1218 Junction Drive, Sparks, NV

$420,000

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2

Beds

2

Baths

1,155

Square feet

0.15

Acres

About 1218 Junction Drive

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.

Features of 1218 Junction Drive

MLS® # 250052194
Price $420,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,155
Acres 0.15
Year Built 1980
Type Residential
Sub-Type Townhouse
Status Active

Community Information

Address 1218 Junction Drive
Area 89434
City Sparks
County Washoe
State NV
Zip Code 89434

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Spaces 2
Parking Attached, Garage, Garage Door Opener
# of Garages 2
Has Pool No
Pool None

Interior

Interior Features Ceiling Fan(s), Vaulted Ceiling(s), Primary Downstairs
Appliances Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Cooktop
Heating Forced Air
Cooling Evaporative Cooling
Fireplace Yes
Fireplaces Gas, Living Room
# of Stories 1

Exterior

Exterior Features None
Lot Description Adjoins Street
Windows Blinds, Double Pane Windows
Roof Composition, Shingle
Construction HardiPlank Type, Wood Siding
Foundation Crawl Space

School Information

Elementary Moss
Middle Mendive
High Reed

Additional Information

Date Listed June 27th, 2025
Days on Market 123
Zoning SF-6/PUD
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAddress Income

Listing Map

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