947 I Street, Sparks, NV 89431

Sparks
Local realty services provided by:ERA Realty Central
947 I Street,Sparks, NV 89431
$675,000
Virtual Tour
  • 7 Beds
  • 3 Baths
  • 2,477 sq. ft.
  • Multi-family
  • Active
Listed by: kathryn courtney
Office: lpt realty, llc.
MLS#:260008160
Source:NV_NNRMLS

Price summary

  • Price:$675,000
  • Price per sq. ft.:$272.51

About this home

Investment opportunity with a 6.8 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.

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Home facts

  • Year built:1960
  • Listing ID #:260008160
  • Added:141 day(s) ago
  • Updated:November 14, 2026 at 04:21 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Flooring:Luxury Vinyl
  • Kitchen Description:Dishwasher, Electric Range, Refrigerator
  • Living area:2,477 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Year built:1960
  • Building area:2,477 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Frame
  • Levels:One

Schools

  • High school:Sparks
  • Middle school:Dilworth
  • Elementary school:Mitchell

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$272.51
  • Tax amount:$2,403

Features and amenities

  • Appliances:Dishwasher, Electric Range, Refrigerator
  • Laundry features:In Hall, Washer Hookup

Parking

  • Parking description:Varies by Unit
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