$550,000 Active
627 C 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
·

About This Property

Opportunity to own two units with a bonus unpermitted living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, and multi-gen living. The property is within one block from Victorian Avenue providing tenant direct access to our areas most popular events. This location is the hub for all the areas major events providing tenants walkability to 39 North events, Hot August Nights, The Best in West Rib Cook Off, major Concerts, local and national restaurants, and casino gaming establishments. Each unit has washer and dryer, stainless steel appliances and window AC units. The downstairs unit is a 2 bed, 1 bath and the upstairs unit is a 1 bed, 1 bath. Excellent opportunity to own an income producing investment property, turn one or both units into short term rentals, or owner occupy one unit and rent the others.

Listed by Angela Beard — RE/MAX Gold

Listing Details

Status Active
MLS # 260011694
Days on Market 3

Property History

Sep 10, 2026
Listed for sale
$550,000
Property Overview
Beds 3
Lot Size 0.08 acres
Stories 2
Year Built 1917
Property Type Duplex
Subdivision O'Sullivan Addition
STR Jurisdiction Washoe County
APN 033-306-02
Parking
Parking Features Alley Access, Attached
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Brick
Roof Composition, Shingle
Foundation None
Pool & Spa
Pool No
Utilities & Systems
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Financial
Annual Tax $2,829
Schools
Elementary School Lincoln Park
Middle School Dilworth
High School Sparks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
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