$120,000
Active
1945 4th Street #14
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
Charming and affordable 55+ community in the heart of Sparks. This upstairs unit offers 2 bedrooms and 1 full bath, along with a convenient single-car garage. Enjoy a beautifully maintained courtyard which is an ideal setting for relaxing or visiting with neighbors. Association fees include water, trash, and sewer, providing added value and predictable monthly expenses. Ideally situated near shopping, dining, entertainment, public transportation, and parks, this home offers both comfort and convenience in a vibrant, well-connected location.
Listed by Chris Yochum — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260003108
Days on Market
49
Price/Sq Ft
$128
Property History
Mar 19, 2026
Listed for sale
$120,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
940
Stories
1
Year Built
1960
Property Type
Condominium
APN
028-310-07
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Detached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Lot Features
Common Area, Landscaped, Level
View
Peek
Roof
Composition, Pitched
Foundation
None
Utilities & Systems
Heating
Wall Furnace
Cooling
Evaporative Cooling
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
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% ($24,000)
Home price
$120,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
