$589,000
Active
1745 H Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6
Beds
·
About This Property
Priced to Sell. Great investment property. two units on one parcel. Unit in the back is currently rented. 1500 /month. Currently being managed by a property manager. Lease ends 11/30/2026. Rent one live in the other, or rent both. Selling As Is. Seller is offering up to 2,000.00 flooring allowance for the vacant unit
Listed by Donna Harkins — PMI Reno
Listing Details
Status
Active
MLS #
260007431
Property History
Jun 11, 2026
Listed for sale
$589,000
Property Overview
Beds
6
Lot Size
0.14 acres
Stories
1
Year Built
1936
Property Type
MLF
Subdivision
Newtown Tract
STR Jurisdiction
Washoe County
APN
031-272-02
Parking
Total Parking
2
Parking Features
Parking Pad
Exterior & Lot
Exterior Features
None
Lot Features
Level
Construction
Frame
Roof
Composition, Shingle
Foundation
Crawl Space
Pool & Spa
Pool
No
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$1,654
Schools
Elementary School
Smith
Middle School
Sparks
High School
Sparks
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% ($117,800)
Home price
$589,000
Loan details
30-yr fixed, 6.5%
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