New Listing
Description
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.
Details
| MLS # | 260012185 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 2 |
| Listing Provided By | Marmot Properties, LLC | Christopher Moton |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,253 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | MUD |
| Acreage | 0.16 |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Evaporative Cooling, Wall/Window Unit(s), Varies By Unit |
| Cooling Yes / No | Yes |
| Window Features | Double Pane Windows, Vinyl Frames |
| Appliances | Dishwasher, Dryer, Refrigerator, Washer |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Pitched, Shingle |
|---|---|
| Exterior Features | None |
| Security Features | Smoke Detector(s) |
| Lot Features | Other |
| Construction Materials | Wood Siding |
| Foundation Details | Slab, Crawl Space |
| Fencing | Front Yard, Partial |
Parking
| Parking Features | Alley Access, Assigned |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available, Water Connected, Cellular Coverage |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 3119 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Prater Addition To Sparks |
| School District | Sparks |
| Elementary School | Mitchell |
| High School | Sparks |
| Listing VS Median (in Prater Addition To Sparks) | |
Price: $985,000 low | high Med: $404,500 sqft: 3,253 low | high Med: 1,273 $ / sqft: $303 low | high Med: $323 On site: 2 low | high Med: 70 | |
Market Activity 89431
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Prater Addition To Sparks |
| School District | Sparks |
| Elementary School | Mitchell |
| High School | Sparks |
| Listing VS Median (in Prater Addition To Sparks) | |
Price: $985,000 low | high Med: $404,500 sqft: 3,253 low | high Med: 1,273 $ / sqft: $303 low | high Med: $323 On site: 2 low | high Med: 70 | |
 | $699,9001018 E StreetSparks, NV 89431 |
 | $699,666908 12th StreetSparks, NV 89431 |