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1720 H Street

Sparks, NV 89431
  • $525,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 260000836
UPDATED: 78 min ago
$525,000
  • 2
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.

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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 | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-04-18T23:19:35.477.
www.nevada.properties/homes/172429406
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1720 H Street Sparks, NV 89431

  • Price: $525,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 78 min ago
  • MLS #: 260000836
2
Beds
0
Baths
0
½ Baths
0.14
Acres
1963
Built
Neighborhood:
89431
County:
Washoe
Area:
89431
Elementary School:
Smith
Middle School:
Sparks
High School:
Sparks
Property Description
This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.
Exterior Features

Attached Garage YN No Construction Materials FrameWood Siding Exterior Features None Foundation Details Crawl Space Parking Features CommonRV Access/ParkingNone Patio And Porch Features [] Pool Features None Roof CompositionShingle Spa Features None Window Features Double Pane WindowsLow-Emissivity WindowsVinyl Frames

Interior Features

Accessibility Features [] Appliances OvenDisposalDryerGas RangeRefrigeratorWasher Building Area Total 900 Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLaminateLuxury Vinyl Heating Natural Gas Heating YN Yes Interior Features [] Laundry Features In Unit Levels One Unit1 Baths Total 1 Unit2 Baths Total 1 Units Furnished Varies By Unit

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN No Fencing Partial Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventionalFHAVA Loan Lot Features LandscapedLevel Other Equipment [] Other Structures Storage Owner Pays Trash CollectionSewer Parking Total 8 Property Sub Type Duplex Road Frontage Type Other Road Responsibility Public Maintained Road Security Features Security GateSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1438.55 Tenant Pays InternetElectricity Unit Type Type [] Unit1 Actual Rent 1500 Unit1 Unit Type 1 Bedroom Unit2 Actual Rent 1400 Unit2 Unit Type 1 Bedroom Utilities Electricity AvailableInternet AvailableNatural Gas AvailableSewer AvailableWater AvailableWater Meter Installed Water Source Public Waterfront Features [] Zoning MUD

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Sierra Sotheby's International: .

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 | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-04-18T23:19:35.477.
 
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Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523