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.
Active
$450,000
1069 Palmwood Dr, Sparks, NV 89434
3beds
1,321sqft
Est.:
Single Family Residence
Built in 1977
6,534 Square Feet Lot
$-- Zestimate®
$341/sqft
$-- HOA
What's special
Freshly painted exterior
- 44 days
- on Zillow |
- 724 |
- 40 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 28, 2025 at 02:35pm
Listed by:
Jake Andronico S.200197 415-233-1796,
Address Income,
Trevor Richardson B.1002905 775-233-0754,
Address Income
Source: NNRMLS,MLS#: 250052193

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Fireplace(s), Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Range, Washer
- Laundry: In Hall, In Unit
Features
- Ceiling Fan(s)
- Flooring: Varies
- Windows: Blinds, Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,321
- Total interior livable area: 1,321 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Full
Lot
- Size: 6,534 Square Feet
Details
- Additional structures: None
- Parcel number: 03629509
- Zoning: SF-6
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Siding
- Foundation: Crawl Space
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, Water Meter Installed
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Shadow Glen Estates 1
HOA
- Has HOA: No
Location
- Region: Sparks
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $169,069
- Annual tax amount: $1,735
- Date on market: 6/27/2025
- Listing terms: 1031 Exchange,Cash,Conventional
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