280 Island Avenue #APT 1002, Reno, NV 89501

Reno
Local realty services provided by:Better Homes and Gardens Real Estate Universal
280 Island Avenue #APT 1002,Reno, NV 89501
$205,000
  • 1 Beds
  • 2 Baths
  • 751 sq. ft.
  • Condominium
  • Active
Listed by: james von dorsten
Office: re/max gold-midtown
MLS#:260003287
Source:NV_NNRMLS

Price summary

  • Price:$205,000
  • Price per sq. ft.:$272.97

About this home

Park Tower is the only downtown Reno high rise that permits short term rentals. This 10th floor unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. This is a short sale. Cash and 1031 exchange offers only. The building sits on Island Avenue directly above the Truckee River and Wingfield Park. The unit faces west with direct views of the river, the park, and the Sierra Nevada. The Riverwalk District is right outside with immediate access to dining, coffee, and nightlife. Mount Rose and Lake Tahoe are a short drive for skiing and year round outdoor access. The building features a shared rooftop deck. Buyers should conduct their own due diligence regarding income potential. Whether you are adding to a portfolio or executing a 1031 exchange, this is a rare opportunity to acquire a short term rental asset in downtown Reno.

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Home facts

  • Year built:1961
  • Listing ID #:260003287
  • Added:46 day(s) ago
  • Updated:May 08, 2026 at 02:48 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Ceramic Tile, Laminate
  • Dining Description:Breakfast Bar
  • Kitchen Description:Breakfast Bar, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Bedroom Description:Walk-In Closet(s)
  • Living area:751 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air, Heating
  • Central air:Yes

Structure and exterior

  • Year built:1961
  • Building area:751 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Corner Lot, Level
  • Construction Materials:Brick, Masonite

Schools

  • High school:Reno
  • Middle school:Swope
  • Elementary school:Mt. Rose

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$205,000
  • Price per sq. ft.:$272.97
  • Tax amount:$1,071

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Laundry features:Common Area, Laundry Room, Sink
  • Amenities:Gated, Management

Parking

  • Parking description:Detached, Garage, Under Building
  • Garage:Yes
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