$262,500 Active Under Contract
536 Nichols Boulevard
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
·
810 Sq Ft

About This Property

Stylish, well-maintained single-level corner unit condo featuring 2 bedrooms and 1 bath on the ground floor. Prime location just blocks from the freeway and minutes from Sparks Marina and the Legends Shopping Center, with easy access to shopping, dining, and entertainment. This home offers a solid list of upgrades, including new countertops, updated appliances, new LVP flooring and carpet, fresh interior paint, and a sliding barn door. Central A/C provides year-round comfort. Enjoy a private, enclosed patio surrounded by mature trees, creating a comfortable outdoor space. Parking includes a covered carport, along with additional on-site and street parking. Two separate storage closets are also included. Call or schedule your tour today.

Listed by Cameron Meals — Blue Sierra Realty

Listing Details

Status Active Under Contract
MLS # 260004314
Days on Market 27
Price/Sq Ft $324

Property History

Apr 10, 2026
Listed for sale
$262,500
Current
Pending
$262,500
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 810
Stories 1
Year Built 1985
Property Type Condominium
Subdivision Pine Meadows
APN 033-411-04
Parking
Total Parking 1
Parking Features Additional Parking, Carport, None
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Peek
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $674
HOA Fee $300 / Monthly
HOA / Community Pine Meadows
Schools
Elementary School Lincoln Park
Middle School Dilworth
High School Sparks
HOA & Community
Community Amenities Parking, Storage
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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% ($52,500)
Home price
$262,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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