First-Time Buyers
- Studios from $190K — attainable downtown entry
- Walkable to river, dining, and the ballpark
- HOA-covered building maintenance
- Nevada zero income tax stretches the budget
Truckee Riverfront Condos · Riverwalk Towers · Downtown Reno NV
Riverwalk Towers Condos For Sale
Nevada Real Estate Group — your Riverwalk Towers specialists. Search riverfront high-rise condos for sale in Downtown Reno's former Comstock tower: studios to penthouses from $190K, steps to the Truckee River, kayak park, and Riverwalk District, with Nevada's zero state income tax.
MEDIAN LIST PRICE (ZIP 89501)
$320K
RSAR / NNRMLS, ZIP 89501, June 2026
DAYS ON MARKET
40
RSAR / NNRMLS, June 2026
BUILDING TYPE
Riverfront High-Rise
community-data-north.json
TO THE TRUCKEE RIVER
Steps away
200 W. 2nd Street
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
June 21, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About Riverwalk Towers at a Glance?
Riverwalk Towers is a 15-story riverfront condo building in Downtown Reno ZIP 89501, with units priced from $190K to $600K+ and a median list price near $320,000 per Reno/Sparks Association of REALTORS and NNRMLS data. The five takeaways below capture what those numbers mean for buyers in this Nevada State Demographer-tracked Washoe County building.
- Building type: A 15-story riverfront high-rise on the Truckee River at 200 W. 2nd Street — the former Comstock Hotel, gutted and reopened as the Residences at Riverwalk condos in 2006.
- Median list price (ZIP 89501): $320,000 (June 2026) — ranging from roughly $190K for compact studios to $600K+ for two-bedroom residences and 1,800-square-foot penthouses.
- Best for: First-time buyers, downtown professionals, UNR-area investors, remote workers, and second-home owners who want a walkable riverfront address at an attainable price.
- HOA and building: HOA dues run $450–$800/month covering building maintenance, common areas, secured entry, controlled-access parking, and many shared utilities for the single tower.
- Why people choose Riverwalk Towers: true Truckee River frontage, walkable Riverwalk District lifestyle, secured high-rise living, Nevada's zero state income tax, and an attainable $190K–$600K+ price band.
Last updated June 2026 · Sources: RSAR, U.S. Census, Nevada State Demographer
Where Can You Find Riverwalk Towers Condos for Sale?
Riverwalk Towers carries a limited number of active listings in ZIP 89501 — condos priced $190K to $600K+ per NNRMLS data within this single riverfront building. According to Reno/Sparks Association of REALTORS, Downtown Reno condo inventory is tight in the river-tower segment; well-priced units change hands quickly. Listings below refresh daily from live NNRMLS data.
PRICE DISTRIBUTION
How Many Riverwalk Towers Homes Are Listed in Each Price Range?
The ZIP 89501 median list price for the Riverwalk Towers condo tier sits near $320K per Reno/Sparks Association of REALTORS June 2026 NNRMLS data. Active inventory concentrates in the $190K–$400K studio-and-one-bedroom range, with a smaller upper tier above $400K for two-bedroom residences and penthouses. Each card shows current listing counts for Riverwalk Towers and the surrounding ZIP 89501 river-tower segment.
Browse Riverwalk Towers & Downtown Reno Listings
How Can You Find a Riverwalk Towers Home by Type, Lifestyle & Price?
Riverwalk Towers listings are filtered within ZIP 89501 — typically a handful of active condos in this single building at any time, plus the broader downtown river-tower segment. Each link opens our live NNRMLS search pre-filtered to that slice, with counts updated daily from Reno/Sparks Association of REALTORS and NNRMLS data.
Which Downtown Reno River Towers and Communities Should You Explore?
Tap a community to see its dedicated page — current listings, price ranges, building details, and what daily life looks like inside each Downtown Reno riverfront address.
By Unit Type
By Price Range
Updated daily · 8 active listings · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Riverwalk Towers Listings First?
Custom alerts by price, beds, baths, and river-view exposure — no spam, unsubscribe anytime. With Riverwalk Towers resales turning over at a steady 40-day median pace per Reno/Sparks Association of REALTORS, buyers who see new listings within hours hold a real edge over buyers who check weekly — especially in the $190K–$350K entry band where competition is broadest.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ Henderson buyers used NREG alerts last year
Create your alert
School planning
Check schools for your address
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check Washoe school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
CRIME DATA
Review reported crime for the area
Where to start
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
Understand what the reports cover
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in Riverwalk Towers, Downtown Reno NV?
The Answer
Riverwalk Towers delivers walkable riverfront condo living in Downtown Reno: studios to penthouses from $190K, secured high-rise entry, controlled-access parking, steps to the Truckee River, and Nevada's zero state income tax. Public schools fall under the Washoe County School District, though downtown 89501 boundaries vary by block, so verify the specific assignment for any unit at enrollment.
What is Riverwalk Towers known for?
Riverwalk Towers is known as the riverfront high-rise in the former Comstock Hotel — a 15-story tower on the Truckee River at 200 W. 2nd Street, reopened as the Residences at Riverwalk condos in 2006. It is one of the most genuinely riverfront condo addresses in Downtown Reno, offering studios to 1,800-square-foot penthouses with balconies, secured entry, and steps-to-the-river walkability in the Riverwalk District.
Who should live in Riverwalk Towers?
Riverwalk Towers fits first-time buyers who want an attainable downtown entry point, young professionals and remote workers who value walkable river living, investors targeting strong downtown rental demand, and second-home owners who want a lock-and-leave Nevada address. The $190K–$600K+ price range spans studio buyers through penthouse purchasers, all under one secured-entry building with HOA-covered maintenance.
What is daily life like in Riverwalk Towers?
Daily life at Riverwalk Towers centers on the Truckee River and the Riverwalk District: morning coffee along the river path, lunch at downtown restaurants, kayaking the whitewater park in summer, and Reno Aces baseball steps away. Wingfield Park hosts concerts and festivals, downtown galleries and casinos are a short walk, and the airport is about 10 minutes by car for travel.
Location
Where Is Riverwalk Towers
Riverwalk Towers sits at 200 W. 2nd Street on the Truckee River in Downtown Reno, Nevada (ZIP 89501), in the heart of the Riverwalk District. Steps from the river, kayak park, and Wingfield Park; about 8 minutes from the University of Nevada, Reno; and roughly 10 minutes from Reno-Tahoe International Airport.
Downtown Reno Core
2
Min
University of Nevada, Reno
8
Min
Reno-Tahoe Airport
10
Min
Sparks
12
Min
Lake Tahoe
45
Min
Riverwalk Towers
At a Glance$320,000
Median List Price (ZIP 89501)
~$350+
Price / Sq Ft (condo tier)
40
Days on Market
$190K–$600K+
Price Range (Riverwalk Towers)
- Building Type
- Riverfront High-Rise Condo
- Price Range
- $190K–$600K+
- Year Opened (as condos)
- 2006 (former Comstock Hotel)
- Guard-Gated
- No (secured entry)
- HOA / Month
- $450–$800 (varies by unit)
- Stories
- 15
- ZIP Code
- 89501
- School District
- Washoe County School District
- To the Truckee River
- Steps away
- To UNR
- ~8 min
- To Reno-Tahoe Airport
- ~10 min via US-395
- To Lake Tahoe
- ~45 min via I-80 / NV-431
Quick Answer
Is Riverwalk Towers a good place to own a first home or investment?
Riverwalk Towers is one of the most attainable riverfront entry points in Downtown Reno. Studios from $190K, walkable proximity to the Truckee River and downtown dining, and secured high-rise living make it a strong fit for first-time buyers and investors alike. Nevada's zero state income tax adds meaningful annual savings for relocating remote workers. The critical verification: confirm the building's CC&R rental policy and any City of Reno short-term-rental limits if rental income is part of your plan.
Source: Nevada State Demographer
DEMOGRAPHICS
Who Lives in Riverwalk Towers?
According to the U.S. Census Bureau, Downtown Reno draws a mix of young professionals, remote workers, UNR-affiliated residents, investors, and empty-nesters seeking a walkable lock-and-leave lifestyle. Riverwalk Towers specifically attracts buyers who prioritize riverfront living and downtown access over single-family square footage.
Condo values at Riverwalk Towers have firmed as Downtown Reno redevelopment and in-migration from higher-tax states drew buyers to attainable riverfront units. The building skews toward a blend of owner-occupants and investors, with high educational attainment consistent with the downtown professional and university-adjacent population that gravitates to walkable river addresses.
89501
Downtown Reno, NV
$67,000+
vs Washoe County $72,000
$320K+
vs Washoe County $520K
~45%
vs Washoe County 57%
~40%
vs Washoe County 36%
~15%
vs Washoe County 27%
Steps to river & downtown
Top downtown Reno address
1.7
vs Washoe County 2.5
Source: U.S. Census Bureau ACS estimates & Nevada State Demographer · Updated
GROWTH & APPRECIATION
How Fast Is the Riverwalk Towers Market Growing?
Riverwalk Towers and the broader Downtown Reno condo market have appreciated over the past decade, driven by urban-core redevelopment, in-migration from higher-tax states, and rising demand for walkable riverfront living. The Nevada State Demographer projects continued Washoe County growth through 2030, supporting sustained demand for attainable downtown Reno condo addresses.
+4%Estimated YoY median price growth (ZIP 89501, 2026)
StepsTo the Truckee River and Wingfield Park
10 minTo Reno-Tahoe Airport via US-395
ZIP 89501 (Downtown Reno) condo median list price trajectory, 2010–2026
Riverwalk Towers condos have appreciated with Downtown Reno's urban revival — driven by riverfront positioning that no inland building replicates, the walkable Riverwalk District amenity cluster, and steady demand from professionals and remote workers relocating to a Nevada tax address. The building's $190K–$600K+ range keeps it the most attainable riverfront entry downtown, sustaining broad buyer demand while supply stays fixed at one tower.
Sources: Nevada State Demographer and U.S. Census Bureau ACS. Median price figures from NNRMLS active listings; historical approximations. Last updated June 2026.
MARKET TRENDS · LAST 12 MONTHS
How Is the Riverwalk Towers Real Estate Market Trending?
Median list price, days on market, and active inventory for ZIP 89501 — the Downtown Reno ZIP covering Riverwalk Towers and the river-tower segment — from Northern Nevada Regional MLS and Reno/Sparks Association of REALTORS data. Current median for the Riverwalk Towers tier sits near $320,000, up approximately 4% year-over-year, with a median 40 days on market. Updated monthly.
Median List Price (ZIP 89501 Riverwalk Towers tier)
+4% YoY (May 2025 → May 2026)
Source: Las Vegas REALTORS
Days on Market
35 → 40 days YoY — downtown condos move at a steady pace
vs the prior year
Source: Las Vegas REALTORS
Active Listings (Riverwalk Towers / ZIP 89501 towers)
~8 at any time — supply fixed to a single building
vs the prior year
Source: Las Vegas REALTORS
The long view: Reno's median sold price rose 116% between 2015 ($273,230) and 2026 ($591,265), across 53,785 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
40
MEDIAN DAYS ON MARKET
$320K
MEDIAN LIST PRICE
$190K–$600K+
RIVERWALK TOWERS PRICE RANGE
< 1 hr
OUR RESPONSE TIME
INVENTORY IS TIGHT
Get matched with a
Riverwalk Towers specialist.
Market Competitiveness
How Competitive Is the Riverwalk Towers Market Right Now?
Riverwalk Towers is a fixed-supply, steady-pace downtown condo market. Only a handful of resales appear at a time in this single 310-unit building, and units take a median 40 days on market per NNRMLS data. Well-priced studios and one-bedrooms in the $190K–$350K range move faster because the entry-tier buyer pool is broadest.
55Steady-Pace Urban
- 40 daysMedian days on market (Riverwalk Towers / ZIP 89501)
- $190K–$600K+Riverwalk Towers price range
- ~$350+Median price per sq ft (condo tier)
- Riverfront High-RiseBuilding character
Is Riverwalk Towers Right for You?
Who Should Buy a Home in Riverwalk Towers?
Riverwalk Towers spans $190K studios to $600K+ penthouses — the most attainable riverfront address in Downtown Reno. Six buyer profiles below match lifestyles to specific unit tiers, followed by the honest pros and trade-offs our team walks every client through before they commit.
Which Riverwalk Towers Profile Fits Your Buyer Type?
Downtown Professionals
- Steps to downtown offices and dining
- Car-light commute — 8 min to UNR
- Secured-entry, lock-and-leave living
- River and skyline views on higher floors
Investors
- Strong rental demand from UNR + professionals
- Verify building CC&R rental policy first
- City of Reno STR rules govern nightly rentals
- Attainable price point improves cap rates
Remote Workers
- River-view home office in a walkable core
- 10 minutes to Reno-Tahoe Airport for travel
- Zero Nevada income tax on remote earnings
- Downtown fiber and connectivity for WFH
Second-Home / Lock-and-Leave Owners
- Secured building — leave it for weeks worry-free
- Lake Tahoe 45 minutes for ski and lake trips
- No yard or exterior upkeep — HOA handles it
- Walkable base for downtown and Tahoe getaways
Empty Nesters / Downsizers
- Trade the yard for a riverfront condo lifestyle
- Walk to dining, concerts, and the river
- Single-level living with elevator access
- Predictable HOA-covered carrying costs
Best Fit For
- First-time buyers — Studios from $190K, walkable to the river and downtown, and HOA-covered maintenance make Riverwalk Towers one of the most attainable downtown ownership entries in Reno.
- Downtown professionals — A car-light commute, secured-entry living, and river or skyline views put work, dining, and the Truckee River all within walking distance of the lobby.
- Investors — Strong rental demand from UNR students and young professionals — conditional on verifying the building CC&R rental policy and City of Reno STR rules before buying.
- Remote workers — A river-view home office in a walkable core, 10 minutes to the airport for travel, and zero Nevada income tax on remote earnings.
- Second-home and lock-and-leave owners — Secured building access, no exterior upkeep, and Lake Tahoe 45 minutes away make Riverwalk Towers an easy downtown base to leave for weeks at a time.
- Empty nesters and downsizers — Single-level riverfront condo living with elevator access, walkable amenities, and predictable HOA-covered costs — without the yard and upkeep of a house.
Ready to explore condos in Riverwalk Towers? Our team knows the building, its HOA documents, unit-tier pricing, and how floor and river exposure drive value.
Start Your Riverwalk Towers SearchPros
- True Truckee River frontage — steps from the kayak park and Wingfield Park
- Among the most walkable condo addresses in Northern Nevada
- Attainable entry point at $190K–$600K+ versus single-family downtown homes
- Zero Nevada state income tax — meaningful annual savings for relocating buyers
- Secured-entry high-rise with controlled-access parking
- Strong downtown rental demand from UNR and young professionals
- 3% annual property-tax cap under NRS 361.471
Honest Considerations
- HOA dues of $450–$800/month add to monthly carrying costs and cover building systems
- Building CC&Rs and City of Reno ordinances may limit short-term rentals — verify before buying as investment
- High-rise buildings can require warrantability project review for some loan types
- Urban downtown setting carries more ambient activity than suburban neighborhoods
- Fixed supply in one 310-unit building means limited resale inventory at any time
Downtown Tower Comparison
How Does Riverwalk Towers Compare to Park Tower, Arlington Towers & Other Downtown Reno Condos?
A like-for-like comparison of the most-searched Downtown Reno river towers — median price, days on market, HOA, and lifestyle fit — using active-listing data refreshed monthly via Reno/Sparks Association of REALTORS and NNRMLS. Prices span the $180,000s for entry towers to $600K+ for Riverwalk Towers penthouses.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Riverwalk Towers | $320,000 | ~$350+ | 40 | 8 | Riverfront · Secured · Studios–Penthouses |
| Park Tower | $240,000 | ~$300+ | 45 | 6 | Mid-Century · Wingfield Park Views |
| Arlington Towers | $220,000 | ~$290+ | 42 | 7 | Established Towers · A Block North |
| Riverside Artist Lofts | $250,000 | ~$320+ | 48 | 4 | Historic 1926 · Live/Work |
| Downtown Reno SFR | $420,000 | ~$330+ | 38 | 20 | Houses · Old Southwest · Full Lots |
Source: Reno/Sparks Association of REALTORS and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Tower Deep Dive
What's Inside Each Downtown Reno River Tower?
Submarket 1
Riverwalk Towers
Downtown Reno's riverfront high-rise in the former Comstock Hotel — true Truckee River frontage, secured entry, and a unit mix from $190K studios to $600K+ penthouses, all steps from Wingfield Park and the kayak park.
Browse Riverwalk Towers homes →$320KMedian Price
40Days on Market
8Active Listings
~$350+Price / Sq Ft
Submarket 2
Park Tower
A mid-century 18-story tower overlooking Wingfield Park steps from Riverwalk Towers — established building with park and river views at an attainable entry price from $195K.
Browse Park Tower homes →$240KMedian Price
45Days on Market
6Active Listings
~$300+Price / Sq Ft
Submarket 3
Arlington Towers
Established 22-story towers a block north of the river near downtown — a long-standing Reno condo address with attainable pricing from $180K and quick downtown access.
Browse Arlington Towers homes →$220KMedian Price
42Days on Market
7Active Listings
~$290+Price / Sq Ft
Submarket 4
Riverside Artist Lofts
Historic 1926 live/work lofts on the Truckee River near Riverwalk Towers — character spaces with high ceilings and river proximity for creative downtown buyers from $200K.
Browse Riverside Artist Lofts homes →$250KMedian Price
48Days on Market
4Active Listings
~$320+Price / Sq Ft
Submarket 5
Downtown Reno SFR
Downtown-adjacent single-family homes in Old Southwest and central Reno — larger lots and square footage than the condo towers, at a $350K–$1M+ price range that starts above Riverwalk Towers entry.
Browse Downtown Reno SFR homes →$420KMedian Price
38Days on Market
20Active Listings
~$330+Price / Sq Ft
Submarket 6
Riverwalk Towers — The Downtown Riverfront Entry Point
The most attainable way to own a true riverfront address in Downtown Reno — secured high-rise living on the Truckee River in the former Comstock tower, with units from $190K studios to $600K+ penthouses. Upper floors capture river and skyline views from added balconies. The only downtown river tower combining genuine riverfront position, a 2006 full reconstruction, and a unit mix spanning the full studio-to-penthouse range under one secured-entry building.
Browse Riverwalk Towers — The Downtown Riverfront Entry Point homes →From $190KAttainable Entry
StepsTo the Truckee River
SecuredHigh-Rise Entry
10 minTo Reno Airport
Where Is Riverwalk Towers on the Map?
Riverwalk Towers sits at 200 W. 2nd Street on the Truckee River in Downtown Reno, Nevada (ZIP 89501), in the heart of the Riverwalk District — steps from Wingfield Park and the kayak park, a 5-minute walk to the Reno Aces ballpark, about 8 minutes from the University of Nevada, Reno, and roughly 10 minutes from Reno-Tahoe International Airport.
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,061+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure which Downtown Reno
river tower fits?
BY ZIP CODE
What Does the Market Look Like in ZIP 89501?
ZIP 89501 covers Downtown Reno along the Truckee River, including Riverwalk Towers and the river-tower segment. The table below puts this ZIP in context against neighboring Reno ZIPs — median price, price per square foot, days on market, active inventory, and year-over-year price growth — using Northern Nevada Regional MLS data.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89501 | Downtown Reno · Riverwalk District · Riverwalk Towers | $420K | ~$330 | 38 | 45 | +4.0% |
| 89509 | Old Southwest Reno · Midtown | $560K | ~$360 | 34 | 120 | +3.5% |
| 89503 | Old Northwest Reno | $520K | ~$340 | 33 | 95 | +3.0% |
| 89521 | South Reno · Damonte Ranch | $680K | ~$320 | 32 | 220 | +2.4% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
Source: Reno/Sparks Association of REALTORS and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Washoe County GIS.
Building & Unit Guide
What Are the Key Unit Tiers in Riverwalk Towers?
Riverwalk Towers is a single 15-story building, so there are no separate complexes — instead, value tiers by unit size, floor, and river-facing exposure. The building carries one HOA structure with dues, reserve fund, and CC&R rules that apply tower-wide. Verify the HOA financials, reserve study, and rental policy before writing an offer on any unit tier.
Compact · Entry Tier
Studios
Most attainable downtown riverfront entry
River or City View
One-Bedrooms
Core resale tier; strong rental demand
Larger Floor Plans
Two-Bedrooms
9–12 ft ceilings; whirlpool baths
Top Floors · 1,800+ sq ft
Penthouses
Largest units; best river and skyline views
Comparison · River District
Nearby Downtown Towers
Alternative downtown river-tower options
Outdoor Recreation
What Outdoor Amenities Are Near Riverwalk Towers?
Riverwalk Towers residents live at the center of Downtown Reno's outdoor scene — the Truckee River and whitewater kayak park at the doorstep, Wingfield Park steps away, and the paved river path for walking and biking. The City of Reno maintains the riverfront parks and trails that make this one of the most recreation-rich condo addresses in Northern Nevada.
STEPS AWAY
Truckee River Whitewater Park
Half-mile courseKayaking · Tubing · PaddleboardingFree
A designed whitewater course on the Truckee River directly outside Riverwalk Towers — drop-and-go kayaking and tubing all summer, with the river path connecting downtown parks on both banks.
STEPS AWAY
Wingfield Park
River island parkConcerts · Festivals · River accessFree
A small island park in the middle of the Truckee River hosting outdoor concerts, the Artown festival, and farmers markets — one of the most-used public spaces in Downtown Reno, just steps from the lobby.
STEPS AWAY
Truckee River Walk
Riverside pathWalking · Running · BikingFree
The paved Riverwalk path follows the Truckee River through downtown, linking parks, restaurants, galleries, and bridges — the defining outdoor amenity of the Riverwalk District around Riverwalk Towers.
5 MIN
Idlewild Park
49 acresGardens · Playgrounds · PoolFree
A large riverside park west of downtown with rose gardens, a public pool, playgrounds, and event spaces along the Truckee River — a short drive or river-path ride from Riverwalk Towers.
5 MIN WALK
Greater Nevada Field (Reno Aces)
BallparkBaseball · EventsTicketed
Home of the Reno Aces Triple-A baseball team, an easy walk from Riverwalk Towers — summer games, concerts, and events anchor downtown evenings within walking distance of the building.
10 MIN
Rancho San Rafael Park
600+ acresHiking · Balloon Races · ArboretumFree
A large regional park near UNR with trails, an arboretum, and the annual Great Reno Balloon Race — a 10-minute drive north from Riverwalk Towers for bigger open-space recreation.
45 MIN
Lake Tahoe
191 sq miBoating · Beaches · SkiingVaries
North America's largest alpine lake is about 45 minutes from Riverwalk Towers via I-80 and NV-431 — skiing in winter, beaches and boating in summer, all within an easy day trip.
45 MIN
Mount Rose Ski Tahoe
1,200 acresSkiing · SnowboardingTicketed
The closest major ski resort to Reno, about 45 minutes up NV-431 from Riverwalk Towers — the highest base elevation in the Tahoe basin and a frequent local choice for downtown skiers.
The Riverwalk Towers Lifestyle
What Does a Weekend in Riverwalk Towers Look Like?
A Saturday at Riverwalk Towers: coffee on the river path, kayaking the whitewater park steps away per the City of Reno, lunch in the Riverwalk District, a Reno Aces game in the evening, and Lake Tahoe 45 minutes away on Sunday. Truckee River frontage, downtown walkability, and zero Nevada income tax.
300+Days of Sun
StepsTo the River
5 minTo Reno Aces
45 minTo Lake Tahoe
THIS WEEKEND'S OPEN HOUSES
Can You Tour Riverwalk Towers Condos This Weekend?
Riverwalk Towers condos show by appointment — weekend open houses are uncommon in the secured-entry downtown high-rise market. Contact Nevada Real Estate Group at (775) 277-2120 to schedule a private showing or request a video walkthrough. Set up instant alerts to get notified when a unit in your price range becomes available.
Planning a move
What Should I Verify Before Moving to Riverwalk Towers?
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Review taxes for your circumstances
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Compare written costs and property requirements
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
How to Relocate to Riverwalk Towers in 8 Steps
Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.
Define your property and location needs
Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.
Confirm financing and the full ownership budget
Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.
Agree on representation and the search process
Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.
Investigate the exact address
Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.
Review the offer and its deadlines
Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.
Review inspections and property documents
Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.
Coordinate services and moving arrangements
Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.
Confirm possession and new-resident requirements
Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.
ECONOMY & JOBS
What Drives the Economy Near Riverwalk Towers?
Riverwalk Towers sits in the center of the Reno-Sparks job market — downtown employers, the University of Nevada, Reno, and Renown Health are minutes away. According to the U.S. Bureau of Labor Statistics, MSA unemployment runs near historic lows — driven by healthcare, technology, logistics, and higher education employers across the Truckee Meadows.
$67,000+Median household income (Reno city)U.S. Census ACS estimate
DowntownCenter of the Reno job marketWalk to many downtown employers
8 minTo University of Nevada, RenoVia N Virginia St
10 minTo Reno-Tahoe International AirportVia US-395
Top Employers Accessible from Riverwalk Towers
- University of Nevada, RenoR1 research university roughly 8 minutes north — the region's largest higher-education employer and a major source of downtown rental demand
- Renown HealthNorthern Nevada's largest healthcare system, minutes from downtown
- City / County / State GovernmentDowntown Reno government offices and courts within walking distance of Riverwalk Towers
- Tesla Gigafactory NevadaBattery & EV manufacturing at Tahoe-Reno Industrial Center (~30 min via I-80)
- SwitchHyperscale data centers, Tahoe-Reno Industrial Center (~30 min via I-80)
- Downtown Hospitality & GamingCasinos, hotels, and the Reno Aces ballpark anchor downtown employment within walking distance
Sources: U.S. Bureau of Labor Statistics, Nevada State Demographer. Last updated June 2026.
BUILDING COMPARISON
How Does Riverwalk Towers Compare to Park Tower, Arlington Towers & Downtown SFR?
Choosing between Downtown Reno options? This table compares Riverwalk Towers condos ($320K, riverfront), Park Tower ($240K, Wingfield Park), Arlington Towers ($220K, a block north), and downtown single-family homes ($420K, full lots). Metrics from RSAR, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | Riverwalk Towers | Park Tower | Arlington Towers | Downtown SFR |
|---|---|---|---|---|
| Median List Price | $320K | $240K | $220K | $420K |
| Price / Sq Ft | ~$350 | ~$300 | ~$290 | ~$330 |
| Days on Market | 40 | 45 | 42 | 38 |
| HOA / Month | $450–$800 | $300–$600 | $300–$550 | Typically $0 |
| Riverfront | Yes (true frontage) | River/park views | Near river | Varies |
| Property Type | High-Rise Condo | Mid-Century Tower | Established Towers | Single-Family |
| Guard-Gated | No (secured entry) | No (secured entry) | No (secured entry) | No |
| Walkability | Steps to river/dining | Steps to park | A block north | Varies by block |
| Best For | Riverfront · Attainable · Secured | Park Views · Value | Established · Value | Full Lot · Houses |
Sources: Reno/Sparks Association of REALTORS, U.S. Census ACS. Last updated June 2026.
Cost of Ownership
What Will Riverwalk Towers Cost You Each Month?
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Illustrative Payment Estimator
Estimate Your Riverwalk Towers Payment
$2,353
Illustrative Monthly Payment
- Principal & Interest$1,703
- Property Tax$300
- Insurance$150
- HOA$200
- PMI$0
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
How should you compare buying with renting?
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Purchase worksheet
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Rental worksheet
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
Use scenarios rather than a promised break-even date
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
Which HOA charges apply to this address?
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Recurring charges
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Closing and special charges
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Rules and access
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
How Easy Is Getting Around from Riverwalk Towers?
From Riverwalk Towers, downtown is at your feet, UNR is 8 minutes, the airport 10, and Lake Tahoe 45. Many residents walk or bike for daily errands and drive only for the airport or Tahoe trips per U.S. Census ACS data — the downtown core makes a car-light lifestyle genuinely realistic here.
Drive Times from Riverwalk Towers
- 2 minDowntown Reno CoreWalkable
- 8 minUniversity of Nevada, RenoVia N Virginia St
- 10 minReno-Tahoe Intl AirportVia US-395
- 12 minSparksVia I-80 E
- 5 minReno Aces BallparkWalkable
- 45 minLake Tahoe (Incline Village)Via NV-431 Mt Rose Hwy
- 45 minMount Rose Ski TahoeVia NV-431
- 35 minCarson CityVia US-395 S
Transportation Options
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC Washoe.
Quick Answer
How long does it take to close on a condo in Riverwalk Towers?
Most Riverwalk Towers condo purchases close in 30–45 days; cash offers close in 7–14 days. Because most units fall within conforming loan limits, financing is more straightforward than at luxury condo addresses — but the lender must confirm the high-rise building is warrantable, which can add project-review time. Confirm warrantability before writing an offer to avoid surprises at underwriting.
Quick Answer
What credit score do you need to buy a Riverwalk Towers condo?
Most Riverwalk Towers units fall within conforming loan limits, so credit requirements are more accessible than at luxury condo addresses. Conventional condo loans typically want a 620+ credit score with 5–10% down for a primary residence, and FHA financing may be available if the building is FHA-approved. Investors generally need 15–25% down and 680+ credit. Cash buyers face no credit requirement but should budget 1–2% of the purchase price for closing costs. Confirm the building's warrantability and any project approvals with your lender before making an offer.
Riverwalk Towers FAQ — 18 Answers
What Do Riverwalk Towers Buyers Most Frequently Ask?
Most AskedWhat is the median home price in Riverwalk Towers?
Riverwalk Towers condos trade from roughly $190,000 for compact studios near 385 square feet up to $600,000 or more for two-bedroom residences and 1,800-square-foot penthouses, per Northern Nevada Regional MLS data for ZIP 89501. The current median list price in this riverfront high-rise runs near $320,000 according to Reno/Sparks Association of REALTORS, making the building one of the most attainable ways to own a true riverfront address in Downtown Reno — and a frequent entry point for first-time buyers and investors.
What building was Riverwalk Towers before it was condos?
Riverwalk Towers occupies the former Comstock Hotel & Casino, a 15-story tower completed in 1978 directly on the Truckee River at 200 W. 2nd Street in Downtown Reno. After the casino closed, the building was gutted and reconstructed into residential condominiums — the Residences at Riverwalk — which opened in 2006, only feet from the river and Wingfield Park.
What types of units are in Riverwalk Towers?
Riverwalk Towers is a single high-rise condominium building with a wide range of floor plans: compact studios near 385 square feet, one-bedroom homes, larger two-bedroom residences, and penthouses of 1,800 square feet and up. Ceiling heights run from 9 to 12 feet, and many units add balconies framing river or city views. Every unit falls under one building-wide HOA covering exterior, common areas, secured entry, and shared systems.
Is Riverwalk Towers a gated community?
No — Riverwalk Towers is not a guard-gated community, but it is a secured-entry high-rise. The building offers controlled-access lobby entry and controlled-access parking, which is the urban equivalent of gated security for a downtown condo tower. Residents enter through a managed lobby rather than staffed perimeter gates, a structure typical of Downtown Reno river-tower buildings.
What are HOA fees like in Riverwalk Towers?
HOA dues at Riverwalk Towers typically run about $450 to $800 per month depending on unit size and floor, covering building maintenance, common areas, secured entry, controlled-access parking, and many shared utilities. Contact Nevada Real Estate Group at (775) 277-2120 for current dues on any specific listing — the operating budget, reserve study, and any pending special assessments should all be verified during the inspection period before you remove contingencies.
Is Riverwalk Towers actually on the river?
Yes — Riverwalk Towers sits only feet from the Truckee River, the whitewater kayak park, and Wingfield Park in the heart of the Riverwalk District. It is one of the most genuinely riverfront condo addresses in Downtown Reno, with river-facing units overlooking the water and the downtown skyline. The Riverwalk path, downtown dining, and the Reno Aces ballpark are all within an easy walk of the lobby.
What schools serve Riverwalk Towers?
Riverwalk Towers is in Washoe County and served by the Washoe County School District, which covers Downtown Reno. Because downtown attendance boundaries can shift block by block, families should verify the specific elementary, middle, and high school assignment for the 89501 address with WCSD at enrollment. The University of Nevada, Reno is also roughly 8 minutes north for college students and faculty.
How walkable is Riverwalk Towers?
Riverwalk Towers is among the most walkable condo addresses in Northern Nevada. From the lobby, residents reach the Truckee River, Wingfield Park, the Riverwalk District restaurants and galleries, downtown casinos, and the Reno Aces ballpark on foot in minutes. Reno-Tahoe International Airport is about 10 minutes by car, and the University of Nevada, Reno is roughly 8 minutes — a car-light lifestyle is realistic here.
What are property taxes like in Riverwalk Towers?
Property taxes at Riverwalk Towers fall under Washoe County jurisdiction. Nevada's effective property-tax rate runs roughly 0.5–0.7% of taxable value, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $350,000 Riverwalk Towers condo, the annual tax bill typically runs approximately $1,750–$2,450 per Washoe County Assessor data. Nevada also levies no state income tax, a meaningful advantage for remote workers and investors relocating from higher-tax states.
Can I rent out a Riverwalk Towers condo?
Rental rules at Riverwalk Towers are governed by the building CC&Rs plus City of Reno short-term-rental ordinances — long-term leasing is common, but nightly rentals downtown are tightly regulated and may be limited by both the HOA and city permitting. Before buying as an investment, verify the current building rental policy, any rental-cap limits, and City of Reno STR permit availability for the unit. Non-permitted nightly rentals carry fines and can affect resale.
How competitive is the Riverwalk Towers market?
Riverwalk Towers inventory is limited to a single building of roughly 310 units, so only a handful of resales are active at any time. Per NNRMLS data for ZIP 89501, well-priced studios and one-bedrooms in the building typically go under contract in roughly 40 days, while larger two-bedrooms and penthouses can take longer. When a river-facing unit is priced correctly for its floor and view, downtown buyers and investors move quickly.
What is the investment case for Riverwalk Towers condos?
Riverwalk Towers offers an attainable, walkable, riverfront entry into Downtown Reno ownership — a fixed-supply building in a redeveloping urban core. Nevada's zero state income tax and the 3% property-tax cap under NRS 361.471 improve carrying math, while strong downtown rental demand from UNR students, young professionals, and relocating remote workers supports leasing. Buyers planning a 3–5 year hold benefit from both downtown appreciation potential and rental income — subject to HOA and City of Reno rental-rule verification.
How does Riverwalk Towers compare to other Downtown Reno towers?
Riverwalk Towers is one of several river towers in Downtown Reno alongside Park Tower, Arlington Towers, and the Riverside Artist Lofts. What sets it apart is its true riverfront position in the former Comstock Hotel, its 2006 full reconstruction, and a unit mix spanning compact studios to 1,800-square-foot penthouses. Park Tower overlooks Wingfield Park nearby; Arlington Towers sits a block north; the Riverside Artist Lofts offer historic 1926 live/work spaces.
What should I budget for monthly costs in Riverwalk Towers?
At a $350,000 Riverwalk Towers purchase with 20% down at 7% interest, principal and interest runs approximately $1,860/month. Add Washoe County property tax of roughly $175–$205/month, HOA dues of $450–$800/month depending on unit size, and homeowners insurance for a condo unit. Total monthly carrying costs for a financed purchase typically run $2,600–$3,000 before accounting for Nevada's zero state income tax, which adds meaningful annual savings for relocating buyers.
What do Riverwalk Towers buyers need to know about the HOA?
Before writing an offer on a Riverwalk Towers condo, request the full HOA document package: CC&Rs, bylaws, two years of meeting minutes, the reserve fund study, the current operating budget, and any pending or recently levied special assessments. High-rise buildings carry elevator, roof, facade, and shared-system reserve obligations — a reserve fund below 70% funded is a yellow flag. Confirm whether the HOA master policy covers the building envelope and which utilities are bundled into dues versus billed separately.
What is the minimum down payment to buy in Riverwalk Towers?
Most Riverwalk Towers units fall well within conforming loan limits, so financing is more accessible than at luxury condo addresses. Conventional loans on a warrantable condo typically allow 5–10% down for a primary residence, and some buyers qualify for as little as 3% down on a studio or one-bedroom. Investors generally need 15–25% down. The critical step is confirming the building is approved as warrantable for your loan type — high-rise condo buildings sometimes require project review. Cash purchases are common at the studio tier. Call Nevada Real Estate Group at (775) 277-2120 to confirm current condo programs for Downtown Reno river towers.
Is Riverwalk Towers a good investment or rental property?
Riverwalk Towers is one of the more compelling downtown investment plays in Reno — an attainable riverfront building with strong long-term rental demand from UNR students, young professionals, and relocating remote workers. As a rental, walkable proximity to the Truckee River, downtown dining, and the Reno Aces ballpark keeps occupancy high. The critical step: verify the building CC&R rental policy, any rental-cap limits, and City of Reno short-term-rental permit availability before buying as an investment — downtown nightly rentals are tightly regulated.
Can Nevada Real Estate Group help me buy or sell a Riverwalk Towers condo?
Yes — Nevada Real Estate Group represents buyers and sellers throughout Downtown Reno, including Riverwalk Towers condo transactions. Our agents prepare a custom CMA using NNRMLS closed data specific to ZIP 89501 and the building's unit tiers, and we know how floor, river-facing exposure, and balcony presence drive value within the tower. Call (775) 277-2120 or submit the form below for a no-obligation consultation.
Updated June 2026
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PEOPLE ALSO ASK
What Else Do People Ask About Riverwalk Towers?
Beyond the main FAQ, these are the questions Riverwalk Towers buyers most frequently type into Google and AI assistants — each answered with verifiable specifics: prices sourced from the Reno/Sparks Association of REALTORS, HOA dues from building records, and GreatSchools 2026 school ratings cross-checked with the Nevada Report Card.
Is Riverwalk Towers a good investment?
Riverwalk Towers offers an attainable, fixed-supply riverfront entry into Downtown Reno — a building of roughly 310 units with no new downtown riverfront supply coming. Strong rental demand from UNR students, professionals, and remote workers (verify the building rental policy and City of Reno STR rules first), Nevada zero state income tax, and the 3% property-tax cap under NRS 361.471 create favorable long-term ownership math. Buyers planning 3+ year holds have historically seen steady appreciation in ZIP 89501.
What is Riverwalk Towers in Downtown Reno?
Riverwalk Towers is a 15-story riverfront condominium building on the Truckee River at 200 W. 2nd Street in Downtown Reno, Nevada. Originally the Comstock Hotel & Casino completed in 1978, it was gutted and reconstructed into condos — the Residences at Riverwalk — which opened in 2006. It offers studios to 1,800-square-foot penthouses with secured entry, controlled-access parking, and steps-to-the-river walkability.
Can I do a short-term rental in Riverwalk Towers?
Short-term rentals at Riverwalk Towers are subject to two layers of rules: (1) the building CC&Rs, which may restrict or cap rentals; and (2) City of Reno short-term-rental ordinances, which tightly regulate nightly rentals downtown and require permits. Both must be verified before purchasing as a vacation-rental investment. Long-term leasing is more common and broadly permitted, but confirm the building rental policy and any rental-cap limits during due diligence.
What floor plans are available in Riverwalk Towers?
Riverwalk Towers offers compact studios near 385 square feet, one-bedroom homes, larger two-bedroom residences, and penthouses of 1,800 square feet and up. Ceiling heights run from 9 to 12 feet, and many units add balconies overlooking the river or downtown. Units feature full kitchens and baths, some with whirlpool tubs. Floor, exposure, and balcony presence drive value differences within the building.
How close is Riverwalk Towers to the Reno Aces ballpark?
Greater Nevada Field, home of the Reno Aces Triple-A baseball team, is about a 5-minute walk from Riverwalk Towers. The walkable downtown core means residents can stroll to summer games, concerts, and events at the ballpark, and continue on foot to downtown dining and the Truckee River afterward — a defining lifestyle advantage of the building's location.
What are the best units in Riverwalk Towers?
Higher-floor, river-facing units with balconies command premium pricing for their Truckee River and downtown skyline views — these are the larger two-bedrooms and penthouses in the $450K–$600K+ range. Entry-tier studios in the $190K–$260K range offer the most attainable downtown ownership. Within the mid-range tier, one-bedrooms with river exposure and added balconies are the most sought-after.
Is Downtown Reno worth it over the suburbs?
For buyers who want walkable riverfront living — the Truckee River, downtown dining, and the ballpark on foot — Riverwalk Towers and Downtown Reno are uniquely positioned, and no suburban subdivision replicates the urban-core lifestyle. For buyers who prioritize square footage, yards, and top-rated school assignments, South Reno master-planned communities offer strong value at $600K–$850K versus $190K–$600K+ for downtown condos.
How old is the Riverwalk Towers building?
The Riverwalk Towers structure was completed in 1978 as the Comstock Hotel & Casino, making the building itself nearly five decades old. However, the property was fully gutted and reconstructed into residential condos that opened in 2006, so the residences, systems, and finishes date to that conversion. Buyers should review reserve-fund planning for the aging tower envelope, elevators, and shared systems during due diligence.
WHY NEVADA REAL ESTATE GROUP
Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?
Deep knowledge of Downtown Reno condo towers — HOA structures, reserve funds, warrantability, City of Reno rental rules, and floor-and-view valuation — plus 150+ licensed agents and 9,061+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume, Nevada Real Estate Group ranks #1 in Nevada, covering every Riverwalk Towers tier from studios to penthouses.
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NEARBY COMMUNITIES
Which Communities Are Near Riverwalk Towers?
Compare Riverwalk Towers with neighboring Downtown Reno river towers and nearby Reno options. Each card pairs the distance to Riverwalk Towers with the community's price positioning, so you can judge whether an adjacent address buys you a meaningfully different lifestyle.
More Reno communities
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A–Z INDEX
Which Reno and Lake Tahoe Communities Can You Explore?
Key Reno and Northern Nevada communities — from Riverwalk Towers riverfront condos to South Reno master plans to Lake Tahoe lakefront enclaves. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges, and building or community details.
KEEP LEARNING
What Else Should You Read About Riverwalk Towers and Downtown Reno?
These guides extend the research most Riverwalk Towers buyers do next — exploring the neighboring Park Tower and Arlington Towers buildings, understanding the broader Downtown Reno market, and reviewing Reno community comparisons — each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
Park Tower Community Guide
Mid-century 18-story tower overlooking Wingfield Park steps from Riverwalk Towers — established building with park and river views from $195K.
Read →GUIDE
Downtown Reno Real Estate Guide
Condos, river towers, and single-family homes across the Downtown Reno core — the full downtown market and how Riverwalk Towers fits within it.
Read →MARKET REPORT
Reno Market Hub
Truckee Meadows and Northern Nevada market data, neighborhood comparisons, and every Reno and Lake Tahoe community page in one place.
Read →RELOCATION GUIDE
Reno Relocation Guide 2026
The Northern Nevada move playbook — taxes, cost of living, and neighborhoods.
Read →LIVING GUIDE
Is Reno a Good Place to Live? 2026
Jobs, cost, weather, and lifestyle for anyone weighing a move to Reno.
Read →Sources & Methodology
Where Does This Riverwalk Towers Data Come From?
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below — from the U.S. Census Bureau to the Reno/Sparks Association of REALTORS — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
- Reno/Sparks Association of REALTORS (RSAR) — Median sold price, days on market, list-to-sold ratio, and monthly MLS statistics for ZIP 89501 (Downtown Reno / Riverwalk Towers). rsar.realtor
- Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, and building-level data for Riverwalk Towers and Downtown Reno. nnrmls.com
- U.S. Census Bureau — Population, demographics, household income, age distribution, and education attainment (ACS) for Reno city and ZIP 89501. data.census.gov
- Nevada State Demographer — City and county population estimates and growth projections for Washoe County and the Reno-Sparks MSA. census.gov/quickfacts
- U.S. Bureau of Labor Statistics — Reno-Sparks MSA unemployment rate, employment by sector, and wage data used in the economy section. bls.gov/reno-sparks
- Washoe County Assessor — Property tax rates, assessed values, and parcel data for Downtown Reno and Riverwalk Towers (ZIP 89501). washoecounty.gov/assessor
- Washoe County School District — School assignments, enrollment, and district performance data for Downtown Reno schools serving ZIP 89501. washoeschools.net
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools near Riverwalk Towers. greatschools.org
- Nevada Report Card — Official Nevada DOE school performance data cross-referenced with GreatSchools ratings. nevadareportcard.nv.gov
- City of Reno — Riverwalk District park and trail information, short-term-rental ordinances, and downtown development data. reno.gov
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator and buy-vs-rent model. freddiemac.com/pmms
- Nevada Revised Statutes — Property tax cap (NRS 361.471) and Nevada residency / DMV deadlines cited in relocation guide. leg.state.nv.us/nrs
- Reno Police Department — Crime statistics for Downtown Reno used in the safety section. reno.gov/police
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).