$3,800 Closing Credit¹
#250005384, Chloe Pierce, Listing office: RE/MAX Professionals-Reno
$315,000 List price
280 Island Ave Unit 1002 Reno, NV 89501
$3,741
Closing credit¹
1 bed
2 full
751 sqft
0.02 acres
$419 / sqft
Condo
Property details
About 280 Island Ave Unit 1002
The legendary Park Tower in Reno offers a rare find, one of the only downtown high rises still allowing short term rentals, an exciting prospect whether you're a new or savvy real estate investor, eyeing unique opportunities. This stunning 1-bedroom, 2-bathroom condo has been thoughtfully converted into two rentable Airbnb units with separate locked entrances and a history of consistent bookings, making it a truly turnkey investment opportunity. Savor jaw dropping views of the Truckee River, Wingfield Park, and the Sierra Mountains from Mount Rose to Peavine Peak. Enjoy coffee as kayakers paddle by or tap into the vibrant city vibe. Close to top tier dining, shopping, and entertainment, this gem invites exploration for investment potential or lifestyle appeal. A shared rooftop deck and nearby hiking trails call to adventurers, while Lake Tahoe's world class skiing, beaches, and water sports sit just a short drive away. Don't wait, schedule a showing today!
Highlights
Home typeCondominium
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air, Electric
Size751 sqft
Lot size0.02 Acres
Year built1961
ParkingAssigned, Common, Under Building
MLS #250003552
ViewCity, Mountain(s), Park, Trees/Woods
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring Type: Ceramic Tile, Laminate
- Interior: Ceiling Fan(s), Elevator, Lift or Stair Chair
- Total Bedroom Count: 1
- Attached Garage: No
- Parking: Assigned, Common, Under Building
- View: City, Mountain(s), Park, Trees/Woods
- Exterior: None
- Heating: Electric, Forced Air
- Cooling: Central Air, Electric
- List Price: $315,000
- Price/SqFt: $419
- HOA Amount: $675 Monthly
- Lot: Corner Lot, Level
- Directions: Arlington/Island Ave.
- Year Built: 1961
- Stories: 4
- Living Area: 751 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 250003552
- Office Name: RE/MAX Gold-Midtown
- Office Phone: (775) 391-5435
- Listing Agent: James VonDorsten
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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: 6/22/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
280 Island Ave Unit 1002
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $24,274. Residents of Reno, NV typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area 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 Skating
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Chico's
Family Dollar
Burlington
Where do the neighbors go to eat?
Bob Evans
Church's Chicken
Popeyes
What do the neighbors drive?
Oldsmobile
Cadillac
Dodge
What do the neighbors listen to?
News
Jazz
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 280 Island Ave Unit 1002
The listing price of 280 Island Ave Unit 1002 property is $315,000.
The property 280 Island Ave Unit 1002 is a condo located in Reno, Nevada, 89501.
Active Listing: 280 Island Ave Unit 1002 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 280 Island Ave Unit 1002 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).
The property at 280 Island Ave Unit 1002 has 1 bedroom and 2 bathrooms.
The property 280 Island Ave Unit 1002 is 751 SqFt (source: MLS/tax record).
The year of construction for 280 Island Ave Unit 1002 is 1961.
This home is located at 280 Island Ave Unit 1002 in Reno, NV and zip code 89501 in the Downtown Reno Regional Center neighborhood. This 751 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 March 21, 2025 and is currently priced at $315,000.
Reno, NV housing market in May 2025 saw over 54 listings sold above listed price, more than 89 sold at listed price and over 175 sold below. In May 2025 in Reno, NV there were 14% more homes for sale than in April. Listings spent 76 days on the market in May 2025, and had a median list price of $576,061 during the same period.
From Rocket Homes Real Estate and based on county public records data.