$155,000 Active
1945 4th Street #9
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 simple, stress-free living in this beautifully updated bottom-level home located in a desirable 55+ co-op community (age 50+ may be considered with board approval). Thoughtfully remodeled, the home features an updated kitchen, upgraded flooring, and a refreshed bathroom with dual access for added convenience and functionality. Recessed lighting and a newer electrical panel provide modern comfort throughout. Surrounded by mature trees and well-maintained landscaping, the community offers a peaceful, park-like setting ideal for relaxed living. A nearby detached garage adds everyday convenience for parking and storage. The monthly association fee includes property taxes, water, sewer, heater maintenance, and hot water heater—helping create a simplified, predictable lifestyle with fewer ongoing expenses. Seller is motivated and priced to sell—open to offers. Cash purchase only. Buyer must be approved by the co-op association board.

Listed by Tiffany Perkins — Hello Real Estate Center

Listing Details

Status Active
MLS # 260003697
Days on Market 42
Price/Sq Ft $165

Property History

Mar 31, 2026
Listed for sale
$155,000
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
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Peek, 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
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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% ($31,000)
Home price
$155,000
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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Or call directly: (530) 317-0373