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!
Property Details
Price:
$310,000
MLS #:
250003552
Status:
Active
Beds:
1
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Park Towers
Listed Date:
Mar 11, 2025
Finished Sq Ft:
751
Total Sq Ft:
751
Lot Size:
871 sqft / 0.02 acres (approx)
Year Built:
1961
See this Listing
Schools
Elementary School:
Mt. Rose
Middle School:
Swope
High School:
Reno
Interior
Appliances
Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric, Refrigerated
Flooring
Ceramic Tile, Laminate
Heating
Electric, Forced Air
Laundry Features
Common Area, Laundry Area, Laundry Room, Sink
Exterior
Association Amenities
Gated, Maintenance Grounds, Maintenance Structure, Management
Construction Materials
Brick, Masonite
Exterior Features
None
Other Structures
None
Parking Features
Assigned, Common, Under Building
Roof
Flat
Security Features
Fire Sprinkler System, Security Fence, Smoke Detector(s)
Financial
HOA Fee
$676
HOA Frequency
Monthly
HOA Includes
Insurance, Utilities
HOA Name
First Service Residential
Taxes
$1,047
Map
Community
- Address280 Island Avenue 1002 Reno NV
- SubdivisionPark Towers
- CityReno
- CountyWashoe
- Zip Code89501
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Market Summary
Property Summary
- Located in the Park Towers subdivision, 280 Island Avenue 1002 Reno NV is a Condo for sale in Reno, NV, 89501. It is listed for $310,000 and features 1 beds, 2 baths, and has approximately 751 square feet of living space, and was originally constructed in 1961. The current price per square foot is $413. The average price per square foot for Condo listings in Reno is $327. The average listing price for Condo in Reno is $350,752.
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Similar Listings Nearby
Courtesy of RE/MAX Gold-Midtown. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Northern Nevada Regional MLS. All rights reserved. 280 Island Avenue 1002
Reno, NV
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