Extensive remodel of a beautiful historic building located near Victorian Square. Current 7 percent plus cap rate for this property. All three upstairs 1 bed/1 bath units, and the large 4 bed / 2 bath downstairs unit have been fully remodeled. All four units are rented on month-to-month leases for maximum flexibility for new new owner, but tenants would like to stay long term. This property is an exceptional investment.
Active
$995,000
401 6th St, Sparks, NV 89431
7beds
5baths
3,500sqft
Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$284/sqft
$-- HOA
What's special
- 100 days |
- 485 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Brian Gonsalves B.1002126 530-386-6845,
West River Real Estate
Source: NNRMLS,MLS#: 260003489
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Oven, Gas Range, Refrigerator
- Laundry: In Unit
Features
- Flooring: Varies, Wood
- Windows: Varies
- Has fireplace: No
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Parking features: Alley Access, Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Front Yard
Lot
- Size: 6,098 Square Feet
- Features: Landscaped
Details
- Additional structures: Other
- Parcel number: 03324604
- Zoning: MUD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: O'Sullivan Addition
Location
- Region: Sparks
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $260,126
- Annual tax amount: $2,125
- Date on market: 3/26/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$2,931/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $995,000+4.7%$284/sqft |
Source:  NNRMLS #260003489 Report a problem | ||
| 7/30/2024 | Listing removed | -- |
Source: NNRMLS #230012829 Report a problem | ||
| 7/23/2024 | Price change | $950,000-4.5%$271/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 6/3/2024 | Price change | $995,000-5.2%$284/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 5/15/2024 | Price change | $1,050,000-4.5%$300/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 4/8/2024 | Price change | $1,100,000-8.3%$314/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 11/29/2023 | Listed for sale | $1,200,000$343/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 11/16/2023 | Pending sale | $1,200,000$343/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 11/4/2023 | Listed for sale | $1,200,000+128.6%$343/sqft |
Source: NNRMLS #230012829 Report a problem | ||
| 6/28/2023 | Sold | $525,000-19.1%$150/sqft |
Source: Public Record Report a problem | ||
| 4/28/2023 | Pending sale | $649,000$185/sqft |
Source: NNRMLS #220015929 Report a problem | ||
| 11/4/2022 | Listed for sale | $649,000+255.6%$185/sqft |
Source: NNRMLS #220015929 Report a problem | ||
| 4/26/1996 | Sold | $182,500$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,126 +7.9% | $91,044 +0.5% |
| 2025 | $1,969 +3% | $90,589 +3.6% |
| 2024 | $1,913 +7.8% | $87,425 +5.3% |
| 2023 | $1,774 +8.1% | $83,013 +24.2% |
| 2022 | $1,642 +6.5% | $66,820 +5.2% |
| 2021 | $1,542 +5% | $63,545 +13.2% |
| 2020 | $1,469 -4.8% | $56,133 |
| 2019 | $1,542 +5% | $56,133 +7.4% |
| 2018 | $1,469 +11.8% | $52,289 +2.2% |
| 2017 | $1,313 | $51,177 +10.4% |
| 2016 | $1,313 | $46,344 +11.5% |
| 2015 | $1,313 +3.3% | $41,554 +12.9% |
| 2014 | $1,272 | $36,810 +8.5% |
| 2013 | $1,272 | $33,938 |
| 2012 | -- | $33,938 +1.3% |
| 2011 | -- | $33,489 -3.2% |
| 2010 | -- | $34,593 -30.7% |
| 2009 | -- | $49,924 -14.1% |
| 2008 | -- | $58,129 |
| 2007 | -- | $58,129 +9.4% |
| 2006 | -- | $53,116 +51.5% |
| 2005 | -- | $35,051 +8.2% |
| 2004 | -- | $32,390 -0.8% |
| 2003 | -- | $32,635 +0.5% |
| 2002 | -- | $32,484 +4% |
| 2001 | -- | $31,237 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 89431
Nearby schools
GreatSchools rating
- 2/10Lincoln Park Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10George L Dilworth Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Sparks High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Lincoln Park
- Middle: Dilworth
- High: Sparks
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Washoe County
- Sparks
- 89431
- 401 6th St
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