$329,000
Active
423 5th 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
·
896
Sq Ft
About This Property
This quaint cottage in in a quiet and cool neighborhood near downtown area of Sparks. Home features a formal living room and kitchen/dining area. Converted 200 sq ft garage for living space / Property is being sold in an " As Is " condition. This home is part of the historic area of Sparks and is a short walk to downtown Sparks for all events / bus system / freeway to airport is just 5 mins / bike lanes to legends and Marina very close / this home has potential potential potential
Listed by Kevin Timm Sample — RockStar Realty
Listing Details
Status
Active
MLS #
260006612
Price/Sq Ft
$367
Property History
May 24, 2026
Listed for sale
$329,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
896
Lot Size
0.10 acres
Stories
1
Year Built
1925
Property Type
Single Family Residence
Subdivision
O'Sullivan Addition
APN
033-247-05
Parking
Parking Features
None
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level
Construction
Asbestos
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Financial
Annual Tax
$505
Schools
Elementary School
Lincoln Park
Middle School
Dilworth
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($65,800)
Home price
$329,000
Loan details
30-yr fixed, 6.5%
