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.
Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.
Current real estate data for Single Family in Sparks as of Aug 03, 2025
343
Single Family Listed
67
Avg DOM
304
Avg $ / SqFt
$659,810
Avg List Price
Property Details
Price:
$450,000
MLS #:
250052193
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Shadow Glen Estates 1
Listed Date:
Jun 27, 2025
Finished Sq Ft:
1,321
Total Sq Ft:
1,321
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1977
Schools
Elementary School:
Juniper
Middle School:
Mendive
High School:
Reed
Interior
Appliances
Dishwasher, Electric Cooktop, Electric Range, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Varies
Heating
Fireplace(s), Forced Air
Laundry Features
In Hall, In Unit
Exterior
Construction Materials
Hardi Plank Type, Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
Attached, Garage, Garage Door Opener
Parking Spots
2
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial
Taxes
$1,736
Map
Contact Us
Mortgage Calculator
Community
- Address1069 Palmwood Drive Sparks NV
- SubdivisionShadow Glen Estates 1
- CitySparks
- CountyWashoe
- Zip Code89434
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Property Summary
- Located in the Shadow Glen Estates 1 subdivision, 1069 Palmwood Drive Sparks NV is a Single Family for sale in Sparks, NV, 89434. It is listed for $450,000 and features 3 beds, 2 baths, and has approximately 1,321 square feet of living space, and was originally constructed in 1977. The current price per square foot is $341. The average price per square foot for Single Family listings in Sparks is $304. The average listing price for Single Family in Sparks is $659,810. To schedule a showing of MLS#250052193 at 1069 Palmwood Drive in Sparks, NV, contact your Compass agent at 530-541-2465.
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Similar Listings Nearby
Courtesy of Address Income. 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 Compass include the name of the listing broker. Neither the listing company nor Compass 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 2025. Northern Nevada Regional MLS. All rights reserved. 1069 Palmwood Drive
Sparks, NV
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