Tim Koskinen - Reno Real Estate Agent - 775-303- 2614
Reno Condo ManiaMLS: 250052194 $420,000
2 Bedrooms with 2 Baths1218 JUNCTION DRIVE
SPARKS NV 89434MLS: 250052194
Status: ACTIVE
List Price: $420,000
Price per SQFT: $364
Square Footage: 11552 Bedrooms
2 Baths
Year Built: 1980
Zip Code: 89434
Listing Remarks
This cash-flowing rental brings in 2,050/month with a solid tenant already in place. Investors are increasingly looking for homes like this—occupied, stabilized, and producing income on day one. It's a smart alternative to vacant listings and lease-up timelines. Features include 2 bedrooms, 2 bathrooms, 1,155 sqft, a newer roof, and fresh exterior paint. Lease active through July 1, 2026. 5 Cap on current, actual rents. Maintained with annual inspections, prompt maintenance, and verified rent history. Available individually or as part of a nearby three-home portfolio including 1069 Palmwood Dr and 1544 Woodhaven Ln, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for full financials.
Address: 1218 JUNCTION DRIVE SPARKS NV 89434
Listing Courtesy of ADDRESS INCOME
Condo Mania Agent
Tim Koskinen
Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse LISTING CONTRACT DATE: 2025-06-26 ON MARKET DATE: 2025-06-27 BEDROOMS: 2 BATHROOMS: 2 LIVING AREA SQ FT: 1155 LIVING AREA SOURCE: Assessor BUILDING AREA TOTAL: 1155 YEAR BUILT: 1980 TAXES: $1,484 APPLIANCES INCLUDED: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Cooktop CONSTRUCTION: HardiPlank Type, Wood Siding EXTERIOR FEATURES: None FIREPLACE: Gas, Living Room FLOORING: Tile HEATING: Forced Air COOLING: Evaporative Cooling INTERIOR FEATURES: Ceiling Fan(s), Vaulted Ceiling(s), Primary Downstairs LAUNDRY FEATURES: Laundry Room, Gas Dryer Hookup LOT FEATURES: Adjoins Street # GARAGE SPACES: 2 PARKING FEATURES: Attached, Garage, Garage Door Opener COMMON WALLS: 1 Common Wall, End Unit ROOF: Composition, Shingle LISTING AGENT: JAKE ANDRONICO LISTING OFFICE: ADDRESS INCOME LISTING CONTACT: 415-233-1796
Estimated Monthly Payments
List Price: $420,000 20% Down Payment: $84,000 Loan Amount: $336,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $2,124 Estimate does not include taxes, fees, insurance.
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Property Location: 1218 JUNCTION DRIVE SPARKS NV 89434
This Listing
Active Listings Nearby
Condo Mania Agent
Emily Weyrick
Reno-Tahoe Realty Group
#BS.144645
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Last Updated: 2025-10-21
