Date
Details
Price
Change
Source
4/08/2026
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$330,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 280 Island Ave #APT 201
General
- Price: $330,000
- HOA FEE: $748/month
- Taxes: $1,338
- Status: Active
- Type: Condo
- Source: 2502
- MLS ID: 260004101
- Updated: Today (4/8/2026)
- Added to Site: Today
Interior
- Interior Features: Pantry, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Clubhouse, Management, Recreation Room
- Security/Safety: Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: None
Parking
- Parking Features: None
Location
- County: Washoe
- Subdivision: Park Towers
- Driving Directions: Arlington
School Information
- Elementary School: Mt. Rose
- Middle School: Swope
- High School: Reno
Community
- Association: Yes
- Assoc. Name: First Service Residential
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Brick, Masonite
- Roof: Flat
- Common Walls: 2+ Common Walls
- Windows: Double Pane Windows
- Stories/Levels: 18
- Building Size: 960
- Square Feet: 960
- Living Area: 960 Sq. Ft.
- Year Built: 1961
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Park/Greenbelt, Trees/Woods
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 960
- Frontage: Public
- Road Maintenance: Public Maintained Road
- Lot Features: Level
- Zoning: Mdrd
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $343.75
- Association Fee: Yes
- Association Fee: $748
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,338.54
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 011-471-04
Listed by Real Broker LLC, Lee Stevens (775) 527-4134
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Listing agent
— 280 Island Ave #APT 201 —
Lee Stevens
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NMLS#: 1598647
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Schools
Schools serving 280 Island Ave #APT 201
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Mount Rose Elementary School 915 Lander Street, Reno, NV 89509 | K-5 | 0.6 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.9 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 280 Island Ave #APT 201
Estimate the Cost
Estimate the Cost for 280 Island Ave #APT 201
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- Condo
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280 Island Avenue #APT 201, Reno, NV 89501 (MLS# 260004101) is a Condo property with 2 bedrooms and 2 full bathrooms. 280 Island Avenue #APT 201 is currently listed for $330,000 and was received on April 08, 2026. Want to learn more about 280 Island Avenue #APT 201? Do you have questions about finding other Condo real estate for sale in Reno Heights? You can browse all Reno Heights real estate or contact a Coldwell Banker agent to request more information.