1218 Junction Drive, Sparks, NV 89434

Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
1218 Junction Drive,Sparks, NV 89434
$420,000
  • 2 Beds
  • 2 Baths
  • 1,155 sq. ft.
  • Single family
  • Active
Listed by:jake andronico
Office:address income
MLS#:250052194
Source:NV_NNRMLS

Price summary

  • Price:$420,000
  • Price per sq. ft.:$363.64

About this home

This cash-flowing rental brings in 2,050/month with a solid tenant already in place. Investors are increasingly looking for homes like this—occupied, stabilized, and producing income on day one. It's a smart alternative to vacant listings and lease-up timelines. Features include 2 bedrooms, 2 bathrooms, 1,155 sqft, a newer roof, and fresh exterior paint. Lease active through July 1, 2026. 5 Cap on current, actual rents. Maintained with annual inspections, prompt maintenance, and verified rent history. Available individually or as part of a nearby three-home portfolio including 1069 Palmwood Dr and 1544 Woodhaven Ln, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for full financials.

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Home facts

  • Year built:1980
  • Listing Id #:250052194
  • Added:48 day(s) ago
  • Updated:August 13, 2025 at 03:16 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,155 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1980
  • Building area:1,155 sq. ft.
  • Lot area:0.14 Acres

Schools

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

Utilities

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

Finances and disclosures

  • Price:$420,000
  • Price per sq. ft.:$363.64
  • Tax amount:$1,483
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