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Active
    • Price cut: $5K (7/6)
    $315,000

    280 Island Ave APT 403, Reno, NV 89501

    2beds
    1,321sqft
    : 
    $3,285/mo
    Get pre-qualified
    Condominium
    Built in 1961
    -- sqft lot
    $310,800 Zestimate®
    $238/sqft
    $1,189/mo HOA

    What's special

    Open-concept layoutAbundant natural light
    Highrise Unit 403 at Park Towers, where modern urban living meets breathtaking natural beauty. Featuring an open-concept layout filled with abundant natural light and sweeping views of the mountains, downtown Reno, and the Truckee River. Enjoy truly hassle-free living with an HOA that covers most major utilities, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend more time enjoying everything the area has to offer. A standout feature of this property is its rare short-term rental flexibility, making it STR-friendly (short term rental) for Airbnb and VRBO**—an exceptional opportunity for investors or owners seeking additional income potential. Ideally located just steps from the Truckee River, Midtown Reno, Barbara Bennett Park, and Wingfield Park, you'll have easy access to scenic river walks, vibrant restaurants, nightlife, festivals, athletic events, and cultural attractions. An organic grocery co-op is also nearby, adding even more convenience to your daily routine. Whether you're a University of Nevada, Reno student, a working professional, an active athlete, a resting retiree, or simply looking for a stylish downtown residence, Unit 403 offers an exceptional lifestyle. With walkable access to parks, dining, shopping, groceries, recreation, and entertainment—and UNR just 10 minutes away—this home truly offers something for everyone.
    125 days
    |
    2,824
    |
    78
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Arturo Rangel S.179896 775-219-2179,

    Epique Realty

    Source: NNRMLS,MLS#: 260004189MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Oven, Microwave
      • Laundry: Common Area, Sink
      Features
      • Breakfast Bar, Ceiling Fan(s), Elevator, Entrance Foyer, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Stone, Varies
      • Windows: Blinds, Drapes, Single Pane Windows
      • Has fireplace: No
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,321
      • Total interior livable area: 1,321 sqft

      Property

      Parking
      • Parking features: Carport, Garage
      • Has garage: Yes
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 17
      • Patio & porch: Porch, Patio
      • Exterior features: Balcony, Rain Gutters
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: City, Mountain(s)
      Lot
      • Size: 1,306 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 01147211
      • Zoning: MD-RD

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete, Glass
      • Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
      • Roof: Flat,Membrane
      Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Park Towers
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s), Management
      • Services included: Cooling, Electricity, Maintenance Structure, Sewer, Trash
      • HOA fee: $1,189 monthly
      • HOA name: Park Towers
      Location
      • Region: Reno

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $224,656
      • Annual tax amount: $1,824
      • Date on market: 4/9/2026
      • Cumulative days on market: 125 days
      • Listing terms: 1031 Exchange,Cash,Conventional,Owner May Carry

        Estimated market value

        $310,800

        $295,000 - $326,000

        $2,167/mo

        Price history

        DateEventPrice
        7/6/2026Price change$315,000-1.5%$238/sqft
        Source: NNRMLS #260004189 Report a problem
        4/9/2026Listed for sale$319,950+156%$242/sqft
        Source: NNRMLS #260004189 Report a problem
        6/10/2011Sold$125,000+0.3%$95/sqft
        Source: Public Record Report a problem
        4/28/2011Listed for sale$124,600+39.6%$94/sqft
        Source: isNowListed.com Report a problem
        4/7/2011Sold$89,266-52.4%$68/sqft
        Source: Public Record Report a problem
        11/5/2003Sold$187,500$142/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,824 +6.6%$78,630 -3.7%
        2025$1,712 +6.2%$81,665 +1.2%
        2024$1,612 +11.2%$80,724 +5%
        2023$1,449 +10.9%$76,892 +27.1%
        2022$1,307 +4.2%$60,495 +26.9%
        2021$1,255 +4.7%$47,685 -3.2%
        2020$1,198 -4.5%$49,275
        2019$1,255 +4.7%$49,275 +28.7%
        2018$1,198 +14.4%$38,275 +0.6%
        2017$1,048 $38,053 +12.9%
        2016$1,048 $33,711 +12.6%
        2015$1,048 +1.7%$29,939 -10%
        2014$1,030 $33,263 +27.7%
        2013$1,030 $26,046
        2012-- $26,046 +29%
        2011-- $20,189 -12.8%
        2010-- $23,163 -15.2%
        2009-- $27,309 -4.2%
        2008-- $28,518
        2007-- $28,518 +12.5%
        2006-- $25,350 +5.8%
        2005-- $23,956 +7.5%
        2004-- $22,291 -0.9%
        2003-- $22,496
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Riverwalk

        Getting around

        98 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mt. Rose
        • Middle: Swope
        • High: Reno

        Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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