$995,000
UNDER CONTRACT

Estimated payment $5,640/month

Total Views 19,796
7 Beds
5 Baths
3,500 Sq Ft
$284 Price per Sq Ft

Highlights

  • Wood Flooring
  • Landscaped
  • Wood Siding
  • Mini Split Air Conditioners
  • Garage
  • Heating Available

About This Home

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.

Listing Agent

Brian Gonsalves

West River Real Estate License #B.1002126 Listed on: 03/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1903

Lot Details

  • 6,011 Sq Ft Lot
  • Landscaped

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • Garage
  • Alley Access

Schools

  • Lincoln Park Elementary School
  • Dilworth Middle School
  • Sparks High School

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Separate Meters
  • Master Meter
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 033-246-04

Community Details

Overview

  • 4 Units
  • Sparks Community
  • O'sullivan Addition Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,126

Year Built

Built in 1903

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Year Built: 1903
  • Property Sub Type: Income
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.14
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Security Features: None
  • Co List Office Mls Id: 9527-o
  • Co List Office Phone: 530-536-5166
  • Special Conditions: None
  • Subdivision Name: O'Sullivan Addition
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Special Information Covenants Conditions Restrictions Y N: No
  • Contract Rent Control Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Building Accessibility Features Y N5: No
  • Tax Legal Community Name5: Sparks
  • Special Features: UnderContract

Interior Features

  • Appliances: Gas Range, Refrigerator, Oven
  • Flooring: Wood, Varies
  • Owner Pays: Sewer, Water
  • Total Bedrooms: 7
  • Window Features: Varies
  • Interior Features: Other
  • Sprinklers: None
  • Window Features: Varies
  • Owner Pays: Sewer, Water

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Other
  • Lot Pool Private Y N4: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Garage

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Electric
  • Heating: Electric, Mini Split(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Cooling: Electric, Mini Split(s)

Schools

  • Middle Or Junior School: Dilworth

Lot Info

  • Parcel Number: 033-246-04
  • Fencing: Front Yard
  • Lot Size Sq Ft: 6011.0
  • Zoning: MUD

Rental Info

  • Tenant Pays: Electricity
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 4
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 2125.5

MLS Schools

  • Elementary School: Lincoln Park
  • HighSchool: Sparks

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $91,044 $49,000 $42,044
2024 $1,969 $87,425 $45,605 $41,820
2023 $1,913 $83,013 $46,305 $36,708
2022 $1,774 $66,820 $37,030 $29,790
2021 $1,642 $63,545 $33,530 $30,015
2020 $1,542 $62,409 $32,200 $30,209
2019 $1,469 $56,133 $28,000 $28,133
2018 $1,404 $52,289 $24,780 $27,509
2017 $1,347 $51,177 $23,800 $27,377
2016 $1,313 $46,344 $19,600 $26,744
2015 $1,311 $41,554 $14,840 $26,714
2014 $1,272 $36,810 $12,600 $24,210
2013 -- $33,938 $10,500 $23,438
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 For Sale $995,000 -- $284 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Bargain Sale Deed $525,000 First American Title
Deed -- First Centennial Title Co
Deed $182,500 First Centennial Title Co
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 260003489

Northern Nevada Regional MLS
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