ActivePrice cut: $15K (7/7)
$725,000
7beds
3baths
2,477sqft
947 I St, Sparks, NV 89431
7beds
3baths
2,477sqft
Multi family
Built in 1960
Varies by unit
$293 price/sqft
What's special
Generous yard spacePrivate fenced yardNew interior paintNew dishwasherNew stove
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 ...
- 12 days |
- 510 |
- 12 |
Source: NNRMLS,MLS#: 260008160
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Listed by:
Kathryn Courtney S.168915 775-225-6961,
LPT Realty, LLC
Source: NNRMLS,MLS#: 260008160
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: In Hall, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl
- Windows: Double Pane Windows, Vinyl Frames, Window Coverings
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,477
- Total interior livable area: 2,477 sqft
Video & virtual tour
Property
Parking
- Parking features: Varies by Unit
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 9,147.6 Square Feet
- Features: Other
Details
- Additional structures: None
- Parcel number: 03123237
- Zoning: MUD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Frame, HardiPlank Type
- Foundation: Slab, Crawl Space
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected, Water Meter Installed
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Prater Addition To Sparks
Location
- Region: Sparks
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $203,187
- Annual tax amount: $2,403
- Date on market: 6/25/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: Water, Gas, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $725,000-2%$293/sqft |
Source:  NNRMLS #260008160 Report a problem | ||
| 6/25/2026 | Listed for sale | $740,000+119.8%$299/sqft |
Source: NNRMLS #260008160 Report a problem | ||
| 10/5/2018 | Sold | $336,700-3.8%$136/sqft |
Source: Public Record Report a problem | ||
| 9/18/2018 | Pending sale | $349,900$141/sqft |
Source: RE/MAX Professionals #180014036 Report a problem | ||
| 9/18/2018 | Listed for sale | $349,900+45.8%$141/sqft |
Source: RE/MAX Professionals #180014036 Report a problem | ||
| 3/19/2018 | Sold | $240,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,404 -11.1% | $71,115 -0.7% |
| 2025 | $2,704 +97.8% | $71,638 +5.5% |
| 2024 | $1,367 +8% | $67,915 +2.4% |
| 2023 | $1,266 +7.9% | $66,313 +20.6% |
| 2022 | $1,173 +6.4% | $54,998 +18.3% |
| 2021 | $1,103 +4.7% | $46,498 |
| 2020 | $1,053 -4.5% | -- |
| 2019 | $1,103 +4.7% | $42,427 +23.8% |
| 2018 | $1,053 +11.5% | $34,267 +3.3% |
| 2017 | $945 | $33,163 +8.8% |
| 2016 | $945 | $30,471 +13% |
| 2015 | $945 +3.7% | $26,958 +6.8% |
| 2014 | $911 | $25,247 +4.4% |
| 2013 | $911 | $24,185 |
| 2012 | -- | $24,185 -0.8% |
| 2011 | -- | $24,387 +0.9% |
| 2010 | -- | $24,180 -47.9% |
| 2008 | -- | $46,452 |
| 2007 | -- | $46,452 +9.7% |
| 2006 | -- | $42,343 +20.8% |
| 2005 | -- | $35,058 -0.1% |
| 2004 | -- | $35,100 -0.8% |
| 2003 | -- | $35,397 +0.5% |
| 2002 | -- | $35,214 |
| 2001 | -- | $35,214 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,884/mo
Principal & interest
$3618
Property taxes
$266
Estimated market value
$708,500
$673,000 - $744,000
$1,751/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 89431
Nearby schools
Robert Mitchell Elementary School
Grades PK-5 • 0.3 miles4/10
GreatSchools® Rating
Test Score Rating
3/10Academic Progress Rating
5/10Sparks Middle School
Grades 6-8 • 1 miles2/10
GreatSchools® Rating
Test Score Rating
1/10Academic Progress Rating
2/10Sparks High School
Grades 9-12 • 0.3 miles2/10
GreatSchools® Rating
College Readiness Rating
2/10- Nevada
- Washoe County
- Sparks
- 89431
- 947 I St