About This Home

This 2-bedroom, 2-bathroom condo at 280 Island Avenue Apt 1403 in Reno, NV is listed for $349,500 ($265 per sqft). Built in 1961, the home offers 1,321 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1961
  • 0.03 acre lot
  • 200 parking spaces
  • Waterfront

Property Details

1 story
2 full
200 spaces
Apt 1403
1961

Amenities

WaterfrontViewA/C
Listing Description

Luxury riverside living 14 stories high! Park Towers, where the energy of Downtown Reno meets the natural beauty of the Truckee River and surrounding mountains. Unit 1403 features large windows in every room throughout the home, filling the residence with abundant natural light while showcasing sweeping views of the mountains, city skyline, and river.

Enjoy true low-maintenance living in one of Reno's most walkable locations. Just outside your door are the Truckee River, Barbara Bennett Park, Wingfield Park, scenic walking and running trails, basketball and recreation areas, restaurants, nightlife, festivals, entertainment, and an organic grocery co-op.

Midtown Reno and the University of Nevada, Reno are also just minutes away. A standout feature of this property is its rare short-term and mid-term rental flexibility, offering potential opportunities for Airbnb, VRBO, Furnished Finder, and other furnished rental strategies, subject to applicable HOA rules and local regulations.

Whether you're looking for a primary residence, second home, or investment property, this flexibility adds another dimension to the property's appeal. The HOA further simplifies ownership by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend less time maintaining your home and more time enjoying the surrounding lifestyle.

From professionals and UNR students to active residents, retirees, investors, or anyone seeking a stylish downtown retreat, Unit 1403 offers a unique combination of convenience, recreation, scenery, and accessibility. With parks, dining, shopping, groceries, recreation, entertainment, and the Truckee River all within easy reach, Park Towers delivers a downtown Reno lifestyle that is difficult to replicate.

Monthly Cost Estimate

$3,058/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,515
Insurance$102
HOA$1,189

Estimates only. Actual payments may vary.

Location

280 Island Avenue Apt 1403

Reno, NV 89501

Park Towers

Features & Amenities

Interior Features

ElevatorLift or Stair ChairPrimary DownstairsWalk-In Closet(s)

Exterior Features

BalconyRain Gutters

Property Details

Flooring

Wood

Construction

Steel Frame Stucco

Views

City

Outdoor Features

PorchDeck

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalDryerElectric CooktopMicrowaveOvenRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 280 Island Avenue is listed at $349,500 ($265/sqft). The estimated monthly payment is $3,058 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1189/month.

Key features include: Built in 1961, 0.03 acre lot, 200 parking spaces, Waterfront. Interior Features: Elevator, Lift or Stair Chair, Primary Downstairs. Exterior Features: Balcony, Rain Gutters.

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# 260011483· Source: Northern Nevada Regional MLS, Inc.· 57 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 1403, Reno, NV 89501

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