234 18th St, Sparks, NV 89431

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Sold Price
$893,150
List Price
$935,000
Status
CLOSED
MLS#
250058430
Subdivision
Newtown Tract
Days on Market
109
Closing Date
Mar 09, 2026
Year Built
1960
Acres
0.14
Living Area
3,575
Lot Size
5,967

Property Description

BACK 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 !

Additional Information

Taxes
$1,976
Utilities
Water Meter Installed, Electricity Available, Sewer Connected, Water Available
Roof
Pitched, Composition, Shingle
Foundation
Crawl Space
Exterior Features
Dog Run, Rain Gutters
Garage Description
Alley Access, Assigned, Attached, Garage
Elementary School
Mitchell
Middle School
Sparks
High School
Sparks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Felisa Cusimano-Martin and Dickson Realty - Sparks. Contact:

Selling Office: Reno Real Estate.

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Data last updated on 06/28/2017.

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