$305,000
$315,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
960 SqFt
SOLD DATE : 09/17/2026
Key Details
Sold Price $305,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $317
Subdivision Park Towers
MLS Listing ID 260004101
Sold Date 09/17/26
Bedrooms 2
Full Baths 2
HOA Fees $748/mo
Year Built 1961
Annual Tax Amount $1,338
Lot Size 960 Sqft
Acres 0.02
Lot Dimensions 0.02
Property Sub-Type Condominium
Property Description
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.
Location
State NV
County Washoe
Community Park Towers
Area Park Towers
Zoning Mdrd
Direction Arlington
Rooms
Family Room None
Other Rooms None
Master Bedroom Walk-In Closet(s) 2
Dining Room Kitchen Combination
Kitchen Built-In Dishwasher
Interior
Interior Features Walk-In Closet(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Common Area
Exterior
Exterior Feature None
Parking Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Amenities Available Clubhouse, Management, Recreation Room
View Y/N Yes
View City, Park/Greenbelt, Trees/Woods
Roof Type Flat
Garage No
Building
Lot Description Level
Story 18
Foundation Slab
Water Public
Structure Type Brick,Masonite
New Construction No
Schools
Elementary Schools Mt. Rose
Middle Schools Swope
High Schools Reno
Others
Tax ID 011-471-04
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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