$110,000
Active
1945 4th Street #47
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
Motivated to sell! This FIRST FLOOR unit is located in a charming 55 and up co-op community in the heart of Sparks! The property has well established trees and a beautiful courtyard for relaxation and entertaining. Jump on public transportation for easy access to museums, shopping, medical care, parks, and community events. Enjoy the assurance of having water, sewer, trash, property taxes, insurance, and landscaping bills included in your monthly co-op agreement. This unit comes with a garage for one vehicle or storage with an automatic door opener in close distance to your front door.
Listed by Elisha Frolander — Coldwell Banker Select RE M
Listing Details
Status
Active
MLS #
260003585
Days on Market
40
Price/Sq Ft
$117
Property History
Mar 28, 2026
Listed for sale
$110,000
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
Lot Features
Landscaped, Level, Sprinklers In Rear
View
Trees/Woods
Construction
Asbestos
Roof
Composition, Shingle
Foundation
Slab
Utilities & Systems
Heating
Natural Gas, Wall Furnace
Cooling
Wall/Window Unit(s)
Financial
HOA Fee
$660 / 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% ($22,000)
Home price
$110,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
