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Celia Klein

celia.klein@engelvoelkers.com +1(530) 277-9328

$ 525,000

Est. payment -/mo

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Active

1720 H ST Sparks, NV 89431

2 Beds

1 Bath

900 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $583

Subdivision Newtown Tract

MLS Listing ID 260000836

Bedrooms 2

Year Built 1963

Annual Tax Amount $1,438

Lot Size 6,011 Sqft

Acres 0.14

Lot Dimensions 0.14

Property Sub-Type Duplex

Property Description

This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.

Location

State NV

County Washoe

Community Newtown Tract

Area Newtown Tract

Zoning MUD

Interior

Heating Natural Gas

Cooling Central Air

Flooring Luxury Vinyl

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Common, RV Access/Parking, None

Pool None

Utilities Available Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed

View Y/N No

Roof Type Composition,Shingle

Garage No

Building

Lot Description Landscaped, Level

Story 1

Foundation Crawl Space

Water Public

Structure Type Frame,Wood Siding

Schools

Elementary Schools Smith

Middle Schools Sparks

High Schools Sparks

Others

Tax ID 031-194-10

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listed by Sierra Sotheby's International

NEARBY SCHOOLS & PROPERTIES

Walden Klein Group

License ID: CA: 02005034, NV: S.0189672

+1(530) 277-9328

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