Active Under Contract
Condo for sale at 280 Island Ave #APT 1002, Reno, NV 89501 | MLS# 260003287 | Listing updated on 2026-09-22
Photo 1 of Condo for sale at 280 Island Ave #APT 1002, Reno, NV 89501 | MLS# 260003287 | Listing updated on 2026-09-22
Photo 2 of Condo for sale at 280 Island Ave #APT 1002, Reno, NV 89501 | MLS# 260003287 | Listing updated on 2026-09-22
Photo 3 of Condo for sale at 280 Island Ave #APT 1002, Reno, NV 89501 | MLS# 260003287 | Listing updated on 2026-09-22
Photo 4 of Condo for sale at 280 Island Ave #APT 1002, Reno, NV 89501 | MLS# 260003287 | Listing updated on 2026-09-22
36+
Beds Icon

Street View

$205,000

Monthly Est:$1,020

  • Beds Icon1 Bed
  • Beds Icon
    2 Baths
  • Beds Icon751sqft

280 Island Ave #APT 1002, Reno, NV 89501

$1,020/moEst:

Get Pre-Approved

  • Condominium

  • Built in 1961

  • $676/mo HOA

  • 0.02 acre lot

  • $273/sq.ft

Description

Park Tower is a 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 and subject to lien holder approval. 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.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: September 22, 2026 at 9:47 pm
  • Listing Provided by: James Von Dorsten (775) 691-1424 DRE #S.200323 | RE/MAX Gold-Midtown (775) 391-5435
  • Source: Northern Nevada Regional MLS-NV | MLS#: 260003287 Northern Nevada Regional MLS-NV

Part of

Building
280 Island Ave
No reviews yet

Property Details

  • Status

    Active Under Contract

  • Type

    Condominium

  • No. of Stories

    17

  • County

    Washoe County

  • City

    Reno

  • Neighborhood

    Downtown Reno

  • Year Built

    1961

  • HOA Fees

    $676/mo

  • Finished Area

    751 sqft

  • Lot Size

    0.02 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Northern Nevada Regional MLS

  • MLS Number

    260003287

  • MLS Status

    Active Under Contract-Show

  • Days on Market

    202

  • Cumulative Days on Market

    184

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

HOA Management

Western Nevada Management

HOA Fees

$675.9/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Air Conditioning Air Conditioning

Insurance Insurance

Security Gate Security Gate

Management Management

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: 1

    Bathrooms: 2

Interior

  • Sewer

    Public Sewer

  • Interior Features

    Breakfast Bar, Ceiling Fan(s), Walk In Closet(s)

  • Window Features

    Blinds, Double Pane Windows, Metal Frames

  • Cooling

    Central Air, Electric

  • Flooring

    Ceramic Tile, Laminate

  • Heating

    Electric, Forced Air

  • Exterior Features

    None

  • Appliances

    Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator

Construction

  • Year Built

    Year Built: 1961

  • Home type

    Condominium

  • Roof

    Flat

  • Foundation Details

    Slab

  • Construction Materials

    Brick, Masonite

Utilities & Energy

  • Laundry Features

    Common Area, Laundry Room, Sink

  • Water Source

    Public

  • Utilities

    Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage

  • Security Features

    Fire Sprinkler System, Keyless Entry, Security Fence, Smoke Detector(s)

  • Association Amenities

    Gated, Management

  • Parking Features

    Permit Required, Detached, Garage, Under Building

Other Features

  • Subdivision Name

    Park Towers

  • Lot Features

    Corner Lot, Level

  • Patio And Porch Features

    None

Price History

DateEventPrice

07/06/2026

Source: mls_logoNorthern Nevada Regional MLS-NV #260003287

Contingent (Active Under Contract)

$205,000 -6.78%

$273/sqft

03/22/2026

Source: mls_logoNorthern Nevada Regional MLS-NV #260003287

Price Increased

$219,900 +7.27%

$293/sqft

03/22/2026

Source: mls_logoNorthern Nevada Regional MLS-NV #260003287

Price Decreased

$205,000 -33.87%

$273/sqft

03/11/2025

Source: mls_logoNorthern Nevada Regional MLS-NV #250003552

Listed for Sale

$310,000

$413/sqft

Nearby Homes

Based on information from the Northern Nevada Regional Multiple Listing Service® through Oct 10, 2026, 04:30PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of the content displayed here other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. Any suspected “scraping” would be reported to NNRMLS for immediate investigation and action. IDX information is deemed reliable but not guaranteed. The content relating to real estate for sale on this website comes in part from the IDX program of the Northern Nevada Regional Multiple Listing Service®. Real estate listings held by brokerage firms other than Congress Realty, Inc. includes the name of the listing brokerage. © 2026 Northern Nevada Regional Multiple Listing Service®, Inc. All rights reserved.

Advertising Broker: Jared Andrew English | Congress Realty, Inc