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$525,000
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Property Description
This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.
Full Property Details
Full Property Details for 1720 H St
General
- Price: $525,000
- Taxes: $1,438
- Status: Active
- Type: Duplex
- Source: 2502
- MLS ID: 260000836
- Updated: 2/20/2026
- Added to Site: 28 day(s) ago
Interior
- Appliances: Oven, Disposal, Dryer, Gas Range, Refrigerator, Washer
- Flooring: Carpet, Laminate, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: None
Parking
- Total Spaces: 8
- Parking Features: Common, RV Access/Parking, None
Location
- County: Washoe
- Subdivision: Newtown Tract
- Cross Streets: -
- Driving Directions: -
School Information
- Elementary School: Smith
- Middle School: Sparks
- High School: Sparks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
Structural Information
- # Buildings: 1
- Exterior Const.: Frame, Wood Siding
- Roof: Composition, Shingle
- Windows: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
- Stories/Levels: 1
- Building Size: 900
- Year Built: 1963
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,011
- Frontage: Other
- Road Maintenance: Public Maintained Road
- Lot Features: Landscaped, Level
- Zoning: MUD
- Fencing (Description): Partial
Financial Considerations
- Price Per Sq. Ft.: $583.33
- Tax Amount: $1,438.55
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
- Owner Pays: Trash Collection, Sewer
- Tenant Pays: Internet, Electricity
Disclosures and Reports
- APN: 031-194-10
Listed by Sierra Sotheby's Intl. Realty, Henry Abts V
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Schools
Schools serving 1720 H St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Kate M Smith Elementary School 1925 F Street, Sparks, NV 89431 | K-5 | 0.3 mi |
Sparks Middle School 2275 18th Street, Sparks, NV 89431 | 6-8 | 0.8 mi |
Sparks High School 820 15th Street, Sparks, NV 89431 | 9-12 | 0.3 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 1720 H St
Date
Details
Price
Change
Source
1/23/2026
Listed
$525,000
—
MLS
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
Tax History for 1720 H St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$824
-43%
$54,114
9%
2024
$1,439
116%
$49,864
2%
2023
$666
3%
$48,901
19%
2022
$648
8%
$40,991
23%
2021
$601
—
$33,345
-2%
2021
$601
12%
$34,130
14%
2019
$536
5%
$29,955
34%
2018
$511
3%
$22,359
7%
2017
$498
2%
$20,985
16%
2016
$488
—
$18,160
21%
2015
$488
3%
$15,019
11%
2014
$474
—
$13,515
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1720 H St
1720 H Street, Sparks, NV 89431 (MLS# 260000836) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1720 H Street is currently listed for $525,000 and was received on January 23, 2026. Want to learn more about 1720 H Street? Do you have questions about finding other Duplex real estate for sale in Sparks? You can browse all Sparks real estate or contact a Coldwell Banker agent to request more information.

