$135,000
Active
1940 4th Street #46
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
940
Sq Ft
About This Property
Well maintained unit in a quiet and peaceful 55+ Co-Op community. Centrally located in Sparks close to shopping, restaurants, the freeway and the bus stop adjoins the property. Mature landscaping in the enclosed front courtyard and the unit includes a detached garage with extra storage. Kitchen has updated cabinets, tile counters and a newer dishwasher. The monthly HOA fee includes water, sewer, taxes, building insurance, exterior and some interior maintenance.
Listed by Douglas McPartland — Mission Realty NV, LLC
Listing Details
Status
Active
MLS #
260001375
Days on Market
90
Price/Sq Ft
$144
Property History
Feb 06, 2026
Listed for sale
$135,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
940
Lot Size
3.51 acres
Stories
2
Year Built
1960
Property Type
Condominium
APN
028-321-01
Parking
Garage Spaces
1
Total Parking
2
Parking Features
Alley Access, Detached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Common Area, Level, Sprinklers In Front
Construction
Masonite
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air, Wall/Window Unit(s)
Financial
Annual Tax
$26,544
HOA Fee
$450 / Monthly
HOA / Community
Lynnwood Arms Co Op
Schools
Elementary School
Greenbrae
Middle School
Dilworth
High School
Sparks
HOA & Community
Community Amenities
Landscaping
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($27,000)
Home price
$135,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
