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$315,000
2 Beds 2 Baths 260004189 MLS
Highrise Unit 403 at Park Towers, where modern urban living meets breathtaking natural beauty. Featuring an open-concept layout filled with abundant natural light and sweeping views of the mountains, downtown Reno, and the Truckee River. Enjoy truly hassle-free living with an HOA that covers most major utilities, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend more time enjoying everything the area has to offer. A standout feature of this property is its rare short-term rental flexibility, making it STR-friendly (short term rental) for Airbnb and VRBO**—an exceptional opportunity for investors or owners seeking additional income potential. Ideally located just steps from the Truckee River, Midtown Reno, Barbara Bennett Park, and Wingfield Park, you'll have easy access to scenic river walks, vibrant restaurants, nightlife, festivals, athletic events, and cultural attractions. An organic grocery co-op is also nearby, adding even more convenience to your daily routine. Whether you're a University of Nevada, Reno student, a working professional, an active athlete, a resting retiree, or simply looking for a stylish downtown residence, Unit 403 offers an exceptional lifestyle. With walkable access to parks, dining, shopping, groceries, recreation, and entertainment—and UNR just 10 minutes away—this home truly offers something for everyone.

280 Island Ave Unit APT 403, Reno

$320,000
2 Beds 2 Baths 260004101 MLS
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.

280 Island Ave Unit APT 201, Reno

$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.

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