$315,000
 $1,691 est/mo Sourced by Back At You

280 Island Avenue Apt 201,Reno, NV 89501

Reno, NV 89501

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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 thisfully turnkey, STR-approved, and centrally locatedare limited. Don't miss your chance to own in one of Reno's most desirable investment corridors.

Details

MLS #260004101
Listing TypeFor Sale
StyleCondominium
HOA Dues$748
Sub-TypeResale
StatusActive
Year1961
Days On Site141
Listing Provided ByReal Broker LLC | Lee Stevens

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet960
Story(s)18
ZoningMdrd
Acreage0.02
Property ViewYes

Interior

HeatingForced Air, Natural Gas
Heating Yes / NoYes
CoolingCentral Air
Cooling Yes / NoYes
Window FeaturesDouble Pane Windows
Interior FeaturesWalk-In Closet(s)
AppliancesDishwasher, Disposal, Microwave, Refrigerator
Fireplace Yes / NoNo
Fireplaces Total0

Exterior

RoofFlat
Exterior FeaturesNone
Security FeaturesSecurity Gate, Smoke Detector(s)
Lot FeaturesLevel
Construction MaterialsBrick, Masonite
Road ResponsibilityPublic Maintained Road
Foundation DetailsSlab
FencingNone

Parking

Parking FeaturesNone
Garage Yes / NoNo
Attached Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer

Location

Senior Community Yes / NoNo

Taxes

Property1338

Area Information

StateNV
CountyWashoe
CityReno
Zip Code89501
AreaWashoe
Community NamePark Towers
School DistrictReno
Elementary SchoolMt. Rose
High SchoolReno
Listing VS Median (in Park Towers)
Price:
$315,000
low | high
Med:
$200,000
86.507936507937% of Average
sqft:
960
low | high
Med:
596
87.96875% of Average
$ / sqft:
$328
low | high
Med:
$358
40.872199261014% of Average
On site:
141
low | high
Med:
171.5
82.215743440233% of Average
Sourced by Back At You

Market Activity 89501

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Learn More About This Property

StateNV
CountyWashoe
CityReno
Zip Code89501
AreaWashoe
Community NamePark Towers
School DistrictReno
Elementary SchoolMt. Rose
High SchoolReno
Listing VS Median (in Park Towers)
Price:
$315,000
low | high
Med:
$200,000
86.507936507937% of Average
sqft:
960
low | high
Med:
596
87.96875% of Average
$ / sqft:
$328
low | high
Med:
$358
40.872199261014% of Average
On site:
141
low | high
Med:
171.5
82.215743440233% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $236K - $393K
sqft: 720 - 1,000
Nearby Listings Property ImageNearby Listings Details
280 Island Avenue APT 1002 Property Photo 1
$205,000
280 Island Avenue Apt 1002
Reno, NV 89501
Listing Updated: July 31, 2026 at 2:52:25 PM PDT