Excellent long-term investment opportunity to own four extremely well-maintained units in one of Sparks’ most walkable, in-demand neighborhoods. 1230 E Street includes a newly remodeled single-family home out front and a well-maintained two-story triplex behind it. The front home is a charming, meticulously maintained 1922 two-bedroom, one-bath residence with 925 square feet. It has been fully refreshed with a newly completed remodel. The 1980-built triplex is 2,328 square feet across three units: one two-bedroom, 1.5-bath unit and two one-bedroom, 1.5-bath units. Each unit on the property has in-unit laundry and forced-air heat. All units are fully occupied. The property sits in Victorian Square in the heart of downtown Sparks. Tenants can enjoy the movie theater, Great Basin Brewing, local restaurants and coffee shops, the Nugget Casino Resort, and the seasonal Sparks Hometowne Farmers Market. The square also hosts signature events like the Best in the West Nugget Rib Cook-off and Hot August Nights. Quick access to I-80 puts tenants minutes from downtown Reno, the Sparks Marina, and Reno-Tahoe International Airport. It’s also a straight shot east to the Tahoe Reno Industrial Center, home to Tesla’s Gigafactory, Panasonic, and many other major employers. That steady employment base keeps rental demand high.
Property Details
Price:
$985,000
MLS #:
260012185
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Prater Addition To Sparks
Listed Date:
Sep 22, 2026
Total Sq Ft:
3,253
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1980
Units:
4
See this Listing
Schools
Elementary School:
Mitchell
Middle School:
Sparks
High School:
Sparks
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Cooling
Evaporative Cooling, Wall/Window Unit(s), Varies By Unit
Flooring
Carpet, Laminate
Heating
Natural Gas
Laundry Features
In Unit
Levels
Two
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Fencing
Front Yard, Partial
Lot Features
Other
Other Structures
None
Parking Features
Alley Access, Assigned
Roof
Composition, Pitched, Shingle
Security Features
Smoke Detector(s)
Spa Features
None
Stories
2
Window Features
Double Pane Windows, Vinyl Frames
Financial
Taxes
$3,120
Map
Community
- Address1230 E Street Sparks NV
- SubdivisionPrater Addition To Sparks
- CitySparks
- CountyWashoe
- Zip Code89431
Market Summary
Current real estate data for Multi Family in Sparks as of Sep 25, 2026
8
Multi Family Listed
78
Avg DOM
$696,195
Avg List Price
Property Summary
- Located in the Prater Addition To Sparks subdivision, 1230 E Street Sparks NV is a Multi Family for sale in Sparks, NV, 89431. It is listed for $985,000
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Courtesy of Marmot Properties, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Northern Nevada Regional MLS. All rights reserved. 1230 E Street
Sparks, NV
