About This Home

This 1-bedroom, 1-bathroom condo at 280 Island Avenue Apt 602 in Reno, NV is listed for $249,950 ($333 per sqft). Built in 1961, the home offers 751 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1961
  • 0.02 acre lot
  • Waterfront

Property Details

1 story
1 full
Apt 602
1961

Amenities

WaterfrontViewA/C
Listing Description

Location, luxury & low maintenance - downtown living with all the views and natural amenities! Featuring the Truckee River, Sierra Nevada Mountains, and Reno City views! Located next to Barbarra Benett & Wingfield Park with their badminton and basketball courts as well as a natural lap around the park, walking and running trails, basketball and rec

reation areas, restaurants, bars, nightlife, festivals, entertainment, and a organic store behind the building; Park Towers offers an exceptional combination of location, lifestyle, convenience, and investment potential in the heart of Reno. Whether you are an athlete, retiree, primary homeowner, University student, or an investor looking for a Sho

rt term rental friendly property (AIRBN, VRBO, Furnished Finders) and beyond this property is perfect for many situations. UNR is only 7 minutes away! The floor plan provides defined living spaces while abundant natural light creates a bright and inviting atmosphere throughout.

Enjoy true low-maintenance, walkable Downtown Reno living with nearly everything you need close by. INVESTMENT OPPORTUNITY! One of the property's most distinctive features is its rare rental flexibility, with potential for short-term and mid-term rental strategies, including platforms such as Airbnb, VRBO, and Furnished Finder, subject to current HOA requirements.

This flexibility may make Unit 602 especially attractive to buyers seeking a Downtown Reno investment property. The HOA makes ownership even easier by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance-providing the convenience of a lock-and-leave lifestyle with fewer day-to-day maintenance responsibilities.

Whether you're searching for a Downtown Reno condo, Truckee River residence, UNR-area property, second home, investment opportunity, or simply a low-maintenance home this is an option you don't want to skip!

Monthly Cost Estimate

$2,013/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73
HOA$676

Estimates only. Actual payments may vary.

Location

280 Island Avenue Apt 602

Reno, NV 89501

Park Towers

Features & Amenities

Interior Features

ElevatorLift or Stair ChairPrimary DownstairsWalk-In Closet(s)

Property Details

Flooring

LaminateTile - CeramicCarpet

Construction

Brick Stucco

Views

City

Heating

Natural Gas

Cooling

Central Air

Appliances

DishwasherElectric OvenElectric RangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 280 Island Avenue is listed at $249,950 ($333/sqft). The estimated monthly payment is $2,013 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $676/month.

Key features include: Built in 1961, 0.02 acre lot, Waterfront. Interior Features: Elevator, Lift or Stair Chair, Primary Downstairs.

This property is listed by Arturo Rangel.

AR

Arturo Rangel

License S.179896

Agent at Epique Realty of Nevada

Listed by Epique Realty of Nevada · Broker phone: (888) 893-3537 · View on Broker Site · Broker website

MLS# 260011861· Source: Northern Nevada Regional MLS, Inc.· 47 days on PropertySimple

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

280 Island Avenue Apt 602, Reno, NV 89501

Open this listing in: