Courtesy: Reno Country Properties
775-686-8224
1522 A and B F Street Sparks offer a unique investment profile with two detached dwellings on a single parcel, each with its own entrance, living space, and rental stream. Both units are separately livable and generate consistent monthly income. 1522 A, the front home, is a well kept single story 3-bedroom, 2 bath 1052 Sq ft unit with functional layout and steady rental history. It is currently rented through April 2027 at a monthly rent of $2050. The rear home, 1522 B, is a detached 2 bedroom/1 bath 644 sqft unit with private access, strong tenant demand, and solid cash flow. The current lease ends in July 2026. It is currently rented at $1300 with upside. Zillow's rent estimate is $1665. The layout provides flexibility for investors seeking stable returns, or for buyers who may eventually want to live in one unit while renting the other. The detached configuration reduces noise transfer and increases tenant satisfaction, while the central Sparks location, with easy access to Victorian Square, shopping, transit, and freeway access keeps vacancy rates low. This is a clean, functional, income producing property with strong rental history and long-term upside. Photos are when the units were vacant.
Courtesy: LPT Realty, LLC
775-544-1328
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.
Courtesy: PMI Reno
775-393-9603
Priced to Sell. Great investment property. two units on one parcel. Unit in the back is currently rented. 1500 /month. Currently being managed by a property manager. Lease ends 11/30/2026. Rent one live in the other, or rent both. Selling As Is. Seller is offering up to 2,000.00 flooring allowance for the vacant unit
Courtesy: DL Realty
775-762-5418
Single-family house AND duplex on a corner lot. The freestanding house (912 12th St.) is 2 bedrooms / 1.5 bathrooms / 1 car garage and has washer & dryer hookups and forced air heating. Similar houses in the area (without a duplex) have recently sold for over four hundred thousand dollars. The duplex (908 12th St. and 1168 H St.) consists of two 1 bedroom / 1 bathroom units and both have washer hookups and mini-split heating and cooling. All 3 units are individually metered for gas, electricity, AND water. Owner pays sewer and trash, tenants pay gas, electric, and water. The roof on the duplex will be replaced by the Seller in July. Duplex unit 908 12th St. has intentionally been left vacant and can be shown with approval. The single-family house (912 12th St.) and duplex unit 1168 H St. are both tenant occupied - please do not disturb. Financials are available upon request.
Courtesy: RE/MAX Professionals-Sparks
775-446-7200
Great investment opportunity, 3 separate units, all units occupied. Well maintained, great location near schools, shopping, easy freeway access. All units have updates and are in good condition. Sale includes 1018 E Street, 1016 E Street on parcel listed above and 1018-1/2 E Street on additional parcel.
Courtesy: West River Real Estate
530-536-5166
Extensive remodel of a beautiful historic building located near Victorian Square. Current 7 percent plus cap rate for this property. All three upstairs 1 bed/1 bath units, and the large 4 bed / 2 bath downstairs unit have been fully remodeled. All four units are rented on month-to-month leases for maximum flexibility for new new owner, but tenants would like to stay long term. This property is an exceptional investment.
Courtesy: Sierra Sotheby's International
775-502-0440
This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.
Courtesy: Dickson Realty - Sparks
775-685-8800
BACK ON MARKET AT NO FAULT OF SELLER. Investor Alert! This 4-unit charming brick multifamily property is an exceptional opportunity to secure a strong, income-producing asset. All four units feature 2 bedrooms and 1 bathroom, 1 car garage per unit offering highly desirable layouts for long-term tenants. Three units are currently rented with 1-year leases already in place, providing immediate and stable cash flow. The property includes a community coin-operated washer and dryer for tenant convenience, adding additional income potential. Each unit has been upgraded with Airport Authority windows, and the roof has also been updated, offering peace of mind and reduced future maintenance costs, conveniently located near, highway, dining, bus lines and Sparks community entertainment, small area for dogs to play. Cashflow documents and financials are available upon request. Don't miss your chance to add this well-maintained, turnkey investment to your portfolio or occupy 1 unit and rent the rest qualifying for owner occupancy lending !
Sparks is located in Nevada. Sparks, Nevada has a population of 106,900. Sparks is more family-centric than the surrounding county with 30.16% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Sparks, Nevada is $73,678. The median household income for the surrounding county is $74,292 compared to the national median of $69,021. The median age of people living in Sparks is 37.7 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 8 inches per year, with 18.5 inches of snow per year.
