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Sparks, NV Apartment Buildings for Sale

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Sparks Multifamily Investment Opportunity
$1,299,000
4,392 SF

Sparks Multifamily Investment Opportunity

1947 H Street, Sparks, NV 89431

Turnkey six-unit multifamily property near downtown Sparks, Nevada.

  • Turnkey, fully leased 6‑unit multifamily property generating $102,000 gross annual income and $81,422 net operating income.
  • Attractive 6.27% cap rate based on actuals, not pro forma, at the asking price.
  • Located near downtown Sparks in the highly sought‑after Reno market, offering long‑term redevelopment upside.
  • All units include in‑unit washer and dryer; most appliances are newer, with five units having dishwashers and four having built‑in microwaves.
  • Property is situated on two parcels totaling approximately 0.345 acres, providing development flexibility.
Updated: Feb 17
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Sparks NV Investment Property
$1,580,540
5,974 SF

Sparks NV Investment Property

414 F Street, Sparks, NV 89431

Well-maintained 6-unit investment property with strong rental performance.

  • Strong rental performance with a proven low vacancy history, ensuring consistent income stability.
  • Newer fourplex with townhome‑style units and a separate duplex on the same parcel.
  • All units feature comfortable floor plans and include in‑unit washers and dryers.
  • Additional garage space offers potential for supplemental rental income.
  • Conveniently located near major shopping, dining, and entertainment, including Legends Shopping Mall, with easy access to main roadways and everyday amenities.
Updated: Jan 23
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Sparks, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Multifamily Near Heavenly Village
$2,896,000
5,743 SF

New Multifamily Near Heavenly Village

New 5-unit multifamily property in South Lake Tahoe.

1057 Fern Road, South Lake Tahoe, CA 96150
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South Lake Tahoe Multifamily Property
$1,150,000
3,176 SF

South Lake Tahoe Multifamily Property

Seven-unit multifamily property in South Lake Tahoe near Stateline.

1036 Moss Rd, South Lake Tahoe, CA 96150
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Multifamily Investment Near Midtown Reno
$1,075,000
4,256 SF

Multifamily Investment Near Midtown Reno

Multifamily investment property featuring six spacious units near Midtown Reno.

1761 Stewart St, Reno, NV 89502
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Turnkey Multifamily Investment Opportunity
$1,450,000
6,816 SF

Turnkey Multifamily Investment Opportunity

Fully occupied 8-unit property with strong income and recent upgrades.

2151 Patton Drive, Reno, NV 89512
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity
Contact for pricing
0.31 Acres

Pahrump Land Investment Opportunity

Multi-family zoned land in growing Pahrump, near amenities.

2001 Casino Street, Pahrump, NV 89048
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Lancaster Corner Lot Investment Opportunity
$350,000
7,509.00 Acres

Lancaster Corner Lot Investment Opportunity

0.17-acre corner lot in Lancaster with development potential.

0 Newgrove Street, Lancaster, CA 93534
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Silver Lake Affordable Housing Development
$2,350,000
0.18 Acres

Silver Lake Affordable Housing Development

Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

1108 Manzanita St, Los Angeles, CA 90029
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Ready-to-Issue Affordable Housing Project
$1,800,000
0.26 Acres

Ready-to-Issue Affordable Housing Project

78-unit affordable housing project near Dodger Stadium and Mount Washington.

3526 Arroyo Seco Ave, Los Angeles, CA 90065
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Explore Off-Market Properties in Sparks, NV

Consider similar Off-Market properties in Sparks, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11440 Digital Ct

11440 Digital Ct

Multifamily properties • 564 SF
Value Estimation by Request
11440 Digital Ct, Sparks, NV 89441
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11440 Digital Ct

11440 Digital Ct

Multifamily properties • 504 SF
Value Estimation by Request
11440 Digital Ct, Sparks, NV 89441
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512 Pyramid Way

512 Pyramid Way

Multifamily properties • 1,760 SF
Value Estimation by Request
512 Pyramid Way, Sparks, NV 89431
View details
542 7Th St

542 7Th St

Multifamily properties • 9,114 SF
Value Estimation by Request
542 7Th St, Sparks, NV 89431
View details
11440 Digital Ct

11440 Digital Ct

Multifamily properties • 560 SF
Value Estimation by Request
11440 Digital Ct, Sparks, NV 89441
View details

Sparks, NV Apartment Buildings Investment Opportunities Market Analysis

Explore 7 apartment buildings for sale in Sparks, NV on our real estate platform. These investment opportunities span a total of 27,007 square feet of properties for sale, with an estimated market value of $2,879,540.

Sale prices for two-family homes in Sparks, NV start at $1,299,000, averaging $1,439,770, and reaching up to $1,580,540 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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