$133,000 Active
1940 4th Street #20
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
Virtual Tour

About This Property

Enjoy easy, comfortable living in this top-floor end unit located in a friendly and well-kept 55+ co-op community (age 50+ may qualify). Brand-new carpet adds a fresh touch, while plantation shutters in the living and dining areas bring warmth and charm. This 2-bedroom, 1-bath home offers thoughtful storage with closet organizers, an extra closet in one bedroom, and a portable window A/C included for summer comfort. The beautifully maintained grounds with mature trees create a peaceful, park-like atmosphere, all within a neighborhood primarily surrounded by single-family homes. A detached garage keeps your vehicle protected year-round, and the bus stop conveniently located right out front makes getting around easy. The monthly co-op fee covers most everyday expenses, including property taxes, water, sewer, trash, exterior and grounds maintenance, insured structure, furnace and water heater maintenance, laundry facility, and snow removal—making life simple and predictable. Cash purchase only. Owner-occupied community. No pets or rentals. Buyer approval required through co-op credit and background review. Buyer and buyer's agent to verify all information, including square footage. Shared-ownership co-op.

Listed by Tiffany Perkins — Hello Real Estate Center

Listing Details

Status Active
MLS # 260001319
Days on Market 91
Price/Sq Ft $141

Property History

Feb 05, 2026
Listed for sale
$133,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 940
Stories 2
Year Built 1960
Property Type StockCooperative
APN 028-321-01
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Asbestos
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Financial
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
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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% ($26,600)
Home price
$133,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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