$209,000 Active Under Contract
1536 Irene Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,111 Sq Ft

About This Property

Welcome to your next chapter in the heart of Old Sparks — where local nostalgia meets vibrant community living. This updated 2-bedroom, 1.5-bath condo is perfectly positioned across from Sparks High School, walkable to summer concerts at the Nugget, and just steps from the last standing Dairy Queen. Inside, you'll find an open-concept galley kitchen that flows right into the living area, plus a convenient half bath and your own private backyard patio. Upstairs are two nicely sized bedrooms connected by a Jack-and-Jill bathroom. The primary bedroom has vaulted ceilings and tons of natural light pouring in through the windows. Recent updates give this home a fresh feel, while the location puts you in the middle of everything Sparks has to offer. It's priced to sell, reflecting the exciting changes happening in the community.

Listed by Randita Mendez-Parra — Real Broker LLC

Listing Details

Status Active Under Contract
MLS # 250052598
Days on Market 308
Price/Sq Ft $188

Property History

Feb 02, 2026
Listed for sale
$209,000
Current
Pending
$209,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,111
Stories 2
Year Built 1979
Property Type Condominium
Subdivision Silver State Condominiums
APN 031-060-72
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot
View City
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $569
HOA Fee $281
HOA / Community Silver state condominiums
Schools
Elementary School Mitchell
Middle School Sparks
High School Sparks
HOA & Community
Community Amenities Clubhouse, Landscaping, Parking, Recreation Room
📊

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% ($41,800)
Home price
$209,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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