Tim Koskinen - Reno Real Estate Agent - 775-303- 2614
Reno Condo ManiaMLS: 260003287 $219,900
1 Bedroom with 2 Baths280 ISLAND AVENUE APT 1002#APT 1002
RENO NV 89501MLS: 260003287
Status: ACTIVE
List Price: $219,900
Price per SQFT: $293
Square Footage: 7511 Bedroom
2 Baths
Year Built: 1961
Zip Code: 89501
Listing Remarks
Welcome to Park Tower, centrally located in downtown Reno, where adventure meets opportunity. Park Tower stands as the only downtown high-rise that permits short-term rentals, and that distinction is exactly what sets this one-bedroom, two-bathroom unit apart. Located on the 10th floor with sweeping west-facing views, this unit looks out over the cascading waters of the Truckee River, Wingfield Park, and the Sierra Nevada range. Watch kayakers and fly fishers work the river below and step into the Riverwalk District where Reno's best dining, coffee shops, and nightlife are right there. Mount Rose and Lake Tahoe are a short drive for skiers, snowboarders, and outdoor winter enthusiasts of all kinds. The unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. It is offered as a turnkey income-producing asset. The building also features a shared rooftop deck with views that speak for themselves. Whether you are targeting a 1031 exchange, adding to an existing portfolio, or simply looking for an income-producing asset, this is a rare setup in a market where short-term rental permits in the downtown condo market have become nearly impossible to find.
Address: 280 ISLAND AVENUE APT 1002#APT 1002 RENO NV 89501
Listing Courtesy of RE/MAX GOLD-MIDTOWN
Community: PARK TOWER ... Listing 1 of 3
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Condo Mania Agent
Tim Koskinen
Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium SPECIAL LISTING CONDITIONS: Short Sale LISTING CONTRACT DATE: 2026-03-21 ON MARKET DATE: 2026-03-22 BEDROOMS: 1 BATHROOMS: 2 LIVING AREA SQ FT: 751 LIVING AREA SOURCE: Assessor BUILDING AREA TOTAL: 751 YEAR BUILT: 1961 TAXES: $1,072 HOA/MGMT CO: Western Nevada Management HOA FEES FREQUENCY: Monthly HOA FEES: $676 HOA INCLUDES: Insurance, Cooling HOA AMENITIES: Gated, Management APPLIANCES INCLUDED: Disposal, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator CONSTRUCTION: Brick, Masonite EXTERIOR FEATURES: None FLOORING: Ceramic Tile, Laminate HEATING: Electric, Forced Air COOLING: Central Air, Electric INTERIOR FEATURES: Ceiling Fan(s), Breakfast Bar, Walk-In Closet(s) LAUNDRY FEATURES: Common Area, Laundry Room, Sink LOT FEATURES: Corner Lot, Level # GARAGE SPACES: 0 PARKING FEATURES: Detached, Garage, Under Building, Permit Required COMMON WALLS: 2+ Common Walls ROOF: Flat VIEW: City, Mountain(s), Park/Greenbelt, Trees/Woods LISTING AGENT: JAMES VON DORSTEN LISTING OFFICE: RE/MAX GOLD-MIDTOWN LISTING CONTACT: 775-691-1424
Estimated Monthly Payments
List Price: $219,900 20% Down Payment: $43,980 Loan Amount: $175,920 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,112 Estimate does not include taxes, fees, insurance.
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Property Location: 280 ISLAND AVENUE APT 1002#APT 1002 RENO NV 89501
This Listing
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Condo Mania Agent
Emily Weyrick
Reno-Tahoe Realty Group
#BS.144645
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Last Updated: 2026-03-22
