$365,000
Active
1000 1st Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
1.0
Baths
·
1,130
Sq Ft
About This Property
This charming home in Sparks is an ideal opportunity for first-time buyers. Its spacious yard offers ample room for outdoor activities, gardening, or future expansions, and with great potential for updates, it's perfect for those looking to make their mark. This house is ready for your personal touches and your creative vision. Situated in a convenient location near shopping centers, you will enjoy easy access to everyday necessities. Conveniently priced for first-time buyers looking to enter the housing market.
Listed by Alma Chilson — Solid Source Realty
Listing Details
Status
Active
MLS #
260011986
Days on Market
5
Price/Sq Ft
$323
Property History
Sep 17, 2026
Listed for sale
$365,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,130
Lot Size
0.14 acres
Stories
1
Year Built
1948
Property Type
Single Family Residence
Subdivision
Green Brae Terrace
STR Jurisdiction
Washoe County
APN
033-131-08
Parking
Parking Features
Parking Pad
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sprinklers In Rear
Construction
Stucco
Roof
Composition, Shingle
Foundation
Crawl Space, Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax
$643
Schools
Elementary School
Greenbrae
Middle School
Dilworth
High School
Sparks
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($73,000)
Home price
$365,000
Loan details
30-yr fixed, 6.5%
