, the front home, is a well kept single story 3-bedroom, 2 bath 1052 Sq ft unit with functional layout and steady rental history. It is currently rented through April 2027 at a monthly rent of $2050. The rear home, 1522 B, is a detached 2 bedroom/1 bath 644 sqft unit with private access, strong tenant demand, and solid cash flow. The current lease ends in July 2026. It is currently rented at $1300 with upside. Zillow's rent estimate is $1665. The layout provides flexibility for investors seeking stable returns, or for buyers who may eventually want to live in one unit while renting the other. The detached configuration reduces noise transfer and increases tenant satisfaction, while the central Sparks location, with easy access to Victorian Square, shopping, transit, and freeway access keeps vacancy rates low. This is a clean, functional, income producing property with strong rental history and long-term upside. Photos are when the units were vacant.

4 Beds ⋅ 4 Baths ⋅ 260008039 MLS

1522 A and B F Street Sparks offer a unique investment profile with two detached dwellings on a single parcel, each with its own entrance, living space, and rental stream. Both units are separately livable and generate consistent monthly income. 1522 A, the front home, is a well kept single story 3-bedroom, 2 bath 1052 Sq ft unit with functional layout and steady rental history. It is currently rented through April 2027 at a monthly rent of $2050. The rear home, 1522 B, is a detached 2 bedroom/1 bath 644 sqft unit with private access, strong tenant demand, and solid cash flow. The current lease ends in July 2026. It is currently rented at $1300 with upside. Zillow's rent estimate is $1665. The layout provides flexibility for investors seeking stable returns, or for buyers who may eventually want to live in one unit while renting the other. The detached configuration reduces noise transfer and increases tenant satisfaction, while the central Sparks location, with easy access to Victorian Square, shopping, transit, and freeway access keeps vacancy rates low. This is a clean, functional, income producing property with strong rental history and long-term upside. Photos are when the units were vacant.

1522 F St Unit A and B, Sparks

$499,000

Welcome to this spacious and well-maintained 4-bedroom, 3-bathroom home offering 2,460 square feet of comfortable living space on a desirable corner lot. This property features a fully fenced yard, providing privacy and plenty of room for outdoor enjoyment. The large backyard is perfect for gatherings, gardening, pets, or creating your own outdoor retreat. Conveniently located in a central location with easy access to the freeway, making commuting a breeze while keeping shopping, dining, schools, and everyday amenities just minutes away. Don't miss the opportunity to own this move-in-ready home that combines space and convenience.

4 Beds ⋅ 3 Baths ⋅ 260009178 MLS

Welcome to this spacious and well-maintained 4-bedroom, 3-bathroom home offering 2,460 square feet of comfortable living space on a desirable corner lot. This property features a fully fenced yard, providing privacy and plenty of room for outdoor enjoyment. The large backyard is perfect for gatherings, gardening, pets, or creating your own outdoor retreat. Conveniently located in a central location with easy access to the freeway, making commuting a breeze while keeping shopping, dining, schools, and everyday amenities just minutes away. Don't miss the opportunity to own this move-in-ready home that combines space and convenience.

1848 F St, Sparks

$465,000

Central Sparks Triplex on big lot, MUD zoned, could support more units. Alley access, stable rents. So close to downtown Sparks, all events are within 5 minutes. 3 bedroom rents for 1600, 2 bedroom rents for 1300, 1 bedroom rent is 1000. Always rented. Some TLC needed on exterior, interiors rehabbed in 2021. Landlord covers utilities, figured into APOD at 6.8 CAP Rate. 8 plex across street, commercial next door. Maximize your return with some creative planning. 3 units under 1 roof. Get rid of old garage, build more units.

3 Beds ⋅ 1 Baths ⋅ 250050779 MLS

Central Sparks Triplex on big lot, MUD zoned, could support more units. Alley access, stable rents. So close to downtown Sparks, all events are within 5 minutes. 3 bedroom rents for 1600, 2 bedroom rents for 1300, 1 bedroom rent is 1000. Always rented. Some TLC needed on exterior, interiors rehabbed in 2021. Landlord covers utilities, figured into APOD at 6.8 CAP Rate. 8 plex across street, commercial next door. Maximize your return with some creative planning. 3 units under 1 roof. Get rid of old garage, build more units.

1830 C St, Sparks

$455,000

This beautiful home is centrally located in Sparks, just minutes from shopping, freeway access, and the Sparks Marina. Renovated just a few years ago, the updates included a hot water heater, ductless mini heating and cooling systems, windows, carpet and flooring, doors, updated cabinetry throughout the home, fully remodeled bathrooms, and appliances. The detached garage allows for excess parking, and both the house and garage received new roofs along with all of the other renovations. The home has been thoughtfully converted back to a functional 3-bedroom, 2-bath layout, offering both comfort and style. With its modern updates and refreshed feel, this home looks and still feels like new!

3 Beds ⋅ 2 Baths ⋅ 260005769 MLS

This beautiful home is centrally located in Sparks, just minutes from shopping, freeway access, and the Sparks Marina. Renovated just a few years ago, the updates included a hot water heater, ductless mini heating and cooling systems, windows, carpet and flooring, doors, updated cabinetry throughout the home, fully remodeled bathrooms, and appliances. The detached garage allows for excess parking, and both the house and garage received new roofs along with all of the other renovations. The home has been thoughtfully converted back to a functional 3-bedroom, 2-bath layout, offering both comfort and style. With its modern updates and refreshed feel, this home looks and still feels like new!

1729 I St, Sparks

$435,000

COMPLETELY REMODELED & MOVE-IN READY! LIVE/WORK POSIBILITIES with MUD Zoning? This charming home (or office?) offers the perfect blend of HISTORICAL CHARM and MODERN UPDATES. Step inside and you'll immediately notice the BRIGHT, OPEN & AIRY feel. Thoughtfully remodeled with A NEW KITCHEN, NEW ELECTRICAL, UPDATED PLUMBING, RECESSED LIGHTING, NEW MINI-SPLIT HEATING & COOLING SYSTEMS, SELECT NEW WINDOWS, and ALL NEW LVP flooring completed by contractors. The TWO BATHROOMS add convenience and functionality to this beautifully updated home. The BRAND-NEW KITCHEN is a standout, featuring ALL-NEW APPLIANCES, abundant cabinetry, and EXTRA STORAGE while opening seamlessly to the dining area—perfect for entertaining! An additional flex area creates the ideal spot for a HOME OFFICE, WORKSPACE OR COZY READING NOOK. Outside, enjoy WONDERFUL CURB APPEAL and attractive front landscaping, plus a LEVEL BACKYARD WITH ALLEY ACCESS offering plenty of possibilities to make the space your own. URBAN LIVING & OUTDOOR SPACE, all within walking distance of VICTORIAN SQUARE with shopping, dining, entertainment, and events nearby! Plus, enjoy QUICK FREEWAY ACCESS for an easy commute. The convenient ALLEY ACCESS and SPACIOUS SIDE DRIVEWAY provide additional parking possibilities for recreational vehicles, trailers, or extra vehicles. LOCATION, UPGRADES, PARKING & POTENTIAL—THIS ONE HAS IT ALL! Fresh, stylish, functional, and ready for its next owner. Walk to Victorian Square, fire up the BBQ in your backyard, and enjoy your own piece of real estate close to the heart of the action. TURNKEY, UPDATED & READY TO GO—MUST SEE TO APPRECIATE! Seller is a licensed real estate Broker. Some pictures are virtually staged.

2 Beds ⋅ 2 Baths ⋅ 260010510 MLS

COMPLETELY REMODELED & MOVE-IN READY! LIVE/WORK POSIBILITIES with MUD Zoning? This charming home (or office?) offers the perfect blend of HISTORICAL CHARM and MODERN UPDATES. Step inside and you'll immediately notice the BRIGHT, OPEN & AIRY feel. Thoughtfully remodeled with A NEW KITCHEN, NEW ELECTRICAL, UPDATED PLUMBING, RECESSED LIGHTING, NEW MINI-SPLIT HEATING & COOLING SYSTEMS, SELECT NEW WINDOWS, and ALL NEW LVP flooring completed by contractors. The TWO BATHROOMS add convenience and functionality to this beautifully updated home. The BRAND-NEW KITCHEN is a standout, featuring ALL-NEW APPLIANCES, abundant cabinetry, and EXTRA STORAGE while opening seamlessly to the dining area—perfect for entertaining! An additional flex area creates the ideal spot for a HOME OFFICE, WORKSPACE OR COZY READING NOOK. Outside, enjoy WONDERFUL CURB APPEAL and attractive front landscaping, plus a LEVEL BACKYARD WITH ALLEY ACCESS offering plenty of possibilities to make the space your own. URBAN LIVING & OUTDOOR SPACE, all within walking distance of VICTORIAN SQUARE with shopping, dining, entertainment, and events nearby! Plus, enjoy QUICK FREEWAY ACCESS for an easy commute. The convenient ALLEY ACCESS and SPACIOUS SIDE DRIVEWAY provide additional parking possibilities for recreational vehicles, trailers, or extra vehicles. LOCATION, UPGRADES, PARKING & POTENTIAL—THIS ONE HAS IT ALL! Fresh, stylish, functional, and ready for its next owner. Walk to Victorian Square, fire up the BBQ in your backyard, and enjoy your own piece of real estate close to the heart of the action. TURNKEY, UPDATED & READY TO GO—MUST SEE TO APPRECIATE! Seller is a licensed real estate Broker. Some pictures are virtually staged.

1559 D St, Sparks

$371,250

Unfortunately the buyer completed inspection contingency and got denied for their loan near the end of the process. Welcome to this charming home in the heart of Downtown Sparks, where convenience meets comfort. This home is zone Multi Use (MUD) making for a wide ranges of uses beyond living in. Enjoy a large backyard shaded by mature trees—perfect for relaxing, gardening, or weekend gatherings. Located near local parks, shopping, dining, and just minutes from Victorian Square, this area is known for its vibrant community and easy access to Reno. This home offers great value in a lovely neighborhood.

2 Beds ⋅ 1 Baths ⋅ 260004684 MLS

Unfortunately the buyer completed inspection contingency and got denied for their loan near the end of the process. Welcome to this charming home in the heart of Downtown Sparks, where convenience meets comfort. This home is zone Multi Use (MUD) making for a wide ranges of uses beyond living in. Enjoy a large backyard shaded by mature trees—perfect for relaxing, gardening, or weekend gatherings. Located near local parks, shopping, dining, and just minutes from Victorian Square, this area is known for its vibrant community and easy access to Reno. This home offers great value in a lovely neighborhood.

1701 C St, Sparks

$350,000

Buy this home with a payment of under 1,900 per month! The seller's assumable FHA loan at 2.875 percent offers an incredible opportunity to beat today's interest rates and lock in a low monthly payment that includes taxes, insurance, and PMI all under 1,900. Located near I-80, Downtown Sparks, and Victorian Square, this single-story home spans 1,975 sq. ft. on a spacious lot with a solid cinderblock, 480 sq. ft. detached garage—perfect for two vehicles, storage, or workshop space. Inside, you'll find 4 bedrooms, 2 full baths, new carpeting, and updated bathrooms including an improved primary suite. With its MUD zoning, this property presents exceptional flexibility—live in it, run a small business, or explore the potential to add additional units. Whether you're an investor, an owner-occupant looking for a low-rate loan, or a buyer ready to put in some sweat equity, 848 Rock Blvd offers both immediate savings and long-term upside.

4 Beds ⋅ 2 Baths ⋅ 250057551 MLS

Buy this home with a payment of under 1,900 per month! The seller's assumable FHA loan at 2.875 percent offers an incredible opportunity to beat today's interest rates and lock in a low monthly payment that includes taxes, insurance, and PMI all under 1,900. Located near I-80, Downtown Sparks, and Victorian Square, this single-story home spans 1,975 sq. ft. on a spacious lot with a solid cinderblock, 480 sq. ft. detached garage—perfect for two vehicles, storage, or workshop space. Inside, you'll find 4 bedrooms, 2 full baths, new carpeting, and updated bathrooms including an improved primary suite. With its MUD zoning, this property presents exceptional flexibility—live in it, run a small business, or explore the potential to add additional units. Whether you're an investor, an owner-occupant looking for a low-rate loan, or a buyer ready to put in some sweat equity, 848 Rock Blvd offers both immediate savings and long-term upside.

848 Rock Blvd, Sparks

$288,500

This 2-bedroom, 1-bath home offers the added flexibility of MUD (Mixed Use Development) zoning, allowing for a variety of residential and potential business uses. Conveniently located near shopping, dining, parks, and freeway access, the property features a spacious front driveway with RV access and parking for 5+ vehicles, trailers, or work equipment. Recent updates include a rebuilt heating system with new internal components and thermostat and a newer electrical breaker box. The large backyard provides additional space for storage, gardening, entertaining, or future improvements.

2 Beds ⋅ 1 Baths ⋅ 260008963 MLS

This 2-bedroom, 1-bath home offers the added flexibility of MUD (Mixed Use Development) zoning, allowing for a variety of residential and potential business uses. Conveniently located near shopping, dining, parks, and freeway access, the property features a spacious front driveway with RV access and parking for 5+ vehicles, trailers, or work equipment. Recent updates include a rebuilt heating system with new internal components and thermostat and a newer electrical breaker box. The large backyard provides additional space for storage, gardening, entertaining, or future improvements.

824 Rock Blvd, Sparks