947 I Street | MLS #260008160

New

Listing provided courtesy of LPT Realty, LLCMLS# 260008160

Investment opportunity with a solid six percent cap rate. The property includes two separate homes on one parcel. The rear home is occupied by a long-term month-to-month tenant, providing immediate income. The front home is vacant, allowing the new owner to lease it at current market rent.The front home has been refreshed with new interior paint, a new stove, and a new dishwasher. It is move-in ready and includes a private fenced yard. The rear home also has generous yard space.Conveniently located in Sparks with a long history of strong occupancy and consistent rental demand. A straightforward investment offering current income, room for rental growth, and separate outdoor space for each residence.

Source: Northern Nevada Regional MLS, MLS#: 260008160

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Property Type

Residential Income
Lot

0.21 acres

Get in Contact

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Gina Winder
Real Estate Professional
Carson City Office
Mobile Phone 775-720-0489

Median Age

36
Population Density

4,070
College Educated

19%
Estimated Median Income

$50,233
Estimated Total Home Owners

6,693
Estimated Total Renters

8,629
Owner / Renter Divide

44% / 56%
Estimated Average Household Size

3
Total Population

39,415
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 947 I Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/25/2026Source: Northern Nevada Regional MLS	Added to Database	June 25, 2026