South Lake Tahoe CA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 140981
- Subdivision:
- Bijou Park Addition
ADDITIONAL INFORMATION
Income Property Opportunity with great location near to Heavenly Ski Area, Short distance to Lake Tahoe, Ski Run Marina and beaches, casinos, retail stores and restaurants. Newer roof installed in 2016. Many interior upgrades.This is a unique property with great rental history. Features corner lot with fenced patio area and large garage space. Currently no on-site laundry but hook ups are there.Buyer to cooperate with Seller's 1031 Exchange.
$3,186,000
1057 Fern Road South Lake Tahoe, CA 96150
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 140934
- Subdivision:
- Lakeside Park
ADDITIONAL INFORMATION
New Construction Multi-Family! Own a 5-Units Property in the HEART of South Lake Tahoe! LOCATION is the KEY!!! Perfectly located right next to Heavenly Village shopping center. This new construction multi-family property is a dream investment. Just a 5-min walk to Heavenly Gondolas, Hiking, Biking and the best restaurants in-town, and a short 10-min walk to the Casinos, You'll be surrounded by all the fun and convenience Tahoe has to offer. Plus, the newly built Convention Center is only a 14-min walk away and a 5 min drive to the beach. With modern mountain finishes and a completion date set for the summer of 2025, these brand new units are a must-see. Designed and Built by SHEMSS - You know you're getting Quality and Style. Don't miss out on this incredible opportunity! Property next door located at 1065 Fern rd is going up for sale too
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 140882
- Subdivision:
- Unavail
ADDITIONAL INFORMATION
Attention Investors! Excellent opportunity lies within this centrally located 4-plex, all very clean units! Fully occupied minus the showing unit with a low vacancy factor and immediate income. Each unit is a 2 bedroom, one-bathroom unit with durable laminate flooring, newer granite countertops, gas ranges, and extra cabinets for storage. All bathrooms are a step-in shower/bath combo. Current maintenance items are all done for you, making the transition smooth. A neatly manicured lawn presents inviting curb appeal! One designated parking spot per unit on a quiet street close to shopping, city transit, and dining.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 140870
- Subdivision:
- Tahoe Sierra 1
ADDITIONAL INFORMATION
Discover Your Tahoe Dream: Fully Updated Duplex in Prime LocationNestled in the heart of midtown South Lake Tahoe, this meticulously renovated duplex offers the perfect blend of comfort and convenience. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, showcasing sleek luxury vinyl plank flooring throughout. The gourmet kitchens feature granite countertops and stainless steel appliances, while full-sized washers and dryers provide ultimate convenience.Embrace the Tahoe lifestyle with private, fenced backyards and inviting decksideal for outdoor entertaining or peaceful relaxation. Ample parking accommodates up to 3 cars per unit, a rare find in this sought-after area.Nature enthusiasts will appreciate the easy walking distance to the scenic Hartoonian Trail system, offering year-round recreational opportunities. Meanwhile, the midtown location puts you at the center of South Lake Tahoe's vibrant dining, shopping, and entertainment scene.Don't miss this opportunity to own a fully updated, low-maintenance property in one of Tahoe's most desirable neighborhoods. Perfect for those seeking a move-in ready home or a smart investment in the booming Tahoe real estate market.Experience the best of Tahoe livingschedule your viewing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.63 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 224104977
View additional info
Courtesy: Marcus & Millichap Real Estate
909-5450
ADDITIONAL INFORMATION
Leawood Apartments, a 100% renovated 13-Unit apartment community nestled in the resort town of South Lake Tahoe, California. The community features one Studio, 5 One Bedroom / One Bathrooms, 5 Two Bedroom / One Bathrooms, and 2 Three Bedroom / One Bathroom units. Current ownership has finished renovations on 12 of 13 unit interiors with the remaining one currently being renovated as of October 2024.Typical renovation includes LVP flooring, quartz countertops, new appliances, and new / refinished cabinetry. A study of nearby competitive sets suggests that Leawood's renovations are done to a higher level than most in the immediate neighborhood, thus commanding much higher rent. The property also received an exterior facelift with new paint, doors, and a new roof all within the last few years.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 140683
- Subdivision:
- Unavail
ADDITIONAL INFORMATION
Nestled in the heart of South Lake Tahoe, this charming mountain duplex offers a rare opportunity for savvy investors. With a total of 1,040 square feet of livable space, this multi-family home boasts one bedroom and one bathroom in each unit, providing ample space for comfortable living or lucrative rental income.Situated on a spacious lot, this property features off-street parking for two vehicles under a beautiful painted carport, ensuring convenience for residents and guests alike. The interior showcases a delightful blend of mountain charm and modern amenities.Equipped with a gas heating system and a comprehensive array of appliances, including a refrigerator, microwave, cooktop, and oven, this property offers a seamless living experience. The laundry facilities conveniently located in the kitchen add to the practical appeal. With a tar/gravel roof and public water utilities, this 1959-built gem is a testament to enduring quality.PLEASE DO NOT DISTURB TENANTS
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- 140668
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Five Apartments. Multi family 5 unit property in a great location. Excellent opportunity for investment or owner can occupy one or more units. Sitting on a half acre, lot is set back from the road for privacy. The property has a duplex and a triplex. Many owner upgrades include newer roof, windows and paint. Interiors have been upgraded as well. Presently fully rented. Separately metered. Conveniently located to everything Lake Tahoe has to offer.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 140902
- Subdivision:
- Lakeside Lodge
ADDITIONAL INFORMATION
Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769Short Term Tourist Rental/ VHR 7 unit Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly located at the end of a quiet Cul-De-Sac on the lakeside of HWY 50, without thru-traffic, and adjacent to open+ scenic space. Currently operating with seven units, all equipped for self-catering, one unit is a three bedroom apartment with full kitchen and dining area plus living room- could be used as owner's quarters or stay as profitable rental, two units are 1-bedrooms with living room, and 4 units are studios with kitchenettes. All units are newly and beautifully furnished throughout and with upgrades done in 2022. There is an additional large laundry/ storage/ workshop area that could be further developed. Currently fully operated by a management company as Pine Tree Place units #1- #7. Popular in the winter ski season, the summer lake season with water sports and beach nearby, plus additional concerts and events for year-round fun. Great blue-chip investment in prime downtown area. Call for details.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- 140607
- Subdivision:
- Pinewood Terrace
ADDITIONAL INFORMATION
Welcome to an exceptional investment opportunity in the heart of South Lake Tahoe! This duplex is perfectly positioned near Stateline, offering easy access to the casinos, Heavenly Village, and the Heavenly Mountain Gondola. The property runs street to street, providing added privacy and potential for creative redevelopment.This home needs a major remodel or rebuild, making it an ideal canvas for your vision. Whether you're looking to create a multi-family residence, or a personal mountain retreat, the possibilities are endless. With its prime location and the demand for properties in South Lake Tahoe, this duplex offers significant investment potential.Don't miss out on this rare chance to own a piece of South Lake Tahoe's charm.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 140588
- Subdivision:
- Lake Tahoe
ADDITIONAL INFORMATION
Are you looking for an investment property in Lake Tahoe? This duplex has been freshly painted inside and out and exudes pride of ownership. Each unit offers 2 bedrooms,1 bathroom, an area for laundry and ample storage. The kitchens, bathrooms, and flooring have all been updated with tasteful finishes which adds a touch of modern comfort to your living experience.The property offers fully fenced yards for both units, perfect for your furry friends. Additionally, a large shed is available to store your bikes, skis or any other outdoor gear you'll want to enjoy living in Lake Tahoe. This duplex is located in a prime location right in the heart of town, you're just steps away from Heavenly Mountain and Lake Tahoe.Whether you're seeking a comfortable home or a smart investment opportunity, this duplex is ideal for those who appreciate quality and style. Enjoy serene surroundings along with the convenience of a fully upgraded living space in beautiful Lake Tahoe!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- 140569
- Subdivision:
- Unavail
ADDITIONAL INFORMATION
Investment Opportunity in Lake Tahoe! This versatile duplex features two stand-alone units, offering significant potential in a prime location just a short stroll from Heavenly, Lake Tahoe, and the bustling Casino corridors at Stateline. The front house boasts 2 bedrooms and 1 bath, showcasing numerous upgrades throughout with only minimal work needed to complete the unit, making it ideal for immediate move in or rental. The back house, a 1-bedroom, 1-bath space, is currently a blank canvas, down to the studs and ready for customization according to your vision or investment goals. This property's exceptional location and dual-unit layout present a unique opportunity for generating rental income or creating a tailored living space in one of Lake Tahoe's most ideal areas. Don't miss this chance to capitalize on this investment with great potential!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 140560
- Subdivision:
- Pinewood Terrace
ADDITIONAL INFORMATION
Fantastic duplex opportunity in the Stateline neighborhood of South Lake Tahoe. The SPACIOUS top unit has been completely remodeled with new paint, flooring, kitchen and bathrooms! Featuring three large bedrooms and two full bathrooms this unit is move in ready. Other recent updates to the duplex include a new roof, new concrete steps and metal handrails. The bottom unit has been updated with new flooring, kitchen, and bathroom. This two-bedroom, one bathroom unit features a 1 car garage with laundry and a covered entryway. Each unit has its own hot water heater and forced air heating system. The extra-long driveway offers ample parking. Centrally located on flat ground with easy access to the Casinos, Heavenly Gondola, bike path and Lake Tahoe.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 140516
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Perfect opportunity to enter home ownership. MAKE ONE UNIT YOUR HOME AND THE RENT THE OTHER TWO FOR INCOME!1166 Bonanza, South Lake Tahoe, CA, is a versatile triplex property offering an excellent investment opportunity in a prime location. Situated in the beautiful and serene environment of South Lake Tahoe, making it a desirable place to live or rent. This property provides a great opportunity to own a triplex in one of California's most scenic and sought-after locations, making it an ideal investment for those looking to capitalize on the area's strong rental market. Each unit is a 2 bedrooms, 1 bath townhome with covered carport and room for tandem parking
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 140517
- Subdivision:
- Pinewood Terrace
ADDITIONAL INFORMATION
Located just minutes from Lake Tahoe's beaches, ski resorts, and the downtown area of South Lake Tahoe, 1026 Glen Road is an outstanding investment opportunity in one of California's most desirable locations. This property is comprised of 5 1 bedroom, 1 bath units. Walking distance to Stateline, easy access for stateline employees. Close to public transportation and shopping.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- 140521
- Subdivision:
- Harlow Acres
ADDITIONAL INFORMATION
Back on the market!! Take a step back in time. These 2 adorable log cabins were actually built in 1913 way before the record keeping by the city with the current assessment showing its age of 1931.Both front and back cabins are 540 sq ft each 1bd 1ba with small loft. The rear cabin has been upgraded all to code without compromising on its unique log cabin feel. Everything from the electrical, plumbing, foundation, fencing, 2 can bear box, plank flooring, fireplace, chinking, kitchen appliances and bath fixtures.The front cabin is in need of a re-do but what fun for someone with an eye to creativityThis is a one of a kind property that borders a non buildable lot which gives you a real meadow feel while sitting on your decks. Location location is another plus! Whole Foods is a stones throw away, as well as our beautiful Lake and Tahoe all year fun within walking distance. A wonderful investment that you will want to keep in the family for generations to come.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.25 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 140505
- Subdivision:
- Bijou Park Addition
ADDITIONAL INFORMATION
Exceptional investment opportunity with an attractive CAP rate and current maintenance items performed! Offered for sale is a 27-unit apartment complex occupying two large parcels: 3590 Tamarack Avenue and 1160 Bowers Avenue. Fully occupied, minus the showing unit, this complex has a steady income history and many upgrades! Rents are current! Each unit has individual gas meters, electric has sub-meters and several units have been completely remodeled with contemporary gray tones, shaker-style cabinetry, quality laminate flooring, granite slab counters, and stainless steel appliances. Increase your CAP rate by renovating the remaining units and increasing rents, respectively. Additional streams of income include optional, independently rented garage spaces and two separate on-site coin laundry facilities. Both of the addresses have their own manicured courtyard with lush lawns and irrigation. Beside each address are Forest Service/Conservancy parcels for added privacy and buffering. The entire complex parking areas have been sealed and meticulously repaired this season and have clearly marked designated parking spaces for each unit. Newer roofs, 2008 & 2022, recent exterior paint, and vinyl windows have already been done for you! Near grocery shopping, recreation, the tourist core, and bus lines, getting around town is a breeze from this location!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 140495
- Subdivision:
- Tahoe Sierra 3
ADDITIONAL INFORMATION
Searching for that perfect rental opportunity in Tahoe? Well look no further than this sizeable multi-family home in a lovely centrally located neighborhood featuring a total of 3 bedrooms and 3 full bathrooms.The main house offers 2 bedrooms and 2 full bathrooms, a great size open-concept kitchen and living area, with access to the garage and laundry area. Above the garage is a spacious 1-bedroom, 1-bathroom unit with a full kitchen, private entry, and side yard.The garage has been thoughtfully curated to offer organized storage for all the adventure toys, tools, a dedicated area for laundry, and even creating a useful workspace.Resource conserving dry-landscaping installed, that is low-maintenance, environmentally friendly and attractive. With the addition of a fabulous row of flourishing, mature raspberry plants just out the back door!Some highlight features include a new roof, new floors throughout, new appliances, and a 2-car garage.This property is ideal for various styles of living; whether you decide to call this entire property home with a guest unit, you capitalize on the house-hacking opportunity, or rent out the whole place, the possibilities for this home are abundant!$10,000 CREDIT OFFERED TO BUYER'S CLOSING COST!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 140480
- Subdivision:
- Markofer
ADDITIONAL INFORMATION
Great duplex is close to Heavenly Valley Ski Resort. Unit 1A/Right is 3 Bedrooms, 2 Bath, 1 car garage. Unit 2B/Left is 2 Bedrooms, 2 Bath, 1 car garage. Total square footage is 2168 SF. Duplex is located in a quiet neighborhood but close to many other venues: the Farmers Market on Ski Run Blvd; Ski Run Marina; the casino corridor with shops, restaurants, movie theatre and the exciting casino action venues, all located only minutes away! Units feature:Livingrooms are open beam ceiling with gas fireplaces. Larger (main) bedrooms have open beam ceilings. Shared/common private backyard with beautiful trees for both units to enjoy. The units have long-term, excellent reliable tenants who have enjoyed living there for many years. Good income for this property! If you are searching for a great investment property look no further!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 140322
- Subdivision:
- Bijou Park
ADDITIONAL INFORMATION
An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. One studio, one 3 bedroom/2 bath and two 3 bedroom/1 baths. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.49 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- 41063240
ADDITIONAL INFORMATION
*AWARD WINNING RESTAURANT & 25 UNITS!!* *DESIRABLE LOCATION ON HWY 89, NEAR "THE Y" * *3 STREET FRONTAGE* *4 SEPARATE BUILDINGS* *RESTAURANT FEATURES 2 BARS, 4 BATHROOMS, ADA COMPLIANT * *INDOOR/OUTDOOR SEATING, SPECIAL EVENTS, WEDDINGS * *STABLE COMMERCIAL TENANT, 3% ANNUAL INCREASES PLUS OVERAGES* *IDEAL APARTMENT FOR OWNER/OCCUPANT OR MANAGER* *PLEASE DO NOT DISTURB RESIDENTIAL OR COMMERCIAL TENANT*
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 140253
- Subdivision:
- Al Tahoe 1
ADDITIONAL INFORMATION
This triplex is located in the highly coveted 600-block of Al Tahoe, only 500' from the meadow and trails leading to Trout Creek and Secret Beach, along the shore of Lake Tahoe. Only a bike ride from restaurants, pubs, shopping and Lakeview Commons, the property is as central to the city limits as can be found. Constructed mostly of concrete cinder block, the structure is very low maintenance and more resistant to fire. The massive paving stone driveway provides parking for 8-10 vehicles. Current rents are well below market, especially for this sought after and serene location.
$1,050,000
3808 Larch Avenue South Lake Tahoe, CA 96150
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 140252
- Subdivision:
- Pinewood Heights
ADDITIONAL INFORMATION
This centrally located duplex is adjacent to Pioneer trail, providing immediate access to transit, as well as to Heavenly Ski Resort, the casino corridor and the lake. The lot gets all-day sunshine and adjoins a conservancy owned parcel for added privacy. Each unit has their own 1-car garage, plus a large parking area for multiple extra vehicles. One unit is month-to-month and the other is working on a 6-month lease, but both are renting for far less than current market rates.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 140044
- Subdivision:
- Bijou Park
ADDITIONAL INFORMATION
A 12 unit multi-family property 100% leased to Vail Resorts as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 136983
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Great income property or developers dream. One acre parcel zoned Residential/Commercial in the Tahoe Valley Area Plan, with higher density residential capabilities. Existing duplex, each with 2 bdrms. 1 bath and approx. 1500 sq. ft of commercial space. Previously used as a dance studio & event center, could be converted into contractor storage/business space or convert to a living unit. Additional one acre adjoining parcel #032-161-004 also available.
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South Lake Tahoe Real Estate
The median home value in South Lake Tahoe, CA is $675,000. This is higher than the county median home value of $650,100. The national median home value is $338,100. The average price of homes sold in South Lake Tahoe, CA is $675,000. Approximately 24.55% of South Lake Tahoe homes are owned, compared to 30.86% rented, while 44.6% are vacant. South Lake Tahoe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Lake Tahoe real estate agent to arrange a tour today!
South Lake Tahoe, California has a population of 21,355. South Lake Tahoe is less family-centric than the surrounding county with 29.06% of the households containing married families with children. The county average for households married with children is 30.32%.
The median household income in South Lake Tahoe, California is $57,976. The median household income for the surrounding county is $88,770 compared to the national median of $69,021. The median age of people living in South Lake Tahoe is 39 years.
South Lake Tahoe Weather
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 23.3 inches per year, with 142.4 inches of snow per year.