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280 Island Avenue #APT 1002, 
Reno, NV 89501

$205,000


1

Bed


2

Baths


751

Sq Ft


Condo

Active

Listed by

James Von Dorsten

RE/MAX Gold-Midtown

775-391-5435

Last updated:

May 23, 2026, 03:13 PM

MLS#

260003287

Source:

NV NNRMLS

About This Home

280 Island Avenue #APT 1002

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. Cash and 1031 exchange offers only. 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.

Home Facts

Condo

2 Baths

1 Bedroom

Built in 1961

Price Summary

205,000

$272 per Sq. Ft.

MLS #:

260003287

Last Updated:

May 23, 2026, 03:13 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

751 Sq. Ft.


Structure

Structure

Building Area:

751 Sq. Ft.

Year Built:

1961


Lot

Lot Size (Sq. Ft):

751


Finances & Disclosures

Finances

Price:

$205,000

Price per Sq. Ft:

$272 per Sq. Ft.

Source:NV NNRMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.