Add an established Sparks duplex to your investment portfolio! 1980/1984 Zephyr Way offers two spacious 2-bedroom, 2-bath units with long-term tenants currently in place. The larger unit features approximately 1,230 sq. ft. and a 2-car garage, while the second offers approximately 1,133 sq. ft. and a 1-car garage. Both units feature functional, open living areas, well-sized kitchens with generous cabinetry and counter space, in-unit laundry, central heating and air, and private outdoor space. Durable flooring and neutral interiors help make these homes practical and appealing rental properties. With established tenants already occupying both units, this property provides an opportunity for continued rental income from day one. Conveniently located in Sparks near everyday shopping, dining and area amenities. Tenant occupied — please do not disturb.
Turnkey Investment opportunity with established tenants already in place! Welcome to 1970/1974 Zephyr Way, an upgraded duplex offering two tenant-occupied units and the opportunity to add an established income-producing property to your investment portfolio. Both units feature 2 bedrooms and 2 bathrooms with updated kitchens featuring granite countertops. Unit 1970 offers laminate flooring throughout the living room and bedrooms, while Unit 1974 features carpet in the living room and bedrooms. Each residence provides a comfortable, functional floor plan with desirable features for long-term rental appeal. With both units currently rented, investors can benefit from existing rental income from day one. Tenants also reimburse for sewer and garbage, helping offset operating expenses. Whether you are expanding an existing portfolio or looking for a multi-family investment opportunity, this duplex offers a great combination of upgrades, established tenancy and future income potential. Please respect tenant privacy. Do not disturb tenants. Showings subject to tenant rights and required notice.
Excellent long-term investment opportunity to own four extremely well-maintained units in one of Sparks' most walkable, in-demand neighborhoods. 1230 E Street includes a newly remodeled single-family home out front and a well-maintained two-story triplex behind it. The front home is a charming, meticulously maintained 1922 two-bedroom, one-bath residence with 925 square feet. It has been fully refreshed with a newly completed remodel. The 1980-built triplex is 2,328 square feet across three units: one two-bedroom, 1.5-bath unit and two one-bedroom, 1.5-bath units. Each unit on the property has in-unit laundry and forced-air heat. All units are fully occupied. The property sits in Victorian Square in the heart of downtown Sparks. Tenants can enjoy the movie theater, Great Basin Brewing, local restaurants and coffee shops, the Nugget Casino Resort, and the seasonal Sparks Hometowne Farmers Market. The square also hosts signature events like the Best in the West Nugget Rib Cook-off and Hot August Nights. Quick access to I-80 puts tenants minutes from downtown Reno, the Sparks Marina, and Reno-Tahoe International Airport. It's also a straight shot east to the Tahoe Reno Industrial Center, home to Tesla's Gigafactory, Panasonic, and many other major employers. That steady employment base keeps rental demand high.
Opportunity to own two units with a bonus unpermitted living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, and multi-gen living. The property is within one block from Victorian Avenue providing tenant direct access to our areas most popular events. This location is the hub for all the areas major events providing tenants walkability to 39 North events, Hot August Nights, The Best in West Rib Cook Off, major Concerts, local and national restaurants, and casino gaming establishments. Each unit has washer and dryer, stainless steel appliances and window AC units. The downstairs unit is a 2 bed, 1 bath and the upstairs unit is a 1 bed, 1 bath. Excellent opportunity to own an income producing investment property, turn one or both units into short term rentals, or owner occupy one unit and rent the others.
Rare detached duplex opportunity in Sparks featuring two separate 1-bedroom, 1-bath residences on one parcel with no shared walls! An ideal setup for investors, house hackers, or owner-occupants looking to offset housing costs with rental income. One residence is currently tenant-occupied, providing immediate income, while the second offers flexibility for an owner-occupant or additional rental income. Both homes feature updated finishes, functional layouts, private outdoor spaces, and separate electric meters. The property also offers fully fenced outdoor areas, low-maintenance paver patios, storage space, off-street parking, and alley access. Conveniently located near Downtown Sparks, shopping, dining, parks, and freeway access. A unique opportunity! **Seller is offering a 20k credit toward buyer closing costs, rate buy-down, or other allowable costs with an acceptable offer**
Welcome to 526 7th Street, a well-located duplex in the heart of Sparks offering an excellent opportunity for investors, owner-occupants, or buyers looking to expand their rental portfolio. This versatile property features two separate living units, providing the potential for rental income while maintaining the flexibility of multi-generational living or owner occupancy. Conveniently situated near shopping, dining, schools, parks, major roadways, and the many amenities of the Reno-Sparks area, the property offers both convenience and strong rental appeal. Each unit provides its own living space, creating privacy for occupants and flexibility for a variety of living arrangements. Whether you're seeking an income-producing investment, a house-hacking opportunity, or a property with long-term potential, 526 7th Street is worth a look. Duplex properties in Sparks are a valuable opportunity—schedule your showing today and explore the possibilities. The property is being sold strictly in its current "AS-IS" condition and is priced accordingly.
Back on Market due to contingency expiration. Independent Appraisal was done and Units are priced at Appraised Value. A Copy of the appraisal is available upon request. All units have Electric Stove and Refrigerator, one unit has stackable washer/dryer. One unit has storage shed that transfers, one shed is owned by tenant. Exterior is Vinyl Siding over wood, Exterior was painted within the last year, additional rain gutter being added to the rear of the units so front and back will have gutters. .Upgraded insulation in ceilings, laminate floors, some tile bath floors, varies by unit. Airport Authority added additional Vinyl dual pane windows and Storm Doors. Drive by Only,DO NOT DISTURB TENANTS. Showing will be approved upon accepted Offer to be done during inspections. Additional parking across from units. One Unit has immediate opportunity for value add currently under market rent, as well as increase all tenants cost for trash. ANY OFFERS RECEIVED WILL BE REVIEWED ON SATURDAY 8/29 BY 5 PM, WITH A RESPONSE TIME BY SUNDAY 8/30 AT 5PM.
4-plex with 3 townhome style apartments that are 2 bedrooms and 1.5 baths each. Standalone home on the same parcel is the 4th rentable unit with 2 bedrooms, 1 bathroom, a large basement area and a fully fenced backyard area. Small storage spaces are available. Parking is easy with a lot in front of the 3-plex and the home has it's own lot with alley way access. Walking distance to Historic Victorian avenue for entertainment and events. Fire department is 2 blocks away, easy freeway access makes this central location highly desirable.
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.
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 was torn off and completely replaced in Sep. 2026. 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.
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.
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.
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.