947 I St Sparks, NV 89431
Downtown Sparks NeighborhoodEstimated payment $4,197/month
Highlights
- Double Pane Windows
- Accessibility Features
- Ceiling Fan
- Cooling Available
- Forced Air Heating System
- Wood Burning Fireplace
About This Home
Investment opportunity with a solid six 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,404
Year Built
- Built in 1960
Parking
- 2 Parking Spaces Included
Home Design
- Slab Foundation
- Frame Construction
- Stick Built Home
Interior Spaces
- 2,477 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in Hall
- Washer Hookup
Schools
- Mitchell Elementary School
- Dilworth Middle School
- Sparks High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Separate Water Meter: 2
- Gas Water Heater
Additional Features
- Accessibility Features
- 9,191 Sq Ft Lot
Listing and Financial Details
- The owner pays for sewer, trash collection
- Assessor Parcel Number 031-232-37
Community Details
Overview
- 2 Units
- Sparks Community
- Prater Addition To Sparks Subdivision
Building Details
- 1 Leased Unit
- 1 Vacant Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,189 | $71,115 | $40,880 | $30,235 |
| 2024 | $2,704 | $67,915 | $38,710 | $29,205 |
| 2023 | $1,367 | $66,313 | $39,305 | $27,008 |
| 2022 | $1,266 | $54,998 | $32,865 | $22,133 |
| 2021 | $1,173 | $46,498 | $25,375 | $21,123 |
| 2020 | $1,103 | $47,322 | $26,250 | $21,072 |
| 2019 | $1,053 | $42,427 | $22,470 | $19,957 |
| 2018 | $1,000 | $34,267 | $15,190 | $19,077 |
| 2017 | $970 | $33,163 | $14,000 | $19,163 |
| 2016 | $945 | $30,471 | $11,200 | $19,271 |
| 2015 | $942 | $26,958 | $8,050 | $18,908 |
| 2014 | $911 | $25,247 | $7,000 | $18,247 |
| 2013 | -- | $24,185 | $6,160 | $18,025 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $740,000 | +119.8% | $299 / Sq Ft | |
| 10/05/2018 10/05/18 | Sold | $336,700 | -3.8% | $136 / Sq Ft | View Prior Sale |
| 09/17/2018 09/17/18 | Pending | -- | -- | -- | |
| 09/11/2018 09/11/18 | For Sale | $349,900 | -- | $141 / Sq Ft |
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 | $336,700 | Toiyabe Title | |
| Bargain Sale Deed | $240,000 | Reliant Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Western Title Company Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Stewart Title |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,525 | New Conventional | |
| Previous Owner | $232,000 | Unknown | |
| Previous Owner | $66,000 | No Value Available |
Source: Northern Nevada Regional MLS
MLS Number: 260008160
APN: 031-232-37
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