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.
Closed
$783,400
737 16th St, Sparks, NV 89431
--beds
0baths
3,074sqft
Triplex
Built in 1938
-- sqft lot
$-- Zestimate®
$255/sqft
$2,099 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,099/mo
Zestimate® history
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$4,471/mo
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List your homeWhat's special
Ample parkingIn-unit laundryPrivate backyardInterior renovationsNew flooringNewer roofExterior paint
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#: 250054980
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 sqft
- 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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Sparks
- Subdivision: Newtown Tract
HOA & financial
Other financial information
- Total actual rent: 5400
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Sold | $783,400-4.5%$255/sqft |
Source:  NNRMLS #250054980 Report a problem | ||
| 9/11/2025 | Contingent | $820,000$267/sqft |
Source: NNRMLS #250054980 Report a problem | ||
| 8/23/2025 | Listed for sale | $820,000+23.3%$267/sqft |
Source: NNRMLS #250054980 Report a problem | ||
| 8/28/2024 | Sold | $665,000-4.3%$216/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 7/29/2024 | Pending sale | $695,000$226/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 6/14/2024 | Listed for sale | $695,000$226/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 5/17/2024 | Pending sale | $695,000$226/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 10/26/2023 | Price change | $695,000-4.1%$226/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 7/31/2023 | Listed for sale | $725,000+21.8%$236/sqft |
Source: NNRMLS #230008650 Report a problem | ||
| 3/24/2021 | Sold | $595,000+3.5%$194/sqft |
Source: Public Record Report a problem | ||
| 2/11/2021 | Contingent | $575,000$187/sqft |
Source:  NNRMLS #210001588 Report a problem | ||
| 2/11/2021 | Pending sale | $575,000$187/sqft |
Source: Realty One Group Eminence #210001588 Report a problem | ||
| 2/10/2021 | Listed for sale | $575,000+94.9%$187/sqft |
Source: Realty One Group Eminence #210001588 Report a problem | ||
| 3/31/2017 | Sold | $295,000+3.5%$96/sqft |
Source: Public Record Report a problem | ||
| 11/4/2004 | Sold | $285,000+29%$93/sqft |
Source: Public Record Report a problem | ||
| 6/26/2002 | Sold | $221,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Robert Mitchell Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Sparks Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Sparks High SchoolGrades: 9-12Distance: 0.3 mi
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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- Nevada
- Washoe County
- Sparks
- 89431
- 737 16th St
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