$459,990 Active
1559 D Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,021 Sq Ft

About This Property

COMPLETELY REMODELED & MOVE-IN READY! This charming 2-BEDROOM, 2-BATHROOM home offers the perfect blend of MODERN UPDATES. Step inside and you'll immediately notice the BRIGHT, OPEN & AIRY feel. Thoughtfully remodeled with NEW ELECTRICAL, UPDATED PLUMBING, NEW RECESSED LIGHTING, NEW MINI-SPLIT HEATING & COOLING SYSTEMS, SELECT NEW WINDOWS, and ALL NEW LVP flooring completed by contractors. The TWO BATHROOMS add convenience and functionality to this beautifully updated home. The BRAND-NEW KITCHEN is a standout, featuring ALL-NEW APPLIANCES, abundant cabinetry, and EXTRA STORAGE while opening seamlessly to the dining area—perfect for entertaining! An additional flex area creates the ideal spot for a HOME OFFICE, WORKSPACE OR COZY READING NOOK. Outside, enjoy WONDERFUL CURB APPEAL and attractive front landscaping, plus a LEVEL BACKYARD WITH ALLEY ACCESS offering plenty of possibilities to make the space your own. URBAN LIVING & OUTDOOR SPACE, all within walking distance of VICTORIAN SQUARE with shopping, dining, entertainment, and events nearby! Plus, enjoy QUICK FREEWAY ACCESS for an easy commute. The convenient ALLEY ACCESS and SPACIOUS SIDE DRIVEWAY provide additional parking possibilities for recreational vehicles, trailers, or extra vehicles. LOCATION, UPGRADES, PARKING & POTENTIAL—THIS ONE HAS IT ALL! Fresh, stylish, functional, and ready for its next owner. Walk to Victorian Square, fire up the BBQ in your backyard, and enjoy your own piece of real estate close to the heart of the action. TURNKEY, UPDATED & READY TO GO—MUST SEE TO APPRECIATE! Seller is a licensed real estate Broker. Some pictures are virtually staged.

Listed by Chris DeMay — Blue Sierra Realty

Listing Details

Status Active
MLS # 260010510
Price/Sq Ft $451

Property History

Aug 14, 2026
Listed for sale
$459,990
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,021
Lot Size 0.14 acres
Stories 2
Year Built 1935
Property Type Single Family Residence
Subdivision Newtown Tract
STR Jurisdiction Washoe County
APN 032-076-02
Parking
Total Parking 5
Parking Features Alley Access, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Construction Asbestos, Fiber Cement
Roof Composition, Pitched
Foundation Crawl Space
Financial
Annual Tax $652
Schools
Elementary School Mitchell
Middle School Sparks
High School Sparks
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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% ($91,998)
Home price
$459,990
Loan details
30-yr fixed, 6.5%
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