$440,000 Active
1106 Prospect Avenue
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
·
1,092 Sq Ft

About This Property

Welcome to 1106 Prospect Ave, where character, charm, and thoughtful updates come together in the heart of Sparks. This beautifully maintained 3-bedroom, 1-bath home offers 1,092 square feet of living space plus a versatile bonus den perfect for a home office, reading nook, guest space, or creative retreat. Step inside to soaring vaulted wood-beam ceilings and an open-concept layout filled with natural light. The remodeled kitchen features a large island, updated cabinetry, stainless steel appliances, and seamless flow into the living area, highlighted by a modern fireplace and warm flooring throughout. Outside, you'll find a spacious backyard designed for both relaxing and entertaining, complete with mature shade trees, lush lawn, covered patio, and plenty of room for gatherings. The oversized paver driveway provides exceptional parking and curb appeal, while the expansive outdoor space offers endless possibilities for gardening, pets, play, or hosting friends and family. Conveniently located near shopping, dining, parks, schools, and freeway access, this move-in-ready home blends modern updates with timeless character in an established Sparks neighborhood.

Listed by John Leonard — eXp Realty

Listing Details

Status Active
MLS # 260007586
Price/Sq Ft $403

Property History

Jun 13, 2026
Listed for sale
$440,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,092
Lot Size 0.14 acres
Stories 1
Year Built 1955
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 027-431-22
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,010
Schools
Elementary School Maxwell
Middle School Sparks
High School Sparks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$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% ($88,000)
Home price
$440,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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