737 16th ST Sparks, NV 89431

Fully permitted triplex with a newer roof, exterior paint, and interior renovations!

Featuring a standalone 2-bed, 2-bath house in the back built in 1988 with 1,002 sq. ft., a private backyard, ample parking, in-unit laundry, and a storage shed.

On the same lot, there's a permitted duplex in the front of the parcel — each unit offering 2 bedrooms, 1 bath, and 1,037 sq. ft. apiece, also with ample parking and in-unit laundry.

Two units have been recently renovated with new flooring, paint, countertops, and more.

The top duplex unit has been recently painted and is currently rented at 1,700/month.

The back standalone 2 bed 2 bath house was recently rented for 2,000 per month.

With multiple inquiries at 1,700 per month for the bottom duplex unit, this property pencils at a 6 cap at the asking price!

Recent upgrades include a newer roof, fresh exterior paint, interior paint, and ongoing interior improvements — making this a turnkey opportunity with strong cash flow and long-term equity growth, in a very desirable rental area.

Only 25 minutes from the Tesla Gigafactory and Semi Truck factory!

Reach out to listing agent for full cash flow analysis breakdown.