$199,800
UNDER CONTRACT $20K PRICE DROP

Park Tower Condos 280 Island Ave Unit 906 Reno, NV 89501

MidTown Neighborhood

Estimated payment $1,858/month

Total Views 11,220
1 Bed
1.5 Baths
801 Sq Ft
$249 Price per Sq Ft

Highlights

  • Public Water Access
  • City View
  • Covered Patio or Porch
  • Mount Rose K-8 School of Languages Rated A-
  • Main Floor Primary Bedroom
  • 1-minute walk to Barbara Bennett Park

About This Home

Back on the market with NO fault to the seller. Priced well below recent appraisal! Experience the best of downtown Reno living at Park Towers! This turnkey 1 bed 1.5 bath offers unbeatable walkability to top restaurants, shopping, and iconic casinos, just one block from vibrant Midtown. Park Towers is one of the ONLY condo buildings in downtown Reno that allows short-term rentals (STRs), making this a rare opportunity for investors, house hackers, or anyone seeking flexible ownership. Soak in panoramic city and mountain views from your living room. HOA dues cover hot/cold water, sewer, trash, and all exterior maintenance—keeping ownership simple and stress-free. The unique offerings of a community business center with complimentary Wi-Fi and a rooftop terrace provide both convenience and a touch of luxury, allowing for work and relaxation against the backdrop of the city skyline. Parking garage is attached (spaces available via monthly fee/waitlist through HOA). Don't miss out on this unique, income-friendly opportunity in the heart of Reno!

Listing Agent

Jake Andronico

Address Income License #S.200197 Listed on: 06/13/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1961

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $721 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Concrete Block And Stucco Construction
  • Stick Built Home

Interior Spaces

  • 801 Sq Ft Home
  • Family or Dining Combination
  • Luxury Vinyl Tile Flooring
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Home Security

Outdoor Features

  • Public Water Access
  • River Nearby
  • Covered Patio or Porch

Schools

  • Mt. Rose Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Gas Water Heater
  • Private Sewer
  • Internet Available

Additional Features

  • Stair Lift
  • Mid level unit with steps

Listing and Financial Details

  • Assessor Parcel Number 011-474-06

Community Details

Overview

  • Association fees include insurance, utilities
  • First Service Residential Association, Phone Number (775) 324-0777
  • Reno Community
  • Park Towers Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • 15-Story Property

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,023

Year Built

Built in 1961

Lot Details

0

HOA Fees

$721 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.02
  • Road Frontage Type: City Street, Other
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Has View?: Yes
  • Water Body Name: Truckee River
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Association Amenities: Elevator(s), Landscaping, Maintenance Grounds, Maintenance Structure
  • Association Fees: 720.9
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 2488-o
  • Co List Office Phone: 775-233-0754
  • Special Conditions: Standard
  • Subdivision Name: Park Towers
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 801.0
  • Is New Construction?: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Mt. Rose
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1022.85
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 720.9
  • Building Stories5: 15
  • Lot Lot Size Acres2: 0.018
  • Lot Lot Size Square Feet2: 784.08
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: First Service Residential
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Association Community Senior Community Y N3: No
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-324-0777
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Association Amenities Elevator(s): Yes
  • Building New Construction Y N3: No
  • Lot Spa Y N: No
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Miscellaneous Zoning Info Historical District Y N: No
  • Security Features Carbon Monoxide Detector(s): Yes
  • Sewer Private Sewer: Yes
  • Lot Water Body Access Y N3: Yes
  • Outdoor Living Spaces Features Covered Patio: Yes
  • Common Walls2 Common Walls: Yes
  • Levels Three Or More: Yes
  • Association Type Condominium Owners Association: Yes
  • Construction Materials Concrete2: Yes
  • Water Body Access Type Public Accessible: Yes
  • Special Features: UnderContract
  • Stories: 15

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Lift or Stair Chair, Primary Downstairs
  • Window Features: Single Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 801.0
  • Interior Fireplace Y N: No
  • Interior Features Primary Downstairs: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Laundry Features Common Area2: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes
  • Interior Accessory Dwelling Unit Y N2: No
  • Flooring Luxury Vinyl: Yes
  • Family Room Features Dining Room Combination3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 15
  • View: City
  • Pool Features: None
  • Has Private Pool?: No
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof Flat: Yes
  • Lot Pool Private Y N: No
  • Lot Waterfront Y N2: No

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Internet Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Electric, Refrigerated
  • Heating: Electric, Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Condo/Co-op/Association

  • Association Name: First Service Residential

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011-474-06
  • Fencing: None
  • Lot Size Sq Ft: 784.08
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 1022.85

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Map

About Park Tower Condos

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,023 $51,407 $29,155 $22,252
2024 $1,023 $51,130 $28,945 $22,185
2023 $947 $44,385 $24,010 $20,375
2022 $892 $36,470 $19,775 $16,695
2021 $827 $33,716 $17,465 $16,251
2020 $781 $32,784 $16,415 $16,369
2019 $758 $31,697 $16,415 $15,282
2018 $708 $24,990 $10,010 $14,980
2017 $695 $24,127 $9,275 $14,852
2016 $676 $21,935 $7,385 $14,550
2015 $668 $20,127 $5,845 $14,282
2014 $668 $22,143 $5,845 $16,298
2013 -- $14,894 $3,500 $11,394
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Price Changed $199,800 -0.1% $249 / Sq Ft
08/15/2025 08/15/25 Price Changed $199,900 -9.1% $250 / Sq Ft
06/13/2025 06/13/25 For Sale $219,900 -10.2% $275 / Sq Ft
09/02/2020 09/02/20 Sold $245,000 -5.7% $306 / Sq Ft View Prior Sale
08/05/2020 08/05/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $259,900 -- $324 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $125,000 Core Title Group
Bargain Sale Deed $245,000 Stewart Title Company
Interfamily Deed Transfer -- Stewart Title Company
Bargain Sale Deed $69,000 Servicelink Irvine
Trustee Deed $217,607 Pasion Title Services
Bargain Sale Deed $348,500 First American Title
Bargain Sale Deed $1,276,500 First American Title
Bargain Sale Deed $602,550 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $114,750 Unknown
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250051482

Northern Nevada Regional MLS

APN: 011-474-06

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 906, Reno, NV

Under Contract

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Jake Andronico
Listing Agent
Jake Andronico
Section Image
Address Income
(775) 258-7451