1 / 40280 Island #APT 1002, Reno, NV 89501
Reno, NV 89501
$205,000
- Beds
- 1
- Baths
- 2
- Sqft
- 751
- Lot
- 0.017 ac
- Built
- 1961
- Type
- Condo
- Status
- Active Under Contract
- MLS #
- 1179244027
About this home
Park Tower is a downtown Reno high rise that permits short term rentals. This 10th floor unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. This is a short sale and subject to lien holder approval. The building sits on Island Avenue directly above the Truckee River and Wingfield Park. The unit faces west with direct views of the river, the park, and the Sierra Nevada. The Riverwalk District is right outside with immediate access to dining, coffee, and nightlife. Mount Rose and Lake Tahoe are a short drive for skiing and year round outdoor access. The building features a shared rooftop deck. Buyers should conduct their own due diligence regarding income potential. Whether you are adding to a portfolio or executing a 1031 exchange, this is a rare opportunity to acquire a short term rental asset in downtown Reno.
Price history
| Mar 21, 2026 | Listed | $205,000 |
History since this listing entered our feed; earlier changes may not be shown.
Listing courtesy of RE/MAX Gold-Midtown · James Von Dorsten
Jerry has passed his licensing exams but is not yet a practicing agent. Biggest Little Realty does not represent buyers or sellers in real-estate transactions — Jerry personally connects you with licensed professionals. Nothing on this site is real-estate, legal, or financial advice.