$116,000 Active
1945 4th Street #48
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

Priced to Sell - Don't Miss This Opportunity! Discover this charming 2-bedroom, 1-bath apartment with a 1-car garage, an additional Air Conditioning unit and ceiling fans for additional comfort. Ideally situated in a quiet and desirable location and nestled within a beautifully maintained 55+ co-op community, this home offers both comfort and convenience. Enjoy access to inviting common areas—perfect for relaxing or enjoying a good book—as well as easy, convenient parking. The property is located close to schools, shopping, and just a few blocks from Pyramid Highway, providing quick access to local festivals, concerts, and everything the area has to offer. This is a wonderful opportunity to enjoy low-maintenance living in a welcoming community. Schedule your showing today!

Listed by Gustavo Torres — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260004406
Days on Market 33
Price/Sq Ft $123

Property History

Apr 13, 2026
Listed for sale
$116,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 940
Stories 1
Year Built 1960
Property Type StockCooperative
APN 028-310-07
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Trees/Woods
Construction Asbestos, Brick
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Financial
HOA Fee $600 / Monthly
HOA / Community Greenbrae Co-Op
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
HOA & Community
Community Amenities Landscaping
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

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% ($23,200)
Home price
$116,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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