Residential · Condominium

280 Island Avenue APT 201, Reno, NV 89501

Reno, NV 89501 · Park Towers

$330,000

MLS# 260004101

Active
2
Beds
2
Baths
960
Sq Ft
0.02 ac
Lot
1961
Built

About This Property

Rare opportunity to own a fully furnished, income-producing condo in the heart of downtown Reno. Located at 280 Island Avenue, Unit 201, this turnkey property is short-term rental approved and ready to generate revenue from day one. Designed for both comfort and performance, this bright, open-concept unit features abundant natural light and a functional layout ideal for guests and extended stays. All furnishings are included, making this a true plug-and-play investment with immediate income potential. Positioned just steps from the Truckee River, Midtown, and Reno's top dining, nightlife, and entertainment, this location consistently attracts visitors year-round. Low-maintenance ownership combined with high-demand proximity makes this an ideal asset for both new and experienced investors. Proven rental history and/or projected income available upon request. Whether you're looking to expand your portfolio or secure a flexible second home that generates income when not in use, this property delivers. Opportunities like this—fully turnkey, STR-approved, and centrally located—are limited. Don't miss your chance to own in one of Reno's most desirable investment corridors.

Property Details

TypeResidential
Bedrooms2
Bathrooms2
Living Area960 sq ft
Lot Size0.02 ac
Year Built1961
Stories18
HeatingForced Air, Natural Gas
CoolingCentral Air
FlooringLaminate
RoofFlat
LaundryCommon Area
ViewCity, Park/Greenbelt, Trees/Woods
Style3+ Stories
SubdivisionPark Towers
CountyWashoe
Parcel #011-471-04
ZoningMdrd
HOA Fee$748/monthly
HOA NameFirst Service Residential
Taxes$1,339/yr
Price/Sq Ft$344/sq ft
Days on Market29
Listing Terms1031 Exchange, Cash, Conventional

Additional Features

Walk-In Closet(s)
Dishwasher Disposal Microwave Refrigerator
Brick Slab Flat
Electricity Available Natural Gas Available Sewer Available Water Available Public Public Sewer Gas
Clubhouse Recreation Room Security Gate(s)
Level
Security Gate Smoke Detector(s)

Schools

ElementaryMt. Rose
Middle SchoolSwope
High SchoolReno

Location

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Data last updated on May 8, 2026.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers.
Listing provided by: Lee Stevens · Real Broker LLC
$330,000 280 Island Avenue APT 201, Reno, NV 89501