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$315,000
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
$169,000
1 Beds ⋅ 1 Baths ⋅ 250002472 MLS
See for yourself this prime location of Downtown Living at the Park Tower in the heart of Reno! This unit is ready for you to just move in and is situated a stones throw from the best restaurants, shopping, casinos that the Biggest Little City has to offer! This centrally located one bedroom, one bathroom is only a block from Midtown and a must see! Enjoy panoramic views of Downtown Reno and the surrounding mountains that are sure to captivate your view!, HOA covers hot and cold water, sewer, garbage, heating and cooling and exterior maintenance. A party deck, conference room and library/TV room are available. Schedule a tour today!

280 Island Ave Unit 701, 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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