$450,000 Active
1460 Russell Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
1.5 Baths
·
1,196 Sq Ft
Virtual Tour

About This Property

Welcome to this 4 bedroom home filled with valuable updates and improvements! Featuring 1.5 beautifully remodeled bathrooms, this property combines comfortable living with upgrades that make a difference. Step inside to find new light fixtures throughout the home and triple pane soundproof windows, helping create a quieter and more comfortable interior. Major improvements also include a new air-conditioning system and a new roof 1 year old two significant updates already completed for the next owner. A Ring camera adds another convenient feature to the home. The outdoor space offers even more versatility, with a cemented uncovered patio ideal for outdoor seating, gatherings, or creating your own entertaining area. An additional cemented section along the side of the backyard provides convenient, low-maintenance usable space. With four bedrooms, remodeled bathrooms, triple-pane soundproof windows, updated lighting, a new A/C system, a new roof, Ring camera, and improved outdoor areas, this home offers a combination of space, comfort, and meaningful updates that is ready to be enjoyed.

Listed by Yadira Izquierdo — Chase International-Damonte

Listing Details

Status Active
MLS # 260011800
Days on Market 2
Price/Sq Ft $376

Property History

Sep 11, 2026
Listed for sale
$450,000
Property Overview
Beds 4
Baths 1.5
Sq. Ft. 1,196
Lot Size 0.17 acres
Stories 1
Year Built 1957
Property Type Single Family Residence
Subdivision Green Brae Terrace Westerly Addition D
STR Jurisdiction Washoe County
APN 027-392-39
Parking
Garage Spaces 2
Total Parking 4
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Level
View Mountain(s)
Roof Asphalt, Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $763
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 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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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