234 18th St

Sparks, NV 89431

$995,000
Price
—
Beds
—
Baths
3,575 Sq. Ft.
$278 / Sq. Ft.
3,575
Sq. Ft.
$278
per Sq. Ft.
Active Under Contract - No Show
Active Under Contract - No Show
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Laundry Room

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,...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 !
  1. Listed by Felisa Cusimano-Martin • Brokerage DRE #BS.145793 • Dickson Realty - Sparks
    P: (775)-250-8033 fmartin@dicksonrealty.com

Property Details for 234 18th Street

Zoning
MUD
Subdivision Name
Newtown Tract
Furnished
Unfurnished
LISTING UPDATED: 01/19/2026 12:48 PM

Property Details for 234 18th Street

StatusActive Under Contract - No Show
MLS #250058430
Days on Compass60
Taxes$1,976 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1960
Lot Size0.14 AC / 5,967 SF
CountyWashoe County

Location

Listing Courtesy of Dickson Realty - Sparks, Felisa Cusimano-Martin, License #S.67423
Add your commute

Building Information for 234 18th Street

Stories1Residences4Year Built1960Building Size-Lot Size0.14 AC / 5,967 SF

Payment Calculator

$5,014 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,849

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 234 18th Street

Summary
Location and General Information
  • Latitude: 39.535891
  • Longitude: -119.766897
  • Cross Street: C Street
  • Address:Parcel Number: 032-121-01
  • Address:Cross Street: C Street
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,976
  • Tax Legal:Neighborhood: Downtown Sparks
  • Tax Legal:Elementary School: Mitchell
  • Tax Legal:Middle Or Junior School: Sparks
  • Tax Legal:High School: Sparks
  • Tax Legal:Tax Annual Amount: $1,976
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MUD
  • AssociationCommunity:Number Of Buildings: 1.0
  • AssociationCommunity:Senior Community YN: No
Parking
  • Attached Garage YN: Yes
  • Parking Features: Alley Access, Assigned, Attached, Garage
  • Parking Total: 4.0
  • Parking Information:Parking Total: 4.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
School Information
  • Elementary School: Mitchell
  • High School: Sparks
  • Middle Or Junior School: Sparks
Property
Lot Information
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Square Feet: 5967.72
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 3575.0
  • Lot:Lot Size Acres: 0.137
  • Lot:Lot Size Square Feet: 5967.72
  • Lot:Pool Private YN: No
  • Lot:Spa YN: No
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sprinklers In Front: Yes
Property and Assessments
  • Parcel Number: 032-121-01
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Type: Residential Income
  • Year Built: 1960
  • Property Sub Type: Quadruplex
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Possession:Subject To Tenant Rights: Yes
  • Financial Data Source:Owner: Yes
  • Financial Data Source:Property Manager: Yes
Utilities
  • Sewer: True
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Water Meter Installed
  • Electric: True
  • Utilities:Cooling YN: No
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Water Meter Installed: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Number Of Separate Electric Meters: 4
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Number Of Separate Gas Meters: 4
  • Meter Information:Separate Water Meters YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Stories: 1
  • Construction Materials: Brick Veneer
  • Exterior Features: Dog Run, Rain Gutters
  • Fencing: Partial
  • Foundation Details: Crawl Space
  • Levels: One
  • Other Structures: None
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Senior Community YN: No
  • Spa Features: None
  • Spa YN: No
  • Window Features: Double Pane Windows, Triple Pane Windows
  • Pool Private YN: No
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 1.0
  • Building:Outdoor Living Spaces YN: No
  • Building:ADA Compliant YN: No
  • Building:Units Furnished: None
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Dog Run: Yes
  • Exterior Features:Rain Gutters: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Crawl Space: Yes
  • Levels:One: Yes
  • Other Structures:None: Yes
  • Pool Features:None: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Other: Yes
  • Spa Features:None: Yes
  • Sprinklers:Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Triple Pane Windows: Yes
Interior Features
  • Cooling YN: No
  • Fireplace YN: No
  • Flooring: Vinyl, Wood
  • Heating: Electric, Wall Furnace
  • Heating YN: Yes
  • Laundry Features: Common Area
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Units Vacant: 1
  • Number Of Units Mo Mo: 0
  • Number Of Units Leased: 3
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Interior:Building Area Total: 3575.0
  • Interior:Building Area Source: Assessor
  • Interior:Fireplace YN: No
  • Flooring:Vinyl: Yes
  • Flooring:Wood: Yes
  • Heating:Electric: Yes
  • Heating:Wall Furnace: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:None: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:Common Area: Yes
Multi Family
Income & Expenses
  • Trash Expense: $1,134
  • Gross Scheduled Income: $78,432
  • Net Operating Income: $30,623
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 26916.2
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $78,432
  • Income and Expenses:Net Operating Income: $30,623
  • Income and Expenses:Total Actual Rent: $54,513
  • Income and Expenses:Trash Expense: $1,134
Multi Family Information
  • Units Furnished: None
  • Number Of Units Total: 4
  • Unit Details:Number Of Units Leased: 3
  • Unit Details:Number Of Units Month To Month: 0
  • Unit Details:Number Of Units Vacant: 1
Rental
Rent Information
  • Tenant Pays: See Remarks, Other, Electricity
  • Pet Information:Pets Allowed YN: Yes
  • Pet Information:Pets Comments: pet deposit required
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Other: Yes
  • Tenant Pays:See Remarks: Yes

Property History for 234 18th Street

DateEvent & SourcePriceAppreciation
Jan 17, 2026

In Contract

NNRMLS #250058430

—
Dec 31, 2025

Listed (Active)

NNRMLS #250058430

$995,000—
Dec 17, 2025

In Contract

NNRMLS #250058430

—
Nov 20, 2025

Listed (Active)

NNRMLS #250058430

$995,000—
Jan 9, 2004

Sold (Public Record)

Public Record #127303102

$350,000—
DateEvent & SourcePrice
01/17/2026

In Contract

NNRMLS #250058430

—
12/31/2025

Listed (Active)

NNRMLS #250058430

$995,000
12/17/2025

In Contract

NNRMLS #250058430

—
11/20/2025

Listed (Active)

NNRMLS #250058430

$995,000
01/09/2004

Sold (Public Record)

Public Record #127303102

$350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 234 18th Street

Taxable ValueLand$46,550Additions$40,090Total$86,640
Tax Record2025$1,976 ($165 / month)
Home Facts
Baths4Total Finished SqFt3,575 SqFtAbove Grade Finished SqFt3,575 SqFtStories1Lot Size5,968 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960ZoningMUDCountyWASHOEAPN032-121-01

Schools near 234 18th Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Robert Mitchell Elementary School
Public - K to 5
Sparks Middle School
Public - 6 to 8
Sparks High School
Public - 9 to 12
High Desert Montessori Charter School
Charter - PK to 8
Rating
School
Distance
Robert Mitchell Elementary School
PublicK to 5

Sparks Middle School
Public6 to 8

Sparks High School
Public9 to 12

High Desert Montessori Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Dickson Realty - Sparks, Felisa Cusimano-Martin, License #S.67423

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.