$450,000
Active Under Contract
505 6th 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
·
2.0
Baths
·
748
Sq Ft
About This Property
Updated "Old Sparks" home with additional detached garage converted to 1 bed 1 bath rental. All information to be verified by buyers and buyers agent.
Listed by Pete Barnato — RE/MAX Gold-Midtown
Listing Details
Status
Active Under Contract
MLS #
260007945
Price/Sq Ft
$602
Property History
Jun 20, 2026
Listed for sale
$450,000
Current
Pending
$450,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
748
Lot Size
0.14 acres
Stories
2
Year Built
1921
Property Type
Single Family Residence
Subdivision
O'Sullivan Addition
STR Jurisdiction
Washoe County
APN
033-242-07
Parking
Total Parking
3
Parking Features
None
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sprinklers In Front, Sprinklers In Rear
Roof
Composition
Foundation
Stone
Utilities & Systems
Heating
Natural Gas, Wall Furnace
Financial
Annual Tax
$1,002
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
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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
