$480,000 Active Under Contract
8 E O 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
·
1,697 Sq Ft

About This Property

Come see this absolutely stunning house in the heart of Sparks. This is an excellent street, close to everything, but with a quiet feel. In addition to the wonderful layout, there is a large bonus room with a closet. Come see to get a real feel.

Listed by Sam Stout — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260005745
Days on Market 4
Price/Sq Ft $283

Property History

May 08, 2026
Listed for sale
$480,000
Current
Pending
$480,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,697
Lot Size 0.14 acres
Stories 1
Year Built 1956
Property Type Single Family Residence
Subdivision Green Brae Terrace 8
APN 028-382-27
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Unknown
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1,029
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($96,000)
Home price
$480,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373