947 I Street, Sparks, NV 89431
Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
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:48 day(s) ago
- Updated:August 13, 2026 at 03:39 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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