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    Sparks, NV Multifamily Properties for Sale

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    Reno, NV Sun Valley, NV Spanish Springs, NV
    18 properties
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    Quadplex Property with Separate Duplex
    Updated: Aug 10
    Quadplex Property with Separate Duplex

    414 F Street, Sparks, NV 89431

    $1,580,000
    5,974 sqft 0.28 AC lot
    Six‑unit configuration with a fourplex and separate duplex on one parcel
    5,974 square feet on a 0.28‑acre parcel
    Fourplex built in 2018 with townhome‑style units
    In‑unit washers and dryers in all units
    Additional garage space plus assigned and alley parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    414 F Street, Sparks, NV 89431

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $74K
      Annual

    • Price @ 7% Cap

      $1.06M
      Suggested

    • Property Type

      Duplex
      Built 1960
    View Property Analytics
    Four-Unit Quadplex with Townhomes
    Updated: Aug 10
    Four-Unit Quadplex with Townhomes

    312 16th Street, Sparks, NV 89431

    $1,050,000
    3,768 sqft 0.17 AC lot
    Four rentable units: three apartments plus a separate home
    Three apartments with 2 bedrooms and 1.5 bathrooms each
    Separate home includes 2 bedrooms, 1 bathroom, basement, and fenced backyard
    3,768 square feet on a 0.17‑acre parcel
    Built in 1935 with frame construction and wood siding
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    Two-Home Duplex Property
    Two-Home Duplex Property

    947 I Street, Sparks, NV 89431

    $675,000
    2,477 sqft 0.21 AC lot

    Two separate residences provide distinct outdoor areas, with one home occupied and the other recently refreshed for leasing.

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    Single-Level Duplex with Garages
    Single-Level Duplex with Garages

    1590 York, Sparks, NV 89431

    $625,000
    2,170 sqft

    Two separately configured units include private outdoor areas and attached one-car garages.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Private Yards
    Duplex with Private Yards

    1590 York Way, Sparks, NV 89431

    $625,000
    2,170 sqft 0.18 AC lot

    Two residences offer practical layouts, individual garages, and fenced outdoor areas.

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    Duplex With Separate Living Units
    Duplex With Separate Living Units

    526 7th Street, Sparks, NV 89431

    $365,000
    1,330 sqft 0.14 AC lot

    Two independent residences support flexible occupancy and rental use in Sparks.

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    Triplex with Assigned Parking
    Triplex with Assigned Parking

    1746 A Street, Sparks, NV 89431

    $490,000
    1,428 sqft 0.11 AC lot

    Three-unit income property with updated exterior elements, individual appliances, and public utilities.

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    Six-Unit Apartment Building with Garages
    Six-Unit Apartment Building with Garages

    414 F St, Sparks, NV 89431

    $1,580,000
    5,974 sqft

    Two residential structures combine townhome-style and duplex layouts with in-unit laundry and additional garage space.

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    Triplex with Updated Units
    Triplex with Updated Units

    1018 E Street lot: 1018, 1016, 1018-1/2 E Street, Sparks, NV 89431

    $699,900
    2,144 sqft 0.11 AC lot

    Three occupied residences with assigned parking and public water and sewer service.

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    Four-Unit Townhome-Style Quadplex
    Four-Unit Townhome-Style Quadplex

    312 16TH, Sparks, NV 89431

    $1,050,000
    3,768 sqft

    Three townhome-style apartments and a separate home provide four rentable units with dedicated parking areas.

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    Multifamily Property with Updated Exterior
    Multifamily Property with Updated Exterior

    1746 A St, Sparks, NV 89431

    $490,000
    1,428 sqft

    Income-producing multifamily property with refreshed exterior finishes, upgraded windows, and varied unit improvements.

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    Two-Unit Duplex
    Two-Unit Duplex

    526 7th St, Sparks, NV 89431

    $365,000
    1,330 sqft

    Two separate living spaces support flexible occupancy arrangements in a central Sparks setting.

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    Two-Unit Duplex
    Two-Unit Duplex

    2101 LOGAN WAY, Sparks, NV 89431

    Contact for pricing
    2,384 sqft

    Income-producing residential property with MF-2 zoning and a two-unit configuration.

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    Five-Unit Income Property
    Five-Unit Income Property

    429 10th Street, Sparks, NV 89431

    Contact for pricing
    4,009 sqft 0.16 AC lot

    Five well-maintained units across a 1907 duplex and a 1982 triplex, with in-unit laundry and recent roof and exterior updates.

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    Two-Building Apartment Property
    Two-Building Apartment Property

    690 Field St, Sparks, NV 89431

    Contact for pricing

    Two-building multifamily with 10 units, including on-site parking, private patios or fenced yards, and in-unit dishwashers.

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    6-Unit Multifamily Property
    6-Unit Multifamily Property

    2045 H St, Sparks, NV 89431

    Contact for pricing

    Renovated in 2026 with access to retail, transit, dining, and recreation.

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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    2549 E St, Sparks, NV 89431

    Contact for pricing

    Single-level units include private yards and in-unit laundry.

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    39-Unit Apartment Building
    39-Unit Apartment Building

    1800 Prater Way, Sparks, NV 89431

    Contact for pricing

    Recently upgraded multifamily property with renovated building systems and select interior improvements.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Sparks, NV, we suggest to view alternatives - similar 21 Off-Market properties to explore as potential leads.

    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.

    401 Cyn Way
    MOBILE HOME PARK, TRAILER PARK

    401 Cyn Way, Sparks, NV 89434-9556

    $185,000
    Estimated value
    17.95 AC lot
    View details
    6560 Pyramid Way
    MOBILE HOME PARK, TRAILER PARK

    6560 Pyramid Way, Sparks, NV 89436-9645

    $4,200,000
    Estimated value
    7.26 AC lot
    View details
    105 Jacqueline Way
    MOBILE HOME PARK, TRAILER PARK

    105 Jacqueline Way, Sparks, NV 89431-0929

    $1,245,000
    Estimated value
    2.25 AC lot
    View details
    695 Greg St
    MOBILE HOME PARK, TRAILER PARK

    695 Greg St, Sparks, NV 89431-7156

    $5,400,000
    Estimated value
    1,512 sqft 6.60 AC lot
    View details
    501 El Rancho Dr
    MOBILE HOME PARK, TRAILER PARK

    501 El Rancho Dr, Sparks, NV 89431-4176

    $395,000
    Estimated value
    7.25 AC lot
    View details
    6550 Pyramid Way
    MOBILE HOME PARK, TRAILER PARK

    6550 Pyramid Way, Sparks, NV 89436-9635

    $500,000
    Estimated value
    14.82 AC lot
    View details

    Sparks, NV Multifamily Properties Market Trends and Statistics

    Explore 39 multifamily properties for sale in Sparks, NV, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 40,354 square feet of properties for sale, with an estimated market value of $9,594,900.

    Sale prices for multifamily properties in Sparks, NV start at $365,000, averaging $799,575, and reaching up to $1,580,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 8
    Apartment buildings 3
    Quadplexes 3
    Triplexes 3

    Demographics Overview

    Population 131K
    Population Growth (5Y) +9.0%
    Median Household Income $93,001
    College Educated 21.4%

    High-Yield Neighborhoods for Investment

    Identify Sparks submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    89431 $283.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $41.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washoe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washoe County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Sparks fall within the 100,000+ square foot range.

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    Browse Multifamily properties for Sale Near Sparks, NV

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    Most Searched ZIP Codes in Sparks, NV

    • 89431

    Featured Sparks Real Estate Agencies

    Realmo connects you with licensed Sparks CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ferrari-Lund Real Estate
    4990 Vista Blvd. Sparks, NV 89436
    Phone: 17756857788
    www.ferrari-lund.com
    Keller Williams Realty Sparks
    155 Disc Drive #103 Sparks, NV 89436
    Phone: 17753363800
    www.KWSparks.com

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