Owner to contribute $5,000 towards buyers closing costs. INVESTOR ALERT! Discover an unparalleled opportunity with this high-performing Airbnb condo, boasting two exclusive, thoughtfully designed spaces (two separate Airbnb listings). Each space offers stunning, unobstructed views of downtown Reno, the vibrant Riverwalk District, & the surrounding mountains. The main unit features a full kitchen, while the secondary unit includes a convenient kitchenette., Both spaces offer private keyless entrances, ensuite full bathrooms. Plus, this exceptional property comes FULLY FURNISHED, complete with all necessary supplies—making it a seamless, turnkey investment. This unique condo is ideal for investors seeking a turnkey short-term rental operation or owner-occupants looking to offset living expenses. Perfect for multigenerational families or savvy buyers, the layout provides flexibility and privacy. Guests will appreciate the curated attention to detail designed to enhance their experience. A stocked supply closet ensures effortless property management, and the HOA covers nearly all utilities (excluding electricity and cable/internet). This is the only high rise building in the downtown area that allows Airbnb's. Don’t miss your chance to own this prime, income-generating property in the heart of Reno. See attached docs for last 3 years of gross income earnings for Airbnb business and all operating docs/inventory list. Call today to schedule a private tour and seize this rare opportunity.
Active
Price cut: $5K (7/29)
$284,950
280 Island Ave APT 1406, Reno, NV 89501
1beds
801sqft
Est.:
Condominium
Built in 1961
-- sqft lot
$-- Zestimate®
$356/sqft
$720/mo HOA
What's special
Thoughtfully designed spacesPrivate keyless entrancesStunning unobstructed viewsFull kitchenConvenient kitchenetteStocked supply closet
- 201 days
- on Zillow |
- 450 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 12:25pm
Listed by:
Cameron Meals S.192695 775-544-4423,
Blue Sierra Realty
Source: NNRMLS,MLS#: 250000697

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air, Hot Water
Cooling
- Central Air, Electric, Refrigerated
Appliances
- Included: Additional Refrigerator(s), Disposal, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
- Laundry: Common Area, Laundry Area
Features
- Entrance Foyer
- Flooring: Ceramic Tile, Laminate
- Windows: Blinds, Double Pane Windows, Drapes, Metal Frames, Rods, Single Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 801
- Total interior livable area: 801 sqft
Property
Parking
- Parking features: Common, Under Building
Features
- Stories: 1
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: City, Mountain(s), Park/Greenbelt, Peek
Lot
- Size: 871.2 Square Feet
- Features: Level
Details
- Parcel number: 01147514
- Zoning: Mdrd
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry Veneer
- Foundation: Slab
- Roof: Flat
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Internet Available, Sewer Available, Water Available, Cellular Coverage
Community & HOA
Community
- Security: Fire Sprinkler System, Keyless Entry, Security Fence, Smoke Detector(s)
- Subdivision: Park Towers
HOA
- Has HOA: Yes
- Amenities included: Gated, Landscaping, Maintenance Grounds, Maintenance Structure
- Services included: Utilities
- HOA fee: $720 monthly
- HOA name: First Service Residential
Location
- Region: Reno
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $146,876
- Annual tax amount: $1,022
- Date on market: 1/19/2025
- Listing terms: Conventional,FHA,VA Loan
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