Seller's Agent in 2026
Felisa Cusimano-Martin
Dickson Realty
(775) 250-8033
2 in this area
204 Total Sales
234 18th St Sparks, NV 89431
Downtown Sparks Neighborhood
8
Beds
4
Baths
3,575
Sq Ft
5,968
Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2025
Closed on
Mar 5, 2026
Sold by
Bought by
Seller's Agent
Felisa Cusimano-Martin
Dickson Realty - Sparks
Buyer's Agent
Victor Corona
Reno Real Estate
List Price
$995,000
Sold Price
$893,150
Premium/Discount to List
-$101,850
-10.24%
Views
91
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,863
Interest Rate
0.0609%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 8, 2004
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.0588%
Purchase Details
Closed on
Oct 6, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.0588%
Purchase Details
Closed on
Sep 9, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $893,500 | First American Title | ||
| -- | None Available | ||
| -- | Stewart Title Of Northern Nv | ||
| $350,000 | Stewart Title Of Northern Nv | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $669,863 | ||
| Closed | $253,800 | ||
| Closed | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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