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- Description
- Property Details
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$675,000
Monthly Est:$3,360
7 Beds
3 Baths
2,477sqft
947 I St, Sparks, NV 89431
$675,000
$3,360/moEst:
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Multi Family
Built in 1960
$-- HOA
0.21 acre lot
$273/sq.ft
Description
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 4, 2026 at 12:19 am
- Listing Provided by: Kathryn Courtney (775) 225-6961 DRE #S.168915 | LPT Realty, LLC (775) 544-1328
- Source: Northern Nevada Regional MLS-NV | MLS#: 260008160
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
2,477 sqft
Lot Size
0.21 acre lot
Basement Area
- sqft
MLS Name
Northern Nevada Regional MLS
MLS Number
260008160
MLS Status
Active Under Contract-Show
Days on Market
107
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Interior
Sewer
Public Sewer
Window Features
Double Pane Windows, Vinyl Frames, Window Coverings
Cooling
Electric
Exterior Features
None
Interior Features
Ceiling Fan(s)
Heating
Forced Air, Natural Gas
Appliances
Dishwasher, Electric Range, Refrigerator
Flooring
Luxury Vinyl
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Roof
Composition
Foundation Details
Slab, Crawl Space
Construction Materials
Brick Veneer, Frame, Hardi Plank Type
Utilities & Energy
Security Features
Smoke Detector(s)
Parking Features
Varies By Unit
Pool Features
None
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Water Connected, Water Meter Installed
Fireplace Features
Wood Burning
Laundry Features
In Hall, Washer Hookup
Other Features
Lot Features
Other
Tenant Pays
Water, Gas, Electricity
Subdivision Name
Prater Addition To Sparks
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Contingent (Active Under Contract) | $675,000 -2.88% $273/sqft |
07/15/2026 Source: | Price Decreased | $695,000 -4.14% $281/sqft |
07/07/2026 Source: | Price Decreased | $725,000 -2.03% $293/sqft |
06/25/2026 Source: | Price Increased | $740,000 +2.07% $299/sqft |
06/25/2026 Source: | Listed for Sale | $725,000 $293/sqft |
Getting Around 947 I St
Bike Score®
Bikeable
65/100
Walk Score®
Very Walkable
73/100
Data provided by Redfin
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