$455,000
Active
1831 Fargo Way
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,376
Sq Ft
About This Property
This beautifully 3 bedroom, 2 bath, 2 car garage East Sparks Home home is the perfect investment for first time home buyers, empty nesters, retirees, single individuals, families and investors alike, in addition to being the definition of low maintenance! Call today for your showing! Current average water bill runs approximately $25 per month, year-round! WOW! Conveniently located only 6 minutes to I-80 freeway east/west, 16 minutes to UNR and 21 Minutes to Summit Sierra Mall! Kitchen refrigerator to convey with the home at no implied nor expressed warranty nor value. What more could you ask for!
Listed by Karolina Delaney — Real Broker LLC
Listing Details
Status
Active
MLS #
260007602
Price/Sq Ft
$331
Property History
Jun 13, 2026
Listed for sale
$455,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,376
Lot Size
0.11 acres
Stories
1
Year Built
1986
Property Type
Single Family Residence
Subdivision
Lewis Homes Sparks 12I
STR Jurisdiction
Washoe County
APN
036-514-09
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$1,916
Schools
Elementary School
Dunn
Middle School
Dilworth
High School
Reed
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% ($91,000)
Home price
$455,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
