$289,950

280 Island Ave Apt 1406 Reno, NV 89501

$3,443
Closing credit¹
1 bed
2 full
801 sqft
0.02 acres
$362 / sqft
Condo

Property details

About 280 Island Ave Apt 1406

Owner to contribute $5,000 towards buyers closing costs. INVESTOR ALERT! Discover an unparalleled opportunity with this high-performing Airbnb condo, boasting two exclusive, thoughtfully designed spaces (two separate Airbnb listings). Each space offers stunning, unobstructed views of downtown Reno, the vibrant Riverwalk District, & the surrounding mountains. The main unit features a full kitchen, while the secondary unit includes a convenient kitchenette., Both spaces offer private keyless entrances, ensuite full bathrooms. Plus, this exceptional property comes FULLY FURNISHED, complete with all necessary supplies—making it a seamless, turnkey investment. This unique condo is ideal for investors seeking a turnkey short-term rental operation or owner-occupants looking to offset living expenses. Perfect for multigenerational families or savvy buyers, the layout provides flexibility and privacy. Guests will appreciate the curated attention to detail designed to enhance their experience. A stocked supply closet ensures effortless property management, and the HOA covers nearly all utilities (excluding electricity and cable/internet). This is the only high rise building in the downtown area that allows Airbnb's. Don’t miss your chance to own this prime, income-generating property in the heart of Reno. See attached docs for last 3 years of gross income earnings for Airbnb business and all operating docs/inventory list. Call today to schedule a private tour and seize this rare opportunity.

Highlights

Home typeCondominium
HeatingElectric, Forced Air, Hot Water
StatusActive
CoolingCentral Air, Electric
Size801 sqft
Lot size0.02 Acres
Year built1961
ParkingCommon, Garage, Under Building
MLS #250000697
ViewCity, Mountain(s), Park

Summary

  • Full Bathrooms: 2
  • Appliances: Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Primary Downstairs
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Common, Garage, Under Building
  • View: City, Mountain(s), Park
  • Exterior: None
  • Heating: Electric, Forced Air, Hot Water
  • Cooling: Central Air, Electric
  • List Price: $289,950
  • Price/SqFt: $361
  • HOA Amount: $720 Monthly
  • Annual Tax Amount: $1,022
  • Tax Year: 2023
  • Lot: Level
  • Directions: Arlington
  • Year Built: 1961
  • Stories: 1
  • Living Area: 801 SqFt
  • Lot Size: 0.02 Acres
  • MLS Number: 250000697
  • Office Name: Blue Sierra Realty
  • Office Phone: (775) 720-4677
  • Listing Agent: Cameron Meals

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

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 other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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280 Island Ave Apt 1406, Reno, NV 89501

$289,950

280 Island Ave Apt 1406

$3,443

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 10, 2020
Home Sold
$215,000
Jan 02, 2020
Home Sold
$242,000
Mar 31, 2017
Home Sold
$190,500
Aug 01, 2005
Home Sold
$220,000
Jun 25, 2004
Home Sold
$162,000

Tax history

YearAssessmentProperty Tax
2023$44,385$1,022
2021$33,716$861
2020$32,784$861
2019$31,697$776
2018$24,990$716
2017$24,127$696

History based on county public records data.

Nearby schools

9

Mount Rose Elementary School

Public District KG-5

0.6 mi

915 Lander St

5

Veterans Memorial STEM Academy

Public District KG-5

1.1 mi

1200 Locust St

4

Libby C. Booth Elementary School

Public District KG-5

1.2 mi

1450 Stewart St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,274. The most common annual income of people living in Reno, NV is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

58%
<35k
27%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

84%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
24%
18-34 yrs old
50%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes

What do the neighbors drive?

  • OldsmobileOldsmobile
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 280 Island Ave Apt 1406

The listing price of 280 Island Ave Apt 1406 property is $289,950.

The property 280 Island Ave Apt 1406 is a condo located in Reno, Nevada, 89501.

Active Listing: 280 Island Ave Apt 1406 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 280 Island Ave Apt 1406 are: Mount Rose Elementary School (GreatSchools Rating 9/10), Veterans Memorial STEM Academy (GreatSchools Rating 5/10), Libby C. Booth Elementary School (GreatSchools Rating 4/10), E. Otis Vaughn Middle School (GreatSchools Rating 3/10), Coral Academy Middle School (GreatSchools Rating 6/10), Fred W. Traner Middle School (GreatSchools Rating 3/10), Innovations High School (GreatSchools Rating 1/10), Reno High School (GreatSchools Rating 5/10), The Davidson Academy of Nevada (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $1,022 (source: MLS/based on county public records data).

The last sale was on December 10, 2020 for $215,000 (source: MLS/tax record).

The property at 280 Island Ave Apt 1406 has 1 bedroom and 2 bathrooms.

The property 280 Island Ave Apt 1406 is 801 SqFt (source: MLS/tax record).

The year of construction for 280 Island Ave Apt 1406 is 1961.

This home is located at 280 Island Ave Apt 1406 in Reno, NV and zip code 89501 in the Downtown Reno Regional Center neighborhood. This 801 square foot home, which was built in 1961, sits on a 0.02 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $289,950.

In April 2025, from all listings sold in Reno, NV there were more than 45 sold above asking price, over 154 sold below and more than 88 were sold right at the asked price. The number of listings in Reno, NV increased by 11.8% between March and April 2025. In April 2025, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $578,091.

From Rocket Homes Real Estate and based on county public records data.

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