$419,900 Active
700 M 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
·
1,270 Sq Ft

About This Property

No HOA! Beautifully maintained 3-bedroom house with additional room located in a convenient, desirable area. An abundance of natural light greets you as you step inside. Home has been remodeled, including flooring and a tiled tub surround in 2017, and new interior paint and bathroom floor tile in 2026. Step into your new home today!

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Active
MLS # 260007121
Price/Sq Ft $331

Property History

Jun 04, 2026
Listed for sale
$419,900
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,270
Lot Size 0.15 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Subdivision Green Brae Terrace Addition 5
STR Jurisdiction Washoe County
APN 033-012-11
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air
Financial
Annual Tax $709
Schools
Elementary School Greenbrae
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 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% ($83,980)
Home price
$419,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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