Tim Koskinen - Reno Real Estate Agent - 775-303- 2614
Community: PARK TOWER ... Listing 3 of 4
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MLS: 260003287 $205,000 1 Beds /2 Baths
MLS #: 260003287 Status: ACTIVE List Price: $205,000 Price SQFT: $273 City: RENO
Beds: 1 Baths: 2 SqFt: 751 Year: 1961 Zip: 89501
Listing Remarks
Park Tower is the only 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. Cash and 1031 exchange offers only. 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.
Address: 280 ISLAND AVENUE APT 1002#APT 1002 RENO NV 89501
Listing Courtesy of RE/MAX GOLD-MIDTOWN
Listing Photos
Community: PARK TOWER ... Listing 3 of 4
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Last Updated: 2026-05-06
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