Seller's Agent in 2026
Felisa Cusimano-Martin
Dickson Realty
(775) 250-8033
2 in this area
207 Total Sales
234 18th St Sparks, NV 89431
Downtown Sparks Neighborhood
--
Bed
--
Bath
3,575
Sq Ft
5,968
Sq Ft Lot Lot
Highlights
- Wood Flooring
- Triple Pane Windows
- Laundry Room
- 1 Car Attached Garage
- Brick Veneer
- 4-minute walk to Deer Park
About This Home
As of March 2026BACK ON MARKET AT NO FAULT OF SELLER. 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. Three 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 !
Last Agent to Sell the Property
Dickson Realty - Sparks License #S.67423 Listed on: 11/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,976
Year Built
- Built in 1960
Lot Details
- 5,968 Sq Ft Lot
- Dog Run
- Partially Fenced Property
- Landscaped
- Level Lot
- Front Yard Sprinklers
Home Design
- Quadruplex
- Brick Veneer
- Pitched Roof
- Shingle Roof
- Composition Roof
- Stick Built Home
- Masonry
Interior Spaces
- 3,575 Sq Ft Home
- 1-Story Property
- Triple Pane Windows
- Double Pane Windows
- Crawl Space
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Wood
- Vinyl
Parking
- 1 Car Attached Garage
- 1 Parking Space Included
- Alley Access
- Assigned Parking
Outdoor Features
- Rain Gutters
Schools
- Mitchell Elementary School
- Sparks Middle School
- Sparks High School
Utilities
- No Cooling
- Wall Furnace
- Separate Meters
- Master Meter
- Individual Gas Meter
- Electric Water Heater
Listing and Financial Details
- Total Actual Rent $54,513
- Tenant pays for electricity
- The owner pays for water, trash collection, sewer, exterior maintenance
- Assessor Parcel Number 032-121-01
Community Details
Overview
- 4 Units
- Sparks Community
- Newtown Tract Subdivision
- On-Site Maintenance
- The community has rules related to covenants, conditions, and restrictions
Pet Policy
- Pets Allowed
Building Details
- 3 Leased Units
- 1 Vacant Unit
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Trash Expense $1,134
- Net Operating Income $30,623
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Sold | $893,150 | -4.5% | $250 / Sq Ft |
| 01/29/2026 01/29/26 | Price Changed | $935,000 | -6.0% | $262 / Sq Ft |
| 11/20/2025 11/20/25 | For Sale | $995,000 | -- | $278 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,440 | $87,379 | $46,550 | $40,829 |
| 2025 | $1,818 | $86,640 | $46,550 | $40,090 |
| 2024 | $1,818 | $83,791 | $43,325 | $40,466 |
| 2023 | $1,782 | $79,342 | $43,990 | $35,352 |
| 2022 | $1,743 | $65,860 | $37,030 | $28,830 |
| 2021 | $1,625 | $60,827 | $33,530 | $27,297 |
| 2020 | $1,513 | $61,596 | $32,200 | $29,396 |
| 2019 | $1,431 | $55,232 | $28,000 | $27,232 |
| 2018 | $1,381 | $51,449 | $24,780 | $26,669 |
| 2017 | $1,347 | $50,344 | $23,800 | $26,544 |
| 2016 | $1,320 | $45,472 | $19,600 | $25,872 |
| 2015 | $1,319 | $40,513 | $14,840 | $25,673 |
| 2014 | $1,283 | $37,256 | $12,600 | $24,656 |
| 2013 | -- | $33,230 | $10,500 | $22,730 |
Source: Public Records
Agents Affiliated with this Home
-
Felisa Cusimano-Martin
-
Victor Corona
V
Buyer's Agent in 2026
Victor Corona
Reno Real Estate
(775) 530-2640
1 in this area
4 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 250058430
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