2011 H St Sparks, NV 89431
Downtown Sparks NeighborhoodEstimated payment $3,190/month
Highlights
- Cooling System Mounted To A Wall/Window
- Asbestos
- Carpet
- Landscaped
- Property is Fully Fenced
- Heating System Uses Natural Gas
About This Home
2.25% VA ASSUMABLE LOAN AVAILABLE! For qualified buyers, this is a fantastic opportunity to lock in favorable financing. Contact listing agent for details. Outstanding investment opportunity in the heart of Sparks! This well-maintained, income-generating property includes a duplex and a separate 1-bedroom single-family residence, each with its own private fenced yard—perfect for tenant privacy and pet-friendly leasing. Priced at $555,000 with a cap rate over 6%, this property is an ideal option for first-time investors, house hackers, or seasoned buyers seeking a low-maintenance, cash-flowing asset.The property features multiple recent upgrades, including new fencing, updated railings, remodeled bathroom, and newer flooring/ carpet in some of the units. All units are tenant-occupied with long-term renters in place, providing immediate, stable income with room for future rent growth. Low vacancy history and desirable unit mix make this an easy addition to any rental portfolio.Listing agent is related to seller.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,083
Year Built
- Built in 1947
Lot Details
- 5,663 Sq Ft Lot
- Property is Fully Fenced
- Landscaped
Parking
- 1 Parking Space
Home Design
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Asbestos
- Stucco
Interior Spaces
- 1,264 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
- Blinds
- Crawl Space
Kitchen
- Oven
- Gas Range
Flooring
- Carpet
- Laminate
Schools
- Smith Elementary School
- Sparks Middle School
- Sparks High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- The owner pays for all utilities
- Assessor Parcel Number 03126102
Community Details
Overview
- 2 Buildings
- 3 Units
- Sparks Community
- Newtown Tract Subdivision
Amenities
- No Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Net Operating Income $34,972
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,083 | $64,253 | $47,250 | $17,003 |
| 2024 | $1,083 | $60,957 | $43,960 | $16,997 |
| 2023 | $1,003 | $59,743 | $44,625 | $15,118 |
| 2022 | $929 | $47,298 | $34,685 | $12,613 |
| 2021 | $875 | $42,638 | $30,310 | $12,328 |
| 2020 | $818 | $42,463 | $30,310 | $12,153 |
| 2019 | $779 | $36,805 | $25,235 | $11,570 |
| 2018 | $750 | $29,672 | $18,585 | $11,087 |
| 2017 | $717 | $28,705 | $17,850 | $10,855 |
| 2016 | $710 | $25,534 | $14,700 | $10,834 |
| 2015 | $202 | $21,884 | $11,130 | $10,754 |
| 2014 | $695 | $19,553 | $9,450 | $10,103 |
| 2013 | -- | $17,780 | $7,875 | $9,905 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Price Changed | $555,000 | -5.8% | $439 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $589,000 | -- | $466 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $314,000 | First Centennial Title Co | |
| Bargain Sale Deed | $82,000 | None Available | |
| Bargain Sale Deed | $54,500 | Ticor Title Reno | |
| Trustee Deed | $74,846 | Accommodation | |
| Bargain Sale Deed | $250,000 | First Centennial Title Co | |
| Bargain Sale Deed | $142,500 | First Centennial Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $121,500 | First American Title Co | |
| Deed | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $373,750 | VA | |
| Previous Owner | $316,304 | VA | |
| Previous Owner | $314,000 | VA | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $200,000 | Balloon | |
| Previous Owner | $114,000 | No Value Available | |
| Previous Owner | $109,350 | No Value Available |
Source: Northern Nevada Regional MLS
MLS Number: 250000966
APN: 031-261-02
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