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  • Price cut: $10K (6/19)
    $315,000

    280 Island Ave APT 1002, Reno, NV 89501

    1beds
    751sqft
    : 
    Condominium
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $419/sqft
    $676/mo HOA

    What's special

    Downtown high riseSierra mountainsShared rooftop deckWingfield parkNearby hiking trails
    The legendary Park Tower in Reno offers a rare find, one of the only downtown high rises still allowing short term rentals, an exciting prospect whether you're a new or savvy real estate investor, eyeing unique opportunities. This stunning 1-bedroom, 2-bathroom condo has been thoughtfully converted into two rentable Airbnb units with separate locked entrances and a history of consistent bookings, making it a truly turnkey investment opportunity. Savor jaw dropping views of the Truckee River, Wingfield Park, and the Sierra Mountains from Mount Rose to Peavine Peak. Enjoy coffee as kayakers paddle by or tap into the vibrant city vibe. Close to top tier dining, shopping, and entertainment, this gem invites exploration for investment potential or lifestyle appeal. A shared rooftop deck and nearby hiking trails call to adventurers, while Lake Tahoe's world class skiing, beaches, and water sports sit just a short drive away. Don't wait, schedule a showing today!
    136 days
    on Zillow
    |
    298
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 12:22am

    Listed by:

    James VonDorsten S.200323 775-691-1424,

    RE/MAX Gold-Midtown

    Source: NNRMLS,MLS#: 250003552MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 280 Island Ave APT 1002.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air, Electric, Refrigerated
    Appliances
    • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
    • Laundry: Common Area, Laundry Area, Laundry Room, Sink
    Features
    • Ceiling Fan(s), Elevator
    • Flooring: Ceramic Tile, Laminate
    • Windows: Blinds, Double Pane Windows, Metal Frames
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 751
    • Total interior livable area: 751 sqft

    Property

    Parking
    • Parking features: Assigned, Common, Under Building
    Features
    • Stories: 4
    • Exterior features: None
    • Fencing: None
    • Has view: Yes
    • View description: City, Mountain(s), Park/Greenbelt, Trees/Woods
    Lot
    • Size: 871.2 Square Feet
    • Features: Corner Lot, Level
    Details
    • Additional structures: None
    • Parcel number: 01147410
    • Zoning: MD-RD

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Masonite
    • Foundation: Slab
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Fence, Smoke Detector(s)
    • Subdivision: Park Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Maintenance Grounds, Maintenance Structure, Management
    • Services included: Insurance, Utilities
    • HOA fee: $676 monthly
    • HOA name: First Service Residential
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $419/sqft
    • Tax assessed value: $142,875
    • Annual tax amount: $1,046
    • Date on market: 3/11/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
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