$428,000 Active
1841 1st Street
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
·
1,108 Sq Ft
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About This Property

Welcome to 1841 1st Street—a thoughtfully renovated 3-bedroom, 1-bath home situated on a spacious corner lot of nearly one-quarter acre, directly across from neighborhood green space. This centrally located Sparks property offers an impressive combination of modern updates, functional improvements, and abundant outdoor space. Since 2023, the homeowner has extensively upgraded the property, including new R38 attic insulation and ventilation, larger vinyl windows, exterior stucco, luxury vinyl plank flooring throughout, updated electrical switches, receptacles and LED lighting, new interior texture and paint, custom trim, and new blinds. The expanded bathroom has been beautifully remodeled with an oversized tub and tiled surround, double vanity, additional storage, and conveniently relocated indoor laundry. The finished and insulated garage features a storage loft, multiple workshop outlets, LED shop lighting, and a Wi-Fi-enabled garage door opener. Outside, enjoy an expanded driveway and front porch, RV and boat parking, a fully fenced backyard with 6-foot cedar fencing, raised garden beds, drip irrigation, apple trees, and drought-tolerant landscaping. With its generous lot, extensive improvements, and convenient location near shopping, parks, schools, and everyday amenities, this move-in-ready home offers exceptional versatility and value.

Listed by Virginia Marphis — Fathom Realty

Listing Details

Status Active
MLS # 260009088
Price/Sq Ft $386

Property History

Jul 16, 2026
Listed for sale
$428,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,108
Lot Size 0.20 acres
Stories 1
Year Built 1960
Property Type Single Family Residence
Subdivision Green Brae Terrace Addition 14
STR Jurisdiction Washoe County
APN 028-321-22
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Corner Lot, Level
View Park/Greenbelt, Trees/Woods
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $904
Schools
Elementary School Greenbrae
Middle School Dilworth
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% ($85,600)
Home price
$428,000
Loan details
30-yr fixed, 6.5%
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