Downtown living at its finest! 280 Island Ave #1105 is ready for its next owner, enjoy the outstanding views and being in the heart of the city, close to shopping, restaurants, music events, and all that the Truckee river has to offer! Park Towers Condos present a unique opportunity for investment, being one of the only short-term rental properties available in the downtown area. The HOA covers all utilities except for electricity., Parking garage attached, current owner does not have a spot and new owner would need to pay a monthly fee to obtain one - there is currently a waiting list as well. Inquire for details on garage parking fee. HOA monthly fee subject to change based on management company. Conference room and waiting area downstairs available to owners with on-site management. Building has secure front entrance with door code access.
Closed
$333,000
280 Island Ave APT 1105, Reno, NV 89501
1beds
965sqft
Condominium
Built in 1961
-- sqft lot
$331,400 Zestimate®
$345/sqft
$1,409 Estimated rent
Home value
$331,400
$305,000 - $358,000
$1,409/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 04:12am
Listed by:
John Ewing,
Stitser Properties
Bought with:
Derek Partridge, S.184732
Compass
Source: NNRMLS,MLS#: 240001698
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator
- Laundry: Common Area
Features
- Breakfast Bar, Elevator, Master Downstairs, Walk-In Closet(s)
- Flooring: Carpet, Wood
- Windows: Blinds, Double Pane Windows, Drapes, Rods
- Has fireplace: No
Interior area
- Total structure area: 965
- Total interior livable area: 965 sqft
Property
Parking
- Parking features: Assigned, Attached, Common, Garage, Under Building
- Has attached garage: Yes
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: City, Mountain(s), Park/Greenbelt, Trees/Woods
Lot
- Features: Level, Open Lot
Details
- Parcel number: 01147421
- Zoning: MD-RD
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
Community & neighborhood
Security
- Security features: Security Fence, Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Park Towers
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $560 monthly
- Amenities included: Gated, Maintenance Grounds, Maintenance Structure, Management
- Services included: Insurance, Utilities
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Listing removed | $1,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2024 | Price change | $1,700-10.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2024 | Price change | $1,900-11.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2024 | Listed for rent | $2,150+26.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Sold | $333,000-9.2%$345/sqft |
Source:  NNRMLS #240001698 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,212 +8% | $56,192 +0.5% |
| 2024 | $1,122 +5.9% | $55,909 +14.7% |
| 2023 | $1,060 +3.7% | $48,755 +21.7% |
Find assessor info on the county website
Neighborhood: Riverwalk
Nearby schools
GreatSchools rating
- 8/10Mount Rose Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.8 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.
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Estimated market value$331,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$331,400