Skip To Content

234 18th Street

Sparks, NV 89431
  • $995,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 250058430
UPDATED: 46 min ago
$995,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Investor Alert! This 4-unit charming brick multifamily property is an exceptional opportunity to secure a strong, income-producing asset. All four units feature 2 bedrooms and 1 bathroom, 1 car garage per unit offering highly desirable layouts for long-term tenants. Two units are currently rented with 1-year leases already in place, providing immediate and stable cash flow. The property includes a community coin-operated washer and dryer for tenant convenience, adding additional income potential. Each unit has been upgraded with Airport Authority windows, and the roof has also been updated, offering peace of mind and reduced future maintenance costs, conveniently located near, highway, dining, bus lines and Sparks community entertainment, small area for dogs to play. Cashflow documents and financials are available upon request. Don't miss your chance to add this well-maintained, turnkey investment to your portfolio or occupy 1 unit and rent the rest qualifying for owner occupancy lending !

Monthly Payment Calculator

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-13T10:19:41.837.
www.nevada.properties/homes/170356858
Print Image

234 18th Street Sparks, NV 89431

  • Price: $995,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 46 min ago
  • MLS #: 250058430
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1960
Built
Neighborhood:
89431
County:
Washoe
Area:
89431
Elementary School:
Mitchell
Middle School:
Sparks
High School:
Sparks
Property Description
Investor Alert! This 4-unit charming brick multifamily property is an exceptional opportunity to secure a strong, income-producing asset. All four units feature 2 bedrooms and 1 bathroom, 1 car garage per unit offering highly desirable layouts for long-term tenants. Two units are currently rented with 1-year leases already in place, providing immediate and stable cash flow. The property includes a community coin-operated washer and dryer for tenant convenience, adding additional income potential. Each unit has been upgraded with Airport Authority windows, and the roof has also been updated, offering peace of mind and reduced future maintenance costs, conveniently located near, highway, dining, bus lines and Sparks community entertainment, small area for dogs to play. Cashflow documents and financials are available upon request. Don't miss your chance to add this well-maintained, turnkey investment to your portfolio or occupy 1 unit and rent the rest qualifying for owner occupancy lending !
Exterior Features

Attached Garage YN Yes Construction Materials Brick Veneer Exterior Features Dog RunRain Gutters Foundation Details Crawl Space Parking Features Alley AccessAssignedAttachedGarage Patio And Porch Features [] Pool Features None Roof CompositionPitchedShingle Spa Features None Window Features Double Pane Windows

Interior Features

Accessibility Features [] Appliances DishwasherElectric OvenElectric RangeRefrigerator Building Area Total 3575 Common Walls [] Cooling [] Cooling YN No Fireplace Features [] Fireplace YN No Flooring VinylWood Heating ElectricWall Furnace Heating YN Yes Interior Features [] Laundry Features Common Area Levels One Unit1 Baths Total 1 Unit2 Baths Total 1 Unit3 Baths Total 2 Unit4 Baths Total 1 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Covenants Conditions Restrictions YN Yes Fencing Partial Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventionalFHA Lot Features Landscaped Other Equipment [] Other Structures None Owner Pays WaterTrash CollectionSewerExterior Maintenance Parking Total 4 Pet Information pet deposit required Property Sub Type Quadruplex Road Frontage Type [] Road Responsibility [] Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1976.46 Tenant Pays OtherElectricity Unit Type Type [] Unit1 Actual Rent 1579 Unit1 Unit Type 2 Bedroom Unit2 Actual Rent 1579 Unit2 Unit Type 2 Bedroom Unit3 Actual Rent 1579 Unit3 Unit Type 2 Bedroom Unit4 Actual Rent 1579 Unit4 Unit Type 2 Bedroom Utilities Electricity ConnectedSewer ConnectedWater ConnectedWater Meter Installed Water Source Public Waterfront Features [] Zoning MUD

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Dickson Realty - Sparks: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-13T10:19:41.837.
 
https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250058430-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250058430-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_1_250058430-2.jpg
Logo
Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521