Skip To Content

737 16th Street

Sparks, NV 89431
  • $783,400
  • STATUS: Closed
  • ON SITE: 377 Days
  • MLS #: 250054980
Sold - 10/09/2025
$783,400
SOLD - 10/09/2025
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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 | 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: 2026-09-04T13:19:43.773.
www.nevada.properties/homes/167262666
Print Image

737 16th Street Sparks, NV 89431

  • Price: $820,000
  • Status: Closed
  • On Site: 377 Days
  • Updated: 23 min ago
  • MLS #: 250054980
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1938
Built
Neighborhood:
89431
County:
Washoe
Area:
89431
Elementary School:
Mitchell
Middle School:
Sparks
High School:
Sparks
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials HardiPlank TypeWood Siding Exterior Features Rain Gutters Foundation Details Slab Parking Features Alley AccessCommonVaries by Unit Patio Yes Patio And Porch Features Patio Pool Features None Roof AsphaltShingle Spa Features None Window Features BlindsDouble Pane WindowsSingle Pane WindowsVaries

Interior Features

Accessibility Features [] Appliances DishwasherDisposalDryerElectric OvenMicrowaveWasher Building Area Total 3074 Common Walls [] Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury VinylVariesVinylWood Heating Forced Air Heating YN Yes Interior Features [] Laundry Features In Kitchen Levels One Unit1 Baths Total 1 Unit2 Baths Total 1 Unit3 Baths Total 2 Units Furnished None

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 Level Other Equipment [] Other Structures Shed(s) Owner Pays [] Property Sub Type Triplex Road Frontage Type [] Road Responsibility [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 2227.31 Tenant Pays See Remarks Unit Type Type [] Unit1 Actual Rent 1700 Unit1 Unit Type 2 Bedroom Unit2 Unit Type 2 Bedroom Unit3 Actual Rent 2000 Unit3 Unit Type 2 Bedroom Utilities Electricity ConnectedInternet AvailableNatural Gas ConnectedSewer ConnectedWater ConnectedCellular Coverage Water Source Public Waterfront Features [] Zoning MUD

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 | 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: 2026-09-04T13:19:43.773.
 
https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250054980-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250054980-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250054980-2.jpg
Logo
Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523