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737 16th Street, 
Sparks, NV 89431

$820,000


Bed


Bath


3,074

Sq Ft


Multi-Family

Active

Listed by

Jake Andronico

Trevor Richardson

Address Income

775-233-0754

Last updated:

September 3, 2025, 07:53 PM

MLS#

250054980

Source:

NV NNRMLS

About This Home

737 16th Street

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.

Home Facts

Multi-Family

Built in 1938

Price Summary

820,000

$266 per Sq. Ft.

MLS #:

250054980

Last Updated:

September 3, 2025, 07:53 PM

Added:

14 day(s) ago


Rooms & Interior

Interior

Living Area:

3,074 Sq. Ft.


Structure

Structure

Building Area:

3,074 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$820,000

Price per Sq. Ft:

$266 per Sq. Ft.

Source:NV NNRMLS
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