$325,000
Active
1915 Merchant 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
·
1.5
Baths
·
1,270
Sq Ft
About This Property
Opportunity awaits in this centrally located 3-bedroom, 1 1/2 bath townhome! Conveniently situated near shopping, schools, public transportation, and everyday amenities. This home offers an ideal combination of location and potential! The functional floor plan features spacious living areas, ample storage, and comfortable bedrooms. Special features include triple-pane windows throughout, central AC, durable cement roof and no HOA. Reimagine cosmetic updates and your own personal touch. Whether you're a first-time homebuyer, investor, or someone looking for a value-priced home in a desireable location, this home is full of possibilities. Don't miss the chance to make it your own!
Listed by Stacey Batiste — LPT Realty, LLC
Listing Details
Status
Active
MLS #
260007582
Days on Market
1
Price/Sq Ft
$256
Property History
Jun 12, 2026
Listed for sale
$325,000
Property Overview
Beds
3
Baths
1.5
Sq. Ft.
1,270
Lot Size
0.07 acres
Stories
2
Year Built
1979
Property Type
Townhouse
Subdivision
Merchant Courts
STR Jurisdiction
Washoe County
APN
031-430-26
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Cul-De-Sac, Level
Roof
Tile
Foundation
Concrete Perimeter, Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$920
Schools
Elementary School
Mitchell
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% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
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