Skip To Content

1069 Palmwood Drive

Sparks, NV 89434
  • $450,000
  • STATUS: Active
  • ON SITE: 202 Days
  • MLS #: 250052193
UPDATED: 47 min ago
$450,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.

Monthly Payment Calculator

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-15T08:19:33.743.
www.nevada.properties/homes/165327271
Print Image

1069 Palmwood Drive Sparks, NV 89434

  • Price: $450,000
  • Status: Active
  • On Site: 202 Days
  • Updated: 47 min ago
  • MLS #: 250052193
3
Beds
2
Baths
0
½ Baths
0.15
Acres
1977
Built
Neighborhood:
89434
County:
Washoe
Area:
89434
Elementary School:
Juniper
Middle School:
Mendive
High School:
Reed
Property Description
This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.
Exterior Features

Attached Garage YN Yes Construction Materials HardiPlank TypeWood Siding Exterior Features None Foundation Details Crawl Space Garage YN Yes Parking Features AttachedGarageGarage Door Opener Patio Yes Patio And Porch Features Patio Pool Features None Roof CompositionShingle Spa Features None Window Features BlindsDouble Pane Windows

Interior Features

Accessibility Features [] Appliances DishwasherElectric CooktopElectric RangeWasher Bedroom Office Main Floor Yes Building Area Total 1321 Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Flooring Varies Heating Fireplace(s)Forced Air Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features In HallIn Unit Levels One Living Room Features Family Room Combination Yes Primary Bedroom Features Bathtub Yes Primary Bedroom Features Tub Shower Combinatio Yes

Property Features

Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing Full Green Energy Generation [] Horse YN No Listing Terms 1031 ExchangeCashConventional Lot Features [] Other Equipment [] Other Structures None Parking Total 2 Property Sub Type Single Family Residence Road Frontage Type City Street Road Responsibility Public Maintained Road Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Structure Type [] Tax Annual Amount 1735.76 Utilities Electricity ConnectedInternet AvailableNatural Gas ConnectedSewer ConnectedWater ConnectedWater Meter Installed View [] View YN No Water Rights Water Rights YN No Water Source Public Waterfront Features [] Waterfront YN No Within City Limits YN Yes Zoning SF-6

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Address Income: .

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-15T08:19:33.743.
 
https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_2_250052193-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_2_250052193-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_2_250052193-2.jpg
Logo
Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521