Nestled in the iconic "Park Towers" high-rise, Unit 403 offers a captivating blend of mid-century charm and modern convenience with plenty of potential left to take over! Featuring an open layout, abundant natural light, and sweeping views of the Mountains, City and the Truckee River. Residents enjoy the rare advantage of short-term rental flexibility a standout feature of Park Towers that makes this unit a compelling investment opportunity. STR (Short term rental) friendly- AIRBNB & VRBO! The HOA covers most utilities—including water, sewer, trash, heating, cooling, and exterior maintenance—ensuring hassle-free living. Step outside to the building's shared amenities: a party deck, conference room, and library, perfect for entertaining or unwinding with a book. Located just steps from the Truckee River, Midtown Reno, and Wingfield Park, you're perfectly positioned for riverside strolls, vibrant nightlife, and cultural events Whether you're seeking a stylish urban residence or down town party central. Walking distance to an organic co-op, local eateries, coffee shops, and scenic parks. Enjoy walkable access to nature, dining, and vibrant downtown amenities right outside your door. 2nd Bedroom and 2nd bathroom are not featured as they are currently tenant occupied. 24 hour notice required to see the entire unit.
Active
$319,950
280 Island Ave APT 403, Reno, NV 89501
2beds
1,321sqft
Condominium
Built in 1961
-- sqft lot
$308,300 Zestimate®
$242/sqft
$1,189/mo HOA
What's special
Abundant natural lightOpen layout
- 76 days |
- 994 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Arturo Rangel S.179896 775-219-2179,
Epique Realty
Source: NNRMLS,MLS#: 260004189
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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: $242/sqft
- Tax assessed value: $224,656
- Annual tax amount: $1,824
- Date on market: 4/9/2026
- Cumulative days on market: 76 days
- Listing terms: 1031 Exchange,Cash,Conventional,Owner May Carry
Estimated market value
$308,300
$293,000 - $324,000
$2,069/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $319,950+156%$242/sqft |
Source:  NNRMLS #260004189 Report a problem | ||
| 6/10/2011 | Sold | $125,000+0.3%$95/sqft |
Source: Public Record Report a problem | ||
| 4/28/2011 | Listed for sale | $124,600+39.6%$94/sqft |
Source: isNowListed.com Report a problem | ||
| 4/7/2011 | Sold | $89,266-52.4%$68/sqft |
Source: Public Record Report a problem | ||
| 11/5/2003 | Sold | $187,500$142/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $22,496 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Riverwalk
Nearby schools
GreatSchools rating
- 8/10Mount Rose Elementary SchoolGrades: K-8Distance: 0.6 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 1.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Washoe County
- Reno
- 89501
- Riverwalk
- 280 Island Ave Apartment 403
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