Sold257d on market
280 Island Ave APT 1001
Reno, NV, 89501 • Riverwalk • Washoe County
$178,000
$416/sqft
1Beds
1Baths
428Sqft
0.01 acLot
1961Built
Property DNA
Scenic Views
City · Mountain(s)
Park Towers
Elevator(s) · Landscaping · Maintenance
Enhanced Security
Carbon Monoxide Detector(s) · Fire Sprinkler System · Keyless Entry
Outdoor Living
Patio
Ceramic Tile & Wood Floors
Quality flooring throughout
$337/mo HOA
Elevator(s) · Landscaping · Maintenance · Maintenance Grounds
This home is getting attention
Listed 257 days ago · 19 views · 1 saves
Market activity
Demand and pricing signals for this listing
19 views
People checking out this listing
1 saves
Buyers have saved this home
257 days on market
Established listing
$416/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 27% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1961
Downtown Reno Living at Its Best! Welcome to Park Towers, the only condominium complex in downtown Reno that allows short-term rentals—making this a rare investment opportunity! This updated, charming unit is perfect for those who want to live in the heart of the action or capitalize on Reno's thriving Airbnb market. Enjoy walking distance to Reno's iconic casinos, bars, restaurants, entertainment, and year-round events like Hot August Nights and Street Vibrations. Just one block from the vibrant Midtown District and right across the street from the beautiful Truckee River, this location is unbeatable. Inside, you'll find stylish upgrades including a custom barn door, a sleek hardwood breakfast bar and bamboo flooring. A floor-to-ceiling window provide stunning views of the city skyline and surrounding mountains. HOA covers nearly all utilities—just pay for electricity and internet—making ownership hassle-free. Whether you're a savvy investor or looking for your own downtown escape, this is a must-see!
Estimated monthly payment
Based on current rates
$1,498/month
Principal & Interest$924
Property Tax$178
Insurance$59
HOA$337
Down payment20% ($35,600)
3%50%
Est. 6.75% rate · 30yr fixed · $142,400 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1961
HeatingElectric
CoolingCentral Air, Refrigerated
ParkingParking Pad, None
HOA$337 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1961
Stories1
Systems
HeatingElectric
CoolingCentral Air, Refrigerated
RoofComposition,Shingle
ConstructionBrick, Stucco
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingParking Pad, None
FencingNone
Lot435.60 sqft
Location & Tax
NeighborhoodRiverwalk
ZoningMD/RD
Annual tax$728
Parcel01147409
Bathrooms & Fees
Full baths1
HOA$337/mo
Features & details
16 categories of property features
Interior Features
Interior
Pantry
Appliances
Disposal
Electric Oven
Oven
Refrigerator
Self Cleaning Oven
Flooring
Ceramic Tile
Wood
Heating
Electric
Cooling
Central Air
Refrigerated
Laundry
None
Windows
Aluminum Frames
Single Pane Windows
Exterior Features
Exterior
Balcony
Parking
Parking Pad
None
Construction
Brick
Stucco
Patio & Porch
Patio
Security
Carbon Monoxide Detector(s)
Fire Sprinkler System
Keyless Entry
Smoke Detector(s)
Views
City
Mountain(s)
Pool Features
None
Utilities
Cable Available
Electricity Connected
Internet Connected
Sewer Connected
Water Connected
Cellular Coverage
Other Structures
None
Listing insights
Market data and value estimates
StatusSold
Days on market257
Est. value$180,400
Est. rent$1,176/mo
Tax rate0.44%
Price/sqft$416
On marketJul 1, 2025
PostedJul 1, 2025
Last sold$178,000
MLS statusClosed
MLS updatedJul 23, 2025
Tour days6
Views19
Favorites1
How are the schools in Reno?
3 schools rated nearby
Location
Reno, NV, 89501
Price history
10 events
DateEventPrice$/sqftSource
Jul 23, 2025Sold$178,000$416NNRMLS
Jul 4, 2025Contingent$175,000$409NNRMLS
Jul 1, 2025Listed For Sale$175,000$409NNRMLS
Dec 4, 2024Listing Removed$1,425$3Zillow Rentals
Dec 2, 2024Listed For Rent$1,425$3Zillow Rentals
Jun 16, 2015Sold$109,000$255Agent Provided
Apr 17, 2015Price Change$109,000$255Solid Source Realty
Apr 2, 2015Listed For Sale$119,000$278Solid Source Realty
Feb 16, 2006Sold$132,000$308Public Record
Apr 9, 2002Sold$80,500$188Public Record
Sold$178,000
Jul 23, 2025•$416/sqft•NNRMLS
Contingent$175,000
Jul 4, 2025•$409/sqft•NNRMLS
Listed For Sale$175,000
Jul 1, 2025•$409/sqft•NNRMLS
Listing Removed$1,425
Dec 4, 2024•$3/sqft•Zillow Rentals
Listed For Rent$1,425
Dec 2, 2024•$3/sqft•Zillow Rentals
Sold$109,000
Jun 16, 2015•$255/sqft•Agent Provided
Price Change$109,000
Apr 17, 2015•$255/sqft•Solid Source Realty
Listed For Sale$119,000
Apr 2, 2015•$278/sqft•Solid Source Realty
Sold$132,000
Feb 16, 2006•$308/sqft•Public Record
Sold$80,500
Apr 9, 2002•$188/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2025$728$29,907
Apr 7, 2024$689$29,735
Apr 7, 2023$614$29,097
Apr 7, 2022$563$20,705
Apr 7, 2021$530$17,665
Apr 7, 2020$506$16,553
Apr 7, 2019$530$16,553
Apr 7, 2018$506$15,025
Apr 7, 2017$448$14,952
Apr 7, 2016$448$13,412
Apr 7, 2015$448$12,332
Apr 7, 2014$332$12,363
Apr 7, 2013$436$9,674
Apr 7, 2012—$9,674
Apr 7, 2011—$9,027
Apr 7, 2010—$10,189
Apr 7, 2009—$12,668
Apr 7, 2008—$12,788
Apr 7, 2007—$12,788
Apr 7, 2006—$10,272
Apr 7, 2005—$9,807
Apr 7, 2004—$7,369
Apr 7, 2003—$7,437
Nearby homes
Neighborhood details
Local context around this listing
Reno, NV • Washoe County
Nearby neighborhoods
Cold SpringsDamonte RanchEast UniversityKings RowMae AnneNortheastNorthwestSouth CentralSouthwestStead
Nearby cities
EmpireGerlachIncline VillageNixonRenoSparksSun ValleySutcliffe
Nearby zip codes
89502895038950689508895098951189512895198952189523
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