$399,900 Active Under Contract
314 J 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
·
1.0 Baths
·
850 Sq Ft

About This Property

Welcome to this delightful single story residence nestled in an established neighborhood in central Sparks. This home offers comfortable living with easy access to local amenities - schools, shopping and the Sparks Marina Park, and quick freeway access to Reno, Tahoe-Reno Industrial Center (TRIC). An additional bonus room (approx 200sf, un-permitted) with a side entry door to the backyard off the kitchen - perfect for an office, sunroom, or sleeping area! Kitchen was recently remodeled and bath updated. Beautiful yard areas with mature landscaping, pond and fountain, workshop and additional storage sheds in back. This charming cottage is well maintained, clean, and ready to go!

Listed by Susan Irani — Ballard Realty, Inc.

Listing Details

Status Active Under Contract
MLS # 260003921
Days on Market 39
Price/Sq Ft $470

Property History

Apr 03, 2026
Listed for sale
$399,900
Current
Pending
$399,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 850
Lot Size 0.15 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Subdivision Green Brae Terrace Addition 3
APN 033-072-27
Parking
Total Parking 2
Parking Features Carport, Detached, Parking Pad
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Rear
Construction Asbestos
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Cooling Evaporative Cooling
Financial
Annual Tax $568
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($79,980)
Home price
$399,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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