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 thisfully turnkey, STR-approved, and centrally locatedare limited. Don't miss your chance to own in one of Reno's most desirable investment corridors.
| MLS # | 260004101 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $748 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 141 |
| Listing Provided By | Real Broker LLC | Lee Stevens |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 960 |
| Story(s) | 18 |
| Zoning | Mdrd |
| Acreage | 0.02 |
| Property View | Yes |
| Heating | Forced Air, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Window Features | Double Pane Windows |
| Interior Features | Walk-In Closet(s) |
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Roof | Flat |
|---|---|
| Exterior Features | None |
| Security Features | Security Gate, Smoke Detector(s) |
| Lot Features | Level |
| Construction Materials | Brick, Masonite |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Slab |
| Fencing | None |
| Parking Features | None |
|---|---|
| Garage Yes / No | No |
| Attached Garage Yes / No | No |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Senior Community Yes / No | No |
|---|
| Property | 1338 |
|---|
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89501 |
| Area | Washoe |
| Community Name | Park Towers |
| School District | Reno |
| Elementary School | Mt. Rose |
| High School | Reno |
| Listing VS Median (in Park Towers) | |
Price: $315,000 low | high Med: $200,000 sqft: 960 low | high Med: 596 $ / sqft: $328 low | high Med: $358 On site: 141 low | high Med: 171.5 | |
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89501 |
| Area | Washoe |
| Community Name | Park Towers |
| School District | Reno |
| Elementary School | Mt. Rose |
| High School | Reno |
| Listing VS Median (in Park Towers) | |
Price: $315,000 low | high Med: $200,000 sqft: 960 low | high Med: 596 $ / sqft: $328 low | high Med: $358 On site: 141 low | high Med: 171.5 | |