737 16th St, Sparks, NV 89431
- $783,400
- 3,074
- SqFt
- Sold Price
- $783,400
- List Price
- $820,000
- Status
- CLOSED
- MLS#
- 250054980
- Subdivision
- Other
- Subdivision
- Newtown Tract
- Days on Market
- 47
- Closing Date
- Oct 09, 2025
- Year Built
- 1938
- Acres
- 0.14
- Living Area
- 3,074
- Stories
- 1
- Lot Size
- 6,098
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. The back standalone 2 bed 2 bath house was recently rented for 2,000 per month. With multiple inquiries at 1,700 per month for the bottom duplex unit, this 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.
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Additional Information
- Taxes
- $2,227
- Utilities
- Electricity Available, Internet Available, Natural Gas Available, Sewer Connected, Water Available, Cellular Coverage
- Stories
- 1
- Roof
- Asphalt, Shingle
- Foundation
- Slab
- Exterior Features
- Rain Gutters
- Garage Description
- Alley Access, Common, Varies By Unit
- Elementary School
- Mitchell
- Middle School
- Sparks
- High School
- Sparks
Mortgage Calculator
Courtesy of Jake Andronico and Address Income. Contact:
Selling Office: TrueNest Properties.
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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.
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