$1,750 Active
280 Island Avenue #APT 1406
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
525 Sq Ft

About This Property

Experience the best of downtown Reno in this fully furnished condo, now available for flexible lease terms of 30 days or longer. Whether you need a place for a month, several months, or up to a year, this property offers the perfect combination of comfort, convenience, and flexibility. This private unit occupies one side of a duplex-style layout, with the other side operating separately as an Airbnb. You'll enjoy your own secure entrance, ensuite bathroom, and thoughtfully designed living space. The condo comes fully furnished and stocked with everything you need, including furniture, linens, kitchenware, and everyday essentials—making it completely turnkey. Enjoy stunning, unobstructed views of downtown Reno, the Riverwalk District, and the surrounding mountains. Step outside and you'll be just moments away from restaurants, entertainment, and the Truckee River. Best of all, all utilities are included—electricity, water, internet, cable, and HOA services—ensuring a hassle-free living experience. This rental is an excellent fit for professionals on temporary assignments, traveling nurses, corporate tenants, or anyone in search of a flexible housing solution in a prime location. Contact us today to schedule a private showing. Pets upon approval.

Listed by Cameron Meals — Blue Sierra Realty

Listing Details

Status Active
MLS # 250054917
Days on Market 140
Price/Sq Ft $3

Property History

Jul 22, 2026
Listed for sale
$1,750
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 525
Lot Size 0.02 acres
Stories 18
Property Type Condominium
Subdivision Park Towers
STR Jurisdiction Washoe County
APN 011-475-14
Parking
Total Parking 1
Parking Features Under Building
Exterior & Lot
Exterior Features None
Lot Features Other
View City
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air
Cooling Central Air
Schools
Elementary School Mt. Rose
Middle School Out Of Area
High School Reno
HOA & Community
Community Amenities Parking, Elevator(s)
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($350)
Home price
$1,750
Loan details
30-yr fixed, 6.5%
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