$118,000 Active
1945 4th Street #3
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
·
945 Sq Ft

About This Property

Enjoy a simpler, more relaxed lifestyle in this inviting bottom corner unit located in a welcoming 55+ co-op community. Surrounded by mature trees and beautifully maintained landscaping, the setting offers a peaceful, park-like atmosphere ideal for those looking to downsize without sacrificing comfort. Inside, the home features thoughtful conveniences throughout: 3 WALL MOUNTED ROKU TVs ON SWIVEL STANDS FOR FLEXIBLE VIEWING, AND A REVERSE OSMOSIS DRINKING WATER FILTER SYSTEM PAIRED WITH ON-DEMAND HOT WATER FOR EVERYDAY CONVENIENCE. The kitchen offers versatility with the option for induction or electric cooking to fit your lifestyle. The unit's location provides added convenience with easy access to the alley and a nearby garage, featuring a newer garage door opener with battery backup so a power outage won't leave you locked out. SELLER IS HIGHLY MOTIVATED AND OPEN TO OFFERS. Cash purchase only. Buyer must be approved by the co-op association board. Owner-occupied community. Buyer and buyer's agent to verify all information.

Listed by Tiffany Perkins — Hello Real Estate Center

Listing Details

Status Active
MLS # 260005539
Days on Market 6
Price/Sq Ft $125

Property History

May 04, 2026
Listed for sale
$118,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 945
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 None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Peek, Trees/Woods
Construction Asbestos
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Financial
HOA Fee $600 / Monthly
HOA / Community First Greenbrae Co-op
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
HOA & Community
Community Amenities Landscaping, Management
📊

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% ($23,600)
Home price
$118,000
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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