$625,000 Active
1947 G Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·

About This Property

1947 G Street offers two separate houses on one parcel, making it an excellent opportunity for investors seeking immediate dual-income potential. Both units are 2 bedrooms and 1 bathroom. The front unit is 672 sq ft and the rear unit is 745 sq ft, for a combined 1,417 sq ft. Both units are currently occupied, providing consistent rental income from day one. The front unit has received major system upgrades, including a full water-line repipe, new sewer line, new water heater, and fully updated electrical wiring and outlets. Additional improvements include new double-pane windows, new bathroom flooring, and brand-new flooring throughout, including carpet and kitchen laminate. Both units feature new granite countertops and upgraded fixtures. An 8x8 Tuff Shed provides additional on-site storage.

Listed by Dalton Plummer — Sierra Nevada Properties-Reno

Listing Details

Status Active
MLS # 260001109
Days on Market 125

Property History

Jan 31, 2026
Listed for sale
$625,000
Property Overview
Beds 4
Lot Size 0.14 acres
Stories 1
Year Built 1953
Property Type Duplex
STR Jurisdiction Washoe County
APN 031-264-02
Parking
Parking Features Varies by Unit
Exterior & Lot
Exterior Features None
Lot Features Other
Construction Frame
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric
Cooling Electric
Financial
Annual Tax $1,008
Schools
Elementary School Smith
Middle School Sparks
High School Sparks
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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
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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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