89501 Homes with Short Sale

Welcome to the vibrant heart of Reno, Nevada, where the zip code 89501 invites you to explore a unique blend of urban convenience and breathtaking natural beauty. Nestled in Washoe County, this area is renowned for its rich history, diverse culture, and stunning mountain vistas. Whether you’re drawn to the lively downtown scene or the serene landscapes surrounding the city, 89501 offers something for everyone.

In recent years, the real estate market in Reno has seen exciting developments, including a notable presence of short sale homes. A short sale occurs when a property is sold for less than the amount owed on the mortgage, often presenting a fantastic opportunity for savvy buyers looking to invest in the area. With a variety of homes available, from charming bungalows to modern condos, 89501 caters to a range of tastes and budgets.

Living in this dynamic zip code means you’ll enjoy access to an array of amenities, including trendy restaurants, boutique shopping, and vibrant entertainment options. Outdoor enthusiasts will find themselves in paradise, with nearby Lake Tahoe and the Sierra Nevada mountains offering year-round recreational activities.

Whether you’re a first-time homebuyer or looking to invest, the short sale opportunities in Reno’s 89501 zip code provide a gateway to not just a home, but a lifestyle filled with adventure and community spirit. Embrace the chance to find your dream home in this flourishing area, where every day feels like a new adventure waiting to unfold!

Newest 89501 Homes with Short Sale

$205,000

1 Beds ⋅ 2 Baths ⋅ 260003287 MLS

Park Tower is a 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 and subject to lien holder approval. 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.

280 Island Ave Unit APT 1002, Reno

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed