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Listing provided courtesy of Real Broker LLC- MLS# 260006516MLS Provider

5011 Tahiti Way #3Reno, NV 89502

Condo/Townhouse · 2 Beds · 1 Full Bath · 882 Sq. ft.
$228,000 Active

5011 Tahiti Way #3 Overview

Time on Site:
38 days
Visits:
2

BACK ON MARKET at no fault of the Seller- Repair list and inspection from previous escrow is in the documents. Perfect for home buyer just starting out or investor opportunity is waiting for you in this cute cul-de-sac in South Reno. This updated condo checks every box for an investor looking for a turnkey rental or a first-time buyer ready to stop renting. The kitchen and flooring has been updated and a highlight is the charming original brick wall feature. The yard is low maintenance by design and maintained by the HOA, as well as the roof and exterior of the structure, savings on maintenance and home owner's insurance costs. This home is perfectly located with easy access to stores, restaurants and more. Trader Joe's is about a two min drive away. Meadowood Mall, Whole Foods, and the South Virginia Street corridor with its restaurants, retail, and services are all within a few minutes of your front door. Bartley Ranch Regional Park is nearby for trails and outdoor space, and freeway access via I-580 is right around the corner. You get the quiet of a cul-de-sac and the convenience of one of the most well-serviced parts of South Reno. Don't miss this charming condo!

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5011 Tahiti Way #3 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 882
  • Price/Sq.ft. $259

Details

General

Association/HOA

  • Association Amenities: Landscaping
  • Association Fee: 281.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Landscape Maintenance - Partial
  • Association Name: Reno Property Management
  • Association: true

School Information

  • Elementary School: Smithridge
  • Middle Or Junior School: Pine
  • High School: Damonte

Building Information

  • New Construction: false
  • Year Built: 1970

Location/Region

  • Country: US
  • County Or Parish: Washoe

Tax Information

  • Tax Annual Amount: 585.6

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
  • Parcel Number: 025-140-55
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: MF30

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 882.0

General Information

  • Appliances: Electric Cooktop
  • Common Walls: 1 Common Wall
  • Cooling: false
  • Fireplace: false
  • Fireplaces Total: 0
  • Flooring: Carpet,Laminate,Tile
  • Foundation Details: Slab
  • Interior Features: Breakfast Bar,Ceiling Fan(s)
  • Laundry Features: In Kitchen,Washer Hookup
  • Levels: Two
  • Living Area Source: Assessor
  • Spa Features: None
  • Spa: false
  • Stories: 2
  • Window Features: Aluminum Frames

Unit Information

  • Unit Number: 3

Exterior

Parking Information

  • Parking Features: Carport,None
  • Parking Total: 1.0

Lot Information

  • Lot Features: Cul-De-Sac,Level
  • Lot Size Square Feet: 43.56
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road
  • Water Source: Public

Waterfront/View

  • View: false
  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco
  • Property Attached: false
  • Roof: Pitched,Shingle

General Information

  • Carport Spaces: 1.0
  • Carport: true
  • Exterior Features: Rain Gutters
  • Fencing: None
  • Horse: false
  • Other Structures: None
  • Pool Private: false
  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Internet Available,Phone Available,Sewer Available,Water Available

5011 Tahiti Way #3 Neighborhood

Community

89502 (Reno) Demographics

35
Median Age
2,017
Population Density (per sq. mile)
26%
College Educated
$48,782
Estimated Median Income
6,279
Estimated Total Home Owners
12,337
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5011 Tahiti Way #3 Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5011 Tahiti Way #3 Market Data

Based on the last 30 days in this zip code

$447,904
Average List Price
$335
Average Price per Square Foot
35
Properties Sold
63
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

5011 Tahiti Way #3 History

Date Event Value Agent
6/23/2026Source: Northern Nevada Regional MLS Status Change
Active
6/10/2026Source: Northern Nevada Regional MLS Status Change
Active Under Contract-Show
6/9/2026Source: Northern Nevada Regional MLS Status Change
Active Under Contract-No Show
5/22/2026Source: Northern Nevada Regional MLS Added to Database
May 22, 2026