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    234 18Th St Sparks, NV 89431

    For Sale
    $995,000

    MULTI_FAMILY - Sparks, NV

    Property size:
    3,575 SF
    Lot size:
    0.14 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 234 18Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    MUD
    Rooms
    Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
    APN
    032-121-01
    Parking
    4
    Parking features
    Alley, Assigned, Garage
    Exterior features
    Dog Run, Rain Gutters
    Appliances
    Dishwasher, Electric Oven, Electric Range, Refrigerator
    Size
    3,575 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Wood, Vinyl
    Building materials
    Brick Veneer
    Roof type
    Composition, Shingle
    Additional Structures
    Kennel/Dog Run

    Dickson Realty Inc (775) 746-7000 [email protected]

    Listing agent Felisa Cusimano-Martin (775) 250-8033 License #S.67423

    Listing date Nov 20, 2025

    MLS# 250058430 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Multifamily Investment Opportunity

    This charming brick multifamily property features four units, each with 2 bedrooms and 1 bathroom. Each unit includes a 1-car garage. The property offers layouts desirable for long-term tenants. Two units are currently rented with 1-year leases in place, providing immediate cash flow. A community coin-operated washer and dryer is available for tenant convenience, adding additional income potential. Each unit has been upgraded with Airport Authority windows, and the roof has also been updated. The property is located near the highway, dining, bus lines and Sparks community entertainment. There is a small area for dogs to play. The property is located in Sparks, Nevada. The lot size is 0.14 acres and the property size is 3575 square feet. This is an exceptional opportunity to secure a strong, income-producing asset or occupy one unit and rent the rest, qualifying for owner occupancy lending.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.766897
    Latitude
    39.535891

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    FAQs

    What type of property is this?
    Quadplex - Four units, upgraded, income-producing property in Sparks, Nevada.
    Where is this quadplex located?
    The property is located at 234 18Th St Sparks, NV.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Strong income-producing 4-unit multifamily property.; - Immediate and stable cash flow from two units with existing 1-year leases.; - Each unit includes 2 bedrooms, 1 bathroom, and a 1-car garage.
    (775) 250-8033
    Request Owner's contact information
    234 18Th St Sparks, NV 89431
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    Sparks, NV 89431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 18Th St Sparks, NV 89431
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