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$565,000
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

$1,140,000
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

$350,000
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

$893,150
250058430 MLS
BACK ON MARKET AT NO FAULT OF SELLER. Investor Alert! This 4-unit charming brick multifamily property is an exceptional opportunity to secure a strong, income-producing asset. All four units feature 2 bedrooms and 1 bathroom, 1 car garage per unit offering highly desirable layouts for long-term tenants. Three units are currently rented with 1-year leases already in place, providing immediate and stable cash flow. The property includes a community coin-operated washer and dryer for tenant convenience, adding additional income potential. Each unit has been upgraded with Airport Authority windows, and the roof has also been updated, offering peace of mind and reduced future maintenance costs, conveniently located near, highway, dining, bus lines and Sparks community entertainment, small area for dogs to play. Cashflow documents and financials are available upon request. Don't miss your chance to add this well-maintained, turnkey investment to your portfolio or occupy 1 unit and rent the rest qualifying for owner occupancy lending !

234 18th St, Sparks

$380,000
3 Beds 2 Baths 250059148 MLS
1938 Historic Sparks charmer just minutes from Victorian Square! 3 bed, 2 bath with main-floor living and finished basement featuring 2 additional bedrooms and family room. Character you can't find in new builds, community you'll love living in. But don't let the vintage appeal fool you: most of the updates you'd want are already done, so you can move in and start living. The roof was replaced by the previous owner approximately in 2019, giving you major peace of mind on one of the most critical (and expensive) items a home can need. Inside, you'll find brand new laminate flooring throughout the main level (2024), durable and easy to maintain, perfect for everyday life and pet-friendly too. The primary bedroom features original hardwood floors, a classic touch that never goes out of style. The kitchen shines with granite countertops, a fresh backsplash, and updated paint (2021-2022), bringing both style and durability to the heart of your home. The upstairs bathroom was completely refreshed with a new sink and cabinet, updated flooring, and fresh paint on the walls and ceiling. The entire home was painted throughout in 2021-2022, with clean, neutral tones in the hallway, living room, kitchen, primary bedroom, and basement. The red trim on the front of the house was re-painted with a fresh coat, November of 2025. Downstairs, you'll find a fully finished basement with updated plumbing (2022), offering a functional second living area with two additional bedrooms and a full bath. The assessor records show two bedrooms, but the third bedroom in the basement includes an egress window. Whether you need a home office, guest suite, playroom, or creative space, it's ready and waiting. Out back, you'll find a paver patio (2022), already built for summer BBQs, morning coffee, or weekend gatherings. There's a park right across the street, giving you easy access to green space and fresh air without leaving the neighborhood. You're just moments from Victorian Square, home to Hot August Nights, the Best in the West Rib Cook-Off, seasonal farmers markets, art and wine strolls, Hometowne Christmas, and community movie nights under the stars. Local restaurants and shops are right around the corner, and downtown Reno is just a 15-minute commute. The refrigerator, washer, and dryer are included (no warranties), so major appliances are handled. If you appreciate a home with character and community, this one is waiting for you.

1756 F St, Sparks

$600,000
4 Beds 3 Baths 250052230 MLS
Incredible opportunity to own this charming brick home located on a lush .21 acre lot, with a 2 bedroom cottage located on the same parcel. The brick home located at the front of the property is 910 sqft with fresh interior paint, 2 bedrooms, 1 bathroom, a spacious garage, and a 910 sqft unfinished basement with fresh interior paint, housing a 1/2 bathroom and laundry area. The Cottage located behind the brick home on 711 20th Street is 780 sqft with 2 bedrooms, 1 bathroom, a new gas stove, a new refrigerator and new exterior paint. There are original Red Oak hardwood floors in both homes, along with fresh interior paint, triple pane windows, attic insulation, as well as newer gas wall furnaces and gas water heaters. Lush landscaping includes a working irrigation system, as well as a beautiful mature cherry tree. As a bonus, the vacant lot located at 0 F Street running along the west side of the property, is included in the sale. The lot is .07 acres (APN 03126308), giving even more space to this beautiful property full of opportunity. Both of the homes have been well maintained by the original family. Contact the listing agents to see for yourself!

2002 F St, Sparks

$530,000
250000966 MLS
2.25% VA ASSUMABLE LOAN AVAILABLE! 3 UNITS! For qualified buyers, this is a fantastic opportunity to lock in favorable financing. Contact listing agent for details. Outstanding investment opportunity in the heart of Sparks! This well-maintained, income-generating property includes a duplex and a separate 1-bedroom single-family residence, each with its own private fenced yard—perfect for tenant privacy and pet-friendly leasing. Priced at $555,000 with a cap rate over 6%, this property is an ideal option for first-time investors, house hackers, or seasoned buyers seeking a low-maintenance, cash-flowing asset. The property features multiple recent upgrades, including new fencing, updated railings, remodeled bathroom, and newer flooring/ carpet in some of the units. All units are tenant-occupied with long-term renters in place, providing immediate, stable income with room for future rent growth. Low vacancy history and desirable unit mix make this an easy addition to any rental portfolio. Listing agent is related to seller.

2011 H St, Sparks

$783,400
250054980 MLS
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.

737 16th St, Sparks

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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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