1069 Palmwood Drive, Sparks, NV 89434

Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
1069 Palmwood Drive,Sparks, NV 89434
$450,000
  • 3 Beds
  • 2 Baths
  • 1,321 sq. ft.
  • Single family
  • Active
Listed by:jake andronico
Office:address income
MLS#:250052193
Source:NV_NNRMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$340.65

About this home

This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.

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Home facts

  • Year built:1977
  • Listing ID #:250052193
  • Added:90 day(s) ago
  • Updated:September 24, 2025 at 04:55 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,321 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Fireplace(s), Forced Air, Heating

Structure and exterior

  • Year built:1977
  • Building area:1,321 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Reed
  • Middle school:Mendive
  • Elementary school:Juniper

Utilities

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

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$340.65
  • Tax amount:$1,735
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