280 Island Avenue APT 1002, Reno, NV 89501

• 1 bed |
• 2 baths |
• 751 sqft

Property Description

Welcome to Park Tower, centrally located in downtown Reno, where adventure meets opportunity. Park Tower stands as the only downtown high-rise that permits short-term rentals, and that distinction is exactly what sets this one-bedroom, two-bathroom unit apart. Located on the 10th floor with sweeping west-facing views, this unit looks out over the cascading waters of the Truckee River, Wingfield Park, and the Sierra Nevada range. Watch kayakers and fly fishers work the river below and step into the Riverwalk District where Reno's best dining, coffee shops, and nightlife are right there. Mount Rose and Lake Tahoe are a short drive for skiers, snowboarders, and outdoor winter enthusiasts of all kinds. The unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. It is offered as a turnkey income-producing asset. The building also features a shared rooftop deck with views that speak for themselves. Whether you are targeting a 1031 exchange, adding to an existing portfolio, or simply looking for an income-producing asset, this is a rare setup in a market where short-term rental permits in the downtown condo market have become nearly impossible to find.

Listing Status:

Active

Date Added:

March 22, 2026

Data Last Updated:

April 2, 2026 at 12:41AM

Listing Office:

RE/MAX Gold-Midtown : 775-391-5435

Listing Agent:

James Von Dorsten : 775-691-1424

MLS ID:

260003287

Interior

• General: Ceiling Fan(s)Breakfast BarWalk-In Closet(s)
• Appliances: DisposalDishwasherElectric OvenElectric RangeMicrowaveRefrigerator
• Laundry: Common AreaLaundry RoomSink
• Flooring: Ceramic TileLaminate
• A/C: Central AirElectric
• Heating: ElectricForced Air
• Fireplace: Fireplaces: 0

Exterior

• General: None
• Other Structures: None
• Parking: DetachedGarageUnder BuildingPermit RequiredParking spaces: 0

Construction

• Roofing: Flat
• Windows: BlindsDouble Pane WindowsMetal Frames
• General: BrickMasonite17Slab

Location

• Road/Access: Public
• HOA Amenities: GatedManagementInsuranceCooling675.9Monthly
• County: Washoe

Lot

• Zoning: MD-RD011-474-10
• View: CityMountain(s)Park/GreenbeltTrees/WoodsView
• Fencing: None

Utilities

• Utilities: Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater AvailableCellular CoverageInternet Available
• Water: Public
• Sewer: Public Sewer