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$450,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,321 Sq. Ft.
  • 2 Car Garage
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This tenant-occupied rental delivers cash flow from day one-no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.

Full Property Details for 1069 Palmwood Dr

General

  • Price: $450,000
  • Taxes: $1,735
  • Status: Active
  • Type: Single Family
  • Source: 2502
  • MLS ID: 250052193
  • Updated: 6/28/2025
  • Added to Site: 202 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Washer
  • Flooring: Varies

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Hall, In Unit

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Location

  • County: Washoe
  • Subdivision: Shadow Glen Estates 1

School Information

  • Elementary School: Juniper
  • Middle School: Mendive
  • High School: Reed

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Fireplace(s), Forced Air

Utilities

  • Sewer: Private Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Water Meter Installed

Structural Information

  • Exterior Const.: HardiPlank Type, Wood Siding
  • Roof: Composition, Shingle
  • Common Walls: No Common Walls
  • Windows: Blinds, Double Pane Windows
  • Stories/Levels: 1
  • Building Size: 1321
  • Square Feet: 1,321
  • Living Area: 1,321 Sq. Ft.
  • Year Built: 1977

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,316.2
  • Frontage: City Street
  • Road Maintenance: Public Maintained Road
  • Zoning: SF-6
  • Fencing (Description): Full

Financial Considerations

  • Price Per Sq. Ft.: $340.65
  • Tax Amount: $1,735.76
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 036-295-09

Listed by Address Income, Jake Andronico (415) 233-1796 and Address Income, Trevor Richardson (775) 233-0754

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Listing agents

— 1069 Palmwood Dr —

  • Jake Andronico

    Address Income

  • Trevor Richardson

    Address Income

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1069 Palmwood Dr

School District:Washoe County School District
NameGradesDistance
Lena Juniper Elementary School
225 Queen Way, Sparks, NV 89431
K-51 mi
Lou Mendive Middle School
1900 Whitewood Drive, Sparks, NV 89434
6-81.2 mi
Edward C Reed High School
1350 Baring Boulevard, Sparks, NV 89434
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1069 Palmwood Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2025
Listed
$450,000
72.41%
MLS
3/14/2017
Sold
$261,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1069 Palmwood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,736
8%
$57,147
-2%
2023
$1,608
8%
$58,462
25%
2022
$1,490
8%
$46,643
11%
2021
$1,380
—
$42,043
1%
2021
$1,380
12%
$41,525
1%
2019
$1,235
5%
$41,258
18%
2018
$1,180
4%
$34,946
1%
2017
$1,133
3%
$34,627
2%
2016
$1,105
—
$33,965
5%
2015
$1,103
3%
$32,477
6%
2014
$1,071
—
$30,748
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Address Income, Jake Andronico (415) 233-1796 and Address Income, Trevor Richardson (775) 233-0754

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1069 Palmwood Drive, Sparks, NV 89434 (MLS# 250052193) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1069 Palmwood Drive is currently listed for $450,000 and was received on June 27, 2025. Want to learn more about 1069 Palmwood Drive? Do you have questions about finding other Single Family real estate for sale in Sparks? You can browse all Sparks real estate or contact a Coldwell Banker agent to request more information.

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