$550,000
$50K PRICE DROP

Estimated payment $3,012/month

Total Views 5,544
-- Bed
-- Bath
1,766 Sq Ft
$311 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Tandem Parking
  • Accessibility Features
  • Double Pane Windows
  • Courtyard
  • 3-minute walk to Deer Park

About This Home

Central Sparks Triplex on big lot, MUD zoned, could support more units. Alley access, stable rents. So close to downtown Sparks, all events are within 5 minutes. 3 bedroom rents for $1600, 2 bedroom rents for $1300, 1 bedroom rent is $1000. Always rented. Some TLC needed on exterior, interiors rehabbed in 2021. Landlord covers utilities, figured into APOD at 6.8% CAP Rate. 8 plex across street, commercial next door. Maximize your return with some creative planning. 3 units under 1 roof. Get rid of old garage, build more units.

Listing Agent

Tim Lambdin

NextHome Yourpickettfence Group License #BS.7450 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot

Home Design

  • Stone Foundation
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Lap Siding
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher

Parking

  • 4 Parking Spaces
  • Parking Pad
  • 1 Parking Space Included
  • Common or Shared Parking
  • Alley Access
  • Tandem Parking
  • RV Access or Parking

Schools

  • Mitchell Elementary School
  • Sparks Middle School
  • Sparks High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Master Meter
  • Gas Water Heater
  • Internet Available
  • Phone Connected
  • Cable TV Available

Additional Features

  • Accessibility Features
  • Courtyard

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 032-063-12

Community Details

Overview

  • Triplex On C Community
  • Newtown Tract Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • 3 Leased Units
  • Trash Expense $120
  • Net Operating Income $40,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$977

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.19
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 2911-o
  • Co List Office Phone: 775-762-8355
  • Subdivision Name: Newtown Tract
  • Directions: Rock to C St.
  • Has Cooling?: No
  • Has Fireplace?: No
  • Tax Legal Zoning4: MUD
  • Building Stories5: 2
  • Lot Features Landscaped: Yes
  • Construction Materials Asbestos: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Fencing Full2: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Association Community Senior Community Y N3: No
  • Tax Legal Elementary School2: Mitchell
  • Tax Legal High School2: Sparks
  • Lot Lot Size Acres4: 0.19
  • Lot Lot Size Square Feet4: 8276.4
  • Pet Information Pets Allowed Y N: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Foundation Details Stone2: Yes
  • Tax Legal Tax Annual Amount3: 977.12
  • Lot Spa Y N4: No
  • Incomeand Expenses Net Operating Income: 40470.0
  • Meter Information Separate Meters Y N: No
  • Meter Information One Primary Electric Meter Y N: Yes
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Sparks
  • Pet Information Pets Comments: Tenants have pets
  • Building Accessibility Features Y N5: Yes
  • Tax Legal Community Name5: Sparks
  • Levels Two: Yes
  • Incomeand Expenses Total Actual Rent: 46800.0
  • Incomeand Expenses Trash Expense: 120.0
  • Unit Details Number Of Units Leased: 3
  • Building Building Name5: Triplex on C
  • Typeof Construction Site Stick- Built2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Flooring: Laminate
  • Other Equipment: Varies By Unit
  • Owner Pays: All Utilities
  • Window Features: Blinds, Double Pane Windows, Varies
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Flooring Laminate: Yes
  • Interior Fireplace Y N3: No
  • Interior Building Area Total3: 1766.0
  • Unit1 Furnished3: Unfurnished

Exterior Features

  • Roof: Asphalt, Composition, Pitched
  • Stories: 2
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Asbestos, Lap Siding, Wood Siding
  • Foundation Details: Stone, Crawl Space
  • Other Structures: Other
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Asphalt3: Yes
  • Exterior Features Courtyard: Yes
  • Lot Pool Private Y N4: No
  • Construction Materials Lap Siding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Common, Parking Pad, RV Access/Parking, Tandem
  • Total Parking Spaces: 4.0
  • Parking Features R V Access Parking: Yes
  • Parking Features Tandem: Yes
  • Parking Information Parking Total4: 4.0
  • Parking Features Common: Yes
  • Parking Features Alley Access: Yes
  • Parking Features Parking Pad: Yes
  • Unit1 Garage Attached Y N: No
  • Unit1 Parking Capacity Per Unit: 1.0

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: No
  • Owner Pays All Utilities: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes

Fee Information

  • Trash Expense: 120.0

Schools

  • Middle Or Junior School: Sparks

Lot Info

  • Parcel Number: 032-063-12
  • Fencing: Full
  • Lot Size Sq Ft: 8276.4
  • Zoning: MUD

Multi Family

  • Gross Scheduled Income: 46800.0
  • Number Of Units Furnished: None
  • Number Of Units Leased: 3
  • Number of Month to Month Units: 2
  • Total Actual Rent: 46800.0

Tax Info

  • Tax Annual Amount: 977.12

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $977 $55,450 $31,675 $23,775
2024 $977 $51,268 $27,860 $23,408
2023 $911 $52,323 $30,625 $21,698
2022 $852 $40,283 $22,680 $17,603
2021 $782 $33,475 $16,275 $17,200
2020 $747 $32,705 $15,820 $16,885
2019 $722 $29,802 $13,615 $16,187
2018 $684 $25,702 $10,220 $15,482
2017 $667 $24,784 $9,555 $15,229
2016 $644 $22,668 $7,420 $15,248
2015 $171 $20,708 $5,775 $14,933
2014 $627 $17,810 $3,815 $13,995
2013 -- $16,322 $2,730 $13,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $550,000 -8.3% $311 / Sq Ft
06/02/2025 06/02/25 For Sale $600,000 -- $340 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $220,000 Western Title Company
Deed $23,500 First Centennial Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,500 Construction
Closed $55,000 Commercial
Closed $243,900 Construction
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250050779

Northern Nevada Regional MLS

APN: 032-063-12