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    • $783,400

    737 16th St, Sparks, NV 89431

    --beds
    0baths
    3,074sqft
    Triplex
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $255/sqft
    $1,840 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,840/mo

    Zestimate® history
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    What's special

    Ample parkingIn-unit laundryPrivate backyardInterior renovationsNew flooringNewer roofExterior paint
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Andronico S.200197 415-233-1796,

    Address Income,

    Trevor Richardson B.1002905 775-233-0754,

    Address Income

    Bought with:

    Wesley Pittman, B.1003065

    TrueNest Properties

    Source: NNRMLS,MLS#: 250054980MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Washer
    • Laundry: In Kitchen
    Features
    • Flooring: Luxury Vinyl, Varies, Vinyl, Wood
    • Windows: Blinds, Double Pane Windows, Single Pane Windows, Varies
    • Has fireplace: No
    Interior area
    • Total structure area: 3,074
    • Total interior livable area: 3,074 sqft

    Property

    Parking
    • Parking features: Alley Access, Common, Varies by Unit
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Partial
    Lot
    • Size: 6,098 Square Feet
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 03135108
    • Zoning: MUD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Newtown Tract
    Location
    • Region: Sparks

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $250,524
    • Annual tax amount: $2,227
    • Date on market: 8/23/2025
    • Cumulative days on market: 48 days
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Total actual rent: 5400
    • Tenant pays: See Remarks

    Price history

    DateEventPrice
    10/9/2025Sold$783,400-4.5%$255/sqft
    Source: NNRMLS #250054980 Report a problem
    9/11/2025Contingent$820,000$267/sqft
    Source: NNRMLS #250054980 Report a problem
    8/23/2025Listed for sale$820,000+23.3%$267/sqft
    Source: NNRMLS #250054980 Report a problem
    8/28/2024Sold$665,000-4.3%$216/sqft
    Source: NNRMLS #230008650 Report a problem
    7/29/2024Pending sale$695,000$226/sqft
    Source: NNRMLS #230008650 Report a problem
    6/14/2024Listed for sale$695,000$226/sqft
    Source: NNRMLS #230008650 Report a problem
    5/17/2024Pending sale$695,000$226/sqft
    Source: NNRMLS #230008650 Report a problem
    10/26/2023Price change$695,000-4.1%$226/sqft
    Source: NNRMLS #230008650 Report a problem
    7/31/2023Listed for sale$725,000+21.8%$236/sqft
    Source: NNRMLS #230008650 Report a problem
    3/24/2021Sold$595,000+3.5%$194/sqft
    Source: Public Record Report a problem
    2/11/2021Contingent$575,000$187/sqft
    Source: NNRMLS #210001588 Report a problem
    2/11/2021Pending sale$575,000$187/sqft
    Source: Realty One Group Eminence #210001588 Report a problem
    2/10/2021Listed for sale$575,000+94.9%$187/sqft
    Source: Realty One Group Eminence #210001588 Report a problem
    3/31/2017Sold$295,000+3.5%$96/sqft
    Source: Public Record Report a problem
    11/4/2004Sold$285,000+29%$93/sqft
    Source: Public Record Report a problem
    6/26/2002Sold$221,000$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$2,406 +8%$87,683 -0.3%
    2025$2,227 +7.9%$87,978 +3.2%
    2024$2,064 +7.9%$85,230 +3.3%
    2023$1,913 +6.3%$82,515 +24%
    2022$1,800 +5.5%$66,540 +7.4%
    2021$1,706 +4%$61,983
    2020$1,641 -3.8%--
    2019$1,706 +4%$55,934 +15.2%
    2018$1,641 +14.1%$48,547 +1.8%
    2017$1,438 $47,666 +6%
    2016$1,438 $44,973 +8.2%
    2015$1,438 +3.3%$41,554 +8%
    2014$1,392 $38,463 +5.1%
    2013$1,392 $36,592
    2012-- $36,592 -0.7%
    2011-- $36,853 -2%
    2010-- $37,607 -24.6%
    2009-- $49,859 -19.7%
    2007-- $62,062 +5.8%
    2006-- $58,649 +35.4%
    2005-- $43,318 -2.7%
    2004-- $44,513 -1%
    2003-- $44,964 +0.6%
    2002-- $44,686 +0.6%
    2001-- $44,418
    Find assessor info on the county website

    Neighborhood: 89431

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mitchell
    • Middle: Sparks
    • High: Sparks

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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