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ActiveErrorPrice cut: $5K (7/31)
$315,000
2beds
960sqft

280 Island Ave APT 201, Reno, NV 89501

2beds
960sqft
Condominium
Built in 1961
None
$328 price/sqft
$748/mo HOA

What's special

Bright open-concept unitFully furnishedAll furnishings are includedAbundant natural light

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 ...

126 days
|
1,481
|
47
|
Source: NNRMLS,MLS#: 260004101MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Lee Stevens S.186369 775-527-4134,

Real Broker LLC,

Charles Ko S.202601 775-362-7868,

Real Broker LLC

Source: NNRMLS,MLS#: 260004101MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
Heating
  • Forced Air, Natural Gas
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Disposal, Microwave, Refrigerator
  • Laundry: Common Area
Features
  • Walk-In Closet(s)
  • Flooring: Laminate
  • Windows: Double Pane Windows
  • Has fireplace: No
  • Common walls with other units/homes: 2+ Common Walls
Interior area
  • Total structure area: 960
  • Total interior livable area: 960 sqft
Video & virtual tour

Property

Parking
  • Parking features: None
Features
  • Levels: Three Or More
  • Stories: 18
  • Exterior features: None
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City, Park/Greenbelt, Trees/Woods
Lot
  • Size: 871 Square Feet
  • Features: Level
Details
  • Additional structures: None
  • Parcel number: 01147104
  • Zoning: Mdrd

Construction

Type & style
  • Home type: Condo
  • Property subtype: Condominium
  • Attached to another structure: Yes
Materials
  • Brick, Masonite
  • Foundation: Slab
  • Roof: Flat
Condition
  • New construction: No
  • Year built: 1961

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community
  • Security: Security Gate, Smoke Detector(s)
  • Subdivision: Park Towers
HOA
  • Has HOA: Yes
  • Amenities included: Clubhouse, Management, Recreation Room
  • HOA fee: $748 monthly
  • HOA name: First Service Residential
Location
  • Region: Reno

Financial & listing details

  • Price per square foot: $328/sqft
  • Tax assessed value: $155,157
  • Annual tax amount: $1,338
  • Date on market: 4/8/2026
  • Cumulative days on market: 492 days
  • Listing terms: 1031 Exchange,Cash,Conventional

Price history

DateEventPrice
7/31/2026Price change$315,000-1.6%$328/sqft
Source: NNRMLS #260004101 Report a problem
5/24/2026Price change$320,000-3%$333/sqft
Source: NNRMLS #260004101 Report a problem
4/8/2026Listed for sale$330,000-7%$344/sqft
Source: NNRMLS #260004101 Report a problem
10/28/2025Listing removed$355,000$370/sqft
Source: NNRMLS #240013781 Report a problem
2/12/2025Price change$355,000-1.4%$370/sqft
Source: NNRMLS #240013781 Report a problem
10/27/2024Listed for sale$360,000-5.3%$375/sqft
Source: NNRMLS #240013781 Report a problem
7/14/2023Sold$380,000-7.2%$396/sqft
Source: NNRMLS #230007922 Report a problem
7/12/2022Listing removed--
Source: NNRMLS #220006439 Report a problem
6/24/2022Price change$409,500-0.7%$427/sqft
Source: NNRMLS #220006439 Report a problem
5/11/2022Listed for sale$412,500+92.3%$430/sqft
Source: NNRMLS #220006439 Report a problem
8/7/2020Sold$214,500-5.5%$223/sqft
Source: NNRMLS #200006406 Report a problem
6/12/2020Pending sale$227,000$236/sqft
Source: Dickson Realty - Damonte Ranch #200006406 Report a problem
5/21/2020Listed for sale$227,000$236/sqft
Source: Dickson Realty - Damonte Ranch #200006406 Report a problem
10/3/2019Listing removed$227,000$236/sqft
Source: Dickson Realty - Damonte Ranch #190003622 Report a problem
6/7/2019Price change$227,000-3.4%$236/sqft
Source: Dickson Realty - Damonte Ranch #190003622 Report a problem
3/25/2019Listed for sale$235,000-5.6%$245/sqft
Source: Dickson Realty - Damonte Ranch #190003622 Report a problem
10/31/2018Listing removed$249,000$259/sqft
Source: RE/MAX REALTY AFFILIATES #180005005 Report a problem
10/12/2018Price change$249,000-7.4%$259/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
9/24/2018Price change$269,000-5.9%$280/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
9/6/2018Price change$286,000-3.9%$298/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
7/30/2018Price change$297,500-2.6%$310/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
6/28/2018Price change$305,500-2.9%$318/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
6/7/2018Price change$314,500-1.7%$328/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
5/3/2018Price change$319,900-1.5%$333/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
4/19/2018Listed for sale$324,900+124.1%$338/sqft
Source: RE/MAX Realty Affiliates-Reno #180005005 Report a problem
2/17/2004Sold$145,000-78.8%$151/sqft
Source: Public Record Report a problem
12/20/2002Sold$683,550-76.6%$712/sqft
Source: Public Record Report a problem
3/29/2002Sold$2,919,150$3,041/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2026$1,339 +6.5%$54,305 -3.5%
2025$1,257 +8%$56,273 +0.5%
2024$1,164 +10%$55,998 +14.7%
2023$1,059 +7.8%$48,818 +21.7%
2022$982 +5.9%$40,101 +7.6%
2021$927 +4.7%$37,253 +6.3%
2020$885 -4.5%$35,044
2019$927 +4.7%$35,044 +23.9%
2018$885 +13.9%$28,274 +3.3%
2017$777 $27,367 +9.2%
2016$777 $25,064 +7.8%
2015$777 -3.7%$23,255 -9.3%
2014$807 $25,650 +55.2%
2013$807 $16,530
2012-- $16,530 +1.9%
2011-- $16,224 -13.6%
2010-- $18,781 -15.5%
2009-- $22,219 -2.4%
2008-- $22,755
2007-- $22,755 +12.4%
2006-- $20,237 +5.6%
2005-- $19,169 +13.6%
2004-- $16,879 -0.9%
2003-- $17,038

Find assessor info on the county website

Monthly payment

Est. payment
$2,479/mo
Principal & interest
$1615
HOA Fees
$748
Property taxes
$116
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Riverwalk

Nearby schools

Mount Rose Elementary School
Grades K-8 • 0.6 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Academic Progress Rating
8/10
Reno High School
Grades 9-12 • 0.9 miles
7/10
GreatSchools® Rating
College Readiness Rating
7/10
Darrell C Swope Middle School
Grades 6-8 • 1.9 miles
6/10
GreatSchools® Rating
Test Score Rating
8/10
Academic Progress Rating
2/10

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