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$995,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 hours ago
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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 !

Full Property Details for 234 18th St

General

  • Price: $995,000
  • Taxes: $1,976
  • Status: Active
  • Type: Multi-Family
  • Source: 2502
  • MLS ID: 250058430
  • Updated: 1/15/2026
  • Added to Site: 57 day(s) ago

Interior

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Flooring: Vinyl, Wood

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Dog Run, Rain Gutters

Parking

  • Attached garage: Yes
  • Total Spaces: 4
  • Parking Features: Alley Access, Assigned, Attached, Garage

Location

  • County: Washoe
  • Subdivision: Newtown Tract
  • Cross Streets: C Street

School Information

  • Elementary School: Mitchell
  • Middle School: Sparks
  • High School: Sparks

Heating & Cooling

  • Heating Type: Electric, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected, Water Meter Installed
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick Veneer
  • Roof: Composition, Pitched, Shingle
  • Windows: Double Pane Windows, Triple Pane Windows
  • Stories/Levels: 1
  • Building Size: 3575
  • Year Built: 1960

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 5,967.72
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Zoning: MUD
  • Fencing (Description): Partial

Financial Considerations

  • Price Per Sq. Ft.: $278.32
  • Tax Amount: $1,976.46
  • Terms: 1031 Exchange, Cash, Conventional
  • Owner Pays: Water, Trash Collection, Sewer, Exterior Maintenance
  • Tenant Pays: See Remarks, Other, Electricity

Disclosures and Reports

  • APN: 032-121-01

Listed by Dickson Realty - Sparks, Felisa Cusimano-Martin (775) 250-8033

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Listing agent

— 234 18th St —

  • Felisa Cusimano-Martin

    Dickson Realty - Sparks

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 234 18th St

School District:Washoe County School District
NameGradesDistance
Robert Mitchell Elementary School
1216 Prater Way, Sparks, NV 89431
K-50.5 mi
Sparks Middle School
2275 18th Street, Sparks, NV 89431
6-81.1 mi
Sparks High School
820 15th Street, Sparks, NV 89431
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 234 18th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Listed
$995,000
184.29%
MLS
1/09/2004
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 234 18th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,976
9%
$86,640
3%
2024
$1,818
2%
$83,791
6%
2023
$1,782
2%
$79,342
20%
2022
$1,743
7%
$65,860
8%
2021
$1,625
—
$60,827
-1%
2021
$1,625
14%
$61,596
12%
2019
$1,431
4%
$55,232
7%
2018
$1,381
3%
$51,449
2%
2017
$1,347
2%
$50,344
11%
2016
$1,320
—
$45,472
12%
2015
$1,319
3%
$40,513
9%
2014
$1,283
—
$37,256
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dickson Realty - Sparks, Felisa Cusimano-Martin (775) 250-8033

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234 18th Street, Sparks, NV 89431 (MLS# 250058430) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 234 18th Street is currently listed for $995,000 and was received on November 20, 2025. Want to learn more about 234 18th Street? Do you have questions about finding other Multi-Family real estate for sale in Sparks? You can browse all Sparks real estate or contact a Coldwell Banker agent to request more information.

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