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280 Island Avenue , Apt 201

Reno, NV 89501
  • $330,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 260004101
$330,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
Built:
1961
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Rare opportunity to own a fully furnished, income-producing condo in the heart of downtown Reno. Located at 280 Island Avenue, Unit 201, this turnkey property is short-term rental approved and ready to generate revenue from day one. Designed for both comfort and performance, this bright, open-concept unit features abundant natural light and a functional layout ideal for guests and extended stays. All furnishings are included, making this a true plug-and-play investment with immediate income potential. Positioned just steps from the Truckee River, Midtown, and Reno's top dining, nightlife, and entertainment, this location consistently attracts visitors year-round. Low-maintenance ownership combined with high-demand proximity makes this an ideal asset for both new and experienced investors. Proven rental history and/or projected income available upon request. Whether you're looking to expand your portfolio or secure a flexible second home that generates income when not in use, this property delivers. Opportunities like this—fully turnkey, STR-approved, and centrally located—are limited. Don't miss your chance to own in one of Reno's most desirable investment corridors.

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Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-17T00:19:36.783.
www.nevada.properties/homes/174950961
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280 Island Avenue , Apt 201 Reno, NV 89501

  • Price: $330,000
  • Status: Active
  • On Site: 8 Days
  • MLS #: 260004101
2
Beds
2
Baths
0
½ Baths
0.02
Acres
1961
Built
Neighborhood:
89501
County:
Washoe
Area:
89501
Elementary School:
Mt. Rose
Middle School:
Swope
High School:
Reno
Property Description
Rare opportunity to own a fully furnished, income-producing condo in the heart of downtown Reno. Located at 280 Island Avenue, Unit 201, this turnkey property is short-term rental approved and ready to generate revenue from day one. Designed for both comfort and performance, this bright, open-concept unit features abundant natural light and a functional layout ideal for guests and extended stays. All furnishings are included, making this a true plug-and-play investment with immediate income potential. Positioned just steps from the Truckee River, Midtown, and Reno's top dining, nightlife, and entertainment, this location consistently attracts visitors year-round. Low-maintenance ownership combined with high-demand proximity makes this an ideal asset for both new and experienced investors. Proven rental history and/or projected income available upon request. Whether you're looking to expand your portfolio or secure a flexible second home that generates income when not in use, this property delivers. Opportunities like this—fully turnkey, STR-approved, and centrally located—are limited. Don't miss your chance to own in one of Reno's most desirable investment corridors.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BrickMasonite Exterior Features None Foundation Details Slab Garage YN No Parking Features None Patio And Porch Features [] Pool Features [] Roof Flat Spa Features None Unit Level Mid Level Yes Window Features Double Pane Windows

Interior Features

Accessibility Features [] Appliances DishwasherDisposalMicrowaveRefrigerator Basement [] Building Area Total 960 Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating Forced AirNatural Gas Heating YN Yes Interior Features Walk-In Closet(s) Laundry Features Common Area Levels Three Or More Living Room Features Family Room Combination Yes Primary Bedroom Features Tub Shower Combinatio Yes

Property Features

Association Amenities ClubhouseManagementRecreation Room Association Fee 748 Association Fee Frequency Monthly Association Fee Includes [] Association YN Yes Body Type [] Buyer Financing [] Covenants Conditions Restrictions YN Yes Fencing None Green Energy Generation [] Horse YN No Listing Terms 1031 ExchangeCashConventional Lot Features Level Other Equipment [] Other Structures None Parking Total 0 Property Attached YN Yes Property Sub Type Condominium Road Frontage Type Public Road Responsibility Public Maintained Road Security Features Security GateSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type [] Tax Annual Amount 1338.54 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available View CityPark/GreenbeltTrees/Woods View YN Yes Water Body Type River Yes Water Body View Yes Yes Water Rights Water Rights YN No Water Source Public Waterfront Features [] Waterfront YN No Within City Limits YN Yes Zoning Mdrd

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Real Broker LLC: .

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-17T00:19:36.783.
 
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Theresa Nelson Real Estate | Sierra Sotheby's International Realty
13945 S. Virginia Street #606
Reno NV, 89523