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$349,950
2 Beds 2 Baths 260011483 MLS
Luxury riverside living 14 stories high! Park Towers, where the energy of Downtown Reno meets the natural beauty of the Truckee River and surrounding mountains. Unit 1403 features large windows in every room throughout the home, filling the residence with abundant natural light while showcasing sweeping views of the mountains, city skyline, and river. Enjoy true low-maintenance living in one of Reno's most walkable locations. Just outside your door are the Truckee River, Barbara Bennett Park, Wingfield Park, scenic walking and running trails, basketball and recreation areas, restaurants, nightlife, festivals, entertainment, and an organic grocery co-op. Midtown Reno and the University of Nevada, Reno are also just minutes away. A standout feature of this property is its rare short-term and mid-term rental flexibility, offering potential opportunities for Airbnb, VRBO, Furnished Finder, and other furnished rental strategies, subject to applicable HOA rules and local regulations. Whether you're looking for a primary residence, second home, or investment property, this flexibility adds another dimension to the property's appeal. The HOA further simplifies ownership by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend less time maintaining your home and more time enjoying the surrounding lifestyle. From professionals and UNR students to active residents, retirees, investors, or anyone seeking a stylish downtown retreat, Unit 1403 offers a unique combination of convenience, recreation, scenery, and accessibility. With parks, dining, shopping, groceries, recreation, entertainment, and the Truckee River all within easy reach, Park Towers delivers a downtown Reno lifestyle that is difficult to replicate.

280 Island Ave Unit APT 1403, Reno

Courtesy of Arturo Rangel and Epique Realty. Contact:

$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

Courtesy of Lee Stevens and Real Broker LLC. Contact:

$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

Courtesy of James Von Dorsten and RE/MAX Gold-Midtown. Contact:

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Data last updated on 06/28/2017.

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