$88,500 Active
1945 4th Street #52
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
·
942 Sq Ft

About This Property

Welcome to this well-maintained, 2-bedroom, 1-bath co-op offering comfortable, low-maintenance living in the heart of Sparks. This inviting home features a functional floor plan with spacious living areas, abundant natural light, and a detached one-car garage for added convenience. Enjoy the beautifully landscaped, park-like grounds with mature trees and peaceful courtyards, all while being just minutes from shopping, dining, parks, medical facilities, and public transportation. The monthly co-op fee includes property taxes, water, sewer, trash, insurance, exterior maintenance, landscaping, and other community services, making for simplified and predictable living. Cash purchase only, subject to co-op board approval. Don't miss this affordable opportunity to own in a centrally located, well-established community.

Listed by Kautz Zinda Real Estate Group — Realty One Group Eminence

Listing Details

Status Active
MLS # 260009891
Days on Market 1
Price/Sq Ft $94

Property History

Jul 31, 2026
Listed for sale
$88,500
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 942
Stories 1
Year Built 1960
Property Type StockCooperative
STR Jurisdiction Washoe County
APN 00000000000
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Construction Asbestos
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Cooling 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
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($17,700)
Home price
$88,500
Loan details
30-yr fixed, 6.5%
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