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$305,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 960 Sq. Ft.
See This Home
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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 for 280 Island Ave #APT 201

General

  • Sold For: $305,000
  • HOA FEE: $748/month
  • Taxes: $1,338
  • Status: Closed
  • Type: Condo
  • Source: 2502
  • MLS ID: 260004101
  • Added to Site: 186 day(s) ago

Interior

  • Interior Features: 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.: $328.13
  • 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 and Real Broker LLC, Charles Ko (775) 362-7868
Sold by RE/MAX Gold-Midtown, Brenda Novak-Allen

Listing agents

— 280 Island Ave #APT 201 —

  • Lee Stevens

    Real Broker LLC

  • Charles Ko

    Real Broker LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 280 Island Ave #APT 201

School District:Washoe County School District
NameGradesDistance
Mount Rose Elementary School
915 Lander Street, Reno, NV 89509
K-50.6 mi
Darrell C Swope Middle School
901 Keele Drive, Reno, NV 89509
6-81.9 mi
Reno High School
395 Booth Street, Reno, NV 89509
9-120.8 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

Date
Details
Price
Change
Source
9/17/2026
Sold
$305,000
-3.17%
MLS
8/01/2026
Price Reduced
$315,000
-1.56%
MLS
5/24/2026
Price Reduced
$320,000
-3.03%
MLS
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.

Listed by Real Broker LLC, Lee Stevens (775) 527-4134 and Real Broker LLC, Charles Ko (775) 362-7868
Sold by RE/MAX Gold-Midtown, Brenda Novak-Allen

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280 Island Avenue #APT 201, Reno, NV 89501 (MLS# 260004101) is a Condo property that was sold at $305,000 on September 17, 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? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.